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Never purchased a luxury car myself, but I know people who have. Things to consider - the "happyness" or "newness" will wear off and it will become the new nor
by quickthrower2 8y ago
Never purchased a luxury car myself, but I know people who have.
Things to consider - the "happyness" or "newness" will wear off and it will become the new normal.
It might make you less happy in the long run as you have to be paranoid about where you park, how you drive etc, as a scratch is more of a disaster on an expensive car, both in terms of cost of fixing and the dent in your pride :-)
Owner of severely dented run of the mill Toyota here. Where I live: been hit and run dented this year, then the hire car I used while that was being repaired was hit and run dented. Out of pocket $3k, and yes I had insurance and I got the excess reduction on the hire car :-( /rant
Having said that if $50k is a drop in the ocean, then why not. But if it is a choice between the car and some kind of investment I'd prefer the investment.
- sh87 8y agoIt's more than half a year worth savings than a drop in the ocean. Wanted a wider perspective if a car can be worth that. I am already careful (what SO likes to call 'paranoid') about where I park, how I drive etc I imagine its just going to get worse. I feel ya about the dual hit and run man.