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what's too much on a midlife crisis car?

SomeGuy said:
You should stop encouraging it :flipoff2:
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you're kinda ruining yourself more with every post you've made so far

am I obliviously blundering in to some kind of fetish where you get off on being ridiculed?
Did I break the magic by pointing it out? I hope you were able to cum before I popped the bubble.
 
Mikenike said:
No no he is right. Your a fag and that is a dumb rule. I get not cleaning yourself out but twice is over is incredibly stupid. Unless you aren't planning to have insurance on it or something you will never need twoce what you paid for it to keep it going.
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Ok, actually on topic here, but the reason for being able to buy it twice is so you aren't wiping out all of your money for a vehicle purchase. It's no different than saying xx percentage of income or whatever other metric you want to base it on, just keep the proportion of money spent on vehicles to a smaller amount.

Has nothing to do with maintenance or insurance, entirely to do with affordability of the initial purchase.
 
Texas97 said:
hey, snowback, keep homosexual references to yourself and out of this thread. start a new thread about it but im sure 486 is tired of hearing people bring it up at the drop of a hat. :shaking:
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nah man I'm always laughing my ass off at peoples' insecurities

anyways if the polara ain't your bag, the midsize LTDs (and the fairmonts) are basically a four door mustang
they kinda started being worth actual money again instead of the scrap price they were worth forever though, and foxbodies are complete noodly trash, but people seem to like them for whatever dumb reason

pretty much "any malaise era four door shitbox with character"
 
jeepyj said:
It doesn't matter how much it costs. Buy what you want. If you buy something less because it's what fits the family or budget, you still want what you want and it's still out there and not yours. :dustin: Send it! What could go wrong?


.
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i am kinda leaning towards this.... but stuff i really like is pushing up toward the century mark. and it feels weird.... and maybe a little wrong? because i grew up with barely two nickles to rub together.... but ive been working and grinding for years.

but i keep telling myself, people these days run around in 100-120k plus vehicles all the time and they arent even anything special, Caddy SUVs, G-wagons, BMW XMs and 8 series.... etc.

i dont know.... i am probably 3-6 months from pulling the trigger on something. the wife and i have talked about it, and we arent really ready today, but after the first of the year if the economy is still in tact, it may be the right time.
 
I declined to buy the cool car I wanted in 1999. I could have bought a driver for 5k. I decided to be responsible and wait 5 years. The price doubled, tripled and quadrupled over the next 5 years.

I wanted a 67 mustang fastback, gone in 60 seconds came out in 2000:homer:


When I find the right viper for the right price, I'll buy it.


Edit, where I was going with this, is 60s and 70s driver grade stuff will likely hold its value, or appreciate with inflation for quite a while, can be driven with reasonable insurance and upkeep costs. I think a viper will be similar.

The built to the hilt 100k cars, I'd be a little leery of, that segment could get hit hard in a recession, whereas a middle aged guy will sit on his 30k Chevelle and just put off the aluminum head upgrades
 
[486] said:
nah man I'm always laughing my ass off at peoples' insecurities

anyways if the polara ain't your bag, the midsize LTDs (and the fairmonts) are basically a four door mustang
they kinda started being worth actual money again instead of the scrap price they were worth forever though, and foxbodies are complete noodly trash, but people seem to like them for whatever dumb reason

pretty much "any malaise era four door shitbox with character"
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i always wanted a 4 door Diplomat sleeper car.... like all the "undercover" cops drove around in the 80s movies. unassuming, boring.... but 429 under the hood and full hodgkiss suspension underneath... that would be cool.

but i also cant get past my love for the '69 Charger or a Coronet or a Plymouth with the Mopar B-Body.....
 
Sceep said:
:confused:

He never said that other half was for maintenance or anything like that?
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Not the point i was trying to make. See below.
SomeGuy said:
Ok, actually on topic here, but the reason for being able to buy it twice is so you aren't wiping out all of your money for a vehicle purchase. It's no different than saying xx percentage of income or whatever other metric you want to base it on, just keep the proportion of money spent on vehicles to a smaller amount.

Has nothing to do with maintenance or insurance, entirely to do with affordability of the initial purchase.
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Again i get not wanting to wipe ones self out. But double the price of a car is a strange rule/gap to keep from getting something you want when it will never cost you anywhere close to that again. If you need the price of a whole ass Porsche for your emergency fund you are doing some serious shit wrong imho. I have bought alot of shit where not having double what it cost wouldn't come anywhere close to wiping me out. I mean you do you but im not going to wait twice as long to have and enjoy something when i never know how long i have left as long as there is still some in the bank when i park it in my driveway. But you do you.
 
Sceep said:
Doesn't sound unreasonable to me, but I've had multiple Porsche budget emergencies in my life so far. Shit happens and when it does, its expensive. :laughing:
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I have never had an emergency that cost whole as porsche money that wasn't in some way covered mostly by something else like insurance. I could lose my whole ass house and only be out whatever my tiny deductible is. Same for medical shit and cars are all full insured. What the fuck are you screwing up that is that out of pocket?
 
Sceep said:
Doesn't sound unreasonable to me, but I've had multiple Porsche budget emergencies in my life so far. Shit happens and when it does, its expensive. :laughing:
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I managed the rough in on a pre A speedster. $4500 for a NOS wiper motor and carton seemed reasonable for the overall cost of the car and resto. Am I missing something or are the newish wiper motors 4500 as well. Seriously asking.

Midlife Crisis purchases should not hurt nor effect your wallet IMHO. Spend as much as you wish to blow away. That you already have though.
 
Texas97 said:
i always wanted a 4 door Diplomat sleeper car.... like all the "undercover" cops drove around in the 80s movies. unassuming, boring.... but 429 under the hood and full hodgkiss suspension underneath...
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My friend bought a police vehicle from the local county auction. Can't recall the specifics but it was fast & badass to drive with the upgraded suspension. Kid wrecked it & ended up in the hospital- :eek:
 
Mikenike said:
I have never had an emergency that cost whole as porsche money that wasn't in some way covered mostly by something else like insurance. I could lose my whole ass house and only be out whatever my tiny deductible is. Same for medical shit and cars are all full insured. What the fuck are you screwing up that is that out of pocket?
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Personally, last year, neck operation, best doc in the state, not covered under my medical insurance. So almost $35K out of pocket - at heavily discounted rates because Doc is a family friend, would have been $75K plus if I was off the street.

So not a Taycan, but at least a lightly used Macan.

$75K would be 5 times what I paid for the most recent P car in the fleet.

I don't follow SomeGuys philosophy on cars, but it does fall under us having 6 months of expenses on hand in cash. 12 months of expenses available as cash within 48 hrs.

I bought a Mini when I had my first mid life crisis - what are you compensating for there OP? :lmao:

Nearly bought a brand new P-car 3 years ago, but missed my self imposed target of gains by $5K (on 7 figures) that year, and have not got close since.

Latest sacrifice to the late mid life crisis gods is buying and riding ADV bikes. The collectable bikes I have are too valuable for a hack rider like myself to run to the limit, so they are limited to eye candy. I have way more fun on the 125 farm bike than I do on the 200hp low production monsters.
 
[486] said:
nah man I'm always laughing my ass off at peoples' insecurities

anyways if the polara ain't your bag, the midsize LTDs (and the fairmonts) are basically a four door mustang
they kinda started being worth actual money again instead of the scrap price they were worth forever though, and foxbodies are complete noodly trash, but people seem to like them for whatever dumb reason

pretty much "any malaise era four door shitbox with character"
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lol I miss my Ltd. Thinking about trying to find a nice summer one again:lmao:
 
I think an early Nova wagon would be cool in that scenario and could probably be had in the 20 25K range for a decent driver.

If you are more into track driving, Maybe a 4 door BMW with some upgrades? Money is up to your budget at that point.
 
Projectjunkie said:
When I find the right viper for the right price, I'll buy it.
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This may or the below car be my mid life crisis if I can get my money up by then. :homer:

Texas97 said:
i always wanted a 4 door Diplomat sleeper car.... like all the "undercover" cops drove around in the 80s movies. unassuming, boring.... but 429 under the hood and full hodgkiss suspension underneath... that would be cool.
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Pretty sure you mentioned the Diplomat that peaked my interest, and I fully approve :lmao:

det107 said:
Kid wrecked it & ended up in the hospital- :eek:
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Trade in the kid for a new one.

:flipoff2:




I've heard similar budget tactics from a well off family. Want a new washer? Save up double before purchase. It worked for them.

I get discouraged by saving up that and beyond while I see everyone else getting pimp shit/parts. I want to be able to use whatever Im buying.
 
Mikenike said:
Not the point i was trying to make. See below.

Again i get not wanting to wipe ones self out. But double the price of a car is a strange rule/gap to keep from getting something you want when it will never cost you anywhere close to that again. If you need the price of a whole ass Porsche for your emergency fund you are doing some serious shit wrong imho. I have bought alot of shit where not having double what it cost wouldn't come anywhere close to wiping me out. I mean you do you but im not going to wait twice as long to have and enjoy something when i never know how long i have left as long as there is still some in the bank when i park it in my driveway. But you do you.
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It's not just emergency funding either, it's just not spending a large portion of your funds on a vehicle in the end. And it's not as though I had $200k just sitting there in pure cash, most was in shorter term GIC's and other high interest savings accounts and such....money that could be accessed within a reasonable time period if something came up but not in RRSPs (401k for you yanks) or investments or anything borrowed. I do subscribe to the idea of having at least 6-12 months of living expenses too, who knows with unemployment or health issues what might happen. Yes I've got insurance and disability and all that, but you just never know and I'm on the more cautious side of things. Wife had breast cancer the year before we bought the Porsche, that didn't cost us much of anything but could have in different circumstances.

It also depends on your overall financial situation, obviously to afford a Porsche cash in the first place (even without the double rule) we have a decently high 6 figure household income...if we're talking a $20k used classic car, then having another $20k in the bank as emergency actually makes a lot of sense, $20k won't pay for most people's expenses for 6 months, but $100k is more than needed. So overall income comes into play when deciding affordable.

At the end of the day, it's just not overspending and wiping out all your money for a toy vehicle was the point. Yes, you only live once, and I sure as shit could have just bought a $30k Rav4 again rather than a $110k Porsche to get me around, so I'm also not opposed to spending more money on something I want...that let's face it, I probably won't spend again on a new Porsche. The new electric Macan that's coming out is 30% or so more expensive and we have a "luxury tax" now that would apply on top, so spending $150k ... ehhh beyond what I'd want to do, even though I could technically afford it. Maybe next fun car will be a Miata or a used Cayman or heck, maybe I'll get a Tacoma or Bronco or Kei Truck or something different completely.
 
Texas97 said:
i am kinda leaning towards this.... but stuff i really like is pushing up toward the century mark. and it feels weird.... and maybe a little wrong? because i grew up with barely two nickles to rub together.... but ive been working and grinding for years.

but i keep telling myself, people these days run around in 100-120k plus vehicles all the time and they arent even anything special, Caddy SUVs, G-wagons, BMW XMs and 8 series.... etc.

i dont know.... i am probably 3-6 months from pulling the trigger on something. the wife and i have talked about it, and we arent really ready today, but after the first of the year if the economy is still in tact, it may be the right time.
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Imho, if you are looking at something approaching $100k, you need to think about whether your home is paid off, your retirement is well funded, will the $100k car appreciate or depreciate and whether it will be financed or cash is a big consideration.
 
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