pavluska

Senior Member
Apr 25, 2013
7,339
Best thing to do - both financially & environmentally - is to always buy used cars. I'll never buy brand new. Purely financially, it's bordering stupidity.

Actually, best thing to do is buy a car that holds on increases in value - if you can find one that fits your lifestyle & budget.

EVs aren't just about being environmentally conscious (personally I care a little but not my first thought), they actually do save you money. And much less maintenance headaches. And they're fun rides.

Hybrids are expensive though, and they tend to be less desirable, but depends on one's situation.

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EVs are defo the future. Dudes behind on times hating on them (other than not fitting their needs) remind me of (usually same) dudes hating on eating salads.
 

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AFL_ITALIA

MAGISTERIAL
Jun 17, 2011
31,813
Best thing to do - both financially & environmentally - is to always buy used cars. I'll never buy brand new. Purely financially, it's bordering stupidity.

Actually, best thing to do is buy a car that holds on increases in value - if you can find one that fits your lifestyle & budget.

EVs aren't just about being environmentally conscious (personally I care a little but not my first thought), they actually do save you money. And much less maintenance headaches. And they're fun rides.

Hybrids are expensive though, and they tend to be less desirable, but depends on one's situation.

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EVs are defo the future. Dudes behind on times hating on them (other than not fitting their needs) remind me of (usually same) dudes hating on eating salads.
Can you provide examples? Because the only case of this I know of is my friend that bought a used Lamborghini for like $80,000...

Yeah though, buying new cars is imo the worst financial move that someone middle class or below can make :agree:
 

Enron

Tickle Me
Moderator
Oct 11, 2005
75,665
Best thing to do - both financially & environmentally - is to always buy used cars. I'll never buy brand new. Purely financially, it's bordering stupidity.

Actually, best thing to do is buy a car that holds on increases in value - if you can find one that fits your lifestyle & budget.

EVs aren't just about being environmentally conscious (personally I care a little but not my first thought), they actually do save you money. And much less maintenance headaches. And they're fun rides.

Hybrids are expensive though, and they tend to be less desirable, but depends on one's situation.

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EVs are defo the future. Dudes behind on times hating on them (other than not fitting their needs) remind me of (usually same) dudes hating on eating salads.
Where I live the majority of EV stations are free and those that do charge are very minimal like $3.15 for a full charge.
 

lgorTudor

Senior Member
Jan 15, 2015
32,951
Best thing to do - both financially & environmentally - is to always buy used cars. I'll never buy brand new. Purely financially, it's bordering stupidity.
Yes and then you get handed a 10k repair bill and lots of trouble because the previous owner was revving a cold engine or riding his clutch etc. Or there are substances worse than traces of feces or cum found in the interior space.

New cars might be more expensive but buying them regardless is anything but stupid.

Hybrids are the most practical ones but buying used hybrids is even more tricky because by design they suffer from the highest complexity and contain the highest amount of parts (that can break down). Hybrids are pretty damn cool however.

Pure EVs are gonna be impractical in Germany for many years to come, I'm afraid.
 

ALC

Ohaulick
Oct 28, 2010
46,536
New cars come with warranty, often free service for a while, and like Igor Tudor said, peace of mind. Nothing wrong with buying new if you can afford it
 

DAiDEViL

Senior Member
Feb 21, 2015
64,712
There is used and then there is used.

You can find what are basically new cars with only a few miles on them, maybe driven from car dealer to car dealer, or one or two test drive rounds around the block, and they already come with a huge discount and warranty. Makes it really almost stupid to pay full price for a new one instead.

Used in the sense of being driven for years i too wouldn't buy. You don't know how shitty the car has been treated.
 

pavluska

Senior Member
Apr 25, 2013
7,339
Can you provide examples? Because the only case of this I know of is my friend that bought a used Lamborghini for like $80,000...

Yeah though, buying new cars is imo the worst financial move that someone middle class or below can make :agree:
Honda S2000

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Yes and then you get handed a 10k repair bill and lots of trouble because the previous owner was revving a cold engine or riding his clutch etc. Or there are substances worse than traces of feces or cum found in the interior space.

New cars might be more expensive but buying them regardless is anything but stupid.

Hybrids are the most practical ones but buying used hybrids is even more tricky because by design they suffer from the highest complexity and contain the highest amount of parts (that can break down). Hybrids are pretty damn cool however.

Pure EVs are gonna be impractical in Germany for many years to come, I'm afraid.
You can buy one that 2-3 years old and do your due diligence before you buy it & get it checked out and you'll be fine.

Older ones are fine too if you do due diligence but above should be suitable for everyone or most people.

The moment you drive a new car off the lot, it depreciates significantly. Financially doesn't make sense to bear that payment. But like I said, "purely financially"...people may have other needs or wants.

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Also, sometimes it's safer to buy a 3 yo car. You will have known about that transmission prob of that particular model/year or, worse, brake problem.
 
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s4tch

Senior Member
Mar 23, 2015
33,760
Can you provide examples?
there are plenty of "youngtimers" that already became more expensive than they were a few years ago. bmw e30, especially with with bigger engines (325), datsun 240z, basically any 6-cylinder porsche, any merc amg (etc) in a good overall condition and low mileage can prove to be a good investment over time.

what's crazy: i know a girl who inherited a house from his dad who passed away last year. he had a trabant with a very low mileage (15k km, ~9k miles) in his garage. she though it was worth next to nothing, and it was true a couple of years ago: i also had one, it ended up in the scrapyard because the repair would have been too expensive compared to its market value. now, these used to go for less than 100k local money (~300$) some years ago, but the girl started to get offers for the car, and she thought she might get a decent sum for it. she started an auction on the local ebay alternative, which ended slightly above 1,5 million huf, around 5.000$. she couldn't believe her eyes.

like 10 years ago, i wanted to buy an 1st gen honda civic to use in the city. it was offered for ~1k$ in a local shop, rust free, low mileage, great condition. i declined because even though i have a double garage so it wouldn't take too much space, i just couldn't justify getting a second car. now it's borderline impossible to find one which isn't too rusty, and even decent 2nd gens are sold for crazy money: https://www.hasznaltauto.hu/szemelyauto/honda/civic/honda_civic_1_3_gls-13695127 (~9k$)

there are some guys who keep buying old bmw's as investments. look at the tour at the end of this vid:

aany rare old car or any car with a cult following can be a good investment. you just have to keep it safe and dry, and be patient.
 

X Æ A-12

Senior Member
Contributor
Sep 4, 2006
87,962
i cant imagine not owning a car. I had a car before I was even old enough to get a license.

The one week since in which i didn't own a car I rented one.


Working on a sustainability project at work with a guy who is fresh off the plane from Germany. I can't understand half of what he says or why he is so anal about the most minute of details, formatting etc but he is hilarious.
 

Post Ironic

Senior Member
Feb 9, 2013
42,253
To me it's all about cash flow. If purchasing a new car seriously inhibits your cash flow, then it's a terrible idea.

The opportunity cost is simply too big.
You’re weird about money. Enjoy life. Don’t pinch pennies.

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A daily driver is not a car that will appreciate in value.
This. There are cars that hold value better than others, but no car appreciates or even maintains value when used for what most drivers need.
 

pavluska

Senior Member
Apr 25, 2013
7,339
You’re weird about money. Enjoy life. Don’t pinch pennies.

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This. There are cars that hold value better than others, but no car appreciates or even maintains value when used for what most drivers need.
I don't think he's pinching pennies but knows what a compound interest curve looks like.

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And car expenses are literally second biggest after housing. Not something you wanna be carefree about.
 

Quetzalcoatl

It ain't hard to tell
Aug 22, 2007
66,774
Perhaps I phrased it wrong. More so meant that he seems far too fixated on having a certain level of high income. Sure, it’s nice, but not really necessary to enjoy life.

To each their own though.
Yeah, Claudio reminds me of myself some years ago. Always thinking about how to make money. It's not necessarily a bad thing, but I don't really care about it that much anymore and now am a lot more relaxed.

I think if you keep adding to your skills or learning new ones, and work on yourself personally, you'll do alright with money.

If you want to become a millionaire or whatever, and are starting from the bottom, you probably have to be obsessed to get there. Not worth it imo.
 

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