Cars We Drive!

[gomestar]

I zipped through Paris driving a F430 today. Hell of a machine.

 

[junior varsity]



I zipped through Paris driving a F430 today. Hell of a machine.

pics or it didnt happen

 

[gomestar]

It did happen. And I have pics. Not sure how to dl them from iPhone directly to SF, but when I get back to the states I will put on Webshots and then to SF.

 

[JuyLe]

Speaking of things that did happen. I got into the latest M5 at the showroom in Berlin. I was quite impressed and reinforced my idea that this would be a very good, fun, daily driver.

and saw that as well. Not so impressed but could be worse !

 

[norcaltransplant]

Just out of curiosity, does anyone still buy a car with straight cash?

 

[KurtS90]

Just out of curiosity, does anyone still buy a car with straight cash?

I do, every car I ever owned was paid with cash... Given none of my cars cost more then $10,000. The only time I can see financing a car is if the interest rate on the loan is low and your the type of person to invest the money.

 

[Arthur PE]

Just out of curiosity, does anyone still buy a car with straight cash?

I'm sure people do

I usually put 1/2 down and pay it off in 2 years, 50k cars
it works out since I get car expenses of 500-600 month
I also keep my cars at least 6 to 8 years, buy used, low mileage, cpo'ed

eg my e46 M3 I paid 42k (had 9k miles on it, that was 10K less than new)
drove it 7 years 130k miles, made about 20k in expenses over that period after gas/insurance maintenance
sold the car for 18k, so it cost me ~4k to drive the car for 7 years (less interest, insurance, fuel, etc.)

I paid 45k for the Audi, it had 7k, list was 65k or so, paid it off in 1 year (good bonus)
had it for 3.5 years so far and have 1.5 years of warranty left
it is still worth 35k or so

 

[idfnl]



It did happen. And I have pics. Not sure how to dl them from iPhone directly to SF, but when I get back to the states I will put on Webshots and then to SF.

See, here I am in it, in the back. Next time dont call me a liar.

 

[brokencycle]



I do, every car I ever owned was paid with cash... Given none of my cars cost more then $10,000. The only time I can see financing a car is if the interest rate on the loan is low and your the type of person to invest the money.

Right now it is like 2.5% for an auto loan.

 

[junior varsity]



Right now it is like 2.5% for an auto loan.

paying for a depreciating asset with a loan? thats so american

 

[RFX45]



paying for a depreciating asset with a loan? thats so american

So everyone else in the world pays cash for their cars?

 

[junior varsity]



So everyone else in the world pays cash for their cars?

im just saying its not a very financially smart move, despite the necessities of it to some people...
i think all the chinese paid their cars with cash until very recently where a more sound credit system was developed...

 

[Find Finn]



Picture of red FF

Saw one in Grey in Milano during Salone

Just out of curiosity, does anyone still buy a car with straight cash?

Yes, but not normal people with new car at, least not around here.

im just saying its not a very financially smart move, despite the necessities of it to some people...
i think all the chinese paid their cars with cash until very recently where a more sound credit system was developed...

Tax law wise, it's not stupid.

 

[HRoi]

sometimes it's "stupid" to pay cash. I get 0.9% financing and can gt a return on my cash of five times that without looking very hard.

 

[DerekS]

drove this home last night...originally had a porsche boxster in mind, but this was much more my style with a great price.
(dealer pic)

and here it is last night...