Buying a new car

Discussion in 'Investment Strategy' started by Beelzebub, 2nd Apr, 2016.

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  1. alexm

    alexm Well-Known Member

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    Maximum of 2% of net total asset value.
     
    alexm, 3rd Apr, 2016
    #41
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  2. Sonamic

    Sonamic Well-Known Member

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    Live.

    Try and do at least 1 major thing every year. Whether that be an OS trip, a new car, or another IP, the choice is yours. Further through life your choices change, as does your wealth position, which then allows MORE choices. What a dilemma. :eek:
     
    Sonamic, 3rd Apr, 2016
    #42
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  3. mini2

    mini2 Well-Known Member

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    They're still making appearances on Shannons semi-regularly fetching $45-53k a pop. Prices for GT-R's (even the unloved R33's) have gone up a fair bit in the past year. Might need to find some time and get my R33 back on the road....some day.

    How many hours a week do I work to pay for the lease.
     
    mini2, 3rd Apr, 2016
    #43
  4. WestOz

    WestOz Well-Known Member

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    Yep, Cairns all day on 6th, staying at Rydges, off to Osaka morning of 7th
    Trip to Japan?
    Thanks, will do my best to keep up with an excited 14yr old for 2wks, likely need another hol when I get back ;)
     
    WestOz, 3rd Apr, 2016
    #44
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  5. bob shovel

    bob shovel Well-Known Member

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    Northam flying 50's on today.
    Couple of dodgey vids

     
    bob shovel, 3rd Apr, 2016
    #45
  6. Beyond Wealth

    Beyond Wealth Well-Known Member

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    Was recently discussing this and personally planning on keeping total vehicle purchase prices to 2.5% of net wealth
     
    Beyond Wealth, 3rd Apr, 2016
    #46
  7. AndrewTDP

    AndrewTDP Well-Known Member

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    Looking at getting a Tesla Model 3 one they are released.
     
    AndrewTDP, 3rd Apr, 2016
    #47
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  8. Coastal

    Coastal Well-Known Member

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    How much of a discount does everyonengey when they purchase a new car or is full asking price paid.
     
    Coastal, 3rd Apr, 2016
    #48
  9. Sonamic

    Sonamic Well-Known Member

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    Tesla 3 preorders on 1st day of taking totalled $7.5 billion worth of sales come delivery time.
     
    Sonamic, 3rd Apr, 2016
    #49
  10. Agent99

    Agent99 Well-Known Member

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    @AndrewTDP Yeah that new Tesla looks great, bit better pricing too
     
    Agent99, 3rd Apr, 2016
    #50
  11. datto

    datto Well-Known Member

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    That will get a nice Commodore (no pun intended)
     
    datto, 3rd Apr, 2016
    #51
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  12. Ed Barton

    Ed Barton Well-Known Member

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    Are the cinder blocks included in the calculation?
     
    Ed Barton, 3rd Apr, 2016
    #52
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  13. Ted Varrick

    Ted Varrick Well-Known Member

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    I think a Datsun 180B SSS could be obtainable for the same sort of money (plus or minus $50)...
     
    Ted Varrick, 3rd Apr, 2016
    #53
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  14. lightbulbmoment

    lightbulbmoment Well-Known Member

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    I see alot of those Amg c63 mercs getting around. Very nice love the sound
     
    lightbulbmoment, 3rd Apr, 2016
    #54
  15. Dan Donoghue

    Dan Donoghue Well-Known Member

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    Wife and I are just starting our investment journey and we just bought two brand new cars, our plan is a 10 - 15 year plan and my current car is 6 years old, we figured get brand newies and we don't have to worry about fixing them while the plan forges on.

    She got a Mazda CX5 GT diesel (twin turbo thing, it's nice, drives like a petrol).

    Being that she has a sensible car, this opened up the floor for me to be a complete idiot and i bought a Mazda MX5 GT (Pick it up in about 3 weeks), I will be one happy little idiot :).

    We have litteraly nothing to spend money on for the next 10 to 15 years now other than general expenses. It makes it really easy to commit to specific payments and smashing down the owings.

    You gotta live your life and have some fun along the way and for me (being a car nut), nothing will do that for me more than a shiny new car :).

    Location: Sydney....... 86 vs MX5 track day in the future perhaps ;)

    YUM!!!!! one of my faves was the original Audi quattro monsters from the 80's, followed by the RS4 (old school) and now the RS3 and S1 :).

    We traded our cars so there was a bit of playing with the number on paper but we got 14K for my wife's car, it was worth around 9 and we got 20 for mine it was worth around 16 so we got around 10% discount on our total purchase price along with the usual suspects thrown in (Tints, Mats, Boot liners)

    We did up a 180SSS back in the early 90's, dropped the 2L in it and took the thing down to bare metal to fish oil it and rust proof it.

    Great looking car when we finished but it took a number of months :).
     
    Last edited: 4th Apr, 2016
    Dan Donoghue, 4th Apr, 2016
    #55
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  16. Johann_

    Johann_ Well-Known Member

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    You know what life is to short!!! Enjoy it while you can :). How many IP's do you need... buy that car and enjoy life.
     
    Johann_, 4th Apr, 2016
    #56
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  17. Joshwaaaa

    Joshwaaaa Well-Known Member

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    I get a new car through work every 3-4 years, so that has me sorted. The gumtree add at the top of the screen listing boats for sale tells me I may spend a little too much time searching for them, wonder if work would throw in a boat in the deal:p
     
    Joshwaaaa, 4th Apr, 2016
    #57
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  18. bob shovel

    bob shovel Well-Known Member

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    Yeah do it! Just get work to get one but make sure the paperwork says "car" not "boat" no one reads the paperwork, just sign away! :D
     
    bob shovel, 4th Apr, 2016
    #58
  19. neK

    neK Well-Known Member

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    Should have a PropertyChat track day at Eastern Creek!
    The Formula Company
    The Formula Company
     
    neK, 4th Apr, 2016
    #59
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  20. devank

    devank Well-Known Member

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    Is it through your business like Dave?
    Can you please run the numbers?
     
    devank, 4th Apr, 2016
    #60
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