LS460L or SC300
#47
Instructor
iTrader: (1)
keep the money saved or invest it.
25k in the stock market, when its in a recession, at age 22 would be a nice retirement when your 45 lol.
If spend all your money on a brand new LS460 what will you have in 10 years? 25k at the most? and 1000$ a month wasted on car payments that could have been used in a MUCH better way(i.e. Saving?) The ONLY big, expensive thing you should spend money on right now in your life is something that APPRECIATES like a house.
25k in the stock market, when its in a recession, at age 22 would be a nice retirement when your 45 lol.
If spend all your money on a brand new LS460 what will you have in 10 years? 25k at the most? and 1000$ a month wasted on car payments that could have been used in a MUCH better way(i.e. Saving?) The ONLY big, expensive thing you should spend money on right now in your life is something that APPRECIATES like a house.
Last edited by QwkSC; 06-11-09 at 11:01 PM.
#49
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you can make the sc300 way faster than the ls460 regardless of the ls460's better engine because of the aftermarket for the sc.
and live within your means buddy, just isnt practical to break yourself financially trying to afford a car you realistically cant afford. not to burst your bubble, but think about it. just doesnt make sense to buy the ls.
and live within your means buddy, just isnt practical to break yourself financially trying to afford a car you realistically cant afford. not to burst your bubble, but think about it. just doesnt make sense to buy the ls.
#50
Lexus Champion
iTrader: (5)
keep the money saved or invest it.
25k in the stock market, when its in a recession, at age 22 would be a nice retirement when your 45 lol.
If spend all your money on a brand new LS460 what will you have in 10 years? 25k at the most? and 1000$ a month wasted on car payments that could have been used in a MUCH better way(i.e. Saving?) The ONLY big, expensive thing you should spend money on right now in your life is something that APPRECIATES like a house.
25k in the stock market, when its in a recession, at age 22 would be a nice retirement when your 45 lol.
If spend all your money on a brand new LS460 what will you have in 10 years? 25k at the most? and 1000$ a month wasted on car payments that could have been used in a MUCH better way(i.e. Saving?) The ONLY big, expensive thing you should spend money on right now in your life is something that APPRECIATES like a house.
Exactly what I said!
I dont know how the OP can compare investing in the stock market now to leaving money on your doorstep. Buying stocks in a recession which have been discounted from their true value is one of the best moves you can make right now, in my opinion.
OP, have you done a cost analysis of what buying the LS would really end up costing you? First lets look at what you'll be paying in interest over the life of the loan. $90k - $20k down, $70k financed over 5 years @ 6% is a $1353.30/month payment. THATS BIGGER THEN MY MORTGAGE!!!! That also means that the $90,000 car is really costing you $101,198. If you look at what that amount of money would do in the stock market over the next five years, its likely $250,000+
But I'm done trying to explian how stupid this would be. At the end of the day its your money. Taking on such debt is something only a stupid kid would do (look at the credit card situation with those under 21).
#52
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You should move to California, 1.3k a month wont even get you a "decent" house.
Its funny, like i said no lending. Now a 19 yr old collage student with no job is declined a credit card. This isnt the america i grew up in.
if you are not going to be anywhere long enough to own a house how are you going to be anywhere long enough to drive a car?
Last edited by Ryeno; 06-13-09 at 02:09 AM.
#53
Lexus Test Driver
Join Date: Nov 2007
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You know what. To everyone in the SC300/400 forum, let's edit our posts to say one of the following:
1.HELL yeah, buy the LS460!
2.That would be balla as hell!!
3.I wish I could get an LS460.
4.LS460 FTW!!
5.LS460>SC300/400........etc.
1.HELL yeah, buy the LS460!
2.That would be balla as hell!!
3.I wish I could get an LS460.
4.LS460 FTW!!
5.LS460>SC300/400........etc.
Last edited by Lex-Fiend; 06-13-09 at 09:15 AM.
#54
IDK if i would agree with that. As it stands we don't have anyone that's really willing to finance and without lending a real recovery isn't going to happen. Not to mention even if we do start recovering, gas will sky rocket crippling the economy.
You should move to California, 1.3k a month wont even get you a "decent" house.
Its funny, like i said no lending. Now a 19 yr old collage student with no job is declined a credit card. This isnt the america i grew up in.
if you are not going to be anywhere long enough to own a house how are you going to be anywhere long enough to drive a car?
You should move to California, 1.3k a month wont even get you a "decent" house.
Its funny, like i said no lending. Now a 19 yr old collage student with no job is declined a credit card. This isnt the america i grew up in.
if you are not going to be anywhere long enough to own a house how are you going to be anywhere long enough to drive a car?
#56
Lead Lap
1. HELL yeah, but a HOUSE!
2. A house would be balla as hell!!
3. I wish I could get a house.
4. House FTW!!!
5. House AND SC300/400>just an LS460....
#57
Lexus Test Driver
Join Date: Jan 2009
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#58
Why don't you just wait untill your a Colonel and be a REAL baller when you can actually really afford a 460L like my uncle did otherwise you are like these other cats that live with their moms driving a hummer on 30's. New cars are not a wise investment, that same 460L you buy for 80k will be worth about 35k in 4 years. Never buy new cars, rule of thumb is to buy cars off of leases when the original owner foolishly absorbs a great deal of the depreciation.
With that being said, mod the 300 clean and tight, VIP.
With that being said, mod the 300 clean and tight, VIP.
#59
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#60
Instructor
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Trust me have a house is more baller than a nice car that's burning a hole in your wallet.
Plus, isn't it nice just to have a place to your own where u can bring your friends without your mommy trying to bring y'all punch and cookies?
If you buy a house, over 10 years you make alot of money. When you buy a nice car over 10 years, you are throwing 60K or more down the drain basically.
Plus, isn't it nice just to have a place to your own where u can bring your friends without your mommy trying to bring y'all punch and cookies?
If you buy a house, over 10 years you make alot of money. When you buy a nice car over 10 years, you are throwing 60K or more down the drain basically.