My parents LOANED me money for my first car...

They could have easily just given me the car as a gift but they felt it was a valuable lesson to teach the value of money and debt repayment.

I think a lot of powered by parents never really learn these values.

A couple of my cousins were given brand new vehicles by their parents, and in both cases their vehicles were written off within 3 years by their own stupidity and carelessness. "Oh well daddy will buy me a new one" was the mentality.

And I think this is the biggest problem that a lot of us (I know I do) have with those types of people. I understand that some kids are lucky enough to be able to get these kinds of things from their parents--in fact, my first car was a gift from my grandpa (1991 Nissan Stanza, but by damn it WORKED!). I think the big problem is that those types of people just have never faced money or budget issues in the same ways those of us not born to rich parents have.


Majin has it right, it is easier when you've got rich parents. You don't always need to work through highschool or University in order to pay rent or buy food; that time saved means you have more time to study or work towards scholarships, reducing your personal costs of schooling. Higher achievement results in better job potential upon graduation.

It's a giant semi-perpetuating cycle. It is, of course, possible to break the cycle. But that's not to say it's easy. And it's that lack of empathy that's probably the most annoying thing about PbP people. That inability to understand WHY it's not actually possible to do what they do, or in the way they do it.

+1

Its not about the car someone drives, its about the person who drives it ;)

why would they? give me a reason


crash one, NEXTTTTTTTTT

so dad...what am i getting this time? i guess i need 8 piston calipers instead of 6, hence why last time i total the last one

i don't have a problem with powered by parents as long as the kid doesn't act like hot shit.

you're not rich, your parents are. YOU personally have no money.

I had a friend who was driving Pontiac then it crashed so mommy bought a Honda Accord, then again he crashed it, now he is equip with BMW 3-series.

Maybe the car he drives is not the most expensive car out there... but still ...3 cars is probably worth $100K

He doesnt appreciate at all

no its because my dad died in a motorcycle accident when i was 12, leaving my mom with very little educational background to raise me and my sister, in a foreign land (canada) where she can't even speak the language (CHINGLISH).

Thus giving me more and more inspiration to work harder so i can buy my kid(s) nice cars in the future

Yeah i hate cocky fuckers like this. You're "lucky" not "rich" cuz the parents have the money not the person. Being spoon fed and not doing shit is the sadest thing in the world. I have sympathy for someone who is spoonfeed and tries their ass off to become something for either themselves or their family.

wow she should have just bought him a tank from the get go. Were the crashes all his fault? not only is he getting a new car but his insurance skyrocketed if they were his fault.

ok guys it doesnt matter.

everything ends in 2012 anyways... ;)

I think it's difficult when you have really young "car enthusiasts" who haven't had the chance to truly appreciate what is given to them by their parents. Then they boast at or insult other car enthusiasts who either work hard or appreciate what their parents have given them. People don't like cocky kids, that's why the drama-llama exists.

Unfortunate.

twice were at his fault, the cars were not written off or serious damaged but
its an ASIAN thing that they bought him a new car, coz asian theory.." New is always better than the ones with accident"

why is it an asian theory ??
isn't it true?

in a way is true... but some cosmetic damaged are not going to affect a car's performance. Here in my friend's case, he had one car with bumper damged but his parent choice to trade in the car and bought a new car instead of repair it.

wow..
how old was the car and dmg cost?

Your friend's parents aren't the smartest parents out there then. Sure they have the money and all, but they are not smart. They should be damn GLAD their son crashed twice and is still alive, should go to the temple and pray the gods or something. Let alone get him a THIRD car. =___=

I bet your friend is taking advantage of this, crash the car, get a better one. Pontiac -> Honda -> BMW -> Porsche???

My dad offered to buy me a brand new RX8, I said no I dont want an RX8, ANd i bought what i wanted instead. after working a while I was finally able to buy the car I always wanted

http://upload.wikimedia.org/wikipedi...odles-2008.jpg

After 8 years of school and thousands of hours hiding in dark libraries, I achieved a prosperous career that would allow me to order LARGE bowls of Pho, without flinching. Occasionally I can even treat myself with iced coffee.

^^^

I have lots of respect for that, because you earned with your tear and sweat, unlike those ungrateful bastards who has their parents buy them a large bowl of pho (with extra beef on the side too!). Last time I went for pho I saw a half finished bowl of pho, ironically enough it was left by those no good parent power kids. My heart filled with jealousy as I think of the thousands of hours achiam has spent in a dark library in order for him to afford his bowl of super yummy hot bowl of pho.

:haha::haha::haha:

Theory is not far from truth... How do I know? When my 7-yr old daughter commented to me last night: "Daddy, how come young chinese people always drive the cars that we see in the commercials? They always have new cars."

you know... those rich kids don't talk like that..

now you might ask me how I would know, and I would reply back I don't know.

Now since I don't know, how would you know in the first place?

hopefully this makes sense to some of you

did you forward your daughter this thread?

Okay I was going to make a thread about this. This is a question I have been thinking about for years.

Why the fuck do rich kids go to University? I swear when I was working a delivery job driving around UBC I see kids with high end BMW, Audi, Mercedes and even better going from and to school. You're not going to land a job out of university right away which will let you live a wealthly life style, so when you already have it all why go to school? to show your parents or friends that you have a degree?

you don't understand my rage!!!!!!!!!!!!!!!
http://static.seekingalpha.com/wp-co...rycustomer.jpg

its still not really an asian thing ...

its more of a immigrant thing ...
ppl that move to here .. usually have a some money back home .. so they come here and they need a car .. so they would buy a nice new car ...