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-   -   car vs a mortgage (https://www.revscene.net/forums/630738-car-vs-mortgage.html)

Nightwalker 11-19-2010 08:38 PM

Just because you have 60k in the bank, doesn't mean you're the one that saved it up or earned it...

you! 11-19-2010 08:44 PM

hookers and bjs

CRAZY VATO 11-19-2010 08:45 PM

hey
 
But the mercedes will get the girls.

kokanee_vtec 11-19-2010 08:48 PM

put a $60,000 down payment on a Veyron and take out a $1000000 loan to pay off.

LiquidTurbo 11-19-2010 09:01 PM

Quote:

Originally Posted by mr85 (Post 7194116)
I have around 60 G's in the bank and im making around 3500-4K per month.


Since im still relatively young, im thinking of putting all my money into a mercedes e350 coupe while i still live at home. Is this a good idea?

or would it be better to use the money for down payment on a house/condo and do a mortgage? what would be the better choice? :D

Troll.

geeknerd 11-19-2010 09:33 PM

living at home is the best. if i had 60k, relatively young >24, make 4k each month, live wiith parents for free, i wouldnt mind buying a 60k car.

nack 11-19-2010 09:44 PM

how about you give me some of that money, and I'll "ahem" ship you a Lexus ISF?

be warned, it comes with a helluva tranny

:troll:

hotjoint 11-19-2010 09:53 PM

troll

TomBox_N 11-19-2010 11:25 PM

The upkeep of a e class is not cheap either. Gas + insurance can drive up ur monthly expense pretty quickly
Posted via RS Mobile

mr_chin 11-19-2010 11:27 PM

sounds like you're in your early 20's.

nice expensive car will only get you the "ooh" and "wow" before a nicer model comes out.

you're probably too young for a mortgage. unless you want to buy you and your parents a nicer home.

i suggest you buy a cheap car if you need to get around and put the rest into an investment, mutual funds, tfsa, or learn to play the stockmarket. buy 1000 rbc shares and collect dividends every 3 months.

StylinRed 11-19-2010 11:59 PM

lease a e350

and put a down payment or two in a couple of apartments and rent em out

winson604 11-20-2010 12:07 AM

I'm not against you spending money on buying a car but I think blowing all of your 60k on a car is dumb. If you do decide to buy a 60K car or some other car my advice at the very least would be to drive that shit into the ground. Don't be one of those idiots who buy a car, drive it for a while sell it and lose a bunch of money on it then buy another one and repeat.

If you truly make 3500-4k a month then good for you but shiets ballin in Vancouver now and if I had that much money whether it be now (i'm 28) or when I was younger I would invest a chunk of it for sure whether it be renting our property, even just sticking that shiet into RRSP as long as I'm not blowing all of it on a toy I'm happy.

achiam 11-20-2010 12:27 AM

Quote:

Originally Posted by mr85 (Post 7194116)
I have around 60 G's in the bank and im making around 3500-4K per month.


Since im still relatively young, im thinking of putting all my money into a mercedes e350 coupe while i still live at home. Is this a good idea?

or would it be better to use the money for down payment on a house/condo and do a mortgage? what would be the better choice? :D

Neither! If you're gonna go big, go ALL IN. I say screw the E350 coupe and wait for the E63 cabriolet!

MindBomber 11-20-2010 01:02 AM

I'm surprised no ones thrown this out, so I will.

Buying a new car is idiotic, the value is cut in half within 2 years.

Slifer 11-20-2010 09:47 AM

You are so dumb, you are really dumb, fo real..

Not really racist! 11-20-2010 09:51 AM

OP, this would be a good time to befriend Diesel_test.

Jegz 11-20-2010 10:21 AM

Or you can donate to RS, and all the people who replied in this thread can split it.

flagella 11-20-2010 11:42 AM

lol troll

darkfroggy 11-20-2010 01:31 PM

Sir, you fail at life.

donjalapeno 11-20-2010 01:46 PM

buy a e350 with the cash saved and then LEASE another e350, so you can have 2 e350's. Two is better than one

The_AK 11-20-2010 03:09 PM

Think of it this way:
Would you rather sleep in a home or sleep in a car? ;)

terkan 11-20-2010 04:44 PM

Quote:

Originally Posted by geeknerd (Post 7194345)
living at home is the best. if i had 60k, relatively young >24, make 4k each month, live wiith parents for free, i wouldnt mind buying a 60k car.

And this is why you don't have 60k.
Posted via RS Mobile

Meowjin 11-20-2010 04:56 PM

why are people giving this serious replies
Posted via RS Mobile

mmmk 11-20-2010 05:40 PM

Don't listen to anyone else on this thread, they don't know what they're talking about.

ADVICE: Contact Anthony Espinosa and he'll help arrange the purchase of a brand new E350 for you, cheap!

Nightwalker 11-20-2010 05:41 PM

Quote:

Originally Posted by MajinHurricane (Post 7195371)
why are people giving this serious replies
Posted via RS Mobile

eh, why not


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