|
|
Re: Never Have Another Car Payment!
02-09-2006, 06:29 PM
|
#41
|
Thinks s/he gets paid by the post
Join Date: Dec 2005
Posts: 1,228
|
Re: Never Have Another Car Payment!
I remember when I was a youngster and thought I'd discovered a way to make a perpetual motion machine.* It was so simple I couldn't believe nobody had thought of it.* Just attach the shaft of an electric motor to the shaft of an electric generator.* And connect the wires.* So the electricity of the generator drives the motor, and the rotation of the motor drives the generator to produce electricity.
I thought it was the greatest idea but didn't have the ability to actually test it out until a few years later.* *Then I realized that friction and the less than 100% efficiency would make it fail.
So I can identify with scoopsteve... he just doesn't see the frictional depreciation and transactional costs involved in his "perpetual car machine".* *
|
|
|
|
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
Re: Never Have Another Car Payment!
02-23-2006, 10:26 AM
|
#42
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Posts: 17,239
|
Re: Never Have Another Car Payment!
Scoop....
It has been a few weeks... I was wondering what you traded up to?
|
|
|
Re: Never Have Another Car Payment!
02-23-2006, 10:33 AM
|
#43
|
Moderator Emeritus
Join Date: Feb 2004
Location: minnesota
Posts: 13,228
|
Re: Never Have Another Car Payment!
__________________
.
No more lawyer stuff, no more political stuff, so no more CYA
|
|
|
Re: Never Have Another Car Payment!
02-23-2006, 10:34 AM
|
#44
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
|
Re: Never Have Another Car Payment!
Tough crowd... :P
__________________
Have Funds, Will Retire
...not doing anything of true substance...
|
|
|
Re: Never Have Another Car Payment!
02-23-2006, 10:41 AM
|
#45
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
|
Re: Never Have Another Car Payment!
I know...." HEEEEEEEEEEEEEEEE HAWWWWWWWWWWWWWWWW"
Bet the dealer even threw in an old saddle and a piece of rope.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
|
|
|
Re: Never Have Another Car Payment!
02-23-2006, 11:23 AM
|
#46
|
Recycles dryer sheets
Join Date: Oct 2005
Posts: 325
|
Re: Never Have Another Car Payment!
Quote:
Originally Posted by justin
Good thing you've got a couple million in the bank to pay for the maintenance on that sucker
|
Na, new BMWs come with 4 year, 50,000 mile bumper to bumper warranty. Brakes, Oil Changes, basically everything except tires.
I've not spent one cent on maintenance on the new 330xi I bought in 2003.
|
|
|
Re: Never Have Another Car Payment!
02-23-2006, 12:43 PM
|
#47
|
Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 4,005
|
Re: Never Have Another Car Payment!
Quote:
Originally Posted by CybrMike
Na, new BMWs come with 4 year, 50,000 mile bumper to bumper warranty. Brakes, Oil Changes, basically everything except tires.
I've not spent one cent on maintenance on the new 330xi I bought in 2003.
|
Hope you knocked on wood! That 4 year warranty is about up.
I heard my local BMW dealer up the street advertising free routine maintenance for 4 years (maybe 7, don't remember). Is this the standard BMW deal - 4 year warranty and free routine maintenance during the warranty period?
|
|
|
Re: Never Have Another Car Payment!
Re: Never Have Another Car Payment!
02-23-2006, 02:34 PM
|
#49
|
Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,860
|
Re: Never Have Another Car Payment!
I'm pretty sure I saw that one up on the North Shore last week...
__________________
*
Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
|
|
|
Re: Never Have Another Car Payment!
02-23-2006, 08:52 PM
|
#50
|
Recycles dryer sheets
Join Date: Oct 2005
Posts: 325
|
Re: Never Have Another Car Payment!
Quote:
Originally Posted by justin
Hope you knocked on wood!* That 4 year warranty is about up.*
I heard my local BMW dealer up the street advertising free routine maintenance for 4 years (maybe 7, don't remember).* Is this the standard BMW deal - 4 year warranty and free routine maintenance during the warranty period?
|
standard with a new car. No worries about the warranty running out, as I'll probably get a new one in june. 3 series doesnt have a big enough back seat for kids, gotta move to the more spacious 5 series.
|
|
|
Re: Never Have Another Car Payment!
02-23-2006, 09:12 PM
|
#51
|
Full time employment: Posting here.
Join Date: Feb 2006
Posts: 784
|
Re: Never Have Another Car Payment!
Quote:
Originally Posted by TromboneAl
[pic]
|
Hey, where'd you find that! Have you hacked into my computer?.....
|
|
|
Re: Never Have Another Car Payment!
02-24-2006, 06:18 AM
|
#52
|
Recycles dryer sheets
Join Date: Feb 2006
Posts: 152
|
Re: Never Have Another Car Payment!
TromboneAL,
I owned a Mini like that one.* Drove it for quite a few years. It wasn't my first car, but I have never loved a car as much as that one before or since.* A strong argument can be made that it is one of the most important automobile designs in history.
Non
|
|
|
Re: Never Have Another Car Payment!
02-24-2006, 02:46 PM
|
#53
|
Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,860
|
Re: Never Have Another Car Payment!
Quote:
Originally Posted by Non sequitur
A strong argument can be made that it is one of the most important automobile designs in history.
|
Even more important than the Yugo?!?
__________________
*
Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
|
|
|
Re: Never Have Another Car Payment!
02-24-2006, 04:22 PM
|
#54
|
Recycles dryer sheets
Join Date: Jan 2006
Posts: 77
|
Re: Never Have Another Car Payment!
And now the rest of the story. I believe he forgot to tell us he left the dealer with tires spinning and guns a blazing
|
|
|
Re: Never Have Another Car Payment!
02-24-2006, 07:10 PM
|
#55
|
Recycles dryer sheets
Join Date: Feb 2006
Posts: 152
|
Re: Never Have Another Car Payment!
This link will provide a little enlightenment on the importance of the Mini.
http://www.autonews.com/files/euroau.../issigonis.htm
|
|
|
Re: Never Have Another Car Payment!
02-24-2006, 07:13 PM
|
#56
|
Recycles dryer sheets
Join Date: Feb 2006
Posts: 152
|
Re: Never Have Another Car Payment!
|
|
|
Re: Never Have Another Car Payment!
02-25-2006, 08:11 AM
|
#57
|
Full time employment: Posting here.
Join Date: Dec 2004
Posts: 714
|
Re: Never Have Another Car Payment!
Quote:
When I first came to the US I would go to the public car auctions or if I could get a dealer friend to get me into the dealer auctions, I would buy a car or pickup truck only if I got a good deal. I would then drive it for about a year, in most cases about eight months. I kept an eye in the papers for what my car or truck was selling for. I always sold the car or truck for at least $700 more than what I had in it in most cases I would shoot for a $1,000.00 above my cost.
I looked for cars that people needed and would be easy to sell (most four door cars) my price range was around $2500 to $3500 and selling for $3500 to $4500. I did this for about four years and got tired of the* hassle.
|
PJ03, no question ... this can work.* As a matter of fact, it works because you're effectively a dealer.* You're clearly buying at wholesale, and selling at a quasi retail (consumer to consumer prices seem to trend between blue book wholesale / retail).* Yes, I agree ... it is a hassle.* The car business takes effort, and thus provides a service.
Another approach to this that can be fun, if you don't have to put too many miles on a car.* Buy a classic car, drive it for a year and sell it.* Same or better result.* And, you get to drive a unique set of wheels.
If you buy a car very right, don't put too many miles or too much time on it, yes ... you can resell the car at break even or a little profit.
But trading cars into dealers over and over again?* Nah.* I don't get that concept at all.
|
|
|
Re: Never Have Another Car Payment!
02-25-2006, 11:08 AM
|
#58
|
Full time employment: Posting here.
Join Date: Feb 2006
Posts: 569
|
Re: Never Have Another Car Payment!
Headlines today, in Califortnia, a guy driving a RARE Ferrari, one of only 400 made and valued at over $1,000,000, lost control and totalled it.
He was road racing a Mercedes.
|
|
|
Re: Never Have Another Car Payment!
02-25-2006, 12:15 PM
|
#59
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
|
Re: Never Have Another Car Payment!
And another guy had one fly backwards out a window when he and his high school friend were trying to run the odometer backwards so the kids dad wouldnt know they'd been driving around in his car all day!
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
|
|
|
Re: Never Have Another Car Payment!
02-27-2006, 12:20 PM
|
#60
|
Full time employment: Posting here.
Join Date: Mar 2004
Posts: 688
|
Re: Never Have Another Car Payment!
Quote:
Originally Posted by Cute n Fuzzy Bun'ny
And another guy had one fly backwards out a window when he and his high school friend were trying to run the odometer backwards so the kids dad wouldnt know they'd been driving around in his car all day!
|
Bet Cameron's dad was pissed about that.
__________________
Diggin' my way to financial freedom, one buck-at-a-time
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Thread Tools |
|
Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|