Fat FIRE splurge - Aside from Dream beach homes, World Travel, New Boat/Yacht, did a

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cyber888

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Just curious - I’ve read some people achieving Fat FIRE and splurging on that awesome beach front dream home, or mountain home, lake home, vacation home, luxurious world travel in Europe, new boat/yacht, etc. but have not read any Car enthusiast retirees splurging on a SuperCar.

I suppose this question is really for the Car enthusiast, not for those who view vehicles just as a mode of transport.

I know some Car enthusiast can afford supercars while working, but may not do so because of co-worker envy, co-worker trying to borrow the car, etc. I bought an Audi sports coupe once and my co-workers were pestering me on it, and it wasn’t even a supercar. But once you retire, you dont have that pressure from coworkers wanting to borrow your Lambo. Lol.
 
cyber888 said:
Just curious - I’ve read some people achieving Fat FIRE and splurging on that awesome beach front dream home, or mountain home, lake home, vacation home, luxurious world travel in Europe, new boat/yacht, etc. but have not read any Car enthusiast retirees splurging on a SuperCar.

I suppose this question is really for the Car enthusiast, not for those who view vehicles just as a mode of transport.

I know some Car enthusiast can afford supercars while working, but may not do so because of co-worker envy, co-worker trying to borrow the car, etc. I bought an Audi sports coupe once and my co-workers were pestering me on it, and it wasn’t even a supercar. But once you retire, you dont have that pressure from coworkers wanting to borrow your Lambo. Lol.
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There was a poster here a few months ago who spoke about desires for a supercar - don't remember his name.
As for me, yes the Lambo was always a dream of mine, but alas it just doesn't fit into the retirement budget. DGF says never give up the dream, but driving a Lambo at 70 for example just doesn't work. :LOL:
I am settling for my currently owned BMW Z4 with the M engine. Still have a lot of fun with it. :D
 
We went back and forth about a Porsche for years; it was a dream of Mr. A's. Ultimately, we decided it would be cruel to such a car, to drive it under local travel conditions. There is literally no place around here where you can let it fly. Unless it's one of those after-midnight drag race things, that we used to hear around 2 a.m....haven't heard those in a while, come to think of it.
 
Amethyst said:
There is literally no place around here where you can let it fly. Unless it's one of those after-midnight drag race things, that we used to hear around 2 a.m....haven't heard those in a while, come to think of it.
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Darlin', you just ain't livin in the right part of the country. :D
 
I debated working OMY and buying a new Corvette, since the money differential would've covered the car.

NAW, rather not be working. And I thought I would definitely be treated differently at work if I showed up in a new Vette.
 
Before super cars were called super cars, I had a Aston-Martin DB6 for a few years that would be worth $700,000 today. I do not own a car today but there is a new Aston Martin dealer about 5 blocks from my apartment that I pass by several times a week with three models outside. As of yet I have not had the urge to cross the street and inquire.
 
Amethyst said:
We went back and forth about a Porsche for years; it was a dream of Mr. A's. Ultimately, we decided it would be cruel to such a car, to drive it under local travel conditions. There is literally no place around here where you can let it fly. Unless it's one of those after-midnight drag race things, that we used to hear around 2 a.m....haven't heard those in a while, come to think of it.
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A Porsche is not drag race material. It's too good for that. :cool:
 
Dtail said:
There was a poster here a few months ago who spoke about desires for a supercar - don't remember his name.
As for me, yes the Lambo was always a dream of mine, but alas it just doesn't fit into the retirement budget. DGF says never give up the dream, but driving a Lambo at 70 for example just doesn't work. :LOL:
I am settling for my currently owned BMW Z4 with the M engine. Still have a lot of fun with it. :D
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The other day I passed a gorgeous 370Z on the road when we both pulled up at the light I looked over .The driver had to be about an 80 year old woman .It is never too late for your dream car .
 
Those great, high priced cars seem to me to be very similar to great, high priced wristwatches. People don't buy them because they want the fun of driving them or in order to get more accurate timekeeping.

Spent an afternoon last month walking through the Knightsbridge area of London, and saw at least a couple dozen Bentleys and Rolls-Royces. Their owners aren't ever going to be putting the pedal to the metal (if they even drive them themselves).
 
I really wanted to buy an airplane. After looking at the numbers, I decided to rent instead.
It is so nice to have someone to park it for you, gas it up, and clean the windshield:D
 
Not a huge purchase. I always wanted a Solara convertable. So I bought one. Took a while to get one that only had 60K and was not driven in the winter. But I found one.

That is as much of a car enthusiast as I get.
 
braumeister said:
Spent an afternoon last month walking through the Knightsbridge area of London, and saw at least a couple dozen Bentleys and Rolls-Royces. Their owners aren't ever going to be putting the pedal to the metal (if they even drive them themselves).
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In the area I worked it wasn't uncommon to see a Bentley or Rolls-Royce drive by. They were always being driven at a stately 5 mph under the speed limit. I guess at that price point "hurry" is not in one's vocabulary.
 
I bought a new 2014 Corvette a few years after I retired.
I had wanted one since I was 17 but didn't get it until I was 57.
 
Not really a fat FIRE splurge, but maybe a midlife crisis. I bought a new corvette in 2001 when I was still working. Made for a fun work commute. And I still have fun driving it.
 
My only splurge was the 2nd home, and it was before I retired. Seeing my father in misery at the end of life convinced me I should not wait.

If I did not buy and put that money in the market instead, would have a nice chunk of money now. But the 15 years I enjoyed it would be hard to price.

I stopped caring about cars in my early 30s, ever since I bought that minivan when its genre just appeared on the market. It was to haul my first born. It marked the beginning of a new phase of my life as a family man.
 
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I inherited 1/2 of the family lake house. Then we had to replace our 28 year old boat. Then came the Waverunner for the kid. And I had to buyout my sister's half of the lake house. And next came a fifth wheel RV to replace our 22 year old travel trailer kept in the mountains.

Only then did I get my Jaguar XK8 convertible. But I bought it cheap.
 
Cyber, not sure I understand how a super car is different than any other 'splurge'. DW has another year to go. I've been out of the 9 to 5 for 4 yrs. We've done minor splurges for 20 years in the career. When they feel right and do fit the budget, they are fantastic. In no way is a 2017 fiat spider a super car, but we got one this spring. The fiat doesn't make happiness for us, but it does amplify happiness.



My brother is a big fan of the TV auto auctions. I never payed any attention. After watching a few, there are some really cool cars that can be had (for 10-20k) and played with before turning it back over. Once the kids are off of the car insurance, I will look into another toy Du Jour. Probably, I'll share it with my brother and the nephews and nieces for a little while.



Cheers,


Chris
 
braumeister said:
Those great, high priced cars seem to me to be very similar to great, high priced wristwatches. People don't buy them because they want the fun of driving them or in order to get more accurate timekeeping.

Spent an afternoon last month walking through the Knightsbridge area of London, and saw at least a couple dozen Bentleys and Rolls-Royces. Their owners aren't ever going to be putting the pedal to the metal (if they even drive them themselves).
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Funny how owners of such vehicles in Knightsbridge and Kensington neighborhoods park up on the sidewalks and not one gets a ticket.
 
We bought a 2007 Z4M a few years ago as a fun car. First sports car. Was always frustrated at how boring it was to drive. I decided to turn off the DSC and see how great I was at driving it at its limits. Sold it shortly after that. Too dangerous.

We missed the top down part, so we bought another Z4 last year. But got the smallest engine model and just enjoy driving around with the top down. No desire to push it to its limits.

I still have the urge for an R8 or the new NSX. I live vicariously through my good friend. He started with an AMG sedan, then a Porsche 911 turbo, Lambo and now he has a McLaren. He doesn't baby it but now only uses it to drive to Starbucks on Saturday morning. He enjoys his F250 much more. So no supercar for me. I'd rather rent them at the track day event and get my kicks that way. The Z4 serves our top down cool car needs.

Now we are looking at airplanes and maybe retiring at one of those airport communities. I would love to do angel flights for humans and animals after we retire.
 
Not a super car, but in June we upgraded our Ford Escape to a Mercedes SUV. Had we waited until December, we would probably have deferred the purchase.
 
corn18 said:
We bought a 2007 Z4M a few years ago as a fun car. First sports car. Was always frustrated at how boring it was to drive. I decided to turn off the DSC and see how great I was at driving it at its limits. Sold it shortly after that. Too dangerous.

We missed the top down part, so we bought another Z4 last year. But got the smallest engine model and just enjoy driving around with the top down. No desire to push it to its limits.

I still have the urge for an R8 or the new NSX. I live vicariously through my good friend. He started with an AMG sedan, then a Porsche 911 turbo, Lambo and now he has a McLaren. He doesn't baby it but now only uses it to drive to Starbucks on Saturday morning. He enjoys his F250 much more. So no supercar for me. I'd rather rent them at the track day event and get my kicks that way. The Z4 serves our top down cool car needs.

Now we are looking at airplanes and maybe retiring at one of those airport communities. I would love to do angel flights for humans and animals after we retire.
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Currently have a 2011 Z4 with the M engine at 335hp. I turn off the DSC on local roads and have some fun, plus the engine pops then on acceleration. Always had wanted a Lambo, but like you the Z4 will serve our cool car top down needs.
 
I’m on my fourth Mercedes, a GLE. Fabulous car, love it. Very comfortable, quiet, amazing tech and super safe (on the list of vehicles with zero fatalities). I do a lot of driving on remote country roads in a snowbelt and often in whiteout, icy conditions. A set of Bridgestone Blizzaks and this thing is a tank, never any pucker moments. I can also tow 7,000 lbs and do have a trailer. Zero repairs or issues of any kind just like my last three that were also great vehicles, never let me down.

I lease and annual costs in 2018 including fuel and insurance were 1.7% of my income. I have ordered the upcoming 2020 GLE 450 to replace this one in the spring.

Blow that dough!
 
I have the taste for land while others have that same love for cars. I splurged on land through the years and enjoyed these purchases very much. Sold and always made money doing so. I have one tract now I will never sell and is worth more to me then the money it cost collecting gains.
 
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