Ballin Calgary style

[Nitro5]

Was at the auto mall and decided to check out the Bentley store. Outside was a coupe with a sticker of $230k, but I had to laugh at the details on it.

It stated that you own the car for only $150k down and $2100 a month for 72 months :nut:

Who would finance a Bentley? And for 72 months for over $80k in interest?

Guess dropping the down payment on a M5 with money left over isn't elite enough to keep up with the Jones these days.

[ercchry]

money is cheap, if you got that kind of coin chances are you have better uses for it than sitting in a depreciating asset...

[Redlyne_mr2]

Originally posted by Nitro5
Was at the auto mall and decided to check out the Bentley store. Outside was a coupe with a sticker of $230k, but I had to laugh at the details on it.

It stated that you own the car for only $150k down and $2100 a month for 72 months :nut:

Who would finance a Bentley? And for 72 months for over $80k in interest?

Guess dropping the down payment on a M5 with money left over isn't elite enough to keep up with the Jones these days.

IIRC correctly Bentley uses VW finance. You could get a 0.9 - 2.9% rate. Even if I had the 230K cash to buy the car I would still finance it, your ROI on that cash is going to be much higher than the 0.9 to 2.9% that it costs you to borrow.

[max_boost]

I am curious do most pay cash? or they just toss it on the heloc etc.

[ercchry]

Originally posted by max_boost
I am curious do most pay cash? or they just toss it on the heloc etc.

company car... lease if possible

BUT running those above numbers... its not adding up, $230k-$150k=$80k financed, over 6 years for $2100 a month is like 25% interest... that cant be right

im betting its the inverse... cause that would be ~0.9%

[ramminghard]

Boats are a much better investment...

[JPB]

Originally posted by ramminghard
Boats are a much better investment...

wow, cool quarter million for a boat. I can't imagine who would fall for that.

[Skidro]

Over 240 months!!! Holy smokes

[Nitro5]

Originally posted by ercchry


company car... lease if possible

BUT running those above numbers... its not adding up, $230k-$150k=$80k financed, over 6 years for $2100 a month is like 25% interest... that cant be right

im betting its the inverse... cause that would be ~0.9%

I believe it was 5.99% financing.

Using a financing calculator it makes sense if the list price is 280,000 I must have mistaken the 8 for a 3.

[Xtrema]

Number must work for someone. Like AHS exec or crooked fund managers.

[sputnik]

Originally posted by Nitro5


I believe it was 5.99% financing.

Using a financing calculator it makes sense if the list price is 280,000 I must have mistaken the 8 for a 3.

The cash price for the XSTAR in the US is about $140k USD.

[ercchry]

Originally posted by sputnik


The cash price for the XSTAR in the US is about $140k USD.

I believe this thread was about a Bentley... but its beyond... so could be about a boat :rofl:

[ToXicXxX]

Canadian Tire makes boats now?

[Fly Fishin']

When I worked there the Bentleys were 65% company owned bust the Aston's were personal toys.

[flipstah]

Is it the Flying Star? I could see it as part of the executive fleet.

[JRSC00LUDE]

Originally posted by JPB


wow, cool quarter million for a boat. I can't imagine who would fall for that.

My buddy is at Martin Motorsports and was at the boat show there, it amazes me how many high end boats they turn over! Me, I could never justify it but I know a few guys with boats that retail in the mid 100k's. It's insane. It wouldn't shock me a bit if they sell a few of those.

[JRSC00LUDE]

On topic - I'd take that boat over the Bentley anyday!

[ToXicXxX]

When I was in Scottsdale AZ during christmas they had a "sale" at the Bentley there... $40k off the top on all new.

[Cos]

.

[Fly Fishin']

Come on guys they had a Brookland for like 28k a few years ago lol we can all afford one

[Skidro]

Over 240 months!!! Holy smokes

[Twin_Cam_Turbo]

Haha $312k almost for a boat.

That's almost identical to my mortgage payment.

[dino_martini]

Originally posted by ramminghard
Boats are a much better investment...

Two best days in a boat owners life:
1 - the day he buys it
2 - the day he sells it

[Nismorphed]

600 bi weekly and 4 months a year you could use it lol

[Black Gts]

If you lived on a freaking Lake!!!

[sputnik]

Originally posted by dino_martini


Two best days in a boat owners life:
1 - the day he buys it
2 - the day he sells it

A boat is a hole in the water you throw money into.

[ap2s2k]

if you're bastardchild all your cars get repossessed in 1 day :rofl:

[civic_stylez]

Originally posted by ap2s2k
if you're bastardchild all your cars get repossessed in 1 day :rofl:

elaborate please?