I am all out of reps, I am so lost without them.
I know you were right believing for so long.
I am all out of reps, I am so lost without them.
I know you were right believing for so long.
I think it's wrong. You and me are lost. And, if we're lost, we are lost together.This quote is hidden because you are ignoring this member. Show Quote
Wanna go half on a used F12 Berlinetta?
I did not leave you any negative rep. I don't give people negative rep.This quote is hidden because you are ignoring this member. Show Quote
You're on a next level of uptight that is pretty insane. Relax.
And a statement I can't justify? I go walk in a neighborhood where all the houses have a market value of $500k (normal average houses in average communities) and I see many cars owned by different people with different lifestyles and many of them are worth around $10k. Some a bit more, some less. Common sense stuff that most people can observe daily.
Last edited by Disoblige; 09-01-2020 at 08:58 PM.
Just need to keep everything in balanceThis quote is hidden because you are ignoring this member. Show Quote
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
I noticed he was complaining about someone else he assumed was you giving him neg Rep and I hadn't been keeping up with this thread. I knew I needed to spread some Rep around, so I decided to neg Rep and that apparently dragged him down to Red bar status!This quote is hidden because you are ignoring this member. Show Quote
Now I kind of feel bad even though it was a rather fiery resurrection to crawl up your ass after years of silence.
But, it is the way.
Less than 1.5% here but then both of our vehicles are over 16 years old, we really haven't felt the need to have fancy or newer vehicles plus I can fix a lot of shit on our older vehicles which I don't mind doing.This quote is hidden because you are ignoring this member. Show Quote
Oh man - this thread got derailed big time. Been super busy so haven't had a chance to reply but I've read through all the responses. I wanna thank everyone for their input and in fact the ones with actual, constrictive advise/opinion in regards to the topic. Also, for the people that PM'ed, I will get back to you in due course - things have just been a bit hectic with a couple of trials coming up so haven't had a chance.
As a general note though, I definitely agree with the ones that have said it's not something that's going to be easy and straightforward and in fact I do see the point in people saying you can't half-ass something like this and it's either all-in or nothing. This was more so wishful thinking at this point and essentially a small thought in the back of my mind and has been so for several years already. And for all we know will remain the same forever but who knows. In this modern day and age though, I think all will agree that one income stream simply does not cut it for most and I am always keeping my options open in that regard. That's how I get into real estate and land development but as my luck would have it the oil crash and COVID all had to happen before I could actually take-off and do something with it.
And co-relation to the size of houses vs cars - I can't say there is any empirical evidence as such and it's mostly going to be something that's going to vary case by case. Hell there's a house by our area, which I'd say is worth perhaps around 1.2 -1.3 mil mark and I see a R8, F430, Gallardo and a RR parked outside it (thought could be friends/family), another likely worth around 1.5 has a 911 Turbo, AMG GTS, X6M, M3 and a modified RX8. And there are houses that are worth 5-6 mil close by as well and I don't see anything spectacular outside there. Though, with their massive ass driveways, I am sure things could be very different in the garage. I did see a bright green Aventador SV outside one of these a while back. Anyway, more expensive house is just that and not everyone deems it appropriate to drop significant amount of moolah on depreciating assets like cars even if they have the means.
This is a very disappointing split. I got my hopes up for nothing.
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
Same here.This quote is hidden because you are ignoring this member. Show Quote
Back to the original post, if one wants to place themselves in the mentality of a homeowner, they might find more success if they first figure out how to even become a homeowner.
Constrictive advise for the win!This quote is hidden because you are ignoring this member. Show Quote
I guess if I were to add up the current market value of the vehicles in the house it would shake out to about 11%? Do I get a cookie now?
"Masked Bandit is a gateway drug for frugal spending." - Unknown303
Way too many grammar Nazis up in this bitch yo.This quote is hidden because you are ignoring this member. Show Quote
No, why aren't you buying a lambo? You can obviously afford it if you have a $500k house.This quote is hidden because you are ignoring this member. Show Quote
Why do you assuming I don't have a Lambo?This quote is hidden because you are ignoring this member. Show Quote
"Masked Bandit is a gateway drug for frugal spending." - Unknown303
100k$ mustang, 50k$ trailer. Only way to live life.
This.This quote is hidden because you are ignoring this member. Show Quote
Not everyone treat cars the same. Some of my neighbors are fine with 20 year old Maxima. Some are driving R8s and 458s. It's personal. I don't see why people care what other people should and shouldn't do.
Pls hurry up and purchase a trackhawkThis quote is hidden because you are ignoring this member. Show Quote
Are we using the city assessed value? And are we including things like travel trailers in the calculation?
See Crank. See Crank Walk. Walk Crank Walk.
I'm pretty sure cars depreciate far more and far quicker than houses (which generally fluctuate up and down) so it makes sense that any car more than 3 years old is valued at a much lower percentage of house value than a new car. Catch somebody at the point of purchase of a new car and the percentage will be much higher. Most people don't change cars every few years, more like 5 to 10 years, so average age is ~5 years old and average car value is <50% of new.
The average used car price is under $20,000 (https://www.theglobeandmail.com/driv...it-could-cost/) so it makes sense that the average car, parked at the average house ($443,000, see https://www.cbc.ca/news/canada/calga...cmhc-1.5625344) is a small percentage of house value. This isn't rocket science.