All Topics / Opinionated! / What type of vehicle do you have ??

Viewing 20 posts - 101 through 120 (of 456 total)
  • Profile photo of roborobo
    Member
    @robo
    Join Date: 2003
    Post Count: 155

    Hi Nat,
    It wouldn’t matter how much money some people have they wouldn’t spend it, scared of losing it. I wonder when i hear stories of millionares who drive around in old bombs and dress like ferrils. Life is too short not too enjoy the fruits of your labour. some people think they will live forever. I used to work with a guy who used to boast how he would get 2 years out of a tube of amway toothpaste. I drive the pacific hwy most days and have always had a car under 3 years old because of 2 points you made, safety and reliability. My car has 10 air bags and if i didn’t have a reliable car my business would’t survive. I havn’t had to pay for a car repair except for general services for more than 10 years. I don’t even check the oil and water between services. I agree with you if you are successful in business or investing why wouldn’t you have a good car and write it off.
    Robo

    Profile photo of C2C2
    Participant
    @c2
    Join Date: 2002
    Post Count: 518

    Hi Robo, they may drive old bombs and look like ferrals, but the house looks big and nice with all the mods and cons and those three 2-4 weeks overseas holidays every year is what they prefer. People spend their wealth in many different ways and some people don’t spend a long time in their cars so an expensive car is really a waste for that 10 minute drive to go shopping or pick up the rent.

    C2

    Rich in happiness and money is better than rich in money with no happiness.

    Profile photo of roborobo
    Member
    @robo
    Join Date: 2003
    Post Count: 155

    Point taken C2, personally i wouldn’t want my wife to drive an old bomb to do the shopping with the kids in it.
    Life is too short to be a tight [email protected]#$.
    Robo

    Profile photo of The Wild OneThe Wild One
    Member
    @the-wild-one
    Join Date: 2005
    Post Count: 54

    Hi,
    Yeah good read ‘The Millionare Next Door’. I only got a little over half way through it because it just reinforced what I had alrady known.

    Where I grew up it was the Baker, Butcher and Greencrocer that owned all the shops and most of the land in the area. You would never see them in a suit and they drove utes and vans. Professional type people like Lawers, Real estate agents, Doctors all neaded to look succesful and therefore start to accumulate large amounts of bad debt.

    Does any body remember the formula that Stanly & Thomas came up with to messure if you have accumulated enough net worth for your age in comparison to your income ??

    We have two Magna’s 92 & 95 models both in fair condition and don’t expect to sell them for at least another five years.

    Profile photo of moonymoony
    Member
    @moony
    Join Date: 2005
    Post Count: 10

    I am “the wife” and my husband “let” me drive an old 1990 Tot Camry because TO ME that’s all I need and I am happy with it. I don’t care about car but I do want to look nice so I spend my $$$ on some nice clothes :-). My husband also “let” me give my brother 20K earlier this year to help him through financial difficulty, as i have more satisfaction helping my brother, than driving a nice car. And next month we are going on a 6 weeks overseas trip , we won’t need our cars then :-).

    But if others enjoy the comfort/luxury and the safety feeling of driving a nice/new car with 10 air bags, and willing to pay for it, I respect their choice. I agree life is too short but we don’t have to enjoy it the same way.
    Someone posted that we list our networth against our car. So here it is:
    Car: 1990 Tot Camry
    Net worth: +3M, income is +150 K and we have a very nice house
    :-)

    Regards,

    Profile photo of SoundOfGoldSoundOfGold
    Member
    @soundofgold
    Join Date: 2003
    Post Count: 59

    I am driving around 2002 Holden Barina we bought this January. Great little car for the city, very economical at the pump.

    On the flipside it can get really uncomfy on longer runs and makes me perhaps look like a “girly man” [cap]

    Profile photo of voigtstrvoigtstr
    Member
    @voigtstr
    Join Date: 2005
    Post Count: 176
    Originally posted by C2:

    Nice bike but a little expensive for my taste. What speed have you had it up too? Why the trip to the Lamborghini factory?

    Top speed so far, carrying a pillion, on the east coast of tassie was 180 km/h

    re lamborghini, I’ve loved them since I was a kid, but I wont buy one until I can pay cash for one, and not have the insurance etc slow down the investing. Since I havent actually started investing yet, you could call the lamborghini factory a motivation tool!

    Cheers
    Simon

    More stuff on the voigtstr at http://users.bigpond.net.au/voigtstr

    Profile photo of Badgers_R_UsBadgers_R_Us
    Participant
    @badgers_r_us
    Join Date: 2005
    Post Count: 99

    My car is a customised Pontiac Trans Am called KITT. My name is David Hassle-a-lot. A lone crusader in the dangerous world of property gurus. I am McKnight Rider.

    Profile photo of Mortgage HunterMortgage Hunter
    Participant
    @mortgage-hunter
    Join Date: 2003
    Post Count: 3,781

    That is funny.

    Simon Macks
    Residential and Commercial Finance Broker
    ***NODOC @ 7.15% to 70% LVR***
    [email protected]
    0425 228 985

    Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

    Profile photo of matingaramatingara
    Member
    @matingara
    Join Date: 2005
    Post Count: 3

    I agree this is an interesting discussion.

    We are a three car family. I sold my wife’s previous car to my University-attending daughter for $5000. The list price for it was $14000. It is a 1999 Ford Laser Hatchback.

    My wife has a 2004 Toyota RAV4 Cruiser.

    I have a 2002 Mitsubishi “jazzed-up” Magna V-RX.

    The latter two cars were on novated lease through my employer. I am restructuring that deal now as I want to keep my V-RX longer cos it is just the sexiest car. And it goes. And it SOUNDS like a sports car.

    We have no investment properties yet because we decided to buy a property that we really could not afford in the year 2000.

    The upshot of this is that we now have a whole lot more equity than we would have had if we had stayed in the house we could have afforded.

    Now – we are ready to look for IP’s.

    :)

    Profile photo of landt64landt64
    Participant
    @landt64
    Join Date: 2004
    Post Count: 166

    Hi all,
    this is a very interesting discussion. After buying our second IP this year, my husband and I decided that we should have nice things for ourselves while we’re still young enough at 42 to enjoy them. We went out yesterday and snapped up a 3 year old Subaru Outback Luxury car, and should be able to pick it up tomorrow. As others have pointed out, with young children, safety is a big decider. We also decided that instead of buying another IP this year, we’ll renovate our house. Again, it just went back to having nice things while we can still enjoy them. Give us another 18 months and we’ll be back to investing.
    Landt

    Profile photo of KDTKDT
    Member
    @kdt
    Join Date: 2004
    Post Count: 30

    Hi,
    I’ve just bought myself an 89 EA fairmont wagon. Spent up big and paid $400 for it. Dual fuel the lot. Cant stand paying big money for cars given the way they devalue so quickly. Just gotta learn to find properties like this LOL
    Phil

    Profile photo of wealth4life.comwealth4life.com
    Member
    @wealth4life.com
    Join Date: 2003
    Post Count: 1,248

    I have a SL500 merc with a computer chip that boosts it to 285kw midnight blue with grey leather, my wife has a 320 merc wagon with 18inch amg wheels, very sexy – my wife of course.

    Nothing like having a star on your bnet

    resi

    Profile photo of destined_for_millionsdestined_for_millions
    Member
    @destined_for_millions
    Join Date: 2004
    Post Count: 38

    My girlfriend and i have a car each… I’ve got a 2004 Holden VZ SV6, Bought it through work and saved over $10,000 off new price. My girlfriend has an ’86 Ford Telstar TX5 GHIA (it’s got air, power windows, the works!) with over 300,000 clicks.

    On another note, we are getting a $60,000 payout from the sale of a house that’s going to knock nearly 20 years off the home loan. WOO HOO! Investment properties here we come.

    Profile photo of iainmacciainmacc
    Participant
    @iainmacc
    Join Date: 2005
    Post Count: 1

    Well I own a 1977 kombi that I recently drove down from QLD and it didn’t miss a beat.. I have no plans to sell it, its too cool……

    cheers iainmacc

    Profile photo of kenkoh2000kenkoh2000
    Member
    @kenkoh2000
    Join Date: 2003
    Post Count: 103

    Dear All,

    1. It’s interesting thread with very interesting replies to date.

    2. Many members seem to just need a car to travel around while a few “select” members chose to have near-new cars to enjoy.

    3. I am indeed pleasantly surprised that no member has come forward to say that they own or personally desire expensive toys, similar to red Porsche car reportedly driven/owned by Peter Spann, as advertised on the front cover page in one of his books.

    4. As for myself, I do not own any car in AUSTRALIA yet, at this point in time, though I am presently thinking about it from time to time.

    5. I only rent a car to drive occssionally on those days or for a week or 2 when I need to, while in Australia.

    6. For safety and personal comfort reasons, I would normally rent-drive a family saloon car like the Toyota Camry family saloon car, around in Perth and its regional areas.

    7. However, I used to rent-drive mainly Mitsubishi Magna cars around in the Goldcoast/Brisbane area in the past until one day I was given a Commodore Holden car at the last minute last year.

    8. I’ve not yet rent-drive a car in Melbourne and Sydney to date.

    9. For your kind update, please.

    10. Thank you.

    regards,
    Kenneth KOH

    Profile photo of Cabo WaboCabo Wabo
    Participant
    @cabo-wabo
    Join Date: 2005
    Post Count: 117

    I drive a green 79 HZ Premier with a 308 n a black vinyl roof. I’ve had it for 8 years, its real tidy n i love it. I know every nut n bolt, & I’ll drive it for many years yet. I doubt i’d ever buy a factory new car.

    Cabo Wabo

    Profile photo of GBLGBL
    Member
    @gbl
    Join Date: 2005
    Post Count: 6

    Hi,

    Big family here!

    Wife, myself, and 5 kids (all boys except four!)

    ’97 Falcon Sapphire wagon with extra seat making it an 8 seater. Fabulous for holidays etc.

    ’03 Mitsubishi Mirage.

    ’84 Mitsubishi Colt.

    Greetings from Newcastle, NSW.

    Regards,

    Grahame

    Profile photo of brahmsbrahms
    Participant
    @brahms
    Join Date: 2004
    Post Count: 485

    from GBL
    (all boys except four!)

    he he – nice work! bet u can’t wait till they r all teenagers! (that is, if they already r not)

    cheers

    brahms
    Purveyor of Fine Finances
    aka Mortgage Broker Brisbane

    Profile photo of GBLGBL
    Member
    @gbl
    Join Date: 2005
    Post Count: 6

    Reply to Brahms and anyone else!

    Girl 24

    Girl 22

    Girl 20

    Boy 17

    Girl 13

    All still living at home. Eldest 2 have own cars (’03 Mitsubishi Lancer and ’05 Holden Barina)

    I thank God they are all wonderful Kids.

    Regards to all,

    Grahame

Viewing 20 posts - 101 through 120 (of 456 total)

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