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-   -   lexus is250 vs hoopty (http://archives2.twoplustwo.com/showthread.php?t=398002)

THATWACOKID 12-14-2005 12:37 AM

lexus is250 vs hoopty
 
ok so i'm a 19 year old student and i've made some money playing poker in the past year. i want to buy an is250 fully loaded which would be about 40k-44k. when i told my dad that i want a lexus he flipped the [censored] out. he goes on about how bad of an investment it is compared to me buying a 20k car. he assumes it will be a 30k lexus and says that if i take the 10k i would be 'saving' and put that in a savings account i would have 300k 30 years down the road.

i will obviously lose a little bit more money with the lexus, but how approximately how much more would i lose considering the following:

-higher insurance
-resale value (not sure if the fully loaded hurts/helps)
-other factors i'm not aware of that will effect this

Claunchy 12-14-2005 12:44 AM

Re: lexus is250 vs hoopty
 
Cars are a massive waste of money. Of course it would be a lot smarter to buy a cheaper car that will work just as well and save or invest the rest of the money.

That said, the IS 250 is a badass car, so get it.

nothumb 12-14-2005 12:48 AM

Re: lexus is250 vs hoopty
 
Your dad is right. You can get a sweet car for less than 40k that will still pull some tail, and invest the rest.

NT

12-14-2005 12:49 AM

Re: lexus is250 vs hoopty
 
I was gonna say something, and then I went and looked at the IS 250.

Buy it. [censored] your dad.

Voltron87 12-14-2005 12:49 AM

Re: lexus is250 vs hoopty
 
for a 19 yr old to buy a full lexus with poker money, it is very, very expensive and pretty dumb for the vast majority of people. instead of ivesting the money you will put it in an asset which will depreciate and cost a lot of $$$ to maintain, through insurance and repairs (even if you get a better made car like a lexus compared to some of the more unreliable ones, its still a lot of dough)

Tron 12-14-2005 12:52 AM

Re: lexus is250 vs hoopty
 
Uh, $15,000 != Hoopty

tolbiny 12-14-2005 12:57 AM

Re: lexus is250 vs hoopty
 
If your 19 and making that kind of cash your gonna be a douchbag. Your gonna be snotty to your friends, gonna brag to chicks excessively and generally gonna be a douche.
The least you can do is to be a douche with a lexus.

chisness 12-14-2005 12:58 AM

Re: lexus is250 vs hoopty
 
one factor to consider is that once you enter the workforce, this might work against you (someone actually in the workforce could verify this). it would look pretty showy so if you're going for a raise it seems like it would hurt.

nothumb 12-14-2005 12:59 AM

Re: lexus is250 vs hoopty
 
The workforce point is excellent. I think you should buy a classic car and touch it up, or get a bike.

NT

Claunchy 12-14-2005 01:00 AM

Re: lexus is250 vs hoopty
 
chisness - The kid here's an online poker pro! He doesn't care about getting a raise at some square 9 to 5 gig. This car will elevate him to pure baller status.

WACO - You know what you need to do.


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