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  #1  
Old 12-14-2005, 12:37 AM
THATWACOKID THATWACOKID is offline
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Default 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
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  #2  
Old 12-14-2005, 12:44 AM
Claunchy Claunchy is offline
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Default 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.
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  #3  
Old 12-14-2005, 12:48 AM
nothumb nothumb is offline
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Default 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
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  #4  
Old 12-14-2005, 12:49 AM
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Default 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.
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  #5  
Old 12-14-2005, 12:49 AM
Voltron87 Voltron87 is offline
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Default 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)
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  #6  
Old 12-14-2005, 12:52 AM
Tron Tron is offline
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Default Re: lexus is250 vs hoopty

Uh, $15,000 != Hoopty
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  #7  
Old 12-14-2005, 12:57 AM
tolbiny tolbiny is offline
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Default 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.
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  #8  
Old 12-14-2005, 12:58 AM
chisness chisness is offline
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Default 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.
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  #9  
Old 12-14-2005, 12:59 AM
nothumb nothumb is offline
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Default 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
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  #10  
Old 12-14-2005, 01:00 AM
Claunchy Claunchy is offline
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Default 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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