did she make a good choice? (MB/Infinity)

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This implies one of two things... either MBs are leased longer (or many times over), or they are junked after the lease is over, more than the average vehicle. The average vehicle lives 10 years in America. I question the veracity of the dealer's statement.
 
I suspect he only meant 86% of all new MBs.

I don't believe that either.

Were the dealers lips moving when he said that?
 
Originally Posted By: XS650
I suspect he only meant 86% of all new MBs.

I don't believe that either.

Were the dealers lips moving when he said that?



XS650 - you are correct. If the lips are moving the lies are coming out.

However - what about this thought - today we live in a society were people spend more than they earn just to have their McMAnsions and expensive cars to satisfy their desires to look more important and wealthier than they really are. Leasing a MB or BMW is the only way they can get these cars due to the payment being lower than a purchase payment.

Just a thought here because I see TONS of people that I know cannot afford these cars driving them. When asked, they usually say its a lease car.
 
Well, my sister who is a retired school teacher just bought a new Mercedes C Class. She could afford the car, paid cash for it, but what she did not look at was what it is going to cost to maintain it at her new Mercedes dealer. They do what is called an A and B service. Both well over $350.00. I read the manual and I get the exact same service on my Honda's for $59.00. But that Mercedes sure looks good in her driveway.
 
Originally Posted By: Kestas
The average vehicle lives 10 years in America.

What a waste. Even counting wrecks, it should be higher. It is amazing the way cars are thrown away in this country.
 
Originally Posted By: 97tbird
LOVCOM:
....They pay same or more than Kmart would. (have several friends who work for walgreens, and they earn betw 120k 130k / year)


97TBird, that kind of money is chump change, and nothing to brag about. Peanuts, actually. I think real money starts are around $200k annually, at the least.

For your friend to make chump change and buy such an expensive car (Mercedes) when MANY cars costing 50% or more LESS are available that are MUCH more reliable are really the way to go. It seems your friend is (1) going for status (very shallow), (2) Does not read ConsumerReports and other sources that prove that MB is not very good and (3) has the dillusion that she will be "missing out" by driving a Camry or Accord.

Your friend and others are a product of the media, and have swallowed the "lie" hook, line and sinker.

And saving for retirement does not have to mean that one goes without during their younger years, if one does it right. Living life to the fullest can be done by one that may never drive a German car costing more then $40k...believe it or not ;-)

Don't buy the dillusions; the lies that Corporate American shoves down our throats...it's all smoke in mirrors ;-)

Tell your friend to grow up, mature, and be more wise with her money....buy Senior Housing Condos; get around 7-10 in the next 10-15 years, and retire early and with $8,000+ in monthly income (in today's dollars)....oh, and for [censored]'s sake get a good investment counselor!
 
Originally Posted By: Johnny
Well, my sister who is a retired school teacher just bought a new Mercedes C Class. She could afford the car, paid cash for it, but what she did not look at was what it is going to cost to maintain it at her new Mercedes dealer. They do what is called an A and B service. Both well over $350.00. I read the manual and I get the exact same service on my Honda's for $59.00. But that Mercedes sure looks good in her driveway.


Your sister worked for many years, very hard, then pissies away that hard earned income on a car that is less reliable then most Chevy's, and whose value will drop like a rock 30 seconds after she inks the contract?

Wow, I thought teachers were smart! :-(

So was the "boost" to her status worth it? Was the "bragging rights" worth it?

Oh well....I guess our economy needs such folks to keep retail-america flowing...better them, then me and my folks ;-)
 
Originally Posted By: lovcom
Originally Posted By: 97tbird
LOVCOM:
....They pay same or more than Kmart would. (have several friends who work for walgreens, and they earn betw 120k 130k / year)


97TBird, that kind of money is chump change, and nothing to brag about. Peanuts, actually. I think real money starts are around $200k annually, at the least.

For your friend to make chump change and buy such an expensive car (Mercedes) when MANY cars costing 50% or more LESS are available that are MUCH more reliable are really the way to go. It seems your friend is (1) going for status (very shallow), (2) Does not read ConsumerReports and other sources that prove that MB is not very good and (3) has the dillusion that she will be "missing out" by driving a Camry or Accord.

Your friend and others are a product of the media, and have swallowed the "lie" hook, line and sinker.

And saving for retirement does not have to mean that one goes without during their younger years, if one does it right. Living life to the fullest can be done by one that may never drive a German car costing more then $40k...believe it or not ;-)

Don't buy the dillusions; the lies that Corporate American shoves down our throats...it's all smoke in mirrors ;-)

Tell your friend to grow up, mature, and be more wise with her money....buy Senior Housing Condos; get around 7-10 in the next 10-15 years, and retire early and with $8,000+ in monthly income (in today's dollars)....oh, and for [censored]'s sake get a good investment counselor!

You live in Orange County, CA. In NC, $120K/year goes a lot farther. In fact, it is enough to live in a nice house, have a nice car, and have plenty left over afterwards.

If you really wanted to be responsible with your money, you would move out of Orange County. You are [censored] away a lot of it just living there.
 
Originally Posted By: 01rangerxl
Originally Posted By: lovcom
Originally Posted By: 97tbird
LOVCOM:
....They pay same or more than Kmart would. (have several friends who work for walgreens, and they earn betw 120k 130k / year)


97TBird, that kind of money is chump change, and nothing to brag about. Peanuts, actually. I think real money starts are around $200k annually, at the least.

For your friend to make chump change and buy such an expensive car (Mercedes) when MANY cars costing 50% or more LESS are available that are MUCH more reliable are really the way to go. It seems your friend is (1) going for status (very shallow), (2) Does not read ConsumerReports and other sources that prove that MB is not very good and (3) has the dillusion that she will be "missing out" by driving a Camry or Accord.

Your friend and others are a product of the media, and have swallowed the "lie" hook, line and sinker.

And saving for retirement does not have to mean that one goes without during their younger years, if one does it right. Living life to the fullest can be done by one that may never drive a German car costing more then $40k...believe it or not ;-)

Don't buy the dillusions; the lies that Corporate American shoves down our throats...it's all smoke in mirrors ;-)

Tell your friend to grow up, mature, and be more wise with her money....buy Senior Housing Condos; get around 7-10 in the next 10-15 years, and retire early and with $8,000+ in monthly income (in today's dollars)....oh, and for [censored]'s sake get a good investment counselor!

You live in Orange County, CA. In NC, $120K/year goes a lot farther. In fact, it is enough to live in a nice house, have a nice car, and have plenty left over afterwards.

If you really wanted to be responsible with your money, you would move out of Orange County. You are [censored] away a lot of it just living there.


Perhaps $ goes farther in NC, but perhaps just in housing, but for gas, food, and other things, I suspect the difference is not much. Also, jobs in NC don't pay as well as in Cali, at least in what I do, so if you factor that in, then living in NC is not that much better in regard to saving $$.

I think life can be very fulfilling when one does not try to "buy" their happiness with shallow things like an expensive car, or anything really that is more show then utility.
 
Lovcom,
I didn't brag about that salary; just correcting your impression about the amount of salary chain pharmacies pay, because you thought it would be about $70k/yr...it's actually double that. and yes, that's in NC.

also, it may be "peanuts" by your standards, but may be a lot for other people...something to consider. I, humbly, will be happy when I make that amount after pharmacy school.

I do, however, agree with most here who say that she should've been a bit wiser, and that she needs to plan her finances better.
 
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I think everyone is missing the point by discussing her income and M-B reliability. If she's >wondering< if she bought the right car, then she didn't (for whatever reason - Why, 97T-Bird?).

I'm sure anyone who loves their car never wonders about their choice. Since her choices were between two totally different cars, M-B convt and Infiniti M45 (Japanese muscle car) then she was on the wrong track from the outset. The girl needs a husband, bless her heart! Hook her up, T-Bird!
 
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