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Chief
“Gucci suits are like Corvettes. They’re a great way of telling people you didn’t always have money.” -@GSElevator
Enthusiast
Goldman Sachs elevator?
Pro
I love the “why would you buy a depreciating asset” comment.
People forget that money is a means to an end, and not the end itself. Money provides us with many things - security, comfort, joy. Those are the things we want, and money allows us to get them.
If you’re making over $200k at a young age and want to use money for one of its intended purposes. I say go for it, particularly if you are also already competently addressing the other things by saving and investing and don’t let the splurge become the norm instead of a somewhat rare treat.
@accenture 3 by doubting people’s salaries you’re just exposing how few of these options you had at that age....
I would say the cayman too but it’s cramped. I don’t think there are any other mid engine cars at the Corvette price point.
Love Shareholder 1’s reply. Dead on.
Do it
Chief
If you want to be disciplined about it, save up cash and pay in full upfront. You can afford it on your salary, but only if your other spending isn’t out of control.
Chief
Then you either have the cash or will soon. Enjoy :)
I have the same idea for a couple years down the road. If you can please share any budget numbers from your income and cost of car as I’m always curious how I can improve mine to reward myself with an fun car, thanks ! :)
Go for it. Will do my best to help.
BUY!
What do you do?
What am I doing with my life... audit
OP you posted this on the wrong bowl: https://joinfishbowl.com/bowl_66upwpa3rg
To your question. No, buy what you want and enjoy it now! There’s a a balance to life and you got me effed up if the advice on here is to penny pinch so you can enjoy your money at retirement. Create a budget if you haven’t already that aligns with your investing goals 5 years, 10 years, 20 years from now.
When I was 24 I bought a brand new 2017 ZL1 Camaro. I got the same advice as people on here but I would never trade the drives and various car meets I had with that car. Non-car people will never get it, they rather spend $20 on avocado toast and post it on the gram. Now at 28 I traded her in for a 2019 R8. I’m still on track to retire by 40 and max out my 401k/IRA and have multiple rental properties. There’s a balance to life, enjoy the $$$ you are making now and plan for your future accordingly.
If you can afford it, get it. If you can’t, don’t.
That’s the most idiotic decision possibly ever. For god’s sake, get a grip bro.
Enjoy like Bill Gates and be a philanthropist till the time you have money, fame, wife/gf, etc on your side 😜
And don’t forget to invest in Bitcoin and Dogecoin
YOLO
Buy what you like. If you can buy the C8 at MSRP, pull the trigger or DM me the dealer and I’ll buy it
If you want a C8 wait for the performance version…I would rather get a c63amg and this is coming from a guy who doesn’t like Mercedes AMG division
Pro
What school did you go to/ what did you study boss? Coming out of undergrad making some serious $$$
Pro
Good for you man, that’s uplifting to hear. Keep it up. My two cents, if you like it, and you can obviously afford it, don’t care what these people have to say. Just do your thing and enjoy your life and your things that make you happy!
Do it you work hard and should enjoy your life. Assuming you have no other debts and a solid nest egg and you don’t live above your means, go for it
My biggest financial regrets involve spending too much in my early 20s when I was making much more than I needed. An extra 100k I blew on stupid shit would be a million+ right now.
Invest the price across 5 hot growth companies you believe in, buy the car in 4 years with cash to spare from your investment (think people who invested a Tesla cars cost worth into Tesla 5 years ago are all millionaires now)
Subtle flex…..
Do it
Don't listen to these naysayers. Go for it!!! But maybe hold until z06 comes out.