[QUOTE=RandB fan;1056082519]
Quote:
Originally Posted by OldLRRP
What I do know is that you are an arrogant fuck, I am? read this and tell me who I am quoting "I did really well separating idiots from their money." probably a silver spoon, nope earned it all myself by helping others succeed in life with no concern about Daphne and her issues with her car. She doesn't have an issue she probably has a major service coming up and has sticker shock from the quote, I pointed out that she is not the first and gave her estimated costs for repairs and service for her car over 5 years. As a young woman, I think that if she had the same experience as my friend, that might put her in a serious bind. Your "friend's" bad experience has made you an expert on MB's and you state than NOBODY want's them out of warranty like your the fucking expert then start preaching about leasing. Then you downgrade benz's even more by saying they are worthless with over 100K on the ticker.
This is her car at 5 years old with 80000 miles
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this is her car with 105000 miles. the 25K addl. miles would cost her 2700.00 or less than 11 cents a mile
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I will say this for Daphne she wants to take care of her car and wants to do right by servicing and repairing it properly. Something that you obviously don't do from your example of your 1980 something GMC S-15 . Finding a good trustworthy MB specialty shop that will keep her from experiencing premature mechanical failures. That is the key to a pleasant relationship with a Mercedes or any fine automobile. You do pay extra to buy quality and you pay more to maintain it. Buy a bulb for an older big screen TV and you will understand.
Daphne, I have only driven loaner C series cars from the dealership and they were very nice cars assuming you're used to driving AMG's like I am. The 350C in a coupe is a very striking car as is the 4 door sedan as both have sports packages and are plenty powerful and handle nicely. I am sure you look great driving it too, smiling ear to ear as you nail "he he" the gas. I hope your's is a coupe!!
Now back to your friend who made you a Mercedes expert.
My friend had a bad experience with his MB. I don't know what year it was but I know he pampered the car and the only dealership that worked on it was the one he bought it new from. The o e he worked for and is the the General Sales manager of? TFF
I think he made a mistake getting the BMW, also. It doesn't matter because he can afford it and it will be under warranty until the lease is up. yeah with it's 10,000 miles a year and .25 per for overage take that and the down payment of $4.5K applied as a CAP reduction and $750 acquisition fees and $350 disposition fee's and that's after they toss in $4K for a holiday bonus for the next few days. Lets see 3K extra miles a year= 6k overage miles in 2 years at .25 = $1500.
So, thats really over 9K to get in and a couple of more to get out so 11K plus payments of $750, since he probably got a deal from a sister store, would be !18k in payments so 29K to drive a car for 2 years that's 1208 per month and nothing but receipts at the end of the lease and having to raise another $4500 to lease another one so it really costs $34,500 (including overage miles) in 2 years. But there are no repair bills or maintenance to worry about.
$34k divided by 20,000 miles is ..wait for it...$1.70 a mile!!!!!!!!!!!
Jay Leno is a car guy. He buys antique,classic, hot rods, motorcycles, and new and old collectible cars (don't forget trucks) and restores them to like new condition. He doesn't care what it costs because he adds them to his collection. You don't collect anything I own lots of nice shining rolling stock that I get to enjoy driving He is probably upside down in most of them but he doesn't care because he is worth millions. First I doubt he is upside down as what he collects appreciates in value and second. oh wait!!!Look at what I found
It's Jay Leno with his (bought brand new) 1991 GMC 4 wheel drive pick up truck just like your's except his is a 91 and yours is probably made in the 80's. Oh and his is a Syclone and yes it's worth more than he paid for it.
I ran dealerships and all I cared about was moving iron and making the dealership profitable and I was very good at that. Listen to this arrogant fuck go at himself again "I did really well separating idiots from their money."
I don't have a job per se yet I stay active overseeing several ventures all of which help people instead of robbing them and calling them idiots and I can afford to buy what I want without bowing to the F+I guy for a loan or a rental (lease) contract.
"A new car is about the worst investment you can make." [COLOR="Red"] So is renting one!!!!
I write off my work vehicle and deduct mileage when applicable on my other cars but I do not consider an automobile as an investment anymore than I do a new curved screen TV.
As far as your other financial advice about making and keeping..."It isn't what you make, it is what you keep." I haggle relentlessly on everything I buy over a few hundred $ and when I dispose of something I fight like my baby needs shoes to get the most out of the deal. Settling for less then I want just to toss more in the bank to rot at 2% Fuck That!!!! |
I was just over 30 years old when I took over a Datsun (yes, that long ago) Dodge dual dealership. It was losing money and all of my friends said not to do it. Four years later, it was the number one volume Nissan dealership in the state and the volume Dodge dealership in the south. The last year I was there, that store made over four and a half million after taxes. That was in a year when many dealerships didn't survive and most were only marginally profitable.
Now retired, with over 40 years in the car business having bought and sold tens of thousands of vehicles, I am an expert. I was at the auction buying cars most every week and selling them when they reached 60 days on the lot. I am the one that approved the repair orders for reconditioning. I wish I knew how much money I have spent sending cars through the shop but it would be a staggering amount.
You show a book value for a 100K mile MB. Dealerships don't want those cars because you can't finance them. Some dealerships will send them through the shop to make sure they are safe having a brake check and safety inspection. They might keep them on the lot for a couple of weeks as a "cash car". No Used Car Manager is going to look at trade value on any 100K mile car, he is looking at auction values, less transportation and any money he might expect to spend on it if he is decides to keep it for a couple of weeks. Personally, I didn't keep any cars approaching that many miles.
Everyone that ever bought a car bought it because they got a good deal. Ever hear the saying, "you can't beat a guy at his own game"? The car business was my game. My stores maintained CSI (Customer Satisfaction Index) scores higher than the Regional average. Sometimes, when I got an arrogant, know-it-all prick, I took advantage. If that didn't work, I simply told them to get the fuck out of my dealership. Mooches cost you time, money and always complain. I never needed their business.
For the record genius a Jimmy is a SUV and not a pickup.
I graduated with an accounting and finance degree. I am comfortably retired but with a small business (to give me something to do) and I don't need you to tell me how to invest my money.
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