An expensive car means you are successful?

[Kelpie]

I read this from a Blog :"I believe that people only want to take advice from those more successful than they are. One way to demonstrate to others that you are more successful is purchasing a luxury car such as a BMW or Mercedes."

 

What do you think? stereotyping?

 

Regards,

[Rickster]

Although driving an expensive car does not mean u r rich, but it does mean that you have a certain level of income to pay for the installments and upkeep of the car.

 

There is no way an ordinary peasant earning 3-4K can afford to drive n upkeep a luxury car.

Edited December 18, 2008 by Rickster

[Bankai87]

the difference between boys and men is the value of their toys.

[Friendstar]

nope

this is the truth.

 

would u listen to a bmw 7 series guy for investment tips or a picanto guy.

 

can't help it.

[Kusje]

Depends what kind of advice right? Obviously I wouldn't be taking financial advice from someone living in a HDB flat(depends on his age of course) if I wanted to do really well.

 

If I'm looking for relationship advice etc, I would obviously be more willing to take it from someone successful in that arena and not someone with 10 cars.

[Latka]

If one has fully paid for his/her expensive car, dat is true and pure success. But it excludes those who cheated their company to fully pay for their BMW like Gigolo John.

 

If one has taken out a long term loan to purchase his/her expensive car, not only is he/she not quite there yet, but a slave to his/her car. Just imagine if they run into financial hardship and can no longer finance their loans, their balls are just waiting to explode.

 

 

Gigolo John, The Spineless Busthird

[Kelpie]

Although driving an expensive car does not mean u r rich, but it does mean that you have a certain level of income to pay for the installments and upkeep of the car.

 

There is no way an ordinary peasant earning 3-4K can afford to drive n upkeep a luxury car.

 

3-4K? I don't even dare to own a car at this income level.

 

Regards,

[Yeshe]

alot of youngsters started owning cars when they get about $2.5k income monthly

 

0% downpayment with 10yrs loan sounds familiar?

[Latka]

alot of youngsters started owning cars when they get about $2.5k income monthly

 

0% downpayment with 10yrs loan sounds familiar?

 

 

Very familiar. Look at the cars that are on auction. Quite a number were registered Y2008.

 

 

Janie C, What Goes Around Comes Around

[Picanto]

expensive car = high income

but i dun think high income mean the person is rich, he/she may have other high expenses too.

[RadX]

....and top on repo list.....quite sad that bmw allows these folks to take 0 dp and 10 yr loan....wa lau..sell backside to buy

[Puffer_fish]

i search through all the auction vehicle mostly hyundai, honda, toyota and other made. no bmw

[Friendstar]

err why not?

 

depends on usage,OPC Kia Picanto. everything included $700.

[Freestylers09]

so funny..

[Puffer_fish]

http://www.sgcarmart.com/used_cars/listing.php?CAT=15

 

attach are the past and current cars on auctions almost 0 luxury made

[RadX]

This was told to me by a financier fren...bank loan cars normally go to staff first

 

Like GE cars, staff og GE will get first view and the supreme ones get snapped first

[Freestylers09]

have u seen people with almost all 10 are super and luxury cars ,within 1-2 weeks all gone one? i seen before...a bro here also seen before

[Freestylers09]

ya..like property..got good lobang,they also snapped up b4 even auctioned etc

Edited December 18, 2008 by Freestylers09