RE: BMW M4 CS | Spotted
Discussion
av185 said:
Haha, contrary to popular belief, most of us on PH actually drive our GT3s!
I wasn't having a dig at GT3 owners, just rueing not being sufficiently well connected to be on a favoured customer list 
although there does seem to be an obsession with residuals on many threads. Going to have a good look at the 992 C2S as a 4 ish seat option that the other half would tolerate and probably won't fare that much worse depreciation than the recent M cars putting 10k a yr on.
nickfrog said:
I have a car I don't own. It lists at £32k. I could buy it for £27. 5k new. It costs me £5,472 over 2 years including road tax instead while it will be depreciating more than that even if I ignore the opportunity cost I have described, so I will ask again, why would I want to own it?
And I'll ask again, why do you care?
I am not expecting any response to those 2 questions.
SO you DON'T own a M4 CS thought so... end of chat...And I'll ask again, why do you care?
I am not expecting any response to those 2 questions.
TyrannosauRoss Lex said:
I have no idea. That's like saying to someone who spends £1000/month renting a property saying they shouldn't live there because they can't afford it, even if they are paying their rent every month on time and lead an otherwise OK life and aren't in financial ruin. Madness.
NO it's like saying you cannot afford a house that size so you are renting it.people can afford to rent cars and houses, but it seems they cannot afford to buy them !
renting a house is lost money also, madness.
Porsche911R said:
TyrannosauRoss Lex said:
I have no idea. That's like saying to someone who spends £1000/month renting a property saying they shouldn't live there because they can't afford it, even if they are paying their rent every month on time and lead an otherwise OK life and aren't in financial ruin. Madness.
NO it's like saying you cannot afford a house that size so you are renting it.people can afford to rent cars and houses, but it seems they cannot afford to buy them !
renting a house is lost money also, madness.
Porsche911R said:
TyrannosauRoss Lex said:
I have no idea. That's like saying to someone who spends £1000/month renting a property saying they shouldn't live there because they can't afford it, even if they are paying their rent every month on time and lead an otherwise OK life and aren't in financial ruin. Madness.
NO it's like saying you cannot afford a house that size so you are renting it.people can afford to rent cars and houses, but it seems they cannot afford to buy them !
renting a house is lost money also, madness.
king high horse would you. Utterly bizarre how you get so worked up and judgemental about how people choose to get into the cars they want. I don't care about how people do it. I get a bit miffed that you're so judgemental about it. For reference, I own my car outright and have a mortgage. Not that it matters.
Glenn63 said:
Iv never had finance/PCP or even a loan on anything (except mortgage) but saving £1k a month for 5 years then buy, or pay £1k a month for 5 years and have it now, what’s the difference the amount of money it costs is the same.
The difference is that if you save and pay you have £60k If you buy it on finance then all you can afford is around £50k
To have that £60k car now will cost you £1200 a month on finance and cost you £72k .. so you pay £12k to the bank for the privilege of having it now
It doesn’t mean it’s unaffordable or wrong .. but having it now comes with a cost
Porsche911R said:
NO it's like saying you cannot afford a house that size so you are renting it.
people can afford to rent cars and houses, but it seems they cannot afford to buy them !
renting a house is lost money also, madness.
You are so wrong on so many levels. The wealthiest person I know rents the house he lives in, in fact he has never lived in a house he owns. He’s worth at least £35m (cash/assets not mortgaged assets) and has over 500 properties in his portfolio of which most are mortgaged.people can afford to rent cars and houses, but it seems they cannot afford to buy them !
renting a house is lost money also, madness.
The reason being :- rather than having money tied up in a home he uses it to fund other projects which make sufficiently more that what he pays rent and that’s how he started so has carried on with that business model which is successful for him.
He doesn’t care that he pays about £16k a month rent because he makes a lot more out of what he would have tied into owning a similar property of the same scale without any incidental costs!
Edited to add :- he also like to move every 2/3 years so he avoids the stamp duty and estate agent etc costs!
Edited by W12GT on Tuesday 28th January 19:16
PorkInsider said:
Yet another thread ruined by utter pricks ranting on about other people's finances.
'Statistics' being pulled out of their arses, left, right and centre, and frothing about people having things they don't think they should be allowed to.
It's pathetic.
Yep indeed, I used to be completely against pcp until a mate of mine convinced me on certain cars it was the right thing to do. Never looked back.'Statistics' being pulled out of their arses, left, right and centre, and frothing about people having things they don't think they should be allowed to.
It's pathetic.
Porsche911R said:
nickfrog said:
I have a car I don't own. It lists at £32k. I could buy it for £27. 5k new. It costs me £5,472 over 2 years including road tax instead while it will be depreciating more than that even if I ignore the opportunity cost I have described, so I will ask again, why would I want to own it?
And I'll ask again, why do you care?
I am not expecting any response to those 2 questions.
SO you DON'T own a M4 CS thought so... end of chat...And I'll ask again, why do you care?
I am not expecting any response to those 2 questions.
At least you have a convenient way of not answering the questions as I suspected:
- why would I pay more by owning ?
- why do you care ?
Edited by nickfrog on Tuesday 28th January 21:43
W12GT said:
Yep indeed, I used to be completely against pcp until a mate of mine convinced me on certain cars it was the right thing to do. Never looked back.
Same. I couldn't accept that leasing was sometimes the cheaper way. It didn't make sense with the cost of capex etc... Now I will always consider it without making assumptions. nickfrog said:
W12GT said:
Yep indeed, I used to be completely against pcp until a mate of mine convinced me on certain cars it was the right thing to do. Never looked back.
Same. I couldn't accept that leasing was sometimes the cheaper way. It didn't make sense with the cost of capex etc... Now I will always consider it without making assumptions. Just my 2p’s worth - I still find it amazing that you guys acquire these expensive cars to use every day, enduring the depreciation/costs in whatever way you choose to take them and then, after a year or two rinse and repeat the whole thing. It doesn’t matter if you’re pcp-ing, leas-ing, hp-ing or old money-ing, the bulk of the costs are in the first few years of value drop.
I like to buy a car and cherish it - using it for entertainment and enjoyment only. If I’m going somewhere for work or to stick my vehicle in an airport car park or to muddy football practice I couldn’t think of any greater waste than going in a beautiful car. Used sparingly like this cars accrue mileage and wear very slowly, stay looking perfect and offer a genuine “new car excitement” every time you treat yourself to a drive.
I suppose it’s the automotive version of “if there is always biscuits in the tin where’s the fun in biscuits?”
I like to buy a car and cherish it - using it for entertainment and enjoyment only. If I’m going somewhere for work or to stick my vehicle in an airport car park or to muddy football practice I couldn’t think of any greater waste than going in a beautiful car. Used sparingly like this cars accrue mileage and wear very slowly, stay looking perfect and offer a genuine “new car excitement” every time you treat yourself to a drive.
I suppose it’s the automotive version of “if there is always biscuits in the tin where’s the fun in biscuits?”
Julian Thompson said:
Just my 2p’s worth - I still find it amazing that you guys acquire these expensive cars to use every day, enduring the depreciation/costs in whatever way you choose to take them and then, after a year or two rinse and repeat the whole thing. It doesn’t matter if you’re pcp-ing, leas-ing, hp-ing or old money-ing, the bulk of the costs are in the first few years of value drop.
I like to buy a car and cherish it - using it for entertainment and enjoyment only. If I’m going somewhere for work or to stick my vehicle in an airport car park or to muddy football practice I couldn’t think of any greater waste than going in a beautiful car. Used sparingly like this cars accrue mileage and wear very slowly, stay looking perfect and offer a genuine “new car excitement” every time you treat yourself to a drive.
I suppose it’s the automotive version of “if there is always biscuits in the tin where’s the fun in biscuits?”
We all like different things. Some people want to drive their nice car to and from work, to the shops etc and enjoy every minute of driving in it. They don't want to have a nice car at home whilst they come home from a hard day at work in a shed. For some, as amazing as this may sound, they're happy to pay the premium for that privilege. I like to buy a car and cherish it - using it for entertainment and enjoyment only. If I’m going somewhere for work or to stick my vehicle in an airport car park or to muddy football practice I couldn’t think of any greater waste than going in a beautiful car. Used sparingly like this cars accrue mileage and wear very slowly, stay looking perfect and offer a genuine “new car excitement” every time you treat yourself to a drive.
I suppose it’s the automotive version of “if there is always biscuits in the tin where’s the fun in biscuits?”
If you ignore the fact it's a car. Let's take mobile phones for example. Some people spend £70/month on a contract for the best phone available, and others scoff at how they couldn't dream of wasting that much money on things just to make phone calls. Those with the nicer phones want a nice phone, and they pay their monthly fee for it. Or is that a problem too?
This website is getting so full with those with a bee in their bonnet because people drive around in cars they don't think they should. It's crazy.
TyrannosauRoss Lex said:
Julian Thompson said:
Just my 2p’s worth - I still find it amazing that you guys acquire these expensive cars to use every day, enduring the depreciation/costs in whatever way you choose to take them and then, after a year or two rinse and repeat the whole thing. It doesn’t matter if you’re pcp-ing, leas-ing, hp-ing or old money-ing, the bulk of the costs are in the first few years of value drop.
I like to buy a car and cherish it - using it for entertainment and enjoyment only. If I’m going somewhere for work or to stick my vehicle in an airport car park or to muddy football practice I couldn’t think of any greater waste than going in a beautiful car. Used sparingly like this cars accrue mileage and wear very slowly, stay looking perfect and offer a genuine “new car excitement” every time you treat yourself to a drive.
I suppose it’s the automotive version of “if there is always biscuits in the tin where’s the fun in biscuits?”
We all like different things. Some people want to drive their nice car to and from work, to the shops etc and enjoy every minute of driving in it. They don't want to have a nice car at home whilst they come home from a hard day at work in a shed. For some, as amazing as this may sound, they're happy to pay the premium for that privilege. I like to buy a car and cherish it - using it for entertainment and enjoyment only. If I’m going somewhere for work or to stick my vehicle in an airport car park or to muddy football practice I couldn’t think of any greater waste than going in a beautiful car. Used sparingly like this cars accrue mileage and wear very slowly, stay looking perfect and offer a genuine “new car excitement” every time you treat yourself to a drive.
I suppose it’s the automotive version of “if there is always biscuits in the tin where’s the fun in biscuits?”
If you ignore the fact it's a car. Let's take mobile phones for example. Some people spend £70/month on a contract for the best phone available, and others scoff at how they couldn't dream of wasting that much money on things just to make phone calls. Those with the nicer phones want a nice phone, and they pay their monthly fee for it. Or is that a problem too?
This website is getting so full with those with a bee in their bonnet because people drive around in cars they don't think they should. It's crazy.
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