Anyone into cars but not credit?
Discussion
Audemars said:
SWoll said:
When I say the PH demographic I'm suggesting that it will be swayed more towards the lower to average range of income purely due to the type of topics discussed and range of views I've seen over the years. That's not in any way meant in a derogatory fashion, just based on the observations of someone who has been a member for many years. I could well be wrong of course.
That is very obvious. I come here mainly for the classifieds. I would be too embarrassed if people around me knew I actually waste my time trying to educate the type on here. Either way, please keep the posts coming as I find them most amusing and always guaranteed to spice up a thread.
Devil2575 said:
RSK21 said:
Audemars said:
Yes, its the "I work hard for my money so should be able to spend it all on what I want" brigade. Except most people who work in this country do not know what hard work is.
What's your line of work ?
Some people would melt at the thought of what I spend on my car..
The wonderful thing is, is that I can afford it, even after paying my bills and my rent. And I can still go out, and socialise. & no, I'm not some millionaire with no sense. I thought about buying the car for well over 6 months, working out the best balance of deposit to finance, and what options I had if I got made redundant or had to stop work. So as it turns out, I'm over 5k in the black with my car (and that's with WBAC) so I would be up, and able to close everything, and get another car as soon as I could find one.
I spend a lot of money on my car, yes. Whether it's cleaning stuff, track work, servicing insurance whatever, I do it because I enjoy driving it, and as long as I can afford it, and can still have a decent life outside of it, who's to say my life is any less because there's a proportion of my car that's not fully mine yet?
The wonderful thing is, is that I can afford it, even after paying my bills and my rent. And I can still go out, and socialise. & no, I'm not some millionaire with no sense. I thought about buying the car for well over 6 months, working out the best balance of deposit to finance, and what options I had if I got made redundant or had to stop work. So as it turns out, I'm over 5k in the black with my car (and that's with WBAC) so I would be up, and able to close everything, and get another car as soon as I could find one.
I spend a lot of money on my car, yes. Whether it's cleaning stuff, track work, servicing insurance whatever, I do it because I enjoy driving it, and as long as I can afford it, and can still have a decent life outside of it, who's to say my life is any less because there's a proportion of my car that's not fully mine yet?
I work lots of hours for a relatively derisory hourly rate and couldn't afford £600 for a new car even if I wanted to. Luckily I have no wish to buy a new car, am more than happy with my lot and spend all my spare cash on my pair of 26 year old 3 series'. They're about my only vice nowadays anyway. 
If someone can afford £600 though and wants a brand new Audi dudey or whatever, good luck to them. It's their money and their choice. Personally I like the diversity here and enjoy reading about peoples experiences changing the clutch on their Lambo' at home, or restoring their Pug' 309 GTi because they liked them as a youngster.
If someone can afford £600 though and wants a brand new Audi dudey or whatever, good luck to them. It's their money and their choice. Personally I like the diversity here and enjoy reading about peoples experiences changing the clutch on their Lambo' at home, or restoring their Pug' 309 GTi because they liked them as a youngster.
RSK21 said:
What's your line of work ?
Whatever it is, he claims to double his income from it every few years.I think this may be his linked in profie https://www.linkedin.com/in/massive-bell-end-a5601...
CS Garth said:
kambites said:
Lack of savings is certainly a problem, but whilst car finanace may be a symptom of the same issue that's causing it, it is not in itself the cause.
Quite. The cause is a broad sense of entitlement and lack of self control in the face of an onslaught of advertising. Most things ar are achievable with time, patience and self sacrifice I've no answer for the 'entitlement' culture that does seem quite strong. Maybe it does stem from 30 years of L'Oreal style marketing bombardment but we can't blame marketing or advertising as those are regulated activities and or is any marketing or advertising able to hold any true authority if the targets do not have the financial means to act upon the instructions to consume.
But this has always been the case and the uncomfortable truth is that those who over consume will be sending their descendants lower down the pecking order whereas those who under consume will typically be moving them up.
What's quite interesting in this thread and most others that are similar is that consumers will often tout the argument 'you only live once' or 'no point in being the richest man in the graveyard' but if you have descendants then your actions now will have an impact further down that line. Obviously if you never have children then YOLO is a perfectly acceptable mantra so long as you don't end up reliant on others. But it is interesting just how many fathers seem to live by the battle cry of yolo.
DonkeyApple said:
There has never been a society, from the dawn of history, that has ever self regulated consumption and there never will be.
I've no answer for the 'entitlement' culture that does seem quite strong. Maybe it does stem from 30 years of L'Oreal style marketing bombardment but we can't blame marketing or advertising as those are regulated activities and or is any marketing or advertising able to hold any true authority if the targets do not have the financial means to act upon the instructions to consume.
But this has always been the case and the uncomfortable truth is that those who over consume will be sending their descendants lower down the pecking order whereas those who under consume will typically be moving them up.
What's quite interesting in this thread and most others that are similar is that consumers will often tout the argument 'you only live once' or 'no point in being the richest man in the graveyard' but if you have descendants then your actions now will have an impact further down that line. Obviously if you never have children then YOLO is a perfectly acceptable mantra so long as you don't end up reliant on others. But it is interesting just how many fathers seem to live by the battle cry of yolo.
Hmmm...I've no answer for the 'entitlement' culture that does seem quite strong. Maybe it does stem from 30 years of L'Oreal style marketing bombardment but we can't blame marketing or advertising as those are regulated activities and or is any marketing or advertising able to hold any true authority if the targets do not have the financial means to act upon the instructions to consume.
But this has always been the case and the uncomfortable truth is that those who over consume will be sending their descendants lower down the pecking order whereas those who under consume will typically be moving them up.
What's quite interesting in this thread and most others that are similar is that consumers will often tout the argument 'you only live once' or 'no point in being the richest man in the graveyard' but if you have descendants then your actions now will have an impact further down that line. Obviously if you never have children then YOLO is a perfectly acceptable mantra so long as you don't end up reliant on others. But it is interesting just how many fathers seem to live by the battle cry of yolo.
Sending descendants down the pecking order?
If you view wealth as what is important in life and if you think that inherited wealth is a good thing then maybe. If you want to talk about things that are wrong with our society how about the view that worth is determined by wealth and that children inheriting wealth is a good thing. I will no doubt leave something to my children but the idea that I ought to do so and that I should be helping them climb the pecking order is wrong in my opinion. My children will be raised to look after themselves not rely on daddies money to bestow social status upon them. There is in fact a statistic about how many generations inherited wealth lasts before it is squandered. It was something like 4 on average if my memory serves me.
Your worth is based on your actions not your wealth. Money does indeed buy privillage but it doesn't make you a good person. The fact that the proportion of psycopaths on company boards is far higher than in the general population speaks volumes about what it takes to become wealthy.
I'm guessing that you're relatively wealthy and after saving probably have plenty left over to enjoy the nicer things in life. It's very easy when you're in a position like that to tell others that they shouldn't have these things.
As for the entitlement culture, people have been decrying the next generation since Adam was a lad.
johnwilliams77 said:
Devil2575 said:
The fact that the proportion of psycopaths on company boards is far higher than in the general population speaks volumes about what it takes to become wealthy.
Where is that fact?! There are psychopaths in all levels of life!https://www.google.co.uk/amp/www.forbes.com/sites/...
Devil2575 said:
This is the first link I found...
https://www.google.co.uk/amp/www.forbes.com/sites/...
Not far higher then is it? 3% estimatehttps://www.google.co.uk/amp/www.forbes.com/sites/...
Devil2575 said:
DonkeyApple said:
There has never been a society, from the dawn of history, that has ever self regulated consumption and there never will be.
I've no answer for the 'entitlement' culture that does seem quite strong. Maybe it does stem from 30 years of L'Oreal style marketing bombardment but we can't blame marketing or advertising as those are regulated activities and or is any marketing or advertising able to hold any true authority if the targets do not have the financial means to act upon the instructions to consume.
But this has always been the case and the uncomfortable truth is that those who over consume will be sending their descendants lower down the pecking order whereas those who under consume will typically be moving them up.
What's quite interesting in this thread and most others that are similar is that consumers will often tout the argument 'you only live once' or 'no point in being the richest man in the graveyard' but if you have descendants then your actions now will have an impact further down that line. Obviously if you never have children then YOLO is a perfectly acceptable mantra so long as you don't end up reliant on others. But it is interesting just how many fathers seem to live by the battle cry of yolo.
Hmmm...I've no answer for the 'entitlement' culture that does seem quite strong. Maybe it does stem from 30 years of L'Oreal style marketing bombardment but we can't blame marketing or advertising as those are regulated activities and or is any marketing or advertising able to hold any true authority if the targets do not have the financial means to act upon the instructions to consume.
But this has always been the case and the uncomfortable truth is that those who over consume will be sending their descendants lower down the pecking order whereas those who under consume will typically be moving them up.
What's quite interesting in this thread and most others that are similar is that consumers will often tout the argument 'you only live once' or 'no point in being the richest man in the graveyard' but if you have descendants then your actions now will have an impact further down that line. Obviously if you never have children then YOLO is a perfectly acceptable mantra so long as you don't end up reliant on others. But it is interesting just how many fathers seem to live by the battle cry of yolo.
Sending descendants down the pecking order?
If you view wealth as what is important in life and if you think that inherited wealth is a good thing then maybe. If you want to talk about things that are wrong with our society how about the view that worth is determined by wealth and that children inheriting wealth is a good thing. I will no doubt leave something to my children but the idea that I ought to do so and that I should be helping them climb the pecking order is wrong in my opinion. My children will be raised to look after themselves not rely on daddies money to bestow social status upon them. There is in fact a statistic about how many generations inherited wealth lasts before it is squandered. It was something like 4 on average if my memory serves me.
Your worth is based on your actions not your wealth. Money does indeed buy privillage but it doesn't make you a good person. The fact that the proportion of psycopaths on company boards is far higher than in the general population speaks volumes about what it takes to become wealthy.
I'm guessing that you're relatively wealthy and after saving probably have plenty left over to enjoy the nicer things in life. It's very easy when you're in a position like that to tell others that they shouldn't have these things.
As for the entitlement culture, people have been decrying the next generation since Adam was a lad.
My post was really a reaction to those who speak of yolo and the negative implications of thinking like that. The children of many people today will simply not be enjoying the same quality of life as their parents and this is a stark reversal of the post war trend that most of us have benefitted from so for people to try and counter this Weatern effect we must probably invest more than parents in the past have needed to.
Gassing Station | General Gassing | Top of Page | What's New | My Stuff