If you were a millionaire.....

If you were a millionaire.....

Author
Discussion

ApexJimi

25,034 posts

244 months

Sunday 19th September 2010
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Come on Tonks, you're flogging a deid donkey here.

ApexJimi

25,034 posts

244 months

Sunday 19th September 2010
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anonymous said:
[redacted]
(sigh)


You're picking up on ONE example given, and that example was posted purely to show what you can get at a particular price point, and that is not "the local Beiruit".

Anyway, I'm bored now - the point remains that not everyone is going to conform to the sets of assumptions you have laid out above, and I am a case in point of that, as are, I suspect, quite a few others.

Ah'm oot smile

SystemParanoia

14,343 posts

199 months

Sunday 19th September 2010
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I could easily live on 10k p/a

So spending 100k on a home wouldent bother me in the least.

Leaves me with more money to spend on fun stuff.

Doubt id be home much anyway!

5 mil could easily last me a lifetime! "Saving up" my interest to buy fast cars isn't a challenge lol.

You don't have to get everything now now now!

GT03ROB

13,289 posts

222 months

Sunday 19th September 2010
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anonymous said:
[redacted]
...so pretty small & only a double garage, so not much room for all these car fleets smile

Gorvid

22,233 posts

226 months

Sunday 19th September 2010
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Christ, I wouldn't want to live anywhere near London, I'm much happier here at the seaside.

As tough as it would be, I would suffer in this paltry £750k sthole.





Six bedrooms and it's own slipway and 50ft quayside. hehe

MagicalTrevor

6,476 posts

230 months

Sunday 19th September 2010
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Maybe this should be a fantasy conversation about 'you're a multimillionaire and have allocated £1m for car related stuff'. Disregard running costs and general loving, then we don't have arguments about inflation and house costs in London vs Scotland

Lefty

16,177 posts

203 months

Sunday 19th September 2010
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PHmember said:
Nothing worse than buying a brand new car & then being told 'keep it under X amount of revs & easy on the brakes for the 1000 miles'. FFS. furious

I'd rather pay considerably less for a car that has already been run in & had about 2000 miles on the clock. (Which of course is a double-edged sword, shall I buy the car new & run it in properly, or shall I take a gamble that the previous owner actually ran it in properly).

In fact, if money was no object I'd buy the cars brand new & employ a very trustworthy & very good driver to run them in properly for me.
Nah, buy brand new. Take a mate for company, drive 500 miles in one direction. Stop at a hotel for the night and next day drive home. Spend 2 days discussing what else you're gonna buy.

smile


EDLT

15,421 posts

207 months

Sunday 19th September 2010
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Gorvid said:
I'm much happier here at the seaside.
nono

Normal cars that live by the sea start to rust prematurely, imagine what would happen to some of the classics people want to buy!

In five years time you'll be say next to a million pound pile of iron oxide while your new best friend from the bodyshop buys your house off you.

2 Wycked

2,335 posts

232 months

Sunday 19th September 2010
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I'd spend up to £1m on a decent property in/around Lichfield, staying within reasonable proximity to family/friends etc, back to working at Drayton Manor 5 days per week through the Summer to keep my feet on the ground and ensure that I stay mixing with "normal people", Winter would be spent travelling and enjoying myself.

Car wise it'd be mostly used, the list below is assuming I can find a house with garage space for four cars:

1. VW Lupo 3L import: For daily commuting and looking after the pennies.
2. Jaguar E-Type: Modernised by Eagle and because they're beautiful.
3. Mercedes-Benz W140 600SEL: With the AMG 6.2 fitted up, this can be for wafting across Europe in.
4. Ferrari F355 Challenge: Road registered, but predominantly for track days.

Gorvid

22,233 posts

226 months

Sunday 19th September 2010
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EDLT said:
Gorvid said:
I'm much happier here at the seaside.
nono

Normal cars that live by the sea start to rust prematurely, imagine what would happen to some of the classics people want to buy!

In five years time you'll be say next to a million pound pile of iron oxide while your new best friend from the bodyshop buys your house off you.
>heartbroken< frown

Frederick

5,698 posts

221 months

Sunday 19th September 2010
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Classifieds > Ariel Atom 300 > little tour of the UK sorting out friends with some cash (50k each or so) > House somewhere nice > Sit and fill the garage up with exotica.

Sounds like a decent plan, if I may say so myself!

keo

2,083 posts

171 months

Sunday 19th September 2010
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Working on the £5 million

£750k house would be get a house bigger enough than i would ever need with a decent size garage or a couple of garages. (Around the midlands area, i am not talking london)

Ferrari F50 £400k
Ferrari 360CS £100k

Live life comfatably for a couple of years, do the odd track day. Holidays abroad with my gf, watch the grand prix season. Mrs isnt into cars so i would get her a brand new golf/ 1 sereis BMW/ Audi A3/TT something like that.

Just chill out then, id obviously help freinds and family out

markcoznottz

7,155 posts

225 months

Sunday 19th September 2010
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anonymous said:
[redacted]
Bingo. Thats the killer. Inflation. The problem is you cant make any money faster than what you spend,so its a downward spiral. Your pot of money goes down and so does the earning potential of that pot. Big houses and big cars have big running costs, so many ex lottery winners have ended up with nothing, and that was in the days when money in the bank got a return.

physprof

996 posts

188 months

Sunday 19th September 2010
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Right getting back on track to Garlick's premise....

1. Yes a new dealer supplied car, FFS got to enjoy spending time working dealers speccing 599 or a AM just for you....not something thrown together for what dealers and previous owners might like. I'd also appreciate the deferred gratification of waiting for it to arrive, you'd probably get a factory visit out of it was well, dealer likely that your good for repeat business.

2. Yes, the classifieds to pick a couple of bargain depreciated instant gratification machines, a classic, a towing 4x4 (see next point), a vert and a saloon, thereafter I'd set a trading budget to work these around.

3. I'd get a modest plot back in highlands and islands and build my own house, nothing ranch or ostentatious, but by sea, (need a RIB) and enjoy the roads.

4. Depending on the amount of millions I'd consider how much I'd need to engage with conventional society e.g flat in a big city, property abroad etc and rampant consumerism.


RossB_eg4

279 posts

193 months

Sunday 19th September 2010
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Would probably make a serious no compromise project of my current fun car. At 22 i'd feel too young to be driving about in an incredibly flash car; could see myself going for an R32 and R35 GTR though, so both dealerships and classifieds.

Frederick

5,698 posts

221 months

Sunday 19th September 2010
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Oh yeah, something else - I'd be helping the Swiss economy immensely by the amount of watches I would be going on a shopping spree for! (and they would be new, no pre-owned unless it is something that is no longer available new)

Chicane-UK

3,861 posts

186 months

Sunday 19th September 2010
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Gotta be every petrolheads dream really.. landing a substantial lottery win and then beginning the tough challenge of where to start and what to buy!

Think I'd be down to Porsche first though.. find myself a decent 911 which I could begin my tour of various specialists, finding the rest of the cars I wanted.

RobZo

105 posts

166 months

Sunday 19th September 2010
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Baby blue Lamborghini Murcielago LP670-4 SV
Black on Black Range Rover Sport Supercharged
White Rolls Royce Ghost

Thats all I would need smile

Gorvid

22,233 posts

226 months

Sunday 19th September 2010
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anonymous said:
[redacted]
£4million in the bank still gets £200k per year interest.

£3million in the back and £1million in a cupboard still gets less interest.

There's nobody here who can't live well, mortgage free, on £200k per year.

TRUENOSAM

763 posts

171 months

Sunday 19th September 2010
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Go to the dealer that made me redundant last year and spec up the XKR and XFR then go to another dealer to buy them. Just to be a crunt smile