Help buying nice car.
Discussion
Hi, I'm Oliver, 19, I'm new to this forum. I moved to England with my father about 8 months ago and since then he has passed. I am obviously upset however this has meant for the first time in my life I have a substantial amount of money. I have recently purchased a very nice apartment that comes with 2 parking spaces and the ability to rent 2 more out for 8.5k each a year. I have been looking at getting some new cars. I currently have my dads XF but have been looking at filling my parking with nice cars spending no more than 150k total. I have been looking at pre-owned Aston Martin Vantages, Maserati grand Turismo, and some lotuses. I want to get a car that is beautiful and looks expensive without paying more than 60k. Please advise I dont want to do anything stupid.
If I was in your position i'd be looking at different cars for different purposes. Small sports car for fun, big estate or SUV for practicality. Maybe an appreciating classic as well.
I'd also make sure that i'm not spending all of my inheritance on cars, as i'd feel like i'd wasted it 10 years down the line.
I'd also make sure that i'm not spending all of my inheritance on cars, as i'd feel like i'd wasted it 10 years down the line.
Thank you for your help. I have looked at insurance I am well aware that it will be in the 10 thousands. I live in a city so I really only want to use the cars for fun and honestly just want to look at them. My father liked to own real estate and thought that cars were a waste of money the nicest he ever had was a few lotuses and some jags. I am not worried about spending all of the inheritance as it is substantial enough to last me for the foreseeable future. I was simply looking to find out which cars look nice and are fun to drive without being too unreliable.
oliverchapman said:
My father liked to own real estate and thought that cars were a waste of money
Your Father was a wise man. Buy a nice car and enjoy it, but make sure you save plenty of that money for a hefty house deposit when you're ready. This way you'll set yourself up for life, rather than having a few nice cars for a couple of years.
Sounds like your best bet would be to join one of the supercar clubs - if your age doesn't bar it.
But - really - you have a massive choice here. You can set yourself up very comfortably for the rest of your life... or you can piss it all up the wall in a few short years. By all means, enjoy yourself, but think long term.
But - really - you have a massive choice here. You can set yourself up very comfortably for the rest of your life... or you can piss it all up the wall in a few short years. By all means, enjoy yourself, but think long term.
Edited by TooMany2cvs on Thursday 10th November 15:14
IanCress said:
our Father was a wise man.
Buy a nice car and enjoy it, but make sure you save plenty of that money for a hefty house deposit when you're ready. This way you'll set yourself up for life, rather than having a few nice cars for a couple of years.
OP says he already has what sounds like a Very, Very nice apartment, especially if an extra parking space costs £8.5k a year to rentBuy a nice car and enjoy it, but make sure you save plenty of that money for a hefty house deposit when you're ready. This way you'll set yourself up for life, rather than having a few nice cars for a couple of years.
I'd second the hire a car option plus maybe something like a lotus Exige S2 - £30k won't break the bank too much and it'd be great, beyond that you can look at the supercar clubs, especially as driving a few cars for a year would give you a chance to build up some experience and to find out what you like/dislike in a car for the future
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