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What do you think of my new investment, /biz/?

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Thread replies: 63
Thread images: 15

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What do you think of my new investment, /biz/?
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Wat the fuck? Fixed.
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>>1807012
Ugly car.
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>>1807009

If you cant buy a new one and sell it when its 50k miles, dont bother.

Oh, and get ready for those mechanic bills.
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>>1807023
Well that's just like... your opinion man.

>>1807030
Selling it after 2 years.
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People are going to ridicule you for this, and perhaps that is the reaction you are aiming for with your arrogant tone.

But, this car is probably in the upper half percentile of /biz/ investments. Far superior to many of the /rhg/ memes, also its actually functional and tangible unlike buttcoin and other crypto"""currencies""".
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>>1807023
Can you post an example of a good looking car? Just out of curiosity.
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>>1807030
Also it's got 25k miles right now.
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>>1807009
>investment
>>
Well I like it OP.
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>>1807009
Don't listen to haters OP, that's one sexy car.

Also agree with >>1807040 this is a much better investment than buttcoin.
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>>1807009
Beautiful car my boy, good choice. I wish you good luck with whatever you're doing.
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>>1807009
It's not an investment if it's a depreciating asset. Still nice though.
C220?
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>>1807045
He is investing in pussy dollars
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>investment
explain us OP how that car is going to increase in value over time
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>>1807077
Thanks, Patrick.
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>>1807086
C300
2014 but it only had 14000 miles when I got it.
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>>1807040
Are you really arguing a currency that doubled in the last 12 months is a worse investment than a depreciating asset?

The only way buying a car like this makes sense in Australia anyway is if its under $20,000 with ABN full tax write off, or you lease it under ABN and weekly lease fee is a write off as well since its for business purposes. Getting you a brand new car and costing you nothing.

>Buys 5 year old Mercedes
>Good investment deal

unless you mean to uber with it then by all means. If its just a nice toy for yourself after doing some great dealing in the last 12 months thats fine as well.
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Also since this thread serves no real purpose, I'll just share a personal anecdote. I actually crashed this car once already, before this photo was taken.

Some dumb bitch decided to be blind momentarily as she approached an intersection and drove straight through a red light. So I saw her coming out, thought maybe she was turning right (I was in the left lane), then she kept going straight, and I hit the brakes, but not soon enough to not hit her. Anyway it was minor damage to my car, no injuries on either side, she had some nu-male in the car with her. A couple guys on the corner (I was downtown) saw the whole thing and told me they'd stay to make sure I didn't get fucked over for this bitch's dumb driving. All told I needed new headlights, new front of the car, and new radiator, $20,000 of damage. She claimed fault, but I still lost $500 because my insurance only covered 30 days or $900 for a rental car, so that went over by two weeks.

Anyway moral of the story is: women drivers.
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>>1807009
How is this car an "investment"?
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>>1807103
lol he calls it a currency
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>>1807012
A fucking old C-Class Mercedes?

The used C-Class Mercedes is known as the ritzy nignog mobile. Entry level car, the shit on the thing is made to break (https://youtu.be/ZPJ64sTa7KI?t=127) FACT, and they depreciate like a brick of osmium.

If you really had money, then you would've bought a new E-Class, G-Wagon, S, or a GT.
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>>1807009
>(((Investment.)))
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>>1807012
> car
> investment

Do you plan on being an Uber/Lyft driver? If not, your car is a liability
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>>1807086
>depreciating asset
It's more of a liability in my opinion
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>>1807091
> A good car guarantees you poontag
Yeah totally..
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Wait a minute... that reflection...
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>>1807023


this

looks like an old mans car OP
like one of those 70s cars with /biz/ness men coming out of it in oversized suites
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>>1807174


Kek
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How does it feel driving something that is worth less and less everyday that you own fuhrer?
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>>1807108
Moral of the story: losing 500 out of 20000 is still losing 500, not accounting for depreciation. Spoiled kids nowadays can't tell the difference betweet asset and liability.
Mom the dress was on sale so I BOUGHT it and SAVE alot of money!
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>>1807157
>If you really had money
the only people driving around in G-Wagons and such just have massive loans and their purpose in life to keep up with the Joneses

luxury cars are for retards
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>>1807549
What happens whenever you are a billionaire, you don't have large loans out, aren't keeping up with the Joneses, and actually own a G-Wagen like many of them do?
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>>1807838
drive your F-150
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>>1807549
lol but you can actually make money flipping/driving luxury cars if you know what you're doing.

please stay poor
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>>1807840
Sorry buddy, you might think you know a thing or two about people who have wealth from reading meme books like The Millionaire Next Door and Rich Cuck Poor Cuck, but you don't know shit about how the rich spend their money.

You're poor.
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>>1807009
>Car
>Investment
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>>1807174
You're a big guy. In that image
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>>1807881
yeah, because when out in public the things billionaires are most likely to do is make themselves stand out really easily

I might be poor but I'm not retarded enough to buy a luxury car, unlike apparently all the insecure douchebros ITT

>>1807844
yeah you can make money driving luxury cars

right on into your mechanic garage up onto your car lift and charging the chumps that pay them many times more than the shop that fixes Hondas
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>>1807009
>car
>investment

A CAR IS NOT AN INVESTMENT!

I REPEAT!

A CAR IS NOT AN INVESTMENT!
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Mercedes' have one of the fastest devaluation in the market because their electronics and computers/sensors are unreliable and they start to have value within a decade.

That's why I see tons of $5000 excellent condition Mercedes for sale because the owners don't want to spend $10K+ on fixing computers that will break again anyways.
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>>1808068

*start to have issues
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>>1807009
Nice LIABILITY retard ;)
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>>1807009
Here in the uk at least they're shitskin cars, no self respecting white man would buy a black merc

They also hold their value poorly

You had better have bought it because (fuck knows why) you genuinely enjoyed driving it
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>>1807012
/o/ here you bought a POS c-class 204 body. you should have gotten a honda faget. get ready to get raped by the dealership when private shops fuck up your car
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>>1807009
It's a nice looking car and should get you pussy if that's what you're after.

But a depreciating asset isn't an investment. Not only will you sell it for less than you bought it for, it's a monthly expense as well (insurance, mechanical bill, maintenance, gas, etc.).
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>>1807009
>>1807012
a fucking terrible investment
you instantly lost 1-5k solely driving it off the court
and it'll drop by 50% of its worth in the next 12-18 months

cars arent an investment - theyre a black hole of money
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>>1807009

>investment

What investment?
Your capital will only decrease with time after this purchase.
Car depreciation is a bitch.
+Mechanic bills
+Fuel
+Parking costs
+emission tax (dependant on country)
+insurance

You'd be better off just buying a bicycle.
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>>1807009
>investments
>luxury cars

pick one
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What is the ROI on a used Mercedes?
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>>1808475
-80%
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>>1807174
You don't get to bring friends.
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>>1807549
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Wow, didn't expect to successfully troll that many people with the investment line, kek.
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>>1807009
So how much is your "investment" going to return in one year?
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>>1808559
yeah OP you sure TROLOLOL XDDD us hard
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>>1808061
>Thinking that a billionaire who is looking into purchasing a G-Wagon is purchasing it to look flashy.

I have a friend who is quite wealthy and conservative with his money, not billionaire, but he's worth upwards of 100M. He just bought a new E-class to replace his old one, and he told me he didn't really do to much research in it. He just sold his old car, went into the Mercedes dealership, and bought it. He doesn't buy them to show out, but because they're comfortable, and for him, it isn't a lot of money for him to spend over it. For him, shit like a new mercedes isn't a stupid liability for him, but a private jet and yacht are, so he doesn't own either.

Like I said, you wouldn't understand these things because you can't grasp how much money that really is.
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It would've been an investment if you bought something like a w113 or if you were mega rich a 300sl.
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Mercedes are the new poorfag mobiles of the modern world
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>>1807009
>Investing in a depreciating asset
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>>1808063
Wrong. The right car can be. A McLaren P1 more than doubled in value. So a 1-2 million dollar car doubled in value. Thats sounds like a solid investment to me since the price only goes up. But you arent going to be making real money unless you buy a limited edition, manual naturally aspirated super car.
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>>1808773
You could gave spent all that money on an S&P500 ETF in the same year and have way more money than before.

Cars need maintenance, even if they stay in your garage. Tires and service cost five figures, dampers get killed by staying around, your garage could burn down, niggers can steal it, if you drive it you could have an accident, insurance is expensive...

Never invest in a car kiddo!
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>>1808559
Thread posts: 63
Thread images: 15


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