What to do...

[This Ya Boy]

I was just wondering what you guys say when people say putting money into your car is a waste, especially when its a used car.

I have been going back and forth on whether I'll do anything to my car ever because I'm sure once I graduate college (in 2 years) I can put a solid amount on a brand new car like a bmw (I have a thing for beamers).

I'm just looking at both sides of the spectrum. What would you guys do or say?

[jT]

bmw is way overrated.

but who cares what people say, do what you want to do. new car, old car, whatever. its your car, your money, your life, you drive it. end of story.

this is too similar to all the threads asking what kind of wheels to get or what kind of exterior change to do.. when nobody here has to drive or be seen in the car except for the owner.

just remember that in 2 years youll probably have to pay $8/gal for premium gas for your bmw, so you better troll for a lot of pu$$y to make it feel like its worth having that "status" look that you cant get with a toyota corolla or something

[Paul56]

I was just wondering what you guys say when people say putting money into your car is a waste, especially when its a used car.

I have been going back and forth on whether I'll do anything to my car ever because I'm sure once I graduate college (in 2 years) I can put a solid amount on a brand new car like a bmw (I have a thing for beamers).

I'm just looking at both sides of the spectrum. What would you guys do or say?

I've been through all of that.

Consider acquiring financial resources when you are young so you can reap the rewards of compounding and growth over a long period of time. This will give you financial independence & clout when you get older but you need to be disciplined to achieve this and able to put off acquisitions such as a Beemer until later.

Consider placing the bulk of your financial resources into things that appreciate in value rather than items that depreciate in value such as cars.

I'm all for putting money into vehicle maintenance... whether the car is newer or a used one. Looking after it makes ownership more enjoyable... reduces the risk for unexpected breakdowns... increases the life expectancy of the vehicle.

[This Ya Boy]

I like both responses! Thanks guys, makes me feel a little better.

[rOniN]

I say it depends on your job. If you can afford to not have to save every penny then go for it. You have to live a little bit otherwise life is a waste. Have some fun and do what you want for the most part. Save when you can and play when you can and you will be fine.

Retirement plans or pentions are nice things and will help you out when you are older. If you get a bonus at work or something put it into something that will make you money and do that everytime you come into extra cash.