Dealers are getting cars. There’s one in NYS with 4 new ones in transit(built and shipped). I’m actually going to call them about 1 of them. If they have it coming in why would I wait until June for mine.
No, but cash buy or not (i am too) we'd have to define "afford" since I'd still say if you can't 'afford' the gas the you can't afford the car.
Yeah, well. said. I attribute it to growing up poorer than a church mouse, working my way through corporate american, then starting my own business without taking a dime of other people's money. My friends simply refer to it as being cheap. IDK, I did buy a $180k boat for our lake house last November, so I am not opposed to spending money, I guess I am just ranting about the current state of affairs we find ourselves in and misery loves company... That said, I'm am heading to the MB dealership right now to check out a 450 just for fun.
Wow, your level of concern is WAY lower than mine! Having lived in Minnesota and California for the last 30 years of adulthood gas would have to get to $7/gal for me to complain about it ... I could be wrong but $5/gal gas seems like the norm in my adult life so anything below $5 is like BONUS!
fair point, it is all relative. Perhaps my worries is that your new norm becomes $10 a gallon and my new norm becomes $7-$8 a gallon. If the MB EQB were out right now, I'd probably order it for my wife's DD and keep our 7 pass Rover for longer trips and summers at the lake. I may push the Mach e and keep the rover concept in front of her just to see what she says! We have a teen that is two years away from driving, so that would save me buying another car! Or, I can just work harder and make more money, there's always that!
I hear ya - I'll get an EV for a DD if I'm in a position to have home charging infrastructure, but am not now as I'm kinda ronin these days - that's what the 'gator will be for is road trips. EVs just can't do those right yet - as an example, over the summer I was on a 3 hour drive through the mountains that ended up being 6+ hours due to a sudden fire that more/less shut down the freeway while we were at the top of the mountain. There were a few emergency gas stations there, but zero charging stations.
It isn't as simple as that. Orders are built in the order they are received as closely as possible but there are also option considerations that come into play.
Quick question regarding paying cash. My husband and I could pay cash as well but with interest rates so low, why wouldn’t you finance it and put that cash in an investment that could earn you three times the interest rate you’re paying? Just wondering your thoughts on this as we’ve always gone back and forth about whether to pay cash for a car.
Good question. Do you know of an investment right now that could earn me close to 6% interest. If so, I am moving my over to that right now! From what I am seeing, the lowest rate is 1.9% on 36 months via FCCC. If you are talking dividend stock, I would do that maybe last year or when 45th took office as I could easily make money; now, with current affairs, not so much. Maybe oil, but 25% of my portfolio is in oil stocks that I bought when (then president) Trump announced that oil was so low that he was filling up the reserves at the cheap price. I always watch presidential addresses with my trading account opened and that stock has tripled since I bought in early 2020. It's the only shinning start for me right now
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Thanks for the reply. We actually averaged 8% return last year in our investments with Northwestern Mutual. I think we are definitely less risk averse than you may be. Not sure of your age but we are in our mid 40’s and aside from our investments with Northwestern, we have a pretty sizable 401k with our employer. So that helps for sure. Given our age we are able to be more aggressive with our investments, but that will change in about five years as my husband would like to be able to retire, if he wants, at age 55.Good question. Do you know of an investment right now that could earn me close to 6% interest. If so, I am moving my over to that right now! From what I am seeing, the lowest rate is 1.9% on 36 months via FCCC. If you are talking dividend stock, I would do that maybe last year or when 45th took office as I could easily make money; now, with current affairs, not so much. Maybe oil, but 25% of my portfolio is in oil stocks that I bought when (then president) Trump announced that oil was so low that he was filling up the reserves at the cheap price. I always watch presidential addresses with my trading account opened and that stock has tripled since I bought in early 2020. It's the only shinning start for me right now
That said, I could also take money out of our house, or our lake house which we paid cash for, but I am not willing to risk the money. Comfort vs. stress equation. I am risk averse for sure. Personally, I like knowing that if fit hit the shan, I have a place no one can take away. I am fortunate in that I don't have a desire for tons of money mostly because I have everything I ever wanted without being rich, so I can be risk averse and still be comfortable and happy about my station in life (above the below and below the upper).
If there were a no risk scenario that paid me 3x the loan interest rate, I'd take out every dollar of equity on our houses ASAP. Of course, so would everyone else. in the great words of the old lady in the commercial, "that's not how it works, that's not how any of this works..."
But, get your point and for those less risk averse than me, it's not a bad plan. I was just always taught by really rich people to never finance a depreciating asset. The CEO of a company I use to work for asked me if I could afford the porsche I had just bought. I assured him that I could and he well knew it based on my salary. He said, "did you finance it?". I said, "yes" and his response was, "then you can't afford it" and "if you have to finance a depreciating asset, you probably can't afford it"
So, hope that wasn't TLDR. As I mentioned, my views are shaped a lot by growing up poor. So there's that! Good luck getting your rig.
Obviously real estate is a better investment than a Navigator. But they are so nice to drive!
My interior is sandlewood and I’m still scheduled for first week of May. Reserve L, no ent system.
Same here.
I have sandstone is that the same thing?
Oh yes, sorry. Sandstone. The lighter tan color interior.
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