Author Topic: Personal Stuff  (Read 18221 times)

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Offline BC_cheque

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Re: Personal Stuff
« Reply #1605 on: June 12, 2021, 01:48:05 pm »
I never understood living in an expensive city….

Well, family is here. There are more jobs.  I've been working mostly at home since the early 2010's and I live in a secluded part of the city so it doesn't really feel like a big city. 

For real-estate, I don't understand anyone who would be moving to this city but for someone like me who got lucky it's not that bad.  My dad retired in the early 2000's and gave me a rather generous lump sum for a down payment so I got in the market just before things got really stupid. 

I count my blessings for the assistance and timing for sure but I definitely won't be retiring here.  Not a chance. 
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Offline wilber

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Re: Personal Stuff
« Reply #1606 on: June 12, 2021, 02:02:56 pm »
I was over 65 when I bought the Audi, before that I had a Jetta. This was my first “up market” car. My dad always wanted a Caddy, got one on his eighties. Priorities change.
"Never trust a man without a single redeeming vice" WSC
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Offline kimmy

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Re: Personal Stuff
« Reply #1607 on: June 12, 2021, 02:11:09 pm »
I have a feeling that there will be so much change happening in the automotive industry over the next 5 years that buying something right now seems like bad timing.

For me buying something right now would be bad timing anyway and I'm hoping to make my current vehicle last long enough to have my mortgage paid off before I start thinking about a new car. Still, I think things are changing in a big way as Ford and GM are becoming serious about electric, and Volkswagen and Hyundai and others are already bringing out more electric models. I think electric vehicles have hit critical mass and it's going to snowball from here on. I'm very interested to see what kinds of things will be available in 5 years.

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Offline BC_cheque

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Re: Personal Stuff
« Reply #1608 on: June 12, 2021, 02:12:15 pm »
I was over 65 when I bought the Audi, before that I had a Jetta. This was my first “up market” car. My dad always wanted a Caddy, got one on his eighties. Priorities change.

Your dad getting a Caddy in his 80's is awesome!!

Offline BC_cheque

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Re: Personal Stuff
« Reply #1609 on: June 12, 2021, 02:14:40 pm »
I have a feeling that there will be so much change happening in the automotive industry over the next 5 years that buying something right now seems like bad timing.

For me buying something right now would be bad timing anyway and I'm hoping to make my current vehicle last long enough to have my mortgage paid off before I start thinking about a new car. Still, I think things are changing in a big way as Ford and GM are becoming serious about electric, and Volkswagen and Hyundai and others are already bringing out more electric models. I think electric vehicles have hit critical mass and it's going to snowball from here on. I'm very interested to see what kinds of things will be available in 5 years.

 -k

Agreed, a lot is about to change which is why I'm hesitant to go electric.  If I do, it'll be a lease. 

Offline BC_cheque

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Re: Personal Stuff
« Reply #1610 on: June 12, 2021, 02:22:04 pm »
I have a feeling that there will be so much change happening in the automotive industry over the next 5 years that buying something right now seems like bad timing.

For me buying something right now would be bad timing anyway and I'm hoping to make my current vehicle last long enough to have my mortgage paid off before I start thinking about a new car. Still, I think things are changing in a big way as Ford and GM are becoming serious about electric, and Volkswagen and Hyundai and others are already bringing out more electric models. I think electric vehicles have hit critical mass and it's going to snowball from here on. I'm very interested to see what kinds of things will be available in 5 years.

 -k

There is one thing that's standing in the way of EV's trajectory.  All the apartments and condos built prior to 2015 have no capacity for them so it rules out a good segment of the population, and unfortunately, of the demographic that would want an EV.

ETA - Kia is coming up with a fast-charge, long range EV6 which you can charge once a week or two.  Something like that would be a game changer for the condo dwellers but the price range will be 55-70K from what I've read.
« Last Edit: June 12, 2021, 02:25:23 pm by BC_cheque »

Offline Dia

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Re: Personal Stuff
« Reply #1611 on: June 12, 2021, 02:28:07 pm »
I've thought that way all my life.  I've driven Hyundai, Mazda, Chevy, all the affordable makes.  Like I said, this is totally new to me, prompted really by where I am in life.  I don't really go out anymore and spend money.  I'm not into expensive clothes or jewelry.  Given the age gaps between my kids and my older one's hormones, family vacations are scarce.  My mortality is sinking in as I realise I am not that far off from the age where my dad started mental decline.  It feels like it's a perfect storm for a midlife crisis car.

Having said that, I'm still frugal.  I'm going to put maybe $20K down to keep my payments low and when I say 'expensive' it's relative to my previous cars.  There is no way I'm going to buy a car that's worth my mortgage.

I've never had a new vehicle; the closest was our current car, a 2010 Mercedes B200, which had under 20,000 kms on it when - still smelled new.  We got it in 2017, paid $14,000 cash and hope it'll be our last car.  I like not having a car payment.  :) 

I think if you want to buy a really nice car, you should.  It'll feel good every time you drive it and that's important, in my opinion. 

Also, congratulations on where you are in your life - it sounds like a good place to be.  (Minus the hormonal youngster.)

Offline kimmy

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Re: Personal Stuff
« Reply #1612 on: June 12, 2021, 03:22:12 pm »
There is one thing that's standing in the way of EV's trajectory.  All the apartments and condos built prior to 2015 have no capacity for them so it rules out a good segment of the population, and unfortunately, of the demographic that would want an EV.

ETA - Kia is coming up with a fast-charge, long range EV6 which you can charge once a week or two.  Something like that would be a game changer for the condo dwellers but the price range will be 55-70K from what I've read.

As someone who lives in an older building, this is a concern for me. One of the reasons why a PHEV appeals. I could charge it up when opportunity presents without worrying too much. Also being able to fill up with gas on long drives (most drives are long drives when I leave Kim City) would make planning road trips easier.

One of my co-workers bought a Kia Niro PHEV last fall; she filled up the tank in November and it's still half full.

 -k
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Offline BC_cheque

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Re: Personal Stuff
« Reply #1613 on: June 12, 2021, 03:27:16 pm »
I've never had a new vehicle; the closest was our current car, a 2010 Mercedes B200, which had under 20,000 kms on it when - still smelled new.  We got it in 2017, paid $14,000 cash and hope it'll be our last car.  I like not having a car payment.  :) 

I think if you want to buy a really nice car, you should.  It'll feel good every time you drive it and that's important, in my opinion. 

Also, congratulations on where you are in your life - it sounds like a good place to be.  (Minus the hormonal youngster.)

Wow, what a score!  Do you want to look for a car for me with that luck?  And thanks, it's been an interesting journey.

Offline MH

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Re: Personal Stuff
« Reply #1614 on: June 12, 2021, 04:10:34 pm »
Wow, this thread!

Our household income is north of 200k but I would rather eat out every night than spend $1,000 a month on a car, or go fun three European trips then spend $1,000 a month on a car, or save for retirement and spend $1,000 a month on a car.

I already explained the reasons for living in a big city. Although now with work at home it's going to be harder to justify ...

Offline the_squid

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Re: Personal Stuff
« Reply #1615 on: June 12, 2021, 04:33:20 pm »
The A3 and TT both come in RS models. 2.5L 5 cylinder engines 400 HP. Pocket super cars but the RS3 is over $65K and the TTRS over $75K.

I know!  They’re amazing!   I’ve always really like the TT, particularly the RS.  My friend’s Audis both have the 3.2L V6.  It’s a VW group engine and he has a lot of experience working on them, so he does all the mechanical stuff himself.  Great little engines too!  He bought them both used. 
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Offline BC_cheque

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Re: Personal Stuff
« Reply #1616 on: June 12, 2021, 04:40:56 pm »
Wow, this thread!

Our household income is north of 200k but I would rather eat out every night than spend $1,000 a month on a car, or go fun three European trips then spend $1,000 a month on a car, or save for retirement and spend $1,000 a month on a car.

I already explained the reasons for living in a big city. Although now with work at home it's going to be harder to justify ...


If the kids were older, travel would definitely take priority over a nice car, but right now the thought of spending time in Europe with my angry tween and difficult preschooler is a nightmare.  I'd rather pluck my hair out one strand at a time.

For better or for worse, my retirement is set because of the real estate lottery I won growing up in Vancouver.  I don't drink much anymore so going out and blowing a few hundred on drinks and dinner isn't my thing any more.

Everyone's situation is different. 
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Offline the_squid

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Re: Personal Stuff
« Reply #1617 on: June 12, 2021, 04:41:26 pm »
I had my house paid off for the last few years (bought into the market cheap!), so I can afford a few luxuries.  And exactly because things are changing like crazy in the auto industry, I went out and bought my dream-car a couple years ago….  A Ford Focus!   This particular focus is the RS model, built in Germany….  AWD…. Sportier looks…. Sportier engine…. Sportier everything.   The quintessential ’Hot Hatch’!

I’ve always been a ‘car-guy’.

But I can see getting an electric runabout in the next few years….  As soul-sucking as that might be…. Haha
« Last Edit: June 12, 2021, 04:43:42 pm by the_squid »

Offline MH

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Re: Personal Stuff
« Reply #1618 on: June 12, 2021, 04:43:17 pm »

If the kids were older, travel would definitely take priority over a nice car, but right now the thought of spending time in Europe with my angry tween and difficult preschooler is a nightmare.  I'd rather pluck my hair out one strand at a time.

For better or for worse, my retirement is set because of the real estate lottery I won growing up in Vancouver.  I don't drink much anymore so going out and blowing a few hundred on drinks and dinner isn't my thing any more.

Everyone's situation is different.

I just don't get it. 

It just seems like a ton of money.  Like if everybody wore $600 sneakers and I was just wearing my Costco nylon kickers...

I mean, good for you if you love it, but to me you're all dupes, kinda... sorry...

Offline BC_cheque

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Re: Personal Stuff
« Reply #1619 on: June 12, 2021, 04:52:00 pm »
I had my house paid off for the last few years (bought into the market cheap!), so I can afford a few luxuries.  And exactly because things are changing like crazy in the auto industry, I went out and bought my dream-car a couple years ago….  A Ford Focus!   This particular focus is the RS model, built in Germany….  AWD…. Sportier looks…. Sportier engine…. Sportier everything.   The quintessential ’Hot Hatch’!

I’ve always been a ‘car-guy’.

But I can see getting an electric runabout in the next few years….  As soul-sucking as that might be…. Haha

Your Ford Focus sounds fantastic! 

The Kia EV6 looks really interesting to me even though it's a Kia.  Super fast charge, long range, AWD.  I've looked at other EV's and none of them really appealed to me like this one does for some reason.  I'm holding off buying anything until I see it, it'll be out in the fall.