Quote:
Originally Posted by FriskyDingo
Fair enough. And I guess yes, it is more a debate of one's perception of financial stability/situation.
Even then though, there are so many factors to take into account. Two people could make the same amount of money, but if one chooses to spend a greater portion of their earnings on going out, clothes, events, etc, etc, that other individual might be able to afford and justify spending more on their car. It just comes down to priorities and cash flow to other areas.
I probably spend a healthy amount more on cars than other people with similar income. But I don't have any other expensive hobbies or interests. I don't needlessly blow money on frivolous items. My wife and kids and I don't go out to eat every other night of the week.
Therefore I feel it is okay to spend more money on cars because I spend less in other areas. That's what makes me happy, so it's worth it to me. Maybe in the future that will change, but for now, I'm good with it.
|
You have disposable income and you have a preference as to how you would like to prioritize things.
I'd also like to add that sometimes the best choice isn't always the best financial one. Much like everything else, there has to be a balance. A BMW isn't the cheapest car out there. It's not 100% financially responsible when you can get a perfectly reliable and functioning Camry for less money. But what fun is that? My CPO cars were Audis... not the best financial choice, but the emotional satisfaction was the best for the price.