Yippie! Got one today!

[enjoyingsilence]

Wise investments and a good job. Honestly

 

[KenT]

Michael...

Congrats to enjoysilence on the car purchase...

But it isn't hard to buy that type of car at his age of 22...

When I was in the USAF from 1976-1980 I was able to buy a 2 Bedroom house in
the beach area of San Pedro, CA and still had good money in the bank...

 

[enjoyingsilence]

Thanks thanks..

I never said it was hard.. lol.. it's just strange I guess... well some people may think so, for a 22 year old to own a luxo boat, with a back seat so big you could give birth in it.

 

[KenT]

I understand enjoy....

Just telling others that what is the big deal about being able to get a new car at age 22...

 

[KenT]

the thing that really pisses me off..

off the car topic is...

how the government without asking as usual can spend the taxpayers money bailing out so many companies and I can careless about- hey the economy will suffer- it already is- if a mom&pop store was hurting- do they come and say here is some money...

and do you think that when "AIG, Freddie Mac, and others"- were making money- they said hey lets lower our fees we are making too much...... NOT

 

[enjoyingsilence]

I understand enjoy....

Just telling others that what is the big deal about being able to get a new car at age 22...

I know I was agreeing with you... just didn't come across like that.

 

[Jerrad]

the thing that really pisses me off..

off the car topic is...

how the government without asking as usual can spend the taxpayers money bailing out so many companies and I can careless about- hey the economy will suffer- it already is- if a mom&pop store was hurting- do they come and say here is some money...

and do you think that when "AIG, Freddie Mac, and others"- were making money- they said hey lets lower our fees we are making too much...... NOT

I agree fully with you!

 

[Michael_S]

But it isn't hard to buy that type of car at his age of 22...

Well, things were different 20 and 30 years ago. In the early 1970s my father worked at a factory making $10 an hour. That isn't much today, but it was 7 times minimum wage at the time. How many 19 year olds would like to make 7 times minimum wage now? That's better than $50 an hour. A new car cost maybe $3,000 back then, and he was making more than $20,000 a year.

Now, to have money for a $36,000 car at age 22 you need to have an exceptionally good job for your age.

I respect enjoyingsilence's right not to explain. That's fine. But I think his situation is more unique than yours was.

the thing that really pisses me off..

off the car topic is...

how the government without asking as usual can spend the taxpayers money bailing out so many companies and I can careless about- hey the economy will suffer- it already is- if a mom&pop store was hurting- do they come and say here is some money...

and do you think that when "AIG, Freddie Mac, and others"- were making money- they said hey lets lower our fees we are making too much...... NOT

Well, if we're getting into politics: Fannie Mae and Freddie Mac provide money for mortgages. If they collapse, most people won't be able to get mortgages. I think that could nearly destroy the US economy all by itself.

AIG insures $1 trillion. If they collapse, the companies that depended on AIG to protect them have to cut spending in order to protect themselves. I think AIG's collapse could do as much damage as the collapse of Fannie and Freddie.

On the other hand, if you'll pardon me for showing my political leanings, I think any politician who's trying to support a major cut on corporate taxes without a tax break for the middle class, without a tax break for the poor, and without a tax break for small businesses (that is, John McCain) is totally out of his mind. I can't understand how anyone anywhere thinks McCain has a real shot at ending the recession or stopping a depression. To me it's crystal clear he's out to help the rich get richer, without any concern for anyone who isn't already rich.

 

[enjoyingsilence]

Thanks for the compliment. And not to disrespect anyone, but could we siphon off the the politics into the off topic discussion.

It can make for difficult information retrieval over brief periods of time, especially for pre-purchase consumers looking at our posts here.

 

[njohnson]

Yeah you def did something right to get such a nice car so early in life, congrats on it! I know most kids that age are just out of college (or in my case at 22 was still in college) and $50K+ in debt.

There are lots of exceptions though, many who didn't go to college and just worked their asses off or those who landed crazy jobs out of school. I know a kid that's only 24 and is the director of a lending firm already with 3 cars, motorcycles, homes, etc. He just started right out of high school so although it seems young he's really already been in the workforce 6+ years.

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[enjoyingsilence]

I'm a british citizen, and went to school in the UK. So it was paid for, for the most part. Other than that, good job definitely helps. Minimalist luxuries in life, no silly frizzily lil bits.

 

[DanTheMan]

Yeah you def did something right to get such a nice car so early in life, congrats on it! I know most kids that age are just out of college (or in my case at 22 was still in college) and $50K+ in debt.

There are lots of exceptions though, many who didn't go to college and just worked their asses off or those who landed crazy jobs out of school. I know a kid that's only 24 and is the director of a lending firm already with 3 cars, motorcycles, homes, etc. He just started right out of high school so although it seems young he's really already been in the workforce 6+ years.

A great car for an early-in-life purchase! Mine was a '74 Chevy Vega...had to work out a payment plan with the seller for the $250 purchase price when I was a freshman at school! My how times have changed....and thank our Good Lord!

Dan :>)

 

[Poopsicle]

I have ways.

That's delving into the realm of personal finances... that I don't want to share.. hope that doesn't come across as cocky.

US Navy or Lottery?

 

[enjoyingsilence]

lol... just lol to that answer.