An new entry level subcompact ($10,000-$15,000 in the USA) can be purchased by money saved up from a low end job in a much shorter time than "a few years". And used cars are even cheaper than that.
If you don't pay for those cars in cash, then you are engaging in a very financially risky hobby. Even if you pay in cash, it is only a tad less risky.
There is nothing wrong with being "into" fast cars. There are a lot of worse things to be "into". Just please don't borrow money to finance this hobby. Save up money and buy it outright.
Don't confuse depreciating at a lower rate with not depreciating. It is true that these cars are worth more than most used cars, but they are still going down in value, albeit much slower than most...
You didn't read my posts carefully enough. I don't think that a person who can afford to buy a nice car is doing a stupid thing by buying one, as long as he pays cash. Also, if he can afford to buy a...
By the way, forget a couple of grand a month. Even one grand a month can add up rather quickly. Doing that will give you 30 grand in 2.5 years to put...
Do you really need a new car every few years to enjoy the "experience of driving"? If you buy a car new or slightly used, and keep it maintained properly, you can have many years of driving...
That is your problem, not mine, and if you want to solve that problem by going into debt every two years to buy an expensive item that will go down in value, that is your right, but it is a stupid...
