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Should i get a BMW X6 or MCB GLE ? NEED YOUR HELP. Made lifen changing money

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djefferis

djefferis

Joined
Jan 8, 2024
Messages
2,634
Avoid a GLE.

The X6 - I’m not as familiar with - are they all hybrids ? I’m not a fan of the current hybrid technology.

I’d absolutely do a Genesis or Kia Sorento high trim over a GLE. Wife is a lux car fan and insist on having a SUV / so we have both. The Sorento is a prestige-X Line. It’s nice - GV70 though is a true luxury car though.

Have owned Audi - of all the German makes - I like VW the best - but your talking best of the worst. Damn things are overly complicated - costly to maintain and simply not that much nicer than the Korea or Japanese brands. I’d much rather buy a higher trim of a common name than a low trim or
used German vehicle that’s 4+ years old. There’s a reason why they dont lease this stuff more than 3-4 years and its because they have no interest in owning one themselves.
 

JDS

JDS

Joined
Dec 11, 2021
Messages
46,678
Congratulations on your six figure account I hope you and I can amend our conflict as we got off to a very rough start. If you can’t move on from that then no big deal as well.
 

djefferis

djefferis

Joined
Jan 8, 2024
Messages
2,634
If this is life-changing money to you, then in my opinion, I would not spend it on a vehicle, just a quick thought.

Stupidest thing anyone can do is score a big win and toss it all on a depreciating asset that is costly to maintain.

Cars easily fit that in general - but homes can too.

There’s a time and place for them of course - and that times AFTER you have built a cash flow stream and have a solid amount in the bank.

How many people rush out to buy a nice home after a lotto win - only to be in the street a few years later. Taxes/insurance ain’t free and on a nice home add up quickly.

Now if you wanna lose your ass quickly - buy yourself a boat. Nothing screams CHUMP like the guy pulling into the marina with a brand new boat on a trailer. $5 a gallon gas - stupid maintenance cost and you’ll use it 4 weekends a year typically.
 

JDS

JDS

Joined
Dec 11, 2021
Messages
46,678
Stupidest thing anyone can do is score a big win and toss it all on a depreciating asset that is costly to maintain.

Cars easily fit that in general - but homes can too.

There’s a time and place for them of course - and that times AFTER you have built a cash flow stream and have a solid amount in the bank.

How many people rush out to buy a nice home after a lotto win - only to be in the street a few years later. Taxes/insurance ain’t free and on a nice home add up quickly.

Now if you wanna lose your ass quickly - buy yourself a boat. Nothing screams CHUMP like the guy pulling into the marina with a brand new boat on a trailer. $5 a gallon gas - stupid maintenance cost and you’ll use it 4 weekends a year typically.
@footballfan1990124 listen to this man he knows a thing or two about money and how to keep it.
 

patrickbateman

patrickbateman

Joined
Jul 11, 2024
Messages
1,261
Stupidest thing anyone can do is score a big win and toss it all on a depreciating asset that is costly to maintain.

Cars easily fit that in general - but homes can too.

There’s a time and place for them of course - and that times AFTER you have built a cash flow stream and have a solid amount in the bank.

How many people rush out to buy a nice home after a lotto win - only to be in the street a few years later. Taxes/insurance ain’t free and on a nice home add up quickly.

Now if you wanna lose your ass quickly - buy yourself a boat. Nothing screams CHUMP like the guy pulling into the marina with a brand new boat on a trailer. $5 a gallon gas - stupid maintenance cost and you’ll use it 4 weekends a year typically.
Guy wins $100,000 and wants to buy a car he can't afford to maintain.

He should compare notes with Brock Landers on how not to handle money.

Probably lives in a one bedroom studio.

80% of the people in the world are stupid when it comes to money.

He should give me $5,000 and let me kick him the nuts a few times.

Life changing?
 

djefferis

djefferis

Joined
Jan 8, 2024
Messages
2,634
A very smart man once told me - “I’m a crook - but if I had been an educated crook I’d have been out stealing dollars rather than nickels from these morons”. This was in regards to my leaving college and going to work because the $$ was better than anything I’d make leaving college.

Point being - no matter how much you make - if you don’t how to manage it and maintain it - your gonna do stupid shit and worse someone is going to rob you blind because your too stupid to know who to trust.

Ultimately I got my education - by doing the wrong things and learning. Did the new car thing - had every damn toy imaginable - but no savings account/401k. Hey - I had a 100k income at 27 and a paid off house and was single - why shouldn’t I enjoy myself and what I worked for.

Well - turns out not everything in life will go your way and there will be peaks and valleys - and making your way out of a valley is a hell of a lot easier when you have a few dollars backing you and not just a semi new car and a wallet full of credit cards.

Again - I’m not one of those Dave Ramsey types walking around telling people not to enjoy their money / just saying the law of diminishing returns applies to a lot of things including cars.
 
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