Author Topic: Classic car call-out  (Read 17151 times)

DeltaBond

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Re: Classic car call-out
« Reply #50 on: December 27, 2014, 05:00:23 PM »
1985 Mercedes Benz 300TDL (wagon, 30mpg)

pga

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Re: Classic car call-out
« Reply #51 on: December 28, 2014, 11:11:27 AM »
1988 Pontiac Fiero GT, manual transmission.

frpeebles

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Re: Classic car call-out
« Reply #52 on: December 28, 2014, 06:49:27 PM »
Despite the feel of the blog and much of the forum it's actually ok to spend money on things you enjoy. If MMM has convinced himself that the peak of human enjoyment is found while digging in the ground with a stick or winter walks that's fine but this world is full of more badass experiences than you can shake a stick at and I plan to try as many as I can. Go spend a bit of money on a car. Maybe keep both for a while and see if you enjoy wrenching. Overall it won't mean shit to your finances but could mean a great deal to you personally.

Agreed.

Due to my vehicles and main hobby (road racing), I have the carbon footprint of a panzer tank. However, it's really what made me buckle down and control my finances at a younger age (the less debt I have, the more racing I can afford!)

Now that I don't race as seriously, I can even more comfortably stash for FI.

*All 5 vehicles on my property are V8s, including my evil 6-wheeled F350 diesel that makes 800+ft/lb of torque. ;)

Very nice. Personally I'd take being the on a race track or a dirt bike over getting my wiener wet. It's about as enjoyable as activities get for me. Now I just need to make the mgs from a turbocharged Toyota to a high strung N/A Porsche.



TreeTired

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Re: Classic car call-out
« Reply #53 on: December 28, 2014, 07:28:42 PM »
I have a 68 Corvette that I bought in 1999.   I have really enjoyed working on it -  maintenance and a few repairs -  and all the people I have met through car clubs and car related events.   I might be one major repair away from selling it though, because I sure don't want to pay anyone to work on it and it's not getting easier to work on it.   Insurance is less than $300/year.  It is most definitely a hobby/entertainment and not transportation. 

bzzzt

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Re: Classic car call-out
« Reply #54 on: December 28, 2014, 07:42:00 PM »
Very nice. Personally I'd take being the on a race track or a dirt bike over getting my wiener wet. It's about as enjoyable as activities get for me. Now I just need to make the mgs from a turbocharged Toyota to a high strung N/A Porsche.

Lots more smiles/$ from domestic V8s and the right chassis modifications. Just like FI, lots to be gleaned from books (Chassis Engineering, Engineer to Win, etc). My next race car will cost ~$8000. Could be applied to a track day/street car for about the same money.

Diesel truck reduces your fuel cost, enclosed trailer doubles as sleeping quarters to save on hotels, and instruct newer drivers to save on entry fees once you've built up your own experience. Buying used equipment from guys getting out for nickels/dollar helps too.

The old saying still holds true though: Know how to make a small fortune in racing? Start with a big one. :(

Russelsage

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Re: Classic car call-out
« Reply #55 on: December 29, 2014, 11:36:26 PM »
This is something I need help with, the part of me that loves cars always fights w/ the part of me that loves money.  I make about 100k a year, and live on about 20k a year (in LA which is no easy feat), I drive a boring sensible 2002 car that will probably go forever and is very cheap to own.  I'm not married and have no kids, and I LOVE cars,  I REALLY want to have one nice vehicle, newer cars aren't overly interesting, and within a few years the body styles change so drastically something new looks like it's 10 years old in a few years....I'd rather spend 20-30k on a nice classic that I can enjoy, but I always think about how much more it will cost in repairs, gas, etc.  What do I do??

Despite the feel of the blog and much of the forum it's actually ok to spend money on things you enjoy. If MMM has convinced himself that the peak of human enjoyment is found while digging in the ground with a stick or winter walks that's fine but this world is full of more badass experiences than you can shake a stick at and I plan to try as many as I can. Go spend a bit of money on a car. Maybe keep both for a while and see if you enjoy wrenching. Overall it won't mean shit to your finances but could mean a great deal to you personally.

Thank you for making me laugh and realizing that it's okay.  I'm trying to find the balance between having a comfortable retirement and not completely depriving myself of everything at age 33.  I'm pretty good at being frugal without feeling and looking poor (unlike MMM I'm unmarried so I prefer not to look like I'm broke since I'm not going to just tell a random girl I'm seeing what my net worth is).

I just don't see a car as simple a ridiculous thing we should never use unless we have to, I really see beauty in them see it as a quantifiable example of my personality and how hard I work.  Which is why I could never drive a Scion or Honda minivan. 

When I was in high school I owned a 1972 Westfalia Campmobile and it was the best vehicle I've ever owned, I could actually work on it since it was so simple, it was unique, fun to drive, it had everything (including the kitchen sink) a 1700cc Porshe pancake w/ twin Weber carbs, I loved it, everyone loved it.  Of course I wrecked it like a moron, but ever since then I've always bought reliable cheap used cars because it was just transportation and I felt like it was stupid to spend so much on a new car since they're all ugly and in three years everyone can tell it's "last years model". 

Anyway thank you for the advice, now I just need my current car to have a catastrophic failure so I can justify getting rid of it since it will probably run forever otherwise!

JLee

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Re: Classic car call-out
« Reply #56 on: January 01, 2015, 04:12:39 PM »
This is something I need help with, the part of me that loves cars always fights w/ the part of me that loves money.  I make about 100k a year, and live on about 20k a year (in LA which is no easy feat), I drive a boring sensible 2002 car that will probably go forever and is very cheap to own.  I'm not married and have no kids, and I LOVE cars,  I REALLY want to have one nice vehicle, newer cars aren't overly interesting, and within a few years the body styles change so drastically something new looks like it's 10 years old in a few years....I'd rather spend 20-30k on a nice classic that I can enjoy, but I always think about how much more it will cost in repairs, gas, etc.  What do I do??

Despite the feel of the blog and much of the forum it's actually ok to spend money on things you enjoy. If MMM has convinced himself that the peak of human enjoyment is found while digging in the ground with a stick or winter walks that's fine but this world is full of more badass experiences than you can shake a stick at and I plan to try as many as I can. Go spend a bit of money on a car. Maybe keep both for a while and see if you enjoy wrenching. Overall it won't mean shit to your finances but could mean a great deal to you personally.

Thank you for making me laugh and realizing that it's okay.  I'm trying to find the balance between having a comfortable retirement and not completely depriving myself of everything at age 33.  I'm pretty good at being frugal without feeling and looking poor (unlike MMM I'm unmarried so I prefer not to look like I'm broke since I'm not going to just tell a random girl I'm seeing what my net worth is).

I just don't see a car as simple a ridiculous thing we should never use unless we have to, I really see beauty in them see it as a quantifiable example of my personality and how hard I work.  Which is why I could never drive a Scion or Honda minivan. 

When I was in high school I owned a 1972 Westfalia Campmobile and it was the best vehicle I've ever owned, I could actually work on it since it was so simple, it was unique, fun to drive, it had everything (including the kitchen sink) a 1700cc Porshe pancake w/ twin Weber carbs, I loved it, everyone loved it.  Of course I wrecked it like a moron, but ever since then I've always bought reliable cheap used cars because it was just transportation and I felt like it was stupid to spend so much on a new car since they're all ugly and in three years everyone can tell it's "last years model". 

Anyway thank you for the advice, now I just need my current car to have a catastrophic failure so I can justify getting rid of it since it will probably run forever otherwise!
Oh good. Sometimes it feels like I'm the only one here, with my horrifying oil-guzzling (or corn, as the MR2 runs on E85) collection that I love.

frpeebles

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Re: Classic car call-out
« Reply #57 on: January 05, 2015, 12:51:42 PM »
This is something I need help with, the part of me that loves cars always fights w/ the part of me that loves money.  I make about 100k a year, and live on about 20k a year (in LA which is no easy feat), I drive a boring sensible 2002 car that will probably go forever and is very cheap to own.  I'm not married and have no kids, and I LOVE cars,  I REALLY want to have one nice vehicle, newer cars aren't overly interesting, and within a few years the body styles change so drastically something new looks like it's 10 years old in a few years....I'd rather spend 20-30k on a nice classic that I can enjoy, but I always think about how much more it will cost in repairs, gas, etc.  What do I do??

Despite the feel of the blog and much of the forum it's actually ok to spend money on things you enjoy. If MMM has convinced himself that the peak of human enjoyment is found while digging in the ground with a stick or winter walks that's fine but this world is full of more badass experiences than you can shake a stick at and I plan to try as many as I can. Go spend a bit of money on a car. Maybe keep both for a while and see if you enjoy wrenching. Overall it won't mean shit to your finances but could mean a great deal to you personally.

Thank you for making me laugh and realizing that it's okay.  I'm trying to find the balance between having a comfortable retirement and not completely depriving myself of everything at age 33.  I'm pretty good at being frugal without feeling and looking poor (unlike MMM I'm unmarried so I prefer not to look like I'm broke since I'm not going to just tell a random girl I'm seeing what my net worth is).

I just don't see a car as simple a ridiculous thing we should never use unless we have to, I really see beauty in them see it as a quantifiable example of my personality and how hard I work.  Which is why I could never drive a Scion or Honda minivan. 

When I was in high school I owned a 1972 Westfalia Campmobile and it was the best vehicle I've ever owned, I could actually work on it since it was so simple, it was unique, fun to drive, it had everything (including the kitchen sink) a 1700cc Porshe pancake w/ twin Weber carbs, I loved it, everyone loved it.  Of course I wrecked it like a moron, but ever since then I've always bought reliable cheap used cars because it was just transportation and I felt like it was stupid to spend so much on a new car since they're all ugly and in three years everyone can tell it's "last years model". 

Anyway thank you for the advice, now I just need my current car to have a catastrophic failure so I can justify getting rid of it since it will probably run forever otherwise!
Oh good. Sometimes it feels like I'm the only one here, with my horrifying oil-guzzling (or corn, as the MR2 runs on E85) collection that I love.

If your MR2 runs on E85 I'm guessing it's pretty interesting to drive. Dat boost