Comments on: Want Vs Need: Stacie got a new car http://www.cleverdude.com/content/want-vs-need-stacie-got-a-new-car/ Family, Marriage, Finances & Life Fri, 19 Mar 2010 20:57:40 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: Witnessing the Rising Value of Small Cars Firsthand at Clever Dude Personal Finance & Money http://www.cleverdude.com/content/want-vs-need-stacie-got-a-new-car/#comment-26495 Witnessing the Rising Value of Small Cars Firsthand at Clever Dude Personal Finance & Money Fri, 01 Aug 2008 17:46:51 +0000 http://www.cleverdude.com/articles/finances/want-vs-need-stacie-got-a-new-car/#comment-26495 [...] truck’s value firsthand, but now I’ll put a positive spin on things. Almost a year ago, we bought a used 2005 MINI Cooper. This was just after ridding ourselves of a crappy 2005 Chevrolet Malibu that we paid WAYYY too [...] [...] truck’s value firsthand, but now I’ll put a positive spin on things. Almost a year ago, we bought a used 2005 MINI Cooper. This was just after ridding ourselves of a crappy 2005 Chevrolet Malibu that we paid WAYYY too [...]

]]> By: Susan http://www.cleverdude.com/content/want-vs-need-stacie-got-a-new-car/#comment-14759 Susan Mon, 05 Nov 2007 23:54:30 +0000 http://www.cleverdude.com/articles/finances/want-vs-need-stacie-got-a-new-car/#comment-14759 Cleverdude and Cleverdudette, I have read all the comments and really wonder about some people. This may not be the best financial decision you could have made - but, come on...how old are you, live a little! If having a spiffy new little car makes your day then go for it. Having lived as an adult for over 40 years, I can promise you that there will be times in your life when the "best" financial decision just doesn't cut it. Yes, you have to be responsible - but, what happened to everything in moderation. Just make sure you don't get yourself buried into serious debt with no way out. Right now, you are both young and have full careers ahead of you. Congrats Cleverdude for returning to school - education is valuable and a solid investment in yourself. Enjoy your car, enjoy being young, enjoy life. I will think of you, Stacy, on my commute tonight everytime I see a little MINI. Cleverdude and Cleverdudette,

I have read all the comments and really wonder about some people. This may not be the best financial decision you could have made – but, come on…how old are you, live a little! If having a spiffy new little car makes your day then go for it. Having lived as an adult for over 40 years, I can promise you that there will be times in your life when the “best” financial decision just doesn’t cut it. Yes, you have to be responsible – but, what happened to everything in moderation. Just make sure you don’t get yourself buried into serious debt with no way out. Right now, you are both young and have full careers ahead of you. Congrats Cleverdude for returning to school – education is valuable and a solid investment in yourself.

Enjoy your car, enjoy being young, enjoy life. I will think of you, Stacy, on my commute tonight everytime I see a little MINI.

]]> By: Reality http://www.cleverdude.com/content/want-vs-need-stacie-got-a-new-car/#comment-14283 Reality Tue, 23 Oct 2007 17:51:41 +0000 http://www.cleverdude.com/articles/finances/want-vs-need-stacie-got-a-new-car/#comment-14283 If you really want to get out of debt, you'll stop spending so much money on cars. If you really want to build wealth, you'll stop investing so much money in depreciating assets. Right now you just want to have nice cars. That's the bottom line. For real though, enjoy the car! My parents have one (convertible) and I love driving it. If you really want to get out of debt, you’ll stop spending so much money on cars. If you really want to build wealth, you’ll stop investing so much money in depreciating assets. Right now you just want to have nice cars. That’s the bottom line.

For real though, enjoy the car! My parents have one (convertible) and I love driving it.

]]> By: Phil http://www.cleverdude.com/content/want-vs-need-stacie-got-a-new-car/#comment-14274 Phil Tue, 23 Oct 2007 15:43:20 +0000 http://www.cleverdude.com/articles/finances/want-vs-need-stacie-got-a-new-car/#comment-14274 Clever Dude, I did the stupid "I just graduated college and I'm going to finance the car I've wanted for 4 years" thing. I've been driving my '06 MINI Cooper S since June '06, and still absolutely love it. I probably could (should?) sell it and buy something a bit better on gas but really, I have a 45 mile commute each way, why shouldn't it be in a car that I absolutely love to drive? It sounds like Stacie is in a similar mindset. If you guys have a plan to pay for it, she's wanted it for 4 years so it wasn't just a rash decision, and you got a good deal on it, enjoy it! The "new car eyes" don't go away. Clever Dude,
I did the stupid “I just graduated college and I’m going to finance the car I’ve wanted for 4 years” thing. I’ve been driving my ‘06 MINI Cooper S since June ‘06, and still absolutely love it. I probably could (should?) sell it and buy something a bit better on gas but really, I have a 45 mile commute each way, why shouldn’t it be in a car that I absolutely love to drive? It sounds like Stacie is in a similar mindset. If you guys have a plan to pay for it, she’s wanted it for 4 years so it wasn’t just a rash decision, and you got a good deal on it, enjoy it! The “new car eyes” don’t go away.

]]> By: Day 526: Sleepy, Foggy Day http://www.cleverdude.com/content/want-vs-need-stacie-got-a-new-car/#comment-13623 Day 526: Sleepy, Foggy Day Sun, 07 Oct 2007 01:13:13 +0000 http://www.cleverdude.com/articles/finances/want-vs-need-stacie-got-a-new-car/#comment-13623 [...] on our “mini” vacation right now. No, not that kind of Mini, just small vacation. This is a free getaway for us, so the only thing that we are paying for is [...] [...] on our “mini” vacation right now. No, not that kind of Mini, just small vacation. This is a free getaway for us, so the only thing that we are paying for is [...]

]]> By: Jonathan http://www.cleverdude.com/content/want-vs-need-stacie-got-a-new-car/#comment-13587 Jonathan Sat, 06 Oct 2007 14:52:19 +0000 http://www.cleverdude.com/articles/finances/want-vs-need-stacie-got-a-new-car/#comment-13587 Malibu to Mini Cooper - Sweet upgrade! As long as you are progressing towards your goals to your satisfaction, I don't see any need for justification. Another part of opening one's finances to the public is to realize someone will always disagree with your spending decisions - just don't let it make you enjoy the Mini any less :) Malibu to Mini Cooper – Sweet upgrade!

As long as you are progressing towards your goals to your satisfaction, I don’t see any need for justification.

Another part of opening one’s finances to the public is to realize someone will always disagree with your spending decisions – just don’t let it make you enjoy the Mini any less :)

]]> By: BeyondtheConsumer http://www.cleverdude.com/content/want-vs-need-stacie-got-a-new-car/#comment-13497 BeyondtheConsumer Thu, 04 Oct 2007 15:45:28 +0000 http://www.cleverdude.com/articles/finances/want-vs-need-stacie-got-a-new-car/#comment-13497 Since everything has been discussed pretty well, I'll mention something new. Get that 0% card paid off quick! Yes it is 0%, but unlike a your 6.5% term loan it's not a fixed rate. One slip (like them not processing a payment on time), or even a arbitrary decision by the card company (who might pull a report and decide you have too much debt and revoke your 0%, or you just fit in some random computer category labeled "lets stick it to this guy!" - I'm certain all card companies have a special filing cabinet with this label on it) and they could hike your rate to 20-30%. That would give you a month to pay it off, and if you don't, could lead to massive interest charges. Unless you have the cash on hand, that could leave you scrambling. Since everything has been discussed pretty well, I’ll mention something new. Get that 0% card paid off quick! Yes it is 0%, but unlike a your 6.5% term loan it’s not a fixed rate. One slip (like them not processing a payment on time), or even a arbitrary decision by the card company (who might pull a report and decide you have too much debt and revoke your 0%, or you just fit in some random computer category labeled “lets stick it to this guy!” – I’m certain all card companies have a special filing cabinet with this label on it) and they could hike your rate to 20-30%.

That would give you a month to pay it off, and if you don’t, could lead to massive interest charges. Unless you have the cash on hand, that could leave you scrambling.

]]> By: Food For Thought - Articles From My Blogroll http://www.cleverdude.com/content/want-vs-need-stacie-got-a-new-car/#comment-13493 Food For Thought - Articles From My Blogroll Thu, 04 Oct 2007 10:32:15 +0000 http://www.cleverdude.com/articles/finances/want-vs-need-stacie-got-a-new-car/#comment-13493 [...] Dude purchased a new car!  (I’m in the market for a newer car - but with the third baby on the way, ours will not be [...] [...] Dude purchased a new car!  (I’m in the market for a newer car – but with the third baby on the way, ours will not be [...]

]]> By: Unnecessary http://www.cleverdude.com/content/want-vs-need-stacie-got-a-new-car/#comment-13459 Unnecessary Wed, 03 Oct 2007 11:54:12 +0000 http://www.cleverdude.com/articles/finances/want-vs-need-stacie-got-a-new-car/#comment-13459 JNJ, glad I helped you steer you back towards your goals. Don't let ANYTHING get in the way of them! JNJ, glad I helped you steer you back towards your goals. Don’t let ANYTHING get in the way of them!

]]> By: Punny Money http://www.cleverdude.com/content/want-vs-need-stacie-got-a-new-car/#comment-13441 Punny Money Wed, 03 Oct 2007 01:04:31 +0000 http://www.cleverdude.com/articles/finances/want-vs-need-stacie-got-a-new-car/#comment-13441 Okay, final offer: $20 for the Pontiac, as long as it still has that new Stacie smell. Okay, final offer: $20 for the Pontiac, as long as it still has that new Stacie smell.

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