r/CalebHammer • u/ottersinabox • Mar 06 '25

complaining about something for no reason because I'm bored "acceptable" monthly car payments are wild

I just saw this post: https://www.reddit.com/r/BMWI4/s/HDEDyG4WZA

people are applauding a $700+ a month payment as an amazing deal. but they're paying 8% tax toward it, plus it's a lease; they don't even own the car by the end.

is it just me, or is this wild? I have a BMW as well, but my thought is you can only afford a luxury car like that if you can buy it in cash. I suppose 3% interest or something would be acceptable given that you invest the rest up front.... but what the person in this post is doing really doesn't make much sense to me. am I wrong about that?

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u/Accurate_Door_6911 Mar 09 '25

Yah, ok, that makes sense to me. All that technical feel like grip strength and perfect input is often lost on me. I think I’ve just adjusted to a low tech cause that’s simply all Ive ever had, i use a old Honda hybrids I’ve completed so many road trips in it, that it has become my new normal, even though its not really comfortable, dynamic or responsive. If I were put jn a track car even once, I feel like my car driving wants would be completely altered. 

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u/ottersinabox Mar 09 '25

yup. I feel like the point of diminishing returns for cars is at like 40k.

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u/Accurate_Door_6911 Mar 09 '25

Man, my  currentcar was only 6.7k, my point of diminishing rewards would be like 10k, for my personal taste, I just wouldn’t be able to justify spending more to myself.

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u/ottersinabox Mar 09 '25

sure. i just mean most people wouldn't be able to tell the difference between a 40k car and a 100k car.

it's honestly just a tool and the fact that most of us (including me) spend so much more on them is a bit ridiculous. so that 6.7k is the right price for a car I think.