Well, pretty much everyone's house has appreciated ridiculously. I'm thinking lot's of people are leaning on a HELOC to fund these stupid purchases.Current bid is 101k, good lord where do these people get the money - https://bringatrailer.com/listing/1994-toyota-supra-turbo/
I doubt anyone is taking out a HELOC to buy a $100k car. Could be wrong but the typical buyer for something like this has lots of FU money. House appreciation doesn’t really help anyone except for those paying PMI haha. Sure you can sell it, but you have to live somewhere. Replacement house will cost more and rents are at an all time high.Well, pretty much everyone's house has appreciated ridiculously. I'm thinking lot's of people are leaning on a HELOC to fund these stupid purchases.
That's not how people think.I doubt anyone is taking out a HELOC to buy a $100k car. Could be wrong but the typical buyer for something like this has lots of FU money. House appreciation doesn’t really help anyone except for those paying PMI haha. Sure you can sell it, but you have to live somewhere. Replacement house will cost more and rents are at an all time high.
My experience has been the type of people bidding on cars like this have a collection of cars. 10, 20, 30% home appreciation means nothing to them.That's not how people think.
Many people treat the equity in their homes like a bank. I think it's possible you have a more rational grasp of finances, but not everyone does.
And it's not "FU" money, as people also seem ok with paying over $80k for a pickup truck these days, and if someone wants to do that they gotta get in line.
Whoa whoa whoa whoa whoa, let's pump the brakes a little. That series is a masterpieceAnyone paying that much for a 27 year old Toyota is a complete fkn idiot. The car is absolutely nothing special at all and is completely over hyped by a trash movie series that used to considered a joke in the scene, and is for whatever reason cherished now. Nostalgia is a hell of a drug.
?Anyone paying that much for a 27 year old Toyota is a complete fkn idiot. The car is absolutely nothing special at all and is completely over hyped by a trash movie series that used to considered a joke in the scene, and is for whatever reason cherished now. Nostalgia is a hell of a drug.
Take a deep breath, it'll be ok lol.Anyone paying that much for a 27 year old Toyota is a complete fkn idiot. The car is absolutely nothing special at all and is completely over hyped by a trash movie series that used to considered a joke in the scene, and is for whatever reason cherished now. Nostalgia is a hell of a drug.
Ever seen a Ferrari superfast? ?I'll pass on the front bumper but I'm loving this side profile. No fake door vent and a functional fender vent is a win in my book.
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That'll buff out!