Neutral

7: Leasing Puppies

 

  I'm an eager beaver today apparently I'm [TS]

  not drinking makers mark tonight [TS]

  what do you usually every night or when [TS]

  we record whatever record I think I have [TS]

  once or twice I wouldn't say usually so [TS]

  you're doing the show buzz and you [TS]

  haven't told us and you haven't given us [TS]

  the chance to get buzzed [TS]

  no no I just poured myself a glass of [TS]

  silver tree vodka which is this Easter [TS]

  tarik vodka out of a Colorado that my [TS]

  dad swears by and it is pretty damn [TS]

  smooth i have to say esoteric yeah it's [TS]

  odd [TS]

  it's different it's not mainstream now [TS]

  my hipster look at me go I'm not crazy [TS]

  about the term hipster because it seems [TS]

  like it's it's kind of like fanboy when [TS]

  he was like people say it to it i think [TS]

  what hipster means is that person is [TS]

  cool in a way that I'm not and I don't [TS]

  like that haha i guess that kind of what [TS]

  that means yeah i like to give out what [TS]

  hipster means no but I think once Eddie [TS]

  you know just like fanboy usually is [TS]

  like that somebody who defends the [TS]

  product that i didn't get that I [TS]

  probably wish I had that yeah like that [TS]

  yeah especially that if especially like [TS]

  that you know if I have some kind of [TS]

  doubt that I made the wrong choice but [TS]

  you know yeah I'd like to meet hipster [TS]

  is like those people are cool either in [TS]

  a way that I'm not or in a way that I [TS]

  don't really understand why people think [TS]

  that is cool i think that's fair John [TS]

  what's your definition I mean it's not [TS]

  the dictionary definition but what's [TS]

  your is there a dictionary definition i [TS]

  went to urbandictionary looking at off [TS]

  across the definition of hipster and our [TS]

  dictionary looks like it was written by [TS]

  hipster ha ha ha ok alright so anyway [TS]

  what marco was trying to get on you [TS]

  about is that it's esoteric not [TS]

  esoterics not a long e that's not even [TS]

  an alternative pronunciation will find [TS]

  then the well in that case then I am [TS]

  drunk [TS]

  even though I've had two sips of this [TS]

  drink that I poured five minutes ago you [TS]

  it was a possibility was an alternate [TS]

  pronunciations if we learned anything [TS]

  from correcting Glenn it's that a lot of [TS]

  words have alternate pronunciations that [TS]

  you've never heard but this is not one [TS]

  of them according to the OS 10 [TS]

  dictionary [TS]

  good to know so any follow-up because i [TS]

  actually do not have any other than [TS]

  you guys disliking backing into parking [TS]

  spots nothing that we've ever said has [TS]

  been wrong [TS]

  now everything we've said had been [TS]

  correct and please email Marco and on [TS]

  that bombshell [TS]

  alright so i have a question for you [TS]

  Marco and uh and I'd like to hear John's [TS]

  two cents afterwards at why do you [TS]

  leased cars this is actually really a [TS]

  question I I i was hoping to talk about [TS]

  this soon [TS]

  I talked briefly in a few episodes back [TS]

  and I didn't really address it properly [TS]

  I've so I've done and energy before I've [TS]

  done all 3 i've i've bought like i [TS]

  financed a new car i bought aur I've [TS]

  owned a used cars but not for me but [TS]

  I've had a used car a new car that was [TS]

  financed and a new car that was leased [TS]

  and one of the biggest differences will [TS]

  get to maintenance in a bit one of the [TS]

  biggest differences about Elise is the [TS]

  level of ownership stress that you feel [TS]

  like for instance when it so the vehicle [TS]

  at least my 3-series when i first got it [TS]

  probably three it was like three or four [TS]

  months old and I i was in the department [TS]

  had had to park it outside and I even [TS]

  like I even bought a spot in a like a [TS]

  private lot to get keep it extra safe [TS]

  and you know off the main street parking [TS]

  and everything I wanted this thing to [TS]

  stay nice and and so something like four [TS]

  months after I got it I i noticed a [TS]

  scratch and some some dirty hand prints [TS]

  on the hood and what appears to have [TS]

  happened is that somebody was a bent [TS]

  over the front of my car and possibly [TS]

  the snap on their pants or a zipper or [TS]

  something made a nice s-shape scratch [TS]

  right on the front of the hood that is [TS]

  awful [TS]

  e and this was an area where we learned [TS]

  you know as I was writing this parking [TS]

  spot we would occasionally see like [TS]

  drunk teenagers hanging out there [TS]

  because it was it was kind of it was [TS]

  behind our building it was kind of like [TS]

  there were some dark areas nearby so [TS]

  turns out this is [TS]

  really not a great place to park your [TS]

  car so anyway few months old I got this [TS]

  this scratch that the handprints [TS]

  fortunately just washed off but scratch [TS]

  was there to remind me of what happened [TS]

  and it's still there and when when I had [TS]

  my accord you know besides the door [TS]

  getting back into and have to replace [TS]

  the whole panel on like there was one [TS]

  time where I noticed within the first [TS]

  year having the accord that there was [TS]

  like a slight like a slight scratch [TS]

  along with the rear quarter panel like [TS]

  it like that I'd like during past a [TS]

  stick on the road not seen or something [TS]

  like that like that kind of scratch and [TS]

  it really fine thin scratch and that I [TS]

  was so angry so here it was my first new [TS]

  car i was paying it off for the next [TS]

  five years and i knew that i was [TS]

  planning on having it for probably [TS]

  longer than that you know when you buy a [TS]

  new car and you come from a family of [TS]

  owning toyota's for four decades each or [TS]

  for about a decade each eat you tend to [TS]

  think that if you buy a new car you're [TS]

  probably gonna have it for like ten [TS]

  years so I took that so badly on the [TS]

  honda because i bought it and I and I [TS]

  was I was like I'm gonna have to stare [TS]

  at the scratch for 10 years [TS]

  thank you hope now but hold on now isn't [TS]

  it also after a while after you get over [TS]

  the fact that your pristine baby has [TS]

  been damaged [TS]

  is it not a little bit liberating though [TS]

  because at this point it's got a blemish [TS]

  so kind of whatever that applies in any [TS]

  case you had a car and no matter when [TS]

  you get a car no matter how you're [TS]

  paying for the matter how long you're [TS]

  gonna have it that first imperfection [TS]

  really really sucks like that hits you [TS]

  hard but when like when you know you're [TS]

  going to be owning this color forever to [TS]

  me I took those really hard and I was [TS]

  just so angry oh my god I'm gonna be I'm [TS]

  gonna have to deal with this for 10 [TS]

  years or get it fixed it's not really [TS]

  worth getting fixed like stuff like that [TS]

  so with the lease though and with my [TS]

  with my hood sex scratch I I mean that's [TS]

  I that's my theory [TS]

  I don't have any evidence of that but [TS]

  sure that's exactly what I thought but I [TS]

  didn't wanna interrupt right i mean i [TS]

  think it's i think it's fairly obvious [TS]

  that so you know with that and with [TS]

  everything I have a few other minor [TS]

  scuffs [TS]

  invite you know various like it looks [TS]

  like somebody tried to enter my back [TS]

  passenger door with a key so there's [TS]

  like there's like a little scratch in [TS]

  the handle on the I don't know how to [TS]

  like you know how when people miss their [TS]

  door with their key and you get a little [TS]

  scratches around the keyhole area of the [TS]

  door if there is one [TS]

  it's like that but one of the back doors [TS]

  I don't know why anyway so there's stuff [TS]

  like that in this car but I'm knowing [TS]

  that it was Elise I knew two things [TS]

  first that I'm turning this car in three [TS]

  years so you know if you if you have [TS]

  even if you buy a car with the intention [TS]

  of selling it in like three to five [TS]

  years which a lot of people do [TS]

  it's still not predefined and so the [TS]

  other thing is like with the honda I got [TS]

  killed on the resale that because the [TS]

  the dealer who sold it to could tell [TS]

  that the door had been repainted i guess [TS]

  i can look around the edge or something [TS]

  or someone to tell I couldn't I couldn't [TS]

  do the difference but he could and so I [TS]

  i lost a couple thousand dollars of [TS]

  value probably on that car at resale [TS]

  because it had been damaged in an [TS]

  accident [TS]

  even though it was fixed to my opinion a [TS]

  perfect fix but he could tell that it [TS]

  had been damaged so you know when you [TS]

  buy a car but when when the resale value [TS]

  is not yet determined you stand to lose [TS]

  if there is minor damage you stand to [TS]

  lose that recently I whereas on a lease [TS]

  there's already some allowance built-in [TS]

  of what I love you know what what level [TS]

  of damage they will ignore at the end or [TS]

  or some limit of how much they're [TS]

  willing to pay for repairing a damaged [TS]

  or something like that that's all [TS]

  predefined so the stress is is lesson to [TS]

  me and you know it and I don't know I [TS]

  actually haven't had my first lease and [TS]

  yet that will happen in a couple of [TS]

  months [TS]

  oh so maybe ask me again then but ice [TS]

  but like to me it's it's much easier [TS]

  owning this car knowing that the end of [TS]

  my ownership of it is predetermined both [TS]

  timewise and financially but it doesn't [TS]

  it also incur a little bit of added [TS]

  stress and what by that I mean [TS]

  I don't know off the top of my head how [TS]

  far I Drive in a year but let's say for [TS]

  argument's sake that I go and I try to [TS]

  leave the car tomorrow and I assume that [TS]

  I Drive 12,000 miles and i'm at 10,000 [TS]

  miles by June now I'm going to be [TS]

  stressed out for the next six months [TS]

  because I either only drive for 2,000 [TS]

  miles or I know that I'm gonna pay for [TS]

  it in the end so i I've never least a [TS]

  car and I want to hear John's to sense [TS]

  before i get into my whole history but [TS]

  doesn't that it does it not also incur [TS]

  in equivalent amount of stress [TS]

  well it depends on what kind of driver [TS]

  you are like you know certainly it one [TS]

  of the problems with leasing and one of [TS]

  the reasons why so many people can't or [TS]

  shouldn't leave is if you either drive a [TS]

  whole lot of miles or almost no miles [TS]

  then then it's mispriced for you if you [TS]

  have a whole lot of miles you're going [TS]

  to pay way too much in overage fees you [TS]

  should generally try to avoid overages [TS]

  mileage fees and if you drive almost no [TS]

  miles then you're paying for a level of [TS]

  depreciation that the car is not really [TS]

  going to have so you're kind of [TS]

  overpaying for that and so certainly you [TS]

  know you have to drive within the the [TS]

  quote average and actually an average [TS]

  but within the average range of $OPERAND [TS]

  miles [TS]

  I know in the u.s. leases are usually [TS]

  ten twelve or fifteen thousand miles per [TS]

  year [TS]

  I don't know about other countries a lot [TS]

  of your learning from the feedback of [TS]

  the show quite a lot of this stuff is [TS]

  different in other countries especially [TS]

  especially involving pricing but but [TS]

  basically yeah if if you don't if you [TS]

  don't know what what amount of driving [TS]

  you're gonna have to do in the next few [TS]

  years within any reasonable ballpark or [TS]

  if you do very very little or absolutely [TS]

  a lot then at least probably isn't the [TS]

  best bet but for most people you know [TS]

  they can and I know with BMW i think i [TS]

  have to double-check this and i know [TS]

  this is just becoming the BMW show [TS]

  that's because they're awesome [TS]

  I think the 1i I think you can go on to [TS]

  your account online and change your [TS]

  mileage until like a month before you [TS]

  turn the car like retro actively so it [TS]

  turns out that you've driven way more [TS]

  miles and you thought and you your least [TS]

  a 10,000 miles and you can go in and say [TS]

  oh just bill me as if i lose $MONEY to [TS]

  15,000 miles retro actively and we'll [TS]

  just change it for you [TS]

  I think I think that's true pmw anyway [TS]

  so that that's why I just the myelin [TS]

  which is basically you know you can look [TS]

  at how much you have driven in the last [TS]

  few years and get some idea of what your [TS]

  average might be enough [TS]

  John I've always heard about the least [TS]

  vs by thing is that uh oh [TS]

  if you look at two strategies one lisa [TS]

  car every three years and second by a [TS]

  car and drive it until like it gets [TS]

  really old and you need a new one that [TS]

  cost about the same amount of money but [TS]

  you will have a nicer car if you lease [TS]

  because this is just three-years-old you [TS]

  leased a new one and it's presumably [TS]

  better and nicer than the old car that [TS]

  you were driving whereas if you buy it [TS]

  and run it until it's dead or close to [TS]

  dead you'll be using that car for at [TS]

  least three Lisa's worth of time right [TS]

  the reason I've never consider leasing [TS]

  is because I mean I i like the idea of [TS]

  having a car for a long period of time [TS]

  so that this doesn't make sense there [TS]

  and I would be I don't know the details [TS]

  of like so you lease a car and you get [TS]

  into an accident with it aren't you [TS]

  losing something when you bring that [TS]

  back because you would have to pay to [TS]

  repair the car and then the lease ends [TS]

  as Marco said there they don't want that [TS]

  now damage and repair card back so now [TS]

  you're losing out on the you know that [TS]

  bringing the car back to them so it's [TS]

  like a double whammy [TS]

  well you don't I i I'm we should find [TS]

  out exactly how this is done I admit I [TS]

  don't know either as far as i know when [TS]

  you are leasing a car that is an [TS]

  accident it you just get it repaired the [TS]

  same way you would otherwise you know [TS]

  some hopefully somebody's insurance pays [TS]

  for to yours or the other person or [TS]

  something and you just get it fixed [TS]

  presumably you have to get it fixed to [TS]

  their specifications and I don't know if [TS]

  you think maybe go to a dealer [TS]

  specifically deals don't usually do [TS]

  bodywork so you know you maybe you have [TS]

  to go to a list of approved people to [TS]

  get it fixed but the but when you turn [TS]

  that car and I don't think they're gonna [TS]

  be you know doing you buy three thousand [TS]

  dollars because the reduced value of a [TS]

  car that's been an accident because i [TS]

  think they've already calculated that [TS]

  into the risk and they've already [TS]

  average that into the price ever [TS]

  hey is i don't know i think that i think [TS]

  there is a I I like i said i don't know [TS]

  anything about that leasing but I always [TS]

  imagine that if you if you did lease a [TS]

  car like it's not your car so forgets to [TS]

  an accident you wrecked like their car [TS]

  basically and they're not going to be [TS]

  happier when you return their car and [TS]

  i'm assuming there they are financially [TS]

  protected from this eventualities by [TS]

  things that are bad for you but I don't [TS]

  I I imagine it's their car about as much [TS]

  as it's the bank's car when you finance [TS]

  a car like I i don't i don't think it's [TS]

  like that is it is it is a little more [TS]

  involved in that but but you know i mean [TS]

  their you know their lien holder on my [TS]

  title I will never get the title because [TS]

  I would never have paid off [TS]

  you know because alternative but as far [TS]

  as i know having an action as long as [TS]

  you get it repaired you know 22 some [TS]

  level of of satisfaction or standards as [TS]

  long as you get it repaired properly [TS]

  I don't think you pay extra at the end [TS]

  but I i will if we're still doing the [TS]

  show in June when i'm probably gonna [TS]

  have to swap cars i will i will do some [TS]

  follow-up just got better listeners to [TS]

  an accident before you turn it haha i'll [TS]

  just passed out just another thing to [TS]

  you know you mentioned you mentioned [TS]

  like having paid the same amount on [TS]

  average over time and that's that's [TS]

  presumably because as cars get older [TS]

  they start requiring more money and [TS]

  maintenance on one of the one of the [TS]

  biggest things with that is that with [TS]

  the lease its predictable and this is [TS]

  this is true to some extent when you buy [TS]

  a new car when you get financed it also [TS]

  whereas you know over it with you have a [TS]

  ten-year-old car in any given month it [TS]

  could cost you nothing to maintain or it [TS]

  could cost you six hundred dollars and [TS]

  it's it's unpredictable like when stuff [TS]

  is going to break what it's going to [TS]

  cost you know at some point it's pretty [TS]

  predictable i mean all of our car I've [TS]

  had all our grafts are very long time [TS]

  like the car currently driving is 10 [TS]

  years old and the cars we had before [TS]

  rolling that like I pretty much know i [TS]

  could tell you at least for honda's [TS]

  anyway like it at what mileage what's [TS]

  going to break and how much it's going [TS]

  to cost you to repaired when you're [TS]

  going to need new brakes how many sets [TS]

  of new tires you're going to need all [TS]

  that stuff i don't think i don't know [TS]

  about as automatic transmission because [TS]

  i only have $MONEY [TS]

  and manuals but right and those are big [TS]

  wild cards it when they did when they [TS]

  break their expensive it's bumpy like [TS]

  it's not flat but it's kind of like you [TS]

  know you have the new car time where [TS]

  everything's fine and then you have like [TS]

  a honeymoon period where nothing is [TS]

  going to break and then you started [TS]

  around 60,000 miles started getting into [TS]

  the expensive stuff and in between there [TS]

  you have like the normal wear and tear [TS]

  and maybe you need some new tires maybe [TS]

  your brake pads and stuff like that but [TS]

  once you pass 60 then you know the [TS]

  things are going to do you need to [TS]

  timing belt done which is a big one you [TS]

  probably need to notice that breaks that [TS]

  point and it's just you know that your [TS]

  start waiting for the alternator to go [TS]

  somewhere in there you need a new [TS]

  battery water pumps going to go you know [TS]

  around a hundred probably you know like [TS]

  that things happened about it like at [TS]

  that point the cars long since paid off [TS]

  it's free most months you know so it's [TS]

  that sounds like you will you'll be [TS]

  driving a credit card then the person [TS]

  that was just getting a new lease every [TS]

  every three years and I don't honestly I [TS]

  don't think Elise is is the same or [TS]

  cheaper over time I i would say for sure [TS]

  your method especially if you buy the [TS]

  car used up front then I think I think [TS]

  the method of buying by a car and at [TS]

  least a good car you know I could like a [TS]

  Japanese car something reliable if [TS]

  you're going to own that for for a long [TS]

  term then I think you're probably coming [TS]

  out ahead of somebody leasing but they [TS]

  won't be anything that will kill you is [TS]

  if you buy an automatic transmission car [TS]

  and the transmission goes after the [TS]

  warranty drivetrain work it out but [TS]

  before it should grows that's just [TS]

  ridiculous 205,000 my uncle's are not [TS]

  like a honda odyssey had a problem with [TS]

  its transmission where there was none of [TS]

  this class action lawsuit something with [TS]

  it the previous generation odyssey the [TS]

  transitions would go really early and [TS]

  they were super expensive to replace and [TS]

  they weren't under warranty and people [TS]

  are very angry like that just kills your [TS]

  investment cause you can't resell that [TS]

  you can do anything you know [TS]

  yeah no one wants to know what's a [TS]

  minivan with a bad transmission but it's [TS]

  not only automatics I'd made passing [TS]

  reference in the past to the super [TS]

  having some serious drivetrain woes and [TS]

  not to give you two more reasons to be [TS]

  on me and my Subaru but your wiper my [TS]

  white super yes when it was [TS]

  shoot i want to say 20 ish 22 40,000 [TS]

  miles it was no must be like 20,000 [TS]

  miles because it was within the 36-mile [TS]

  drivetrain warranty i was driving down [TS]

  the road in Charlottesville where I was [TS]

  living at the time and all of a sudden [TS]

  there was this loud crash and I hadn't [TS]

  touched anything there was no touching [TS]

  don't worry John [TS]

  but there's some sort of like crashing [TS]

  sound and then as I speed up or slow [TS]

  down there was a repetitive thumping and [TS]

  as it turned out there was something in [TS]

  the rear differential that had broken [TS]

  and so the rear differential basically [TS]

  got replaced then I don't know is a year [TS]

  or two ago I noticed that one of the [TS]

  gears in in the transmission I don't [TS]

  recall which one it was [TS]

  whenever I was in that year I feel like [TS]

  the transmission was wine here than [TS]

  usual and it ended up that they needed [TS]

  to replace something within the [TS]

  transmission and I knew at the time and [TS]

  I told myself to look up what it was [TS]

  because i still have the receipt [TS]

  somewhere and I completely forgot to do [TS]

  that tonight but they replace something [TS]

  within the transmission and while they [TS]

  had all these bits out I was like well [TS]

  screw it why don't you do the clutch [TS]

  while you're in there and with an [TS]

  all-wheel drive car that's a lot of bits [TS]

  to take out just to get to the [TS]

  transmission so we don't know it ended [TS]

  up being like three or four thousand [TS]

  dollars to get that work done last was [TS]

  all on my dime because it was well after [TS]

  the warranty ended so while John I think [TS]

  you are absolutely correct that [TS]

  automatics by and large are more [TS]

  expensive depending on your choice of [TS]

  cars and drive trains and all-wheel [TS]

  drive car with even with a stick could [TS]

  also be really darn expensive because [TS]

  there's so much drivetrain to get out of [TS]

  the way in order to repair something [TS]

  like the transmission [TS]

  yeah you lost the the car lottery there [TS]

  because what happens like how did I ever [TS]

  it's the same thing with it's even worse [TS]

  with expensive car so you just get [TS]

  unlucky and some part of it goes and [TS]

  it's not covered for whatever byzantine [TS]

  reason they decide that this is not [TS]

  covered under the warranty for you know [TS]

  either because time has elapsed or [TS]

  because it's a we're apart that wears [TS]

  out and it's not you know this is only [TS]

  some reason that you're going to be [TS]

  screwed by then depending on what goes [TS]

  you could be in for lots and lots of [TS]

  money [TS]

  yes and it's something like you with the [TS]

  least it's very predictable I mean [TS]

  anytime you have a newer car you know [TS]

  you like you can be pretty sure [TS]

  that on a car that's less than five [TS]

  years old [TS]

  unless it's an American car which are [TS]

  terrible please email Casey unless it's [TS]

  in America are you probably will have to [TS]

  do almost nothing to occurrence first [TS]

  five years you know just the basic [TS]

  eventually you have to do brake pads [TS]

  maybe some tires but you know not much [TS]

  that being said I i did have a topic I [TS]

  wanted to bring up at some point and [TS]

  this seems like as good a place as any [TS]

  we've all at some point owned old cars [TS]

  John you spent your entire life somehow [TS]

  owning old cars how what's the weirdest [TS]

  thing you ever had to repair or replace [TS]

  on on a car you've owned may I go yeah [TS]

  so I don't remember if I've told the [TS]

  story on the air but if I did I did it [TS]

  very briefly when i was in college i was [TS]

  driving and I know I've talked about my [TS]

  dad's 94 saturn sl2 and I was going to [TS]

  pick up my then-girlfriend but from [TS]

  class and I pulled up to a stop light [TS]

  and I noticed that something felt wobbly [TS]

  and I was about to make a left and this [TS]

  was during class change in Virginia Tech [TS]

  which is a pretty big University and [TS]

  something felt wobbly when I came up to [TS]

  the light but I was like okay that's [TS]

  just weird and again this is 94 Saturn [TS]

  and this was in 2003 ish and I go to [TS]

  make my left after the light turn green [TS]

  and i did so very gingerly and all of a [TS]

  sudden I hear where and then I realize [TS]

  I'm not going the direction i thought i [TS]

  was going anymore I know I'm sliding on [TS]

  the front rotor of my car because not [TS]

  only do i hear $MONEY [TS]

  metal scraping against the blacktop but [TS]

  I'm watching my front passenger tire [TS]

  bouncing towards the parking lot full of [TS]

  parked cars so I nearly slid into the [TS]

  into the curb [TS]

  thankfully I was able to stop beforehand [TS]

  thankfully the tire that was now a [TS]

  projectile hurtling towards some [TS]

  innocent parked cars that stopped just [TS]

  before the cars [TS]

  welcome to find out the four lugs the [TS]

  four posts that the wheel is mounted to [TS]

  shore in half which [TS]

  does not happen so yeah as I was driving [TS]

  down the road which granted i was doing [TS]

  like five miles an hour but as I was [TS]

  driving down the road the tire fell off [TS]

  of my car that how at what car is this [TS]

  my 94 saturn sl2 city which is wanted by [TS]

  the way that explains it does explain [TS]

  that I mean that's just incredible like [TS]

  you're driving in the wheel falls off [TS]

  me--that's yep that's impressive [TS]

  thank you I was pretty proud of that for [TS]

  like 12 seconds and then I quickly tried [TS]

  everything I could to get rid of that [TS]

  car and that's when I ended up getting [TS]

  the white 300zx from my parents [TS]

  wow so now I maybe I should wait until [TS]

  the end I five totally shamed you too i [TS]

  apologize i am i'm pretty well that was [TS]

  boring in that pic for me it was when I [TS]

  had my maxima at some point I don't know [TS]

  how this happened [TS]

  honestly I don't like as far as i can [TS]

  tell nothing cause this I had to replace [TS]

  the windshield washer fluid tank because [TS]

  somehow it had cracked and I don't even [TS]

  like there was no impact there was it [TS]

  was not any kind of accident i hadn't [TS]

  gone over some kind of bad pothole [TS]

  nothing else on the car had broken [TS]

  around this time somehow I cracked my [TS]

  windshield washer fluid tank [TS]

  well market when you filled it with [TS]

  nothing but water and you live in New [TS]

  York that's going to cause it to crack [TS]

  no but that wasn't it it wasn't even [TS]

  that mean it was like I I and that car [TS]

  like so many things went wrong in that [TS]

  car there times like I only own the [TS]

  maxima for something like four years but [TS]

  in four years I had to lie had to [TS]

  replace the calipers and the brakes [TS]

  twice the pads three times that tons of [TS]

  brake problems somehow i reckon i really [TS]

  don't mean i don't think i was driving a [TS]

  reasonably or anything and also probably [TS]

  had a windshield washer fluid think that [TS]

  was that was a gem and then my friend [TS]

  hit his mother had this old Mercedes and [TS]

  he had to take his driving test in this [TS]

  car you know when we were all like well [TS]

  he was 18 at the time because he waited [TS]

  forever anyway so we're 18 he's taken [TS]

  driving test this Mercedes though I had [TS]

  so many weird electrical issues [TS]

  that in order to unlock the the [TS]

  driver's-side door any door for that [TS]

  matter you had to go to the back of the [TS]

  car and turn the key in the trunk [TS]

  keyhole and that would unlock the doors [TS]

  because no other method worked and so he [TS]

  had to do this during his driving test [TS]

  and the first you know the first like [TS]

  all right well you know that they're [TS]

  referencing the doing the driving test [TS]

  is the instructor makes you go and like [TS]

  turn the windshield wipers on turntables [TS]

  on make sure you know how to operate the [TS]

  basic our instruments and yet he had to [TS]

  go to unlock the trunk and then explain [TS]

  like why the turn signal was weird and [TS]

  all this stuff so since that i've i've [TS]

  been very wary of of ever owning a [TS]

  luxury car that's old because that [TS]

  Mercedes was in such terrible shape [TS]

  electrically that's surprising to me [TS]

  because my grandparents have had [TS]

  Mercedes wagons since I can remember and [TS]

  they drive the crap out of those things [TS]

  and change the oil like once every seven [TS]

  thousand years and those things we have [TS]

  always been tanks for them [TS]

  I mean it's I mean every every car is [TS]

  different obviously but I am surprised [TS]

  that it was an old Mercedes that had [TS]

  issues because every old Mercedes I've [TS]

  ever personally been in has been a tank [TS]

  well i have found also that people have [TS]

  different different tolerances for how [TS]

  much repair they want to do to a car and [TS]

  how much money they want to put into a [TS]

  car before they either just stop getting [TS]

  things fixed or get a new car and it [TS]

  like for me like because I have this [TS]

  Japanese car history i think pretty much [TS]

  anything that goes wrong in a car that's [TS]

  not basics of like you know brakes and [TS]

  tires and stuff i think i almost [TS]

  anything else is weird and I start [TS]

  considering what I want to keep this car [TS]

  after that but maybe just have been [TS]

  spoiled by for the most part good cars [TS]

  with the exception of that maximal just [TS]

  had constant weird problems that every [TS]

  other nineties maximum it didn't have [TS]

  that it's somehow i got i had like a [TS]

  lemon in certain areas now John i have [TS]

  to believe you have some pretty odd [TS]

  repairs that you've either performed or [TS]

  had performed on your behalf in your day [TS]

  on your color I should clear mostly [TS]

  mostly the normal stuff [TS]

  the only pair I've ever actually done in [TS]

  my own car [TS]

  I was one my sister i believe and she [TS]

  doesn't have this podcast so she can [TS]

  refer me put up my sister and my mother [TS]

  were both bad and backing out of our [TS]

  garage where I grew up and the driver [TS]

  side mirror of what would eventually [TS]

  become my 92 civic got sheared off how [TS]

  and we bought a replacement mirror and [TS]

  install that myself because I forget how [TS]

  hard could it be [TS]

  turns out it's much harder than you [TS]

  think because no one of the tools we had [TS]

  could reach in to get the tiny little [TS]

  nut that you have to tighten to put the [TS]

  thing on but anyway it's not that weird [TS]

  sharing off mirrors and in backing out [TS]

  of driveways the weirdest one that did I [TS]

  did was when we lived in Atlanta there [TS]

  was a gas station and the head like it [TS]

  was like kind of up on a hill so the [TS]

  road was down level and the little [TS]

  entrance to little skirt that goes down [TS]

  to road level was quite a steep hill and [TS]

  92 cific does not have much ground [TS]

  clearance and I turned into the gas [TS]

  station a little bit too fast and [TS]

  bottomed out the front of the car all 2 [TS]

  inches of ground clearance or whatever [TS]

  it has and I banged the the the nut that [TS]

  you unscrew in the oil pan to let the [TS]

  oil out but i bet i'm going to that like [TS]

  it's recessed you know it's recess time [TS]

  it's on an angle but apparently it pokes [TS]

  out just enough that if you slam it if [TS]

  you bought him out the front suspension [TS]

  on the hill and slammed it against the [TS]

  ground it just bent that the little nut [TS]

  inside the thing I and I was like all [TS]

  right well is that going to be a big [TS]

  deal and I would you know I was like a [TS]

  slow leak avoid like little tiny drips [TS]

  you come out in the morning that be not [TS]

  a big pot of oil but a little puddle of [TS]

  oil you know and just like how do you [TS]

  want to get this repaired as you know to [TS]

  repair it's not like they're gonna be [TS]

  out there going to like go there and [TS]

  rethread the thing or something you're [TS]

  going to replace the whole oil pan which [TS]

  is significantly more expensive one on [TS]

  the only problem is not just a little [TS]

  bit bent but every time i get the oil [TS]

  changed good bug the league got worse [TS]

  and worse eventually i divided the [TS]

  bottom sorry all right now I know it's [TS]

  just replace the whole pan i did and [TS]

  maybe maybe I ripped off maybe they [TS]

  could have taken out the not and [TS]

  rethreaded with a free threading tool [TS]

  but i think it was like been so that [TS]

  that one annoyed me because I I the [TS]

  dripping of the oil annoyed me having to [TS]

  like put extra oil in the car [TS]

  and always worried about leaving oil [TS]

  spots when you're driving around all [TS]

  because it's been a little bit too fast [TS]

  into the gas station [TS]

  so now just so kind of to that end do [TS]

  you guys do your own maintenance on your [TS]

  cars no no [TS]

  so I do not by and large and i use the [TS]

  excuse that I don't have a particularly [TS]

  large amount of tools and that I'm very [TS]

  busy which is funny for me to say [TS]

  because i have no children as an excuse [TS]

  not to do it but I also do not typically [TS]

  do my own maintenance and this is a [TS]

  random story that I'm I'd like to get [TS]

  off my chest one of the things that [TS]

  bothers me about the fact that I don't [TS]

  do my own maintenance is because I'm [TS]

  very particular about what oil i use in [TS]

  my car and I always use synthetic oil [TS]

  and as it turns out the BMW wants it [TS]

  anyway but in other cars I've always use [TS]

  synthetic like my wife's car for example [TS]

  in her mazda super always had synthetic [TS]

  and I actually had to this is already a [TS]

  club terrible white wine but instead of [TS]

  going to the subaru dealer that was five [TS]

  minutes from my house and I had to go to [TS]

  the subaru dealer solid half an hour [TS]

  away because when i used to take it in [TS]

  to get the oil changed i would ask them [TS]

  hey even if you charge me for the oil [TS]

  that you would have used would you [TS]

  please use the synthetic that I'm [TS]

  leaving in the car and the dealers said [TS]

  no we have to use our oil which I [TS]

  thought was the most ridiculous and [TS]

  obnoxious thing I've ever heard in my [TS]

  life because I basically said pls rip me [TS]

  off I'd like you to use this oil and [TS]

  they said no and so I had to drive half [TS]

  an hour each way just to get my daughter [TS]

  oil changed how to do if i chose to do [TS]

  it at the dealer that is and it was very [TS]

  annoying [TS]

  that's really was a fantastic white line [TS]

  it is isn't it [TS]

  what are you basing the your desire for [TS]

  synthetic oil on you think like if you [TS]

  had regular oil this would impact your [TS]

  life in some way that is measurable or [TS]

  noticeable by you like what if they what [TS]

  if they told you they used your oil and [TS]

  just you know kept it for themselves for [TS]

  their car and put in the regular oil [TS]

  that how are you had crossed my mind I [TS]

  would not have known and the reason I [TS]

  use synthetic is because my my father [TS]

  has said and again he used to be a [TS]

  mechanic and still is very very good [TS]

  with these things he has always run [TS]

  synthetic in his [TS]

  cars and he is of the opinion which [TS]

  maybe its focus focus but he's of the [TS]

  opinion that it helps the cars run [TS]

  longer a very good friend of his who [TS]

  passed away recently who isn't even [TS]

  better mechanic my father and my [TS]

  father's pretty good mechanic he swore [TS]

  by synthetic I mean all the luxury [TS]

  brands to my knowledge I think it's not [TS]

  better i'm just saying is it better in a [TS]

  way that you would notice [TS]

  oh no but the reason I ran it was [TS]

  because i was under the impression i [TS]

  would keep the subaru forever and then I [TS]

  didn't but so so in short you're [TS]

  absolutely right there's no reason for [TS]

  it and those mechanics are all keeping [TS]

  your expensive oil that your brain [TS]

  probably yes yeah that they're taking [TS]

  home the guys you work through and [TS]

  really the other dealer who would [TS]

  install is actually the honesty of [TS]

  everything was protecting himself [TS]

  because like if someone it's like a way [TS]

  to scam you bring your ear booby-trapped [TS]

  oil and then you drive away from the [TS]

  deal and your engine exploded you say [TS]

  all you guys destroyed my car and you [TS]

  know you see them for the cost of the [TS]

  car because you know yeah it's a pretty [TS]

  obvious liability cover their you know [TS]

  yes and that's why they wouldn't do it [TS]

  and I want to do parallel that you know [TS]

  that they control that are gonna take [TS]

  some unless you know some stuff that [TS]

  some bottles provided by you and that [TS]

  does sort of make sense but I mean I was [TS]

  giving them a sealed container that was [TS]

  clearly sealed from the factory yes i [TS]

  know you could probably figure out a way [TS]

  to to molest what's in there without [TS]

  breaking the seal but still I don't know [TS]

  it's just it's one who knows how to get [TS]

  that was like that you know they don't [TS]

  they don't know that oil is good for [TS]

  your car right everybody having a [TS]

  different matter even be malicious it [TS]

  could just be you got a bad batch or [TS]

  something that that's one of the things [TS]

  i think that happened to be one sore [TS]

  the theory is that happened to me once I [TS]

  was having some strange problem with my [TS]

  car was like oh maybe you got some bad [TS]

  gas from gas station that had to know [TS]

  something in it or whatever and if you [TS]

  just run through this tank it'll be fine [TS]

  and it was so to that end actually [TS]

  brings up another good question when I [TS]

  had the super early on another problem i [TS]

  forgot about it was the first car it was [TS]

  a 2005 legacy GT and to my recollection [TS]

  that was the first year of that [TS]

  generation and they had some really [TS]

  interesting ECU problems with the turbo [TS]

  where if I was under like a moderate [TS]

  load and under moderate throttle in the [TS]

  car would buck and I took me [TS]

  easily six months of arguing with the [TS]

  dealer this is not the oil dealers a [TS]

  different dealer and saying to them no [TS]

  really this is an issue with the car and [TS]

  one of the things they did was blamed [TS]

  the gas i was putting in it and so [TS]

  because of that [TS]

  well i was able to argue back with them [TS]

  because i keep ridiculous records of [TS]

  offer all my cars and i have an excel [TS]

  spreadsheet that has everything to guess [TS]

  whoever put in it really for this [TS]

  yes for the subaru I've every receipt [TS]

  for every tank of gas that's ever been [TS]

  in it because at the time I thought to [TS]

  myself well if I ever go to sell this [TS]

  privately whoever whomever i sell it to [TS]

  will appreciate the fact that mr. that [TS]

  on this meticulous proactive selling [TS]

  privately whether one [TS]

  yeah we should and obviously i don't [TS]

  plan on selling privately and so that [TS]

  all this effort was basically for not [TS]

  but the advantage of being such a [TS]

  ridiculously indoor tennis bastard was [TS]

  that I could argue with them and say no [TS]

  look I'm not putting crap gasps in here [TS]

  and putting decent cast in here which [TS]

  one are you guys are you record keepers [TS]

  not regard to do not give two craps no [TS]

  no keep track of that stuff [TS]

  John you disappoint me i think that [TS]

  anything i save the receipts to give to [TS]

  my accountant / wife so she can track [TS]

  the fact that we pay for gas and you [TS]

  know no one is you know using our little [TS]

  mobile speed past thing without our [TS]

  knowledge getting other guys but other [TS]

  than that now I don't track mileage it [TS]

  on my parents used to do that you write [TS]

  down everything didn't compute the [TS]

  mileage you know I don't do that at all [TS]

  yeah don't do any kind of record keeping [TS]

  that either i mean i figure i mean first [TS]

  of all I'd like I'm not going to sell [TS]

  any of my cars privately as if I can [TS]

  avoid it because i will get back to that [TS]

  in a minute but you know i'd rather not [TS]

  solve things privately and the dealer [TS]

  doesn't really care if you do if it's a [TS]

  lease and you've turned in or if you're [TS]

  trading in a car to a dealer they don't [TS]

  care either way that the price we're [TS]

  going to give us nothing to do with what [TS]

  kind of gas you put in it at or where [TS]

  you bought it or what kind of mileage [TS]

  for everything that they couldn't really [TS]

  care less [TS]

  that's true upon sale but another thing [TS]

  of understood is for the three three [TS]

  fives for those with the n54 engines so [TS]

  that's up until i believe it's up to and [TS]

  including 2010 they had some major [TS]

  issues with high pressure fuel pump and [TS]

  from what I've gathered a lot of times [TS]

  BMW dealers would give owners a really [TS]

  hard time they're putting like Costco or [TS]

  Sam's or kroger [TS]

  stop and shop gas into their cars and [TS]

  they would say oh you're putting crap [TS]

  gasps and here it's not our fault and I [TS]

  believe diesels like Volkswagen diesels [TS]

  had similar issues if i'm not mistaken [TS]

  where if you put crap diesel in it or [TS]

  whatever the case may be and I don't [TS]

  really know anything about diesel but if [TS]

  you put chrome bezel in it then Oh with [TS]

  your engine explodes it's not our fault [TS]

  that's one of the things I love about [TS]

  honda is that they've been holding the [TS]

  line on non premium gas like you know [TS]

  just plain ol days have an octane even [TS]

  my I believe a couple generations of [TS]

  cameras required premium and stuff like [TS]

  really want to get about honda has been [TS]

  very strongly at least in there not an [TS]

  accurate perhaps but at least in the [TS]

  honda line of sticking to you know plain [TS]

  old normal octane gas [TS]

  yeah that is very convenient when you [TS]

  when you have a car that does not need [TS]

  premium that's very very nice i think [TS]

  the last car i owned that did not need [TS]

  premium on Saturn because he needed it [TS]

  subaru needed it BMW needs it actually [TS]

  errands car does not but I so very [TS]

  rarely fill that so it's actually not [TS]

  mine i didn't actually check the 2013 [TS]

  according to assume it still does not [TS]

  require premium but I i love not using [TS]

  premium but back when I was driving my [TS]

  parents like I believe the four-wheel [TS]

  drive minivan [TS]

  I don't know if required premium may be [TS]

  required like 91 but you could put 93 [TS]

  and it but i always put 93 years it [TS]

  wasn't my money but since since I got my [TS]

  own car and my own you know gas card i [TS]

  was happy that all my cars take the [TS]

  cheap gas for what it's worth I think [TS]

  please email Casey with the responses [TS]

  but I think when cars require premium I [TS]

  think they usually just require 91 i [TS]

  don't i don't think they require like 93 [TS]

  94 95 all those crazy ones that are [TS]

  ridiculously expensive i think those are [TS]

  just for people who think it'll matter [TS]

  or people who are not using their own [TS]

  money [TS]

  I think that's right but I'm probably [TS]

  wrong as well so we don't email either [TS]

  of us how much is gas for you guys right [TS]

  now at pure curiosity i ask because I [TS]

  filled up today and it was over four [TS]

  dollars for premium for me which is [TS]

  somewhat rare around these parts [TS]

  Europe is going to email us so hard [TS]

  after all God you had no it's not [TS]

  oh you're going to have health care [TS]

  happy I did not betray their expensive [TS]

  gas but you have healthcare that works [TS]

  out million really long vacations [TS]

  yeah that was the dumbest thing I've [TS]

  ever said thank you John for saving now [TS]

  that's great i mean i honestly around [TS]

  around here and and you know the [TS]

  tri-state area [TS]

  I almost always pay four dollars a [TS]

  gallon and it's very rarely under that [TS]

  491 usually it's like in the $YEAR ford [TS]

  25 or 30 range that's that's it's very [TS]

  readily less than that NP i had people [TS]

  tell me that when I was apparently if i [TS]

  want to go when we go to Germany with [TS]

  the m5 that it's something like eight [TS]

  dollars a gallon over there was talking [TS]

  to my buddy Brian about that and he had [TS]

  noticed because he's going to France [TS]

  with his girlfriend in i would totally [TS]

  unrelated to cars but they're going to [TS]

  rent and they're going to drive around [TS]

  France with whatever crap econo box that [TS]

  they get and he was saying that on [TS]

  google maps and let's talk about this [TS]

  market on google maps i don't know if [TS]

  this is a Europe thing or everywhere [TS]

  they actually have a price calculator so [TS]

  you can tell Google Maps what kind of [TS]

  car you have is a diesel is a big car [TS]

  small car and what approximately how [TS]

  much you think a gallon or leader of gas [TS]

  will be or diesel and it will compute [TS]

  about how much it will cost for whatever [TS]

  journey you're about to go on which I've [TS]

  never personally seen but he showed me [TS]

  screenshots look pretty cool that is [TS]

  pretty cool if we can break for a second [TS]

  to thank our sponsor once again it is [TS]

  Squarespace because Squarespace host [TS]

  every podcast now and because they're so [TS]

  awesome [TS]

  Squarespace is an all-in-one platform [TS]

  for easily creating your own website and [TS]

  this past week long something big [TS]

  they launched Commerce which they called [TS]

  a flexible and powerful ecommerce [TS]

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  digital or physical goods from your [TS]

  Squarespace site all built into all the [TS]

  templates they handle all the you know [TS]

  all the pain in the butt stuff for you [TS]

  its credit and debit cards accepted its [TS]

  back by stripe and stripe is awesome [TS]

  all this easy interfaces for tracking [TS]

  your order is providing email update you [TS]

  can print shipping labels if you're [TS]

  selling physical goods you can handle [TS]

  coupon codes such as using neutral to [TS]

  squarespace uh-huh so it's really great [TS]

  David [TS]

  have integrated everything made it [TS]

  really easy to use and they don't take a [TS]

  cut of your sales it's included just in [TS]

  their business plan because 24 hours a [TS]

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  pay month-to-month and so anyway the [TS]

  best value ever if you buy a year or two [TS]

  years even you get a free domain which [TS]

  is awesome their regular plans if you [TS]

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  there they're fantastic you have a blog [TS]

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  perfect place to do it so go to [TS]

  squarespace.com use offer code neutral [TS]

  to checkout and you'll get an additional [TS]

  ten percent off i think ten percent yeah [TS]

  something like that ten percent it's a [TS]

  good deal so go check them out [TS]

  check out Squarespace thanks alright so [TS]

  have you guys ever sold a car privately [TS]

  i have $MONEY i sold my poor 92 civic [TS]

  Casey now I've not and as i've mentioned [TS]

  briefly but previously i do not intend [TS]

  to sell the super privately because i'm [TS]

  too lazy and don't want to deal with the [TS]

  headache so John how did it go when you [TS]

  sold yours [TS]

  well first of all the reason i sold like [TS]

  what it was was an older you know as a [TS]

  92 and i think i've replaced it and [TS]

  replaced it with the 2002 so most of you [TS]

  know there have been about 10 years [TS]

  there i don't remember so hard to tell [TS]

  because if you remember your car's model [TS]

  year that has very little bearing on [TS]

  what year you bought the car right [TS]

  it's like getting plus or minus 100 0 or [TS]

  x plus or minus 2 they do crazy bright [TS]

  years plus I I tend to try to buy like [TS]

  the last year's model as soon as [TS]

  anyone's come out to get like the last [TS]

  of the inventories you get a good deal [TS]

  anyway the clutch was going on and it [TS]

  was like a hundred and fifty thousand [TS]

  miles something most of that trying to [TS]

  take that gamble of like timing when to [TS]

  get rid of it by writing for the clutch [TS]

  dies as soon as i know i felt it [TS]

  slipping soon as I felt so like the [TS]

  fully engage clash with slip a little [TS]

  bit i was like oh no alright it's ok i [TS]

  first we went to get a new car and that [TS]

  they didn't want to trade it like it was [TS]

  worthless to that person was a liability [TS]

  was zero dollars was their offer further [TS]

  for the city because it really was not I [TS]

  mean it was in good condition it was [TS]

  clean and it had had lots of work done [TS]

  to it over the years and many things [TS]

  have been replaced in it but but the [TS]

  bottom at the end of the day it was [TS]

  1992a honda civic DX which is the one [TS]

  you know the really cheap one that had [TS]

  the am/fm cassette stereo and air [TS]

  conditioning [TS]

  that's the only two options the in a can [TS]

  and FM that's right and no loss no one [TS]

  is under no passenger side mirror did it [TS]

  having all of my design [TS]

  yeah well you have no passenger side [TS]

  mirror that give you use extra that was [TS]

  extra yes I'm the DX it does not come [TS]

  standard with the passenger side mirror [TS]

  you have to hate you had to pay extra [TS]

  for my parents did not pay extra for and [TS]

  actually relatively expensive compared [TS]

  to the cost of the car that's when I was [TS]

  my car though I love that car better [TS]

  than any of the better than the current [TS]

  civic app sure so they didn't want it so [TS]

  I'm like well it's not worth zero like I [TS]

  looked up what it's worth and it was [TS]

  worth something so I'm like our final [TS]

  selling myself so I think it might have [TS]

  been craigslist or something like that [TS]

  it took pictures of the carb loaded you [TS]

  know and I guess this was before [TS]

  craigslist became terrible and we had [TS]

  someone you know our company will come [TS]

  and look at it and i only remember of [TS]

  taking one person out for a test drive [TS]

  and they drove it just around my little [TS]

  neighborhood here and I was like please [TS]

  don't want them those two clutch is [TS]

  slipping please look and either it [TS]

  didn't slip or they didn't notice and [TS]

  you know I had I had a little bit of the [TS]

  kc effect going because we have like [TS]

  every repair we'd ever done to it and [TS]

  all the paperwork going through it all [TS]

  the oil changes that we saved all that [TS]

  stuff and you can see me replace the [TS]

  head gasket when the water pump died and [TS]

  my wife group drove with it the [TS]

  temperature needed on h4 really really [TS]

  long time so you know new water pump new [TS]

  head gasket new timing belt new [TS]

  alternator battery you know fresh breaks [TS]

  press tires so many things we've done [TS]

  this a new radiator new spark plugs like [TS]

  we taking care of it we kept it up and [TS]

  everything like that it was it was still [TS]

  looking pretty condition but like the [TS]

  clutch need to be replaced and that [TS]

  would have probably been much more [TS]

  expensive than the previous repairs so [TS]

  the person was buying it for like for [TS]

  their kid to like learn how to drive or [TS]

  something like that and I really didn't [TS]

  feel too bad because like it's going to [TS]

  destroy this thing anyway like the car [TS]

  you learn to drive stick on is probably [TS]

  going to get mauled it's a great cover [TS]

  that like it if if you're selling [TS]

  somebody a car that doesn't have a whole [TS]

  lot of clutch lifetime left [TS]

  and you're selling it to somebody who's [TS]

  going to learn how to drive stick on it [TS]

  that's perfect then if they burn out the [TS]

  clutch in three months well that's [TS]

  because you're learning to drive stick [TS]

  on it was my dad whatever it was also I [TS]

  to admit it's the first is you know they [TS]

  saw all the repairs like if you don't [TS]

  see it then this little stack of paper [TS]

  that means its original and I believe I [TS]

  mentioned that probably have guilt you [TS]

  know it's the original collection the [TS]

  car has like a hundred fifty thousand I [TS]

  you do the math okay that's not cutting [TS]

  the last forever and not and I wasn't [TS]

  the sole driver this car like you know [TS]

  my whole family drove before they sold [TS]

  it to me so who knows would abuse this [TS]

  car had been through but i don't think i [TS]

  got like $1,500 for something like that [TS]

  it was like it was below 2000 and i was [TS]

  very happy to get it was certainly [TS]

  better than 0 and I was sad to see that [TS]

  cargo because simply replace it was [TS]

  crappy but never heard from the person [TS]

  again no problem i think they paid with [TS]

  a check in when it's like a thousand [TS]

  something boxing out like you know [TS]

  didn't need to get like 18 forms of ID [TS]

  and a cashier's check for a bank or [TS]

  anything it's just like well whatever [TS]

  you know we know where you are your name [TS]

  and your address and give us a check to [TS]

  check cleared we got the money signed [TS]

  over the title bun and done I was [TS]

  perfectly happy with the experience [TS]

  except for the fact that my poor [TS]

  pathetic . away from me and actually it [TS]

  occurred to me that I lied i have sold a [TS]

  car privately sort of so the 300zx I've [TS]

  mentioned in the past I had it I got it [TS]

  in 2003-2004 way at this was right after [TS]

  the Saturn's after mentioned wheel [TS]

  accident and so I have it was like six [TS]

  months after i got it or eight months [TS]

  less than a year after i got from my [TS]

  parents that it had been in the shop so [TS]

  often that I decided you know screw it [TS]

  i'm just going to go get a new car and [TS]

  so i bought the subaru and not only the [TS]

  Super's doing now the Z kind of SAT [TS]

  broken for a while and eventually I took [TS]

  it to the local Nissan dealer to figure [TS]

  out what was wrong with it and [TS]

  potentially get it repaired and I had [TS]

  said to the dealer [TS]

  hey listen I don't want this car anymore [TS]

  so if anyone wants it [TS]

  I'm open and as it turns out one of the [TS]

  mechanics there did want it and bought [TS]

  it for some absurdly cheap amount of [TS]

  money which I was fine with because I [TS]

  just wanted to get the hell out of my [TS]

  life [TS]

  even though I loved that car into this [TS]

  day i miss that car and I kind of wish I [TS]

  hadn't gotten rid of it [TS]

  I did strictly speaking sell that [TS]

  privately which was the easiest sale [TS]

  ever because I basically said here's the [TS]

  situation it is broken you know it's [TS]

  broken [TS]

  give me I think it's like 1,200 bucks or [TS]

  something absurd like that and we'll [TS]

  call it good and I was that love it was [TS]

  like I got more than that 492 silicon [TS]

  you sold like the maximum is much nicer [TS]

  car than that it was a 300zx but I don't [TS]

  know [TS]

  yeah but either way I get to activate a [TS]

  minute well and I mean you're right and [TS]

  I knew I was getting robbed but I was ok [TS]

  with it because I just didn't want to [TS]

  deal with the hassle of it yeah maybe [TS]

  that's the thing about like when you're [TS]

  selling an old car that's with you if [TS]

  you're in the the school of thought [TS]

  where you buy a car and you keep it [TS]

  until it's basically dead basically dead [TS]

  is the point where you sell it at that . [TS]

  the car is worth so little that you just [TS]

  want to get rid of it it's almost like [TS]

  you get like a grand or something and [TS]

  you're like wow okay well the cars out [TS]

  of my life I don't have to deal with it [TS]

  i have a thousand dollars in things like [TS]

  you'd run into a bit of value out of the [TS]

  out of the car maybe your maybe your [TS]

  300zx maybe you didn't get every bit of [TS]

  value out of that because it sounds like [TS]

  it was a little flaky but I I felt like [TS]

  I got everything I could get out of the [TS]

  Pacific and I mean the main reason i [TS]

  probably would repair the clutch if I [TS]

  was like single and wasn't you know [TS]

  starting a family or whatever but it's [TS]

  just it's a very small car it's not [TS]

  particularly safe it's old and you know [TS]

  I wanted to own it upgrade so i would if [TS]

  it was if i was looking at myself I was [TS]

  a bachelor just kept pumping money into [TS]

  my car because i loved it and the comedy [TS]

  of the 300zx is when we bought it we [TS]

  bought it from a friend of my dads whom [TS]

  had bought the car new and the clutch [TS]

  was shot when we bought it and we bought [TS]

  it knowing full well that we would need [TS]

  to do the clutch but dad being a [TS]

  mechanic he and I did the clutch [TS]

  together whereby I mean he did all the [TS]

  work and I was a go for his behalf and [TS]

  you had on the ranch yeah exactly [TS]

  exactly which brother it was a really [TS]

  cool experience doing the clutch in that [TS]

  car but as a man who i'm just being my [TS]

  father is a man who is used to like [TS]

  1970s era buicks and $YEAR and $YEAR [TS]

  dodgers and Chevy's to work on a car [TS]

  that was designed by the by the Japanese [TS]

  where everything is squished in is into [TS]

  a small place as possible he heated [TS]

  working on that [TS]

  our with a passion but yes when we [TS]

  bought it at a blown clutch when we sold [TS]

  it I forgetting it was something wrong [TS]

  with ignore when i sold it was something [TS]

  wrong with the ignition that was causing [TS]

  it to run like garbage and just like you [TS]

  said John couldn't agree more i was just [TS]

  happy to get out of my life and hey I [TS]

  got a couple that got like a thousand [TS]

  bucks out of the deal which is pretty [TS]

  sweet right years once you once you get [TS]

  down to that level of value where cars [TS]

  worth like a few thousand bucks at most [TS]

  then it started to become about timing [TS]

  it with maintenance you know like if [TS]

  it's like if you get if you get to get [TS]

  rid of this car before another year [TS]

  putting another thousand dollars into it [TS]

  the henna then you know it you come out [TS]

  roughly the same but that's why cars [TS]

  tend to have that their pricing tends to [TS]

  bottom out and stay at a certain level [TS]

  for a while like a an eleven-year-old [TS]

  car and a thirteen-year-old cards the [TS]

  same model is going to cost about the [TS]

  same amount like it's not going to that [TS]

  different because at that point you're [TS]

  just paying for occasional maintenance [TS]

  here and there you know your regular [TS]

  maintenance but you know you're not [TS]

  really like the depreciation is bottomed [TS]

  out and you're just kind of riding it [TS]

  out until it's totally way too expensive [TS]

  to repair and then you just get rid of [TS]

  it [TS]

  so anyway with my maxima I i sold that [TS]

  privately because i wanted to go without [TS]

  a car for a while to help save some [TS]

  money and i was living in in Pittsburgh [TS]

  at the time and I was in a nice place [TS]

  where I didn't I i don't really need a [TS]

  car i could walk everywhere that I [TS]

  needed to go including to work it was [TS]

  awesome i wasn't i love pittsburgh it [TS]

  was fantastic and so I went like six [TS]

  months at a car which first of all i [TS]

  would not recommend doing because if you [TS]

  have a gap in your insurance coverage in [TS]

  the u.s. I don't know how this works in [TS]

  other countries but in the u.s. if you [TS]

  go [TS]

  sigh I think more than 30 days without [TS]

  having car insurance [TS]

  it makes it very hard to get insurance [TS]

  again once you decide to resume needing [TS]

  insurance for owning a car and we pay a [TS]

  higher rate and a lot of insurers won't [TS]

  take you immediately this was a problem [TS]

  i had I i had the same problem i had [TS]

  actually worse in Brooklyn when I moved [TS]

  there for a year and sold the honda how [TS]

  it was worse because I went longer [TS]

  without a car and after I moved out of [TS]

  Brooklyn came up here that's the suburbs [TS]

  with my [TS]

  328i had to get like I think it would I [TS]

  think all states who I tried first I [TS]

  always had them and they would ensure me [TS]

  because it's what we can ensure somebody [TS]

  who had a lapse in coverage i think they [TS]

  assume if you have a lapse in coverage [TS]

  you're very likely to have like had a [TS]

  DUI or suspension or or you know maybe [TS]

  your you your credit is shot you're [TS]

  really short of money you got to sell [TS]

  your car for a while like they assume [TS]

  there's something about that that caused [TS]

  you to be much higher risk to ensure so [TS]

  i had to first have a year on travelers [TS]

  because i'll take pretty much anybody on [TS]

  some kind of super high risk thing that [TS]

  i paid way too much money for have a [TS]

  year on them first and then transfer to [TS]

  all state where they would like after I [TS]

  had another year of someone somebody [TS]

  else they would take me back even though [TS]

  i have a great i mean i didn't check [TS]

  geico I did that that's a good question [TS]

  that we can have heard only terrible [TS]

  things about about how I go respond in [TS]

  an accident like with repairs and stuff [TS]

  I've heard I've heard the worst things [TS]

  in the world second only by progressive [TS]

  who I've heard far worse things have [TS]

  apparently progressive is terrible to [TS]

  deal with if you ever need to make a [TS]

  claim but I don't have any first-hand [TS]

  experience that thank God but anyway so [TS]

  when i sold the maxima you know I it was [TS]

  i was so tired of pumping money into [TS]

  things like the windshield washer fluid [TS]

  tank and a million sets of brakes that a [TS]

  I sort of you know blue book value on it [TS]

  was something like five thousand dollars [TS]

  so i asked something here that I took a [TS]

  few people on test drives [TS]

  I think I did something craigslist you [TS]

  because it was around but not sucking [TS]

  yet and just like 2004-2005 maybe so [TS]

  yeah so the problem was it was such a [TS]

  time sink having people like come see [TS]

  the car schedule it with them scheduled [TS]

  to come look at it take a test drive [TS]

  you know it took so much time is such a [TS]

  pain in the butt that eventually and and [TS]

  like and like whenever you sell a car in [TS]

  the US that's a stick [TS]

  you're gonna have people who come all [TS]

  the way out to you no matter how many [TS]

  times you've said it's a stick [TS]

  they're gonna come all the way out there [TS]

  and say oh I didn't realize it was a [TS]

  stick [TS]

  I can't drive a stick hoop Cena so it's [TS]

  like that we can be something that I i [TS]

  think i ended up showing the car like 45 [TS]

  people i was getting fed up some guy [TS]

  comes [TS]

  who was gonna auction it and and put it [TS]

  on a boat to I think he said like I [TS]

  think he just basically said the middle [TS]

  east i assume it was a country in the [TS]

  Middle East that we know have a good [TS]

  relationship with because it's probably [TS]

  difficult otherwise their cars to them [TS]

  so he offered me $MONEY well below my [TS]

  asking price i think-think emergent [TS]

  think it was like 3500 out of my 5000 [TS]

  asking price he offered cash and and I'm [TS]

  like I was and he goes he came over he [TS]

  looks at the car [TS]

  I don't even think he drove it like I [TS]

  think it's just a look at okay i'll give [TS]

  you know 300 for it and he just takes a [TS]

  travel cash and I'm like you know what [TS]

  would you mind can we drive to the bank [TS]

  for a second and i drove into my bank up [TS]

  the blog and and I walk in and I had him [TS]

  like you know wait like you know a few [TS]

  feet back under the counter I'm like I [TS]

  just going to tell him like hey I'm [TS]

  selling my car to this guy I've never [TS]

  done this before can you just like look [TS]

  at this and deposit and just make sure [TS]

  its real and i'm not like make sure that [TS]

  there's no way this can go over aki and [TS]

  kai I don't know what I was doing you [TS]

  know like that's that's the amount of [TS]

  money that I would have definitely [TS]

  missed at the time and and you know you [TS]

  don't want to be scammed out of [TS]

  thousands of dollars so and having never [TS]

  done this before i was so paranoid about [TS]

  about getting ripped off and this guy [TS]

  was a pretty shady looking guy with a [TS]

  giant mullet who's gonna put my car and [TS]

  boat to the Middle East so you know I i [TS]

  I'd good reason I think to be suspicious [TS]

  but and and it and it was fine you turn [TS]

  it was fine now one thing that we have [TS]

  addressed though is when financing is [TS]

  involved and this is one area that I [TS]

  don't think I will ever tackle i really [TS]

  hope I never have to because like if [TS]

  either the buyer or the seller is [TS]

  involved with alone to to buy or sell [TS]

  this car i would imagine the complexity [TS]

  and that alone and the likelihood of the [TS]

  of the deal falling of heart is probably [TS]

  high enough that it's not worth even [TS]

  engaging in those deals you know I [TS]

  actually have a bit of a story about [TS]

  that i should also note that I what [TS]

  we've heard this question for many [TS]

  people but among the people we've heard [TS]

  this from was a [TS]

  in sims in and i wanted to mention her [TS]

  mostly because she was kind enough to [TS]

  use the phonetic pronunciation her [TS]

  follow-up are in her her feedback i [TS]

  should say which was very nice the [TS]

  problem right there [TS]

  yeah it is President Pro podcast [TS]

  feedback move see that's right that [TS]

  that's how you get attention [TS]

  we're very worst suckers at least i'm a [TS]

  sucker that way anyway but i think i [TS]

  mentioned the past before what before [TS]

  about the white 335i I had looked at a [TS]

  home on blue 335 that a gentleman in [TS]

  Florida was trying to sell and i think i [TS]

  told you the ultra succinct story [TS]

  earlier but the slightly longer version [TS]

  is it was at the time I felt like it was [TS]

  the perfect car and I still think to [TS]

  some degree it was a little bit better [TS]

  than the one I ended up with but the the [TS]

  guy was asking i think it was like 40 [TS]

  grand and so I talked to him on the [TS]

  phone a couple of times and he had done [TS]

  european delivery what like Marcos about [TS]

  to do and i'll be tagging along [TS]

  he had then had it shipped to the states [TS]

  as you do with european delivery and [TS]

  picked it up at the South Carolina BMW [TS]

  factory where he did the performance [TS]

  driving school which I'm hoping I can do [TS]

  that between mark and i would think john [TS]

  to meet us down there and I can convince [TS]

  market to do it anyway he had done all [TS]

  this cool stuff with the car he seemed [TS]

  like a genuinely nice guy and he had [TS]

  told me I'd ask her he had told me oh [TS]

  hey is this dude you own it you have the [TS]

  title in hand no no i don't but the bank [TS]

  is very clear the bank that owns it is [TS]

  very close by [TS]

  it's not like it was bankrupt hold on so [TS]

  it's not like it's bank of america you [TS]

  know it's it's a local credit union and [TS]

  blah blah and so I was like okay well [TS]

  why don't you let me know you'll make [TS]

  sure that you don't owe more than your [TS]

  asking for the car and let's get all [TS]

  that squared away and let's make sure [TS]

  this all works and if it does then don't [TS]

  go ahead and book a plane ticket and [TS]

  we'll go down and get it so we're going [TS]

  to complain ticket for for this deal it [TS]

  was in florida that was risk man that's [TS]

  such a risk [TS]

  well as it turns out i got on the phone [TS]

  with him a couple days later and I was [TS]

  ok so did you talk to thank ya i talked [TS]

  to think how much do you owe and again I [TS]

  think the car he he was asking 43 wanted [TS]

  40 and so how much do you owe 5100 [TS]

  how much was it you that's a lot on a [TS]

  335 my 335 sticker 55mm how long and how [TS]

  long did he have it near maybe two [TS]

  I didn't have a whole lot of miles on it [TS]

  either and it was well loaded I mean my [TS]

  my my 335 is about as loaded as they [TS]

  come as well but I mean this was also [TS]

  extremely well loaded in the lemond blue [TS]

  i believe is a BMW individual color so [TS]

  it was extra money and a section that [TS]

  was scrapped by the way but yeah it is [TS]

  it but so many so has he said I'm [TS]

  probably butchering these numbers but [TS]

  dude said oh yeah 52 so I was like well [TS]

  do you have that money between where and [TS]

  we haven't settled on a price yet but I [TS]

  was like listen I'm not paying that much [TS]

  so do you have that money [TS]

  well no so you're saying the only way [TS]

  I'm gonna get this car is if i buy out [TS]

  the loan [TS]

  yeah pretty much and that was the last I [TS]

  spoke to him yeah that's so that's again [TS]

  and you're lucky you at least knew that [TS]

  before you went down oh yeah oh you're [TS]

  before you tried to buy the car I mean [TS]

  no you're absolutely right [TS]

  that's the thing like I and this this is [TS]

  why i just gave the guy I i accepted the [TS]

  cash guys offer and why I don't even and [TS]

  when I got the one and you know you want [TS]

  the only way to get a 1m for almost the [TS]

  entire time they've been available is to [TS]

  get them used because they were so if [TS]

  you made and they all went like that so [TS]

  you know you had to search him and i was [TS]

  i was looking at listings for months [TS]

  one of the reasons i got the one I did [TS]

  was because it was sold by a dealer it [TS]

  was used but it was it and I had to go [TS]

  through the whole thing about waiting [TS]

  for the title because it was like a [TS]

  small dealer than it was kind of a a [TS]

  what's that word when a consignment sale [TS]

  kind of like that were like the dealer [TS]

  didn't actually own it anyway so but it [TS]

  was still done through a dealer and so I [TS]

  was willing I was way more willing to [TS]

  deal with that then just some random [TS]

  person who says hey got this awesome car [TS]

  it's a very expensive car and I've put [TS]

  all these aftermarket exhaust parts on [TS]

  it and all this crap here i'll give it [TS]

  to you like I don't want to deal with [TS]

  that at all and that's why to like I [TS]

  like what as i'm selling a car to I [TS]

  don't want to deal with the selling it [TS]

  as a seller either and so like when I [TS]

  have to presumably when i get the m5 [TS]

  going to trade in the one that notices [TS]

  massive white wine [TS]

  I'm sorry and I i could probably get [TS]

  more for almost certainly by a private [TS]

  sale but I asked my dealer like a you [TS]

  gonna make me an offer on this because I [TS]

  really really don't want to deal with [TS]

  that at it [TS]

  I don't care how good the buyers out of [TS]

  like the idea of trying to privately [TS]

  sell this one em and Trey having like [TS]

  have multiple people come to see it [TS]

  presumably they're going to want to test [TS]

  drive it and I'm like that it's just [TS]

  that sounds like such a pain to me now I [TS]

  don't want to have to deal with any of [TS]

  that [TS]

  and [TS]

  and [TS]

  so even if i have to lose maybe a few [TS]

  thousand dollars on resale that's [TS]

  probably going to be worth the reduction [TS]

  in in time stress and and risk I don't [TS]

  believe me that's why i'm planning on [TS]

  giving the subaru one giving but selling [TS]

  the subaru to a dealer to go to a car [TS]

  max or equivalent because I just want to [TS]

  deal with it but the interesting thing [TS]

  is you know I don't even really know [TS]

  what to advise like let's say you're in [TS]

  a position where you you own a car or [TS]

  you don't own it yet you have a you have [TS]

  a loan on a car that you're trying to [TS]

  unload privately I i'm at a loss for [TS]

  what I would even recommend doing [TS]

  especially in the case of let's say you [TS]

  have the loan through some national bank [TS]

  where you can't just go down to the [TS]

  local branch in order to get a title [TS]

  because on the other end if i was to buy [TS]

  a car like that i mean one of the [TS]

  conditions i had with the sky that I [TS]

  didn't end up buying from was that I was [TS]

  like hey listen I got to have the title [TS]

  before i give you all this money or you [TS]

  know where we've got to do it all in one [TS]

  shot yet because otherwise it's just not [TS]

  gonna work for me and so if you don't [TS]

  own your car outright you're trying to [TS]

  sell it and you still alone [TS]

  I don't even have the faintest idea what [TS]

  you could do to make your your situation [TS]

  any more appealing I mean John if you [TS]

  eat i presume you've never run into any [TS]

  of this have you know I'm like you know [TS]

  but selling my ancient cars like that i [TS]

  got from my parents so there's no [TS]

  financing on there i don't think i'm [TS]

  going to do the same thing when i sell [TS]

  my current 2002 civic type on I wanna [TS]

  trade in but for all i know the deal is [TS]

  going to save we don't want 2002 civic [TS]

  is a piece of crap and then i'll have to [TS]

  decide do I try to sell this private i [TS]

  look up a blue book value of this car is [TS]

  or try to get it you know one of those [TS]

  one of those things like CarMax or [TS]

  something we'll take the car but yeah I [TS]

  just want that I just wanted to go away [TS]

  and I'm hoping it's worth something too [TS]

  but I just assume it's worth zero [TS]

  dollars but I'm going you know i'm [TS]

  applying replacing with a record i guess [TS]

  and i'm assuming it does not contribute [TS]

  anything to me buying that accord and if [TS]

  it contributes a little bit then fine [TS]

  piano I just don't want to hassle i [TS]

  would love to just be able to trade it [TS]

  in [TS]

  yeah I don't blame you at all and [TS]

  actually it's kind of speaking of my [TS]

  recent car purchase i wanted to briefly [TS]

  weigh in on the beginning of the talks [TS]

  conversation about buying [TS]

  and so you know i bought the subaru new [TS]

  we bought my wife's monster new we [TS]

  bought the BMW use we have financed and [TS]

  not finance cars and I and I have to [TS]

  tell you in my personal opinion the best [TS]

  way to buy a car is lightly used and if [TS]

  you have the money pay for outright and [TS]

  the reason I say that is because [TS]

  hopefully if it slightly used to have a [TS]

  little bit little bit of warranty left [TS]

  or perhaps depending on the car you may [TS]

  even have a little bit of the [TS]

  maintenance plan left and buying it [TS]

  outright is extremely liberating because [TS]

  then you never ever ever have a car [TS]

  payment which is extremely extremely [TS]

  cool in and I hope I don't sound [TS]

  ridiculous when i say this because I [TS]

  assure you that I have it is not an [TS]

  often occurrence that I would pie a car [TS]

  outright we are no more affluent than [TS]

  anyone else our age but it you know if [TS]

  you save and if you plan for it [TS]

  I absolutely advocate for doing that if [TS]

  possible or putting down a very healthy [TS]

  down payment because then it just makes [TS]

  your lips one less thing to stress about [TS]

  and one of the reasons i don't like the [TS]

  idea of leasing is that i really dislike [TS]

  owing people money and I'm not saying [TS]

  the market that you do but to me that's [TS]

  just I owe somebody money and that that [TS]

  that I don't like that you know I always [TS]

  pay my credit cards off on time you know [TS]

  the only outstanding loan we have right [TS]

  now i believe is our is our mortgage and [TS]

  I just I don't like the idea of owning [TS]

  somebody and so I'm a little surprised [TS]

  markets knowing you as well as I do that [TS]

  you're the that that doesn't bother you [TS]

  that way as well [TS]

  well and normally having a debt over my [TS]

  head does bother me i'm the same way I [TS]

  right right that's like what [TS]

  so I as a total of everything I run the [TS]

  magazine my another this magazine for [TS]

  nerds like us and every issue that comes [TS]

  out i have to pay the writers that were [TS]

  in it and one of the things i hate the [TS]

  most is having to go to bed the night [TS]

  after I published it without having paid [TS]

  somebody because like I don't have their [TS]

  address yet or some some problem like [TS]

  that where like I can't pay you yet [TS]

  because normally I try to pay everybody [TS]

  immediately upon publication or even the [TS]

  day before usually just because i want [TS]

  this like this money is not mine it's [TS]

  over my head like when I pay i pay [TS]

  estimated taxes every month [TS]

  the IRS even though you don't you'll [TS]

  have to pay them every quarter [TS]

  I pay them every month because to me [TS]

  that money that's coming and coming that [TS]

  month that's allocated for taxes that's [TS]

  not my money [TS]

  I don't like I don't want to be holding [TS]

  on to it that you know right so like I [TS]

  definitely do feel that about debts for [TS]

  whatever reason maybe because of the way [TS]

  it's structured I don't know for [TS]

  whatever reason Elise doesn't feel like [TS]

  a debt to me and I know technically it [TS]

  is one but because like it's more like a [TS]

  long rental it like it's you know like [TS]

  could because the end of it is defined [TS]

  so you know i'm not saying i'm buying [TS]

  this car and then i'll sell it sometime [TS]

  for whatever it's worth the end i'm [TS]

  saying i'm going to have this car to do [TS]

  mostly whatever I want to for this [TS]

  period of time for this price spread [TS]

  across monthly payments and and so it [TS]

  doesn't really feel like a debt it feels [TS]

  more like well like Ali like like an [TS]

  apartment lease you know how like okay [TS]

  I'm paying to have this thing for this [TS]

  amount of time and and then at the end I [TS]

  I don't get it anymore [TS]

  like it's really just like a long rental [TS]

  but and I against I know technically it [TS]

  is probably considered that by most [TS]

  measures but it just doesn't have that I [TS]

  feel you guys just need to buy cheaper [TS]

  cars because you know i don't i think we [TS]

  did financing our cars but only because [TS]

  the rates are so low but we could have [TS]

  paid cash for like our first civic as we [TS]

  had the money it was just like that but [TS]

  the different the whatever the interest [TS]

  rate on the loan just so incredibly [TS]

  lower like well if we paid for it would [TS]

  you know drain a lot of our savings down [TS]

  so we'd rather just pay a small amount [TS]

  of interest you know so that we don't [TS]

  have any cash flow problems of some [TS]

  urgency map we would have the money [TS]

  liquid and ready to go you know what i [TS]

  mean but yeah if you buy an expensive [TS]

  cars is no reason you can't just pay [TS]

  cash for them right and especially that [TS]

  is and that is refreshing to just you [TS]

  know to be free and clear when you bring [TS]

  this thing home and not have to worry [TS]

  about like you know if you're doing if [TS]

  you're doing a budget to figure out what [TS]

  you have to put out each month or [TS]

  whatever you can just like set aside you [TS]

  know that is the question of you would [TS]

  you rather have another monthly payment [TS]

  on top of your caramel the payments [TS]

  and then like have to deal with the [TS]

  interest that you're paying on that [TS]

  would you rather just save for the 10 [TS]

  years that you own your previous car and [TS]

  then when it's dead [TS]

  take that money that you save and buy [TS]

  the new car right because I mean it's [TS]

  cheaper to is cheaper to pay it out [TS]

  right because you have to pay interest [TS]

  on the loan and even when the interest [TS]

  is low you know like . nine percent or [TS]

  whatever it still adds up over the life [TS]

  of the car so but for expensive cars [TS]

  it's seen unless you're ridiculously [TS]

  rich no one's club and although i think [TS]

  i am the friend of mine who has a [TS]

  hundred and something thousand-dollar [TS]

  car i'm assuming he paid cash for [TS]

  because he's to save like his whole life [TS]

  for that car and then you know it [TS]

  depends on your priorities right if [TS]

  you're single and you just USA I have a [TS]

  good job I've been working for many many [TS]

  years and I've stay put all my money [TS]

  aside to the supercar fund and then you [TS]

  just come in and say oh here you go [TS]

  paying cash yeah and actually i am no [TS]

  financial planner analyst or anything [TS]

  like that but one of the things that I [TS]

  think was brilliant that we did was when [TS]

  we did have two car loans after the [TS]

  first one was done we immediately took [TS]

  all of that money and just dumped into [TS]

  the other car and we ended up paying off [TS]

  but because we were already overpaying [TS]

  on the first car and so we ended up [TS]

  paying off both the cars considerably [TS]

  earlier than then our loans required us [TS]

  to and i will never forget i looked at [TS]

  Aaron one day not too long after we had [TS]

  finished the second car and I said or [TS]

  cheese you know I'm gonna get a little [TS]

  worried that I'm doing bills wrong [TS]

  because i feel like we just have a [TS]

  little bit more money laying around that [TS]

  we ever used to and then it occurred to [TS]

  me oh that's because we're not putting [TS]

  whatever the number was like a thousand [TS]

  dollars a month into these two darn car [TS]

  loans and so I i would absolutely say if [TS]

  you can buy it for you clear just like [TS]

  John in you and I both said i would [TS]

  absolutely do and the other thing I [TS]

  wanted to bring up our order build on is [TS]

  I'm very very very glad that we got one [TS]

  new car each and if you have the money I [TS]

  absolutely recommend it's pretty cool to [TS]

  know nobody's ever screwed around with [TS]

  your car before you now but that being [TS]

  said I haven't got the BMW use knock on [TS]

  glass because that's what my desk is [TS]

  made of it I don't have a problem with [TS]

  it hehe i don't have a problem with it [TS]

  and I'm very glad [TS]

  that we did get the BMW's because [TS]

  candidly if i were to try to buy a 335 [TS]

  new there's no way i could afford it so [TS]

  and I think Marco use one of you guys i [TS]

  thought was Marcus said something about [TS]

  this is sure to go but it let me get [TS]

  into a class of car that I may not have [TS]

  otherwise been able to in the cars in [TS]

  great shape and has a blemish here and [TS]

  there and there's you know there's a [TS]

  couple of minor cosmetic dings but that [TS]

  would have anything to do with that [TS]

  would happen even if I bought it new so [TS]

  if you have the means yes absolutely by [TS]

  new but I really really am glad that we [TS]

  got the BMW used and I don't know that [TS]

  I'll ever buy a new car again unless I'm [TS]

  just Scrooge McDuck style swimming [TS]

  through money [TS]

  well I hear there's a lot of money and [TS]

  podcast see all really because I haven't [TS]

  seen anything like this happen all [TS]

  kidding aside I meet it [TS]

  it's cool if you can do it i'm glad i'm [TS]

  very glad that both Aaron and I [TS]

  especially on because she had always [TS]

  drug driven really old cars [TS]

  I'm glad that we both got the chance to [TS]

  get anyone's but i would absolutely say [TS]

  if you find something you like used [TS]

  especially if it's a little bit better [TS]

  than what you would be able to afford [TS]

  new do it [TS]

  I don't have any regrets yet and like [TS]

  the one is another good example because [TS]

  that you just like you mentioned you [TS]

  bought used in and well I mean maybe [TS]

  that's a little different because it's [TS]

  impossible to find you like you would [TS]

  say well but also you haven't had any [TS]

  issues that's true however first of all [TS]

  it's still very young the car is only [TS]

  about a year old [TS]

  that's true and but the thing is with [TS]

  that car because it's both you know both [TS]

  aii own it [TS]

  I'm not leasing it so i have to consider [TS]

  a resale value of fluctuations and be [TS]

  because it's like this collectible rare [TS]

  car i am really scared about damage in [TS]

  that car like i have a level of paranoia [TS]

  and nervousness about that I really [TS]

  didn't think i would have and like I'm [TS]

  very very scared of damage I i'm so [TS]

  paranoid and like up you know i'll take [TS]

  out my 328 in any conditions at you know [TS]

  as long as it's safe to drive at all [TS]

  i'll take it out [TS]

  whereas the one hand i'm like me you [TS]

  know it's it's raining slightly hey [TS]

  don't or like you know they're I i'm [TS]

  driving to someplace where there might [TS]

  be a pebble on the road like i'm i'm i'm [TS]

  so paranoid about that i'm i'm not able [TS]

  to enjoy this [TS]

  only as I probably should that's why i [TS]

  like when it came time to decide what my [TS]

  next car was with the m5 I didn't even [TS]

  consider buying it or financing it i [TS]

  didn't even consider that i said i will [TS]

  i will only get an m5 if I can lease it [TS]

  because i don't want the stress of that [TS]

  your daughter is going to be paranoid [TS]

  driving that thing around exactly but [TS]

  it's so some for some reason the one [TS]

  hand was like oh I don't want to drive [TS]

  or repeal the m5 guys just like an [TS]

  everyday car [TS]

  well because because it's gonna be my [TS]

  everyday lease that I mean I i know this [TS]

  is ridiculous i was going to say an m5 [TS]

  right I'll be nervous for the first [TS]

  month until I get the first stuff on it [TS]

  somewhere and then and then I won't [TS]

  worry about it because it's elise like [TS]

  that's the beauty of leasing I would [TS]

  never in a million years feel [TS]

  comfortable buying this m5 and having [TS]

  that having that like hanging over me as [TS]

  this thing I have to make sure i don't [TS]

  cause much damage to it if you're [TS]

  missing out with the leasing is like [TS]

  having that decade long relationship [TS]

  with the car work becomes kind of like a [TS]

  family member and like you kind of you [TS]

  know you can't break it in and you know [TS]

  that that that's a fun thing to do and [TS]

  it [TS]

  I don't know if m5's are geared towards [TS]

  that because they made that they may end [TS]

  up being a little finicky and kind of [TS]

  temperamental and not the kind of car [TS]

  that you break-in over the course of a [TS]

  decade or so but who knows maybe they [TS]

  are but you'll never get a chance to [TS]

  find out because three years it will be [TS]

  out your door [TS]

  yeah i'm just i'm not that sentimental [TS]

  about about getting to know one car for [TS]

  a while [TS]

  well you've never committed to a [TS]

  relationship with the car haha the same [TS]

  thing is you're you're right though John [TS]

  because I mean as much as I bead on the [TS]

  subaru I'm gonna I'm gonna be sad when [TS]

  it goes i haven't driven it since I've [TS]

  been driven it like twice since I've [TS]

  gotten the BMW but I'm still gonna miss [TS]

  you my old weird when my own weird way [TS]

  when it's gone like I saw it like I told [TS]

  you earlier i didn't even have the see [TS]

  that long it wasn't a family for like [TS]

  five years but I personally didn't own [TS]

  it for that long and I still to this day [TS]

  miss that car and Aaron before she had [TS]

  her purse before she got her [TS]

  mazda she had a 1991 dodge spirit which [TS]

  probably cost $13 rolling off the [TS]

  showroom floor and in its defense that [TS]

  little [TS]

  bastard started every single time even [TS]

  if we hadn't touched it for months but [TS]

  she cried when that car left not [TS]

  actually was a little bit said even [TS]

  though I hated that piece of crap I get [TS]

  it you're right on it just becomes [TS]

  becomes part of the family and and you [TS]

  don't really get that with Elise which [TS]

  isn't necessarily bad but you are kind [TS]

  of missing out on your own little way [TS]

  well I'm I'm missing out on that but i'm [TS]

  also missing out on all the downside of [TS]

  all that you know the the other you [TS]

  already there at the as as John said [TS]

  earlier the car lottery of you know is [TS]

  this is this one going to be a lemon [TS]

  like it and it's going to require one [TS]

  more maintenance than it should like [TS]

  once again these are all perfect analogy [TS]

  to children you know or pets pets is a [TS]

  another one because you know the pets [TS]

  are gonna die before you so it's like [TS]

  well like what do I get am I going to [TS]

  get is this is just all gonna have some [TS]

  weird disease and that eventually it's [TS]

  gonna die that's going to be sad and you [TS]

  never know like but you still do it [TS]

  because you know that the relationship [TS]

  is worth it so I think eventually Marco [TS]

  you should settle down with a nice car [TS]

  for the long haul [TS]

  well in fact one of the this is gonna [TS]

  sound ridiculous now but you know with [TS]

  328i least it I I was not able to afford [TS]

  it with a whole lot of headroom at the [TS]

  time and and so I i keep down some of [TS]

  the options i didn't get the I driving [TS]

  at 335 like that there's a few i didn't [TS]

  get the Xenon's like there's a few [TS]

  things that I didn't get on it and you [TS]

  mean all the things I told you to get [TS]

  the end I regret yes okay yes and so [TS]

  they're like so when the idea came up [TS]

  about a year ago okay well I guess [TS]

  you're thinking maybe what I want to do [TS]

  next when this lease is over I did [TS]

  consider is buying it but I immediately [TS]

  ruled that out because like if i'm going [TS]

  to buy a car [TS]

  I'm not gonna buy this car like i'll buy [TS]

  one that's fully to have so one thing I [TS]

  did with the m5 is I equipped it such [TS]

  that I'd be happy buying it if it came [TS]

  down to that so I i'll just see it when [TS]

  you have at least you have that option [TS]

  unless you have an ev1 but otherwise you [TS]

  have that option and you know you can [TS]

  just you can live with it for three [TS]

  years and then decide okay do I want [TS]

  some more time with this car [TS]

  or not and and that I think again it's [TS]

  it's the flexibility you have with the [TS]

  least you know you don't have the [TS]

  flexibility in in mileage or some of the [TS]

  things you can do it but you have [TS]

  tremendous flexibility in you know you [TS]

  want to own this car for 43 years and [TS]

  then just a site decide then what you [TS]

  want to do with no financial risk really [TS]

  involved we'll see what happens that I'm [TS]

  i'm curious to see what what the first [TS]

  week of ownership is like and then what [TS]

  it's like once it gets off the boat and [TS]

  it's totally not leasing a puppy just [TS]

  like it that there are all their risks [TS]

  and you never know what you're going to [TS]

  get and it's probably going to have a [TS]

  sad ending but the time you have it you [TS]

  know you want to have that long-term [TS]

  relationship you know I just keep [TS]

  returning the puppy every three years [TS]