Coli Ballers, is it frontin' if I buy a used Bentley GT?

[KicktheBallistics]

I honestly hear what you and others are saying but I truly think most people are hating when they say stuff like this. I'm so used to folks being negative esp online I just take as such when I know its not always like that. Making money and looking good aren't mutually exclusive but if you notice when it comes to us oftentimes it seems like that's how we make it seem. You tryhng to get a Bentley where your mansion, private jet, stock portfolio, generational wealth, etc like most asking got any of that shyt themselves. Unless a person say they are struggling and can't really afford it I try to assume they can since I don't know cats personally so that's why I don't really feel the need to be Suzie Orman on dudes. A car that cost 60k will not ruin you unless you are way out of your financial budget realm.

Why is hating the default answer when people offer an opposing view?

I work in Finance, this is what I do for a living. Just because you have $50K liquid doesn't mean you should drop it on a depreciating asset and yes a Bentley does depreciate although not at the same rate as other cars. That said, he could easily drop that $50K on real estate, flip the house, and get 2-3x his investment. Boom, instant return on his investment. He could invest in the market, buy some shares on a new IPO and get his ROI that way.

But hood rich people don't think like that because they want to look good right now and then when they hit around 60-65 they counting down the days to get their measley $100/month SSI because they weren't smart with their money.

That said, in order to build wealth, you have to let your money make money and dropping money on a Bentley is just not going to do it.

 

[KicktheBallistics]

dp

 

[philmonroe]

Why is hating the default answer when people offer an opposing view?

I work in Finance, this is what I do for a living. Just because you have $50K liquid doesn't mean you should drop it on a depreciating asset and yes a Bentley does depreciate although not at the same rate as other cars. That said, he could easily drop that $50K on real estate, flip the house, and get 2-3x his investment. Boom, instant return on his investment. He could invest in the market, buy some shares on a new IPO and get his ROI that way.

But hood rich people don't think like that because they want to look good right now and then when they hit around 60-65 they counting down the days to get their measley $100K/month SSI because they weren't smart with their money.

That said, in order to build wealth, you have to let your money make money and dropping money on a Bentley is just not going to do it.

Hating is the default answer online not necessarily IRL moreso because of the dynamics. IRL most people you would be talking to about this stuff already have some knowledge of your situation unlike online where people extrapolate their situation to everybody even though we probably all are guilty of doing that a time or two. That's all don't make it like if you disagree with me you are a hater that's not what I'm saying at all because I disagree with people on here all the time. Its all in the context for me and the reasons I stated are why I feel that way on these types of issues not every one.

You are also acting like your way is without fail we both know it isn't just plunk down cash in real estate, stocks, other investment, and boom here goes your ROI. If that was the case everybody would be doing it. Again just cause you have a Bentley why does that mean you don't have anything else? That's whats funny to me just like you said why go negative why assume that man you don't know don't have his shyt in order just because they aren't doing just like you(general) would do? That is the reason people IMO mostly use the guise of looking out for people when they just want to poo poo and insult them that's why I think most are trying to be negative. You have a different look cause of what you do but most are just crabbing but like I said that's life.

 

[Michael's Black Son]

That out of warranty BMW maintenance will kill you so do like homie said, and cop that A5. shyt still looks current and that 645 looks ancient compared to the new 6-Series whips and the 6 Series Gran Coupe will make that 645 look flat outdated. And don't even bother with the Bentley even tho the price looks right.

 

[88m3]

Seems like a horrible idea.

Buy a new car or a two year old sports car for 50/60k if you want to stunt or lease a 100k car if you make money like that.

otherwise

 

[mcdivit85]

I think you speak from the perspective of somebody that doesn't really know people with real money. Well I know for a fact did you just say my peoples car cost more than his spot? lol yall cats are funny. I always say that when people go with the people only buy a certain car when they got x amount of money. I'm not saying people don't do it like that but its alot of people with loooong bread who do it like I said too. I didn't know living downtown of a major city was basic though but thanks for telling me. The point of having a 1 bedroom is thats the amount of space he needs. Why get a 2/3 br just so haters can not say you broke? fukk em If I'm living downtown in any major city its nothing nobody IRL and definitely on the coli could tell me about myself. So yes you are right in that's how people I know live but if that is what makes them ****** rich when I know for a fact they doing their thing financially so be it. Seriously stop just regurgitating shyt y'all heard millionaires next door say. It works but if you work hard you can definitely play hard.

Playa, I live in Philly like you. I've lived in a two-story apartment with a view of the skyline outside of my living room window within walking distance to 30th station, Market St and University City a few years ago....and I'm in my 20s. I know people who have apartments downtown...and NO, its not major in the grand scheme of things. Owning a 1BR condo puts someone in a different position than renting a 1BR apartment.

Since then, I've moved to a few spots. The place I'm staying now has a dude who has a Bentley AND a Lambo....living in an apartment. Now, you might think that dude is doing something. But in my mind, I can only shake my head at a dude who has two extreme luxury vehicles staying in an apartment even if the building may be in a nice area with some nice conveniences. Not hating on dude because I don't know his situation, but that kind of mindset doesn't make sense to me.

I'm not trying to clown you or your homie...I simply don't agree with your line of thinking that I see way too many dudes living with. Especially black dudes who think "looking like" money is the same thing as having money, which there are plenty in Philly. What I'm saying is if somebody is going to buy a Bentley or any other luxury vehicle, I would think that everything else is trump tight as well.

I don't mean to sound like I'm re-spouting a cliche line about stacking your bread and being conservative. I believe in having fun and treating yourself, if anything just for motivation to keep going out there. But I'm speaking from what my eyes have seen and my ears have heard....not from a book.

We can agree to disagree...no disrespect intended.

Peace

 

[Mr. Somebody]

I'm lookin' at coppin' a ride for the summer, been looking at around the 25K-30K mark, I can pick up a 645 convertible. By random chance, a friend of mine told me he was looking to sell his '05 Bentley GT, at about $50K. I was like how in the f*ck are Bentleys that cheap? Been checking online and it seems that's about the going rate. So I'm basically thinking about buying the 645 cash vs financing the GT. I still got time as I won't really need a summer car before April, just lookin' to get an opinion as I personally feel it's kind of frontin' to be drivin' a Bentley and not be getting Michael Vick money. Let me know what y'all think, and if there are any other suggestions for a summer ride in the 20-30K range, let me know.

Wouldnt you rather buy a house. Come on friend, lets get our priorities together. Lets get our responsibilities in order. Buying a Bently GT, a car that depreciates in value, over a house, that increases in value and allows you to have equity in the bank. Seems like a no brainer. Maybe you should buy a house instead or um you know, add value to your current home.
I mean really the only reason to buy this car is to show off, but for who and why? Show off your property, friend.

 

[Non Sequitur]

Financially speaking, "stunting" is always a bad idea and a waste of money.

 

[philmonroe]

Playa, I live in Philly like you. I've lived in a two-story apartment with a view of the skyline outside of my living room window within walking distance to 30th station, Market St and University City a few years ago....and I'm in my 20s. I know people who have apartments downtown...and NO, its not major in the grand scheme of things. Owning a 1BR condo puts someone in a different position than renting a 1BR apartment.

Since then, I've moved to a few spots. The place I'm staying now has a dude who has a Bentley AND a Lambo....living in an apartment. Now, you might think that dude is doing something. But in my mind, I can only shake my head at a dude who has two extreme luxury vehicles staying in an apartment even if the building may be in a nice area with some nice conveniences. Not hating on dude because I don't know his situation, but that kind of mindset doesn't make sense to me.

I'm not trying to clown you or your homie...I simply don't agree with your line of thinking that I see way too many dudes living with. Especially black dudes who think "looking like" money is the same thing as having money, which there are plenty in Philly. What I'm saying is if somebody is going to buy a Bentley or any other luxury vehicle, I would think that everything else is trump tight as well.

I don't mean to sound like I'm re-spouting a cliche line about stacking your bread and being conservative. I believe in having fun and treating yourself, if anything just for motivation to keep going out there. But I'm speaking from what my eyes have seen and my ears have heard....not from a book.

We can agree to disagree...no disrespect intended.

Peace

No shyt you live in Philly or know about it that's why I keep making the references about the city I'm making lol. Of course we can agree to disagree too but like I said fukk a book or what is the norm its a case by case basis. You are speaking on dude with the Bentley and Lambo but like you said you dont know his situation. Thats where i think the hater part comes in from me at. If dude was being stereotypical and had a jetta or some non discript car its ok but these two nope dude over spending. That could be true but unless you know people to assume that would be hating to me. At least you do know you sound cliche with that stack and be conservative bullshyt lol but you can do both. I don't care about that because we all get our views from somewhere I just think people need to go on a case by case basis that's all.

Last thing you know if you just had paid attention you would have known my peoples own their spot because in a previous post I said a 60k car cost more than a spot downtown. I know that might have went over your head and I'm not being funny (you just might not have paid much attention to that) but that's why I said in some situations people are talking lunacy. No disrespect taken or intended either its just a discussion

 

[Anothergirl]

lol...black people.

 

[Anothergirl]

Wouldnt you rather buy a house. Come on friend, lets get our priorities together. Lets get our responsibilities in order. Buying a Bently GT, a car that depreciates in value, over a house, that increases in value and allows you to have equity in the bank. Seems like a no brainer. Maybe you should buy a house instead or um you know, add value to your current home.
I mean really the only reason to buy this car is to show off, but for who and why? Show off your property, friend.

 

[Jayson_bourn]

I don't know if you know what you are talking about unless you are talking cost of maintenance because on many forums where cats have this car they say its not really bad at all. Its just when stuff goes its expensive compared to regular cars but hell if dude buying this car he should have money for maintenance or else fukk he buying the car for. For 50k that shyt must have like 50k miles though because I usually see them for about 60-70k in that year range with 20-40k mileage wise. I would buy it because why get a bmw/e class that is relatively normal when you can have a Bentley (that still isnt the norm) that still looks good even though they switched up the design? That's if you can afford the fixing of things and remember the iPod shyt isn't in most of them if you care about that in this model year

This was my main point... Alot of us here drive euro. Alot of us also have warranties and etc, because it would be foolish to not have one. Does this car have a warranty? I don't really care about his house or what he's doing with his life. I'll keep the topic to the car because that's what he's asking about.

If something goes wrong with the vehicle he has to foot 100% of the bill. He could easily end up with a car that is sitting for a months because of repair costs. Not to mention that it'll likely have to be put in a dealership owned repair facility because I can't think of many privately owned shops that would be willing bother with it. The parts costs will kill him because the dealer will mark them sky high. If he decided to buy his own parts he'll then need to perform the repairs on his own or find a shop that will be willing to work on his car and use the parts he's supplied. Lets say he does find a shop and does use his own parts, the shop then won't give him a warranty for said repairs because he supplied the parts...this is not hate, these are realistic scenarios.

We're talking about an exotic car thats almost ten years old. I'm sure its a great car and worth every penny when its running. How can we guarantee it'll stay running? How well was the vehicle maintained before he got it? I don't mean to sound negative but you have to plan for the worst outchea.

 

[Mr. Somebody]

We cant put the cart before the horse out here friend.

 

[Anothergirl]

We cant put the cart before the horse out here friend.

exactly.

 

[philmonroe]

This was my main point... Alot of us here drive euro. Alot of us also have warranties and etc, because it would be foolish to not have one. Does this car have a warranty? I don't really care about his house or what he's doing with his life. I'll keep the topic to the car because that's what he's asking about.

If something goes wrong with the vehicle he has to foot 100% of the bill. He could easily end up with a car that is sitting for a months because of repair costs. Not to mention that it'll likely have to be put in a dealership owned repair facility because I can't think of many privately owned shops that would be willing bother with it. The parts costs will kill him because the dealer will mark them sky high. If he decided to buy his own parts he'll then need to perform the repairs on his own or find a shop that will be willing to work on his car and use the parts he's supplied. Lets say he does find a shop and does use his own parts, the shop then won't give him a warranty for said repairs because he supplied the parts...this is not hate, these are realistic scenarios.

We're talking about an exotic car thats almost ten years old. I'm sure its a great car and worth every penny when its running. How can we guarantee it'll stay running? How well was the vehicle maintained before he got it? I don't mean to sound negative but you have to plan for the worst outchea.

Nah I can understand and respect this post 100. You keeping it about the car and that only and I said the same thing regarding paying for maintenance. If dude can afford it why not thats all Ive been trying to say. All this other stuff outside the car and being able to take of it is how Ive been saying in previous post.