Does the car you drive

[kinaero]

..matches the house you living in?
One would normally associate a £100k+ car parked outside a very expensive detached property in a well-heeled neighbourhood.

But what are your opinions if you see a £100k+car parked outside a terrace house in an average area?

This is what I see every morning on my way to work, obviously its owner decision to buy whatever he likes(based on assumption he really owned the car)

Think I would be embarrassed if I buy a car that cost nearly as much as the house itself!!

 

[tromppost]

Park-on-my-drive ??

 

[BTB 500]

Cars depreciate rapidly for the first few years so unless they're brand new they might not be worth as much as they look. Also of course they may be leased rather than owned.

I know what you mean though - I see nearly new Mercs and BMWs parked on the drives of council houses near us.

 

[Charles Morgan]

A chap up the road in a small two bed terraced cottage has a brand new Audi R8 outside (now with expensive plate). He previously had a brand new Nissan GTR. It beats my collection of junk and rustheaps, but what I like about him is he drives down the 30mph lane at 20mph every time.

I do have a rough rule that if your car is longer than your house is wide you're either an undertaker or you're in for some large bills!

 

[Deleted member 37751]

A lot of tiny houses in London cost millions so it's not necessarily about how 'big' the house is.

 

[SilverSaloon]

But what are your opinions if you see a £100k+car parked outside a terrace house in an average area?

i would think they are financed up to the hilt or Hyasyth is visiting Onslo

 

[st13phil]

Think I would be embarrassed if I buy a car that cost nearly as much as the house itself!!

Why? Surely it's a lifestyle choice?

There are many people who neither need nor want a large, expensive, property as a primary residence to keep them warm, dry and comfortable so choose to live in what some may think of as a "modest" house. Those same people often choose to spend some of their money that they don't have locked in unnecessary property on other things that they enjoy - and why shouldn't they?

There's nothing other than individual insecurity that says you have to live in an expensive house to enjoy owning and driving an expensive car.

 

[Deleted member 6183]

My car (just the daily driver) cost less than 3% of my home value.

 

[kinaero]

A lot of tiny houses in London cost millions so it's not necessarily about how 'big' the house is.

a single garage would probably cost a million, London is excluded

 

[moonloops]

a single garage would probably cost a million, London is excluded

1/2 million actually is the going rate.

1 bed flats apartments start at just over a million now.

 

[scottydee]

Company car?

 

[moonloops]

I'm currently driving a £1300 stealth-mobile as it has to be understated and sit in various car parks where work takes me. Still faster than most "sporty cars". Right tool for the job at the moment.

 

[BenzedUP]

A lot of tiny houses in London cost millions so it's not necessarily about how 'big' the house is.

Yes, if you see my flat in London you would think it's a dump from the outside.. lol

I have a 2 bed flat in London and a villa in the south of France.

I don't need big places, it's only me and my other half, nothing to be embarrassed about, everyone has their own priority and things in life, people who look at these things are just sad, imo.

Focus on your self, not others.

 

[poormansporsche]

There are certain sections of society who view cars as purely a status symbol and choose to drive cars they cannot afford. You should see the modern expensive cars round here on the back of the police towaway trucks when they do the monthly road tax checks

 

[Giantvanman]

Think I would be embarrassed if I buy a car that cost nearly as much as the house itself!!

I know someone who criticised a neighbour (a different area to me) for this very thing along the lines of, that guy just wants to be flashiest fish in this small pond. I would say it revealed more about the nature of envy than the motives for having a small house and an expensive car.
As I found out, the target had had a streak of fortune; landed a better job and was bequeathed some money, resulting in him buying his council house and a nice car. Where was the harm?

 

[kinaero]

Yes, if you see my flat in London you would think it's a dump from the outside.. lol

I have a 2 bed flat in London and a villa in the south of France.

I don't need big places, it's only me and my other half, nothing to be embarrassed about, everyone has their own priority and things in life, people who look at these things are just sad, imo.

Focus on your self, not others.

Wished I'd took advice from one of my friends just a few years ago to invest in a dump down in London, I'd have been quids in
Being a bit of petrol head , nice cars get spotted a mile away, especially when one drive pass it every morning, its hard not noticing the car was parked outside a ex-council 2 or 3 bed terrace.
But then again , my wife thinks I am sad joining a car forum

 

[John]

I would rather a more modest property and a more expensive car.

I enjoy the car more than the property and having an enormous mortgage and not much money to spend is never much fun.

 

[jotter22]

Wished I'd took advice from one of my friends just a few years ago to invest in a dump down in London, I'd have been quids in
Being a bit of petrol head , nice cars get spotted a mile away, especially when one drive pass it every morning, its hard not noticing the car was parked outside a ex-council 2 or 3 bed terrace.
But then again , my wife thinks I am sad joining a car forum

So your wife and i have something in common....the difference being is the fact you asked this question and she just thinks your SAD because you joined a forum that may contain poor people!

Tony.

 

[kinaero]

My post wasn't about me envying somebody buying/leasing a fancy car.

Yes i get some people don't want to live in a big fancy house, thats fine, but what i don't get is why some people would spend a fortune on depreciable asset, yet still living in a mainly council estate area, think I would rather use the money to at least move out of the area or at least move to a house where you can park your car on the own drive

 

[Meldrew2]

A smart house can be very basic inside - just as the opposite - a modest exterior can disguise a superb interior.