I searched and all I found was an archived thread, so I thought another one would be appropriate..
I leased a car 1.5 years ago (fully loaded Audi A4). Payments are $612/month. The worst part is, I pre-purchased $900 of miles which I now realize that I don't need. I got a good deal on the money factor (buy rate), but I did a 2-year lease and the residual was terrible and thus the high payments. There isn't a day that goes by that I wish I had a $200/month Toyota Camry or an older used car.
Shame on me. When I get married soon, I'm sticking to a used Acura or an Accord.
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posted: Nov. 25, 2007 @ 11:07a
psu26262
Senior Member
posted: Nov. 25, 2007 @ 12:10p
My first car! I had to replace the alternator every 2 years. And I totally agree with you since now I drive a Honda civic.
ArbolLoco
Tired Member
posted: Nov. 25, 2007 @ 1:09p
hd54321 said: I searched and all I found was an archived thread, so I thought another one would be appropriate..
I leased a car 1.5 years ago (fully loaded Audi A4). Payments are $612/month. The worst part is, I pre-purchased $900 of miles which I now realize that I don't need. I got a good deal on the money factor (buy rate), but I did a 2-year lease and the residual was terrible and thus the high payments. There isn't a day that goes by that I wish I had a $200/month Toyota Camry or an older used car.
Shame on me. When I get married soon, I'm sticking to a used Acura or an Accord.$612 for an A4... ouch! you could have made payments on a less decked out model for that much.
but hey it's hard to put a price on PRESTIGE.
RS4Rings
Back in Rehab
posted: Nov. 25, 2007 @ 1:16p
The hooker I got in Montreal that gave me an STD
ArbolLoco
Tired Member
posted: Nov. 25, 2007 @ 1:20p
scott1961 said: The hooker I got in Montreal that gave me an STDshould have used a Mastercard, they would have replaced your broken penis.
ArbolLoco said: scott1961 said: The hooker I got in Montreal that gave me an STDshould have used a Mastercard, they would have replaced your broken penis.
or atleast doubled the warranty on hooker's quality.
DjPiLL
Senior Member - 2K
posted: Nov. 25, 2007 @ 4:55p
ArbolLoco said: scott1961 said: The hooker I got in Montreal that gave me an STDshould have used a Mastercard, they would have replaced your broken penis.
I got a used minivan for 30K * list was 38+ * (technically used, only 478 miles on it), add an over priced extended warranty, 3k loss on my wifes trade in, also finance the sales tax ... plus got hoodwinked by the car salesMEN by buying on payments ...
I was shrewd, i made them throw in the extended warranty and still keep my payments under six hundred a month (which i could afford) ... but they won the game .. they didn't throw in anything ... they just extended the loan length ... 578 a month for 6 and 1/2 years. If only i knew about fatwallet back then ....
30k for the van might have been ok ... i sure did love it ..... but all in all ... worst deal for me.
First place: I bought a Cutco knives demo set and "bought into" Vector marketing, a company targeted high school students with the promise of an attractive minimum hourly rate for time invested. I bugged the crap out of my friends and family members only to have several of them cut themselves on the ridiculously sharp knives and to get screwed by the company when they refused to honor the minimum rate guarantee after I made my 40 pitches. Plus, the 40 pitches were billed to be 1-hour including commute time. When you're visiting friends and family, an appointment rarely lasted just an hour. Worst purchase and investment ever!
Second place: did the same thing with Amway in high school (see a trend here). However, this time I wised up a bit and stopped after just a few pitches. Also, I only ended up with like $150 in product, which I could actually use. The demo knives from Cutco were useless for me as a teenager and there was no eBay at the time to resell them.
Third place: 4-cylinder Toyota Camry. Pressured by parents to buy this boring a$$ car just a few years out of college. I could afford more and knew I wanted a V6 at a minimum. So I bent to their pressure - don't get me wrong, it's a great car - and bought the Camry. Nine months later, I bought myself a Viper for my 25th birthday. Went way overboard in the other direction. I blame the Camry In my defense, both cars turned out to be great. The Camry is still alive and kicking today with many miles. The Viper was hit by a drunk driver (while parked with no one in it) and I was reimbursed by insurance what I had paid for it two years and 24,000 miles earlier. I have never bought new or over $15K price since then.
Venturion said: Third place: 4-cylinder Toyota Camry. Pressured by parents to buy this boring a$$ car just a few years out of college. Unless they were paying for the Camry, how did they pressure a 24 year old with his own money to buy a car
Spac3d said: Unless they were paying for the Camry, how did they pressure a 24 year old with his own money to buy a car Actually, I have a great relationship with my folks and consult with them on major financial decisions. As for the Camry, this was my first, new car purchase. As I mentioned, their advice was in fact correct, just not for me at the time. I think had I purchased a used Acura or Lexus, I would have been happier and the decision would have proved financially prudent. And, no, they did not pay for the car; however, we treat our money as one and the same.
ArbolLoco
Tired Member
posted: Nov. 25, 2007 @ 7:40p
blew student loan money in law school on expensive drinks and travel I couldn't pay for otherwise. luckily I've paid it all off except for the subsidized portion at 3.75%
1. ANY crap I buy in Hot deals.... including the FAR stuff (which I didn't need in the first place!!!). I have so much stuff I DIDN'T need, and can't eBay it because OTHER people don't need it either!!!
2. ANYTHING I ever bought for the EX... LOL!
3. EVERYTHING I ever bought off WOOT!
4. The brand new cars I USED to buy.... even though they lasted about 10 years each! The Dodge Diesel (NEW) was the last new one I bought, because I figured the ENGINE would take the 300 to 400K miles I would put on it...(and now I am fixing the rust on the lower panels of the doors (CHEAPLY, by doing it myself)). The truck will fall apart before I sell it and buy a new one!
5. ANY bleeding edge technology. I got a GPS (C330) as a gift, with a list price of 400... I sold it, waited 6 months and bought a TomTom 910 (on clearance, for $124)... I never buy brand new tech. I had a timex sinclair (what a waste), and ran a BBS on a commodore 64 (the 20 Megabyte External Hard drive cost $700+)...
6. Golf Clubs (LOL)... what a waste of time and money!
ArbolLoco
Tired Member
posted: Nov. 25, 2007 @ 9:35p
sc300tt said: WoW: BC LEanyone want to buy a 70 human warlock with most of the new arena gear?
Boxcutter
Senior Member - 1K
posted: Nov. 25, 2007 @ 9:59p
You'll be hating the audi soon when you have to make repairs on it.
That's why I have an Accord.
Firedrake
Member
posted: Nov. 25, 2007 @ 10:28p
Cars are always the worst. I bought a Honda Prelude in 1998 that was 2 years old, and spent the next 6 years modifying the hell out of it. Spent ~$40K on that car, not including the $16K purchase price. Sold it in 2004 for a grand total of $11K for everything. It was a blast, but not a blast worth $45K. Lesson 1 says I should have kept the car stock and put the remainder in an energy sector fund, or bought a house.
Number 2 mistake was paying a small local roofer $8K to do my roof. The $8K wasn't bad, it was the shoddy work he did that I had no recourse on when he died a year later. Big companies will at least last long enough to get sued for shoddy work. Always use large established companies for major house work, lesson 2!
mobilebuddha
Happy Member
posted: Nov. 25, 2007 @ 11:00p
Worst/most regrettable purchase: (2 of them actually), WoW and Asheron's Call (or AC for short, for those of you that know the MMOs). Absolutely mind-bogglingly addictive AND boring at the same time. My first out of college job was DOA before I started my 1st day so spent the next 10 months doing nothing but playing AC and goofing off. Similar story with WoW.
Thank god my wife (now)/gf (then) made me pick between her or the game. I still play some FPS games to have some -balanced- fun but nothing like I did back then.
mobilebuddha said: Worst/most regrettable purchase: (2 of them actually), WoW and Asheron's Call (or AC for short, for those of you that know the MMOs). Absolutely mind-bogglingly addictive AND boring at the same time. My first out of college job was DOA before I started my 1st day so spent the next 10 months doing nothing but playing AC and goofing off. Similar story with WoW.
Thank god my wife (now)/gf (then) made me pick between her or the game. I still play some FPS games to have some -balanced- fun but nothing like I did back then.
no offense but that is quite pathetic
ArbolLoco
Tired Member
posted: Nov. 25, 2007 @ 11:39p
Firedrake said: Cars are always the worst. I bought a Honda Prelude in 1998 that was 2 years old, and spent the next 6 years modifying the hell out of it. Spent ~$40K on that car, not including the $16K purchase price. Sold it in 2004 for a grand total of $11K for everything. It was a blast, but not a blast worth $45K. Lesson 1 says I should have kept the car stock and put the remainder in an energy sector fund, or bought a house.yea but it must have been a real blast when the VTEC kicked in, yo.
ArbolLoco said: Firedrake said: Cars are always the worst. I bought a Honda Prelude in 1998 that was 2 years old, and spent the next 6 years modifying the hell out of it. Spent ~$40K on that car, not including the $16K purchase price. Sold it in 2004 for a grand total of $11K for everything. It was a blast, but not a blast worth $45K. Lesson 1 says I should have kept the car stock and put the remainder in an energy sector fund, or bought a house.yea but it must have been a real blast when the VTEC kicked in, yo. LOL... I'm sure he had some NO as well. The real blast is when the V1 kicks in late. I must have been pulled over more than 20 times with the Viper. The "take-the-cake" ticket was $450 for doing 105 in a 55. The officer didn't appreciate my response that I was slowing down from 150 as I came around the bend.
Leasing a car while in college (VW Passat), what a waste!
Total paid was $14k for 3 years of lease .. Never lease unless an accountant tells you to lease a car or your car will be an integral part of your business. Regardless of how you can justify it, leasing is simply MUCH MORE expensive and is a terrible financial move. If you have the money to throw around, go for it.
Venturion said: First place: I bought a Cutco knives demo set and "bought into" Vector marketing, a company targeted high school students with the promise of an attractive minimum hourly rate for time invested. I bugged the crap out of my friends and family members only to have several of them cut themselves on the ridiculously sharp knives and to get screwed by the company when they refused to honor the minimum rate guarantee after I made my 40 pitches. Plus, the 40 pitches were billed to be 1-hour including commute time. When you're visiting friends and family, an appointment rarely lasted just an hour. Worst purchase and investment ever!
I actually did the whole Cutco/Vector thing right after high school.. and it was worth it!
1) I got a bunch of great knives (at a steep discount that made them worth the price) 2) I made $1000 in a couple weeks (sold a few but mostly from the $13/appointment or whatever the rate) 3) People that actually bought the knives are still quite happy with them. They're good knives! (just overpriced)
I'll never buy the argument that a knife is too sharp. Sharper knives = less injuries than dull knives, if you use them properly
But back to the topic: most regrettable purchase was that 1.5L bottle of vodka that damn near landed me in the hospital.
kenblakely
Senior Member - 2K
posted: Nov. 26, 2007 @ 1:03a
I have Cutco knives and I love them. They're ridiculously sharp, and that's kinda the point. Cutco knives are the only thing I've ever bought from an MLM-type thing that was worth a damn.
We liked the Cutco knives that we've bought. 10+ years and no complaints.
1. Anyways, the worst purchase this year was a $60 500watt power supply. Don't get me wrong, it's a good power supply, but I misdiagnosed the problem for an older system and should have bought a new motherboard instead. Now it sits on the shelf. Aye..
2. I overpaid for the 3-year 24 hour fitness by like $100. At least I still go several times a week and the sales guy gave me a nutrition pack that he says is worth $129.
3. Those Thinkpads X60, T60, that were on sale earlier this year were a piece of crap. Overpriced and unreliable. It was a valuable lesson learned to stray away from Dell.
Just to put an end to the Cutco confusion, I agree the knives are great. We own several now (as adults who cook often). However, as a teenager, the demo kit and the MLM time investment were regrettable purchases for me. Also, sharp is good, but consider this analogy: giving a Ferrari to a lifetime Ugo driver. That's one of the reasons so many of my F&F cut themselves while demoing the knives.
Cashmonkey - I think the MLM model may have changed between our respective tenures with Vector. When I worked there, you either received commissions or the guaranteed hourly rate, not both.
Kanosh
Senior Member - 1K
posted: Nov. 26, 2007 @ 9:07a
This post has some echos in my life. When I was in high school I opened a "Mail Order Business" with the "help" of a company called Mail Order Associates. I had myself all worked up about how much money I was going to make. I spent a lot of time deciding on a product, placed two expensive ads ... waited for orders ... and waited ... and finally a few orders came, but not even close to paying for the cost of the ads ... and never got one "follow up" order their "instruction course" claimed I should expect.
Was this my worst purchase? No way. I learned a ton about how money is made - and how not to make money - and also gained a healthy dose of skepticism towards any "get rich" claims. When I see people in their 20s, 30s and beyond getting involved in such schemes, I feel thankful that I long ago learned my lessons and do not even contemplate such foolishness now.
Venturion said: First place: I bought a Cutco knives demo set and "bought into" Vector marketing, a company targeted high school students with the promise of an attractive minimum hourly rate for time invested. I bugged the crap out of my friends and family members only to have several of them cut themselves on the ridiculously sharp knives and to get screwed by the company when they refused to honor the minimum rate guarantee after I made my 40 pitches. Plus, the 40 pitches were billed to be 1-hour including commute time. When you're visiting friends and family, an appointment rarely lasted just an hour. Worst purchase and investment ever!
Second place: did the same thing with Amway in high school (see a trend here). However, this time I wised up a bit and stopped after just a few pitches. Also, I only ended up with like $150 in product, which I could actually use. The demo knives from Cutco were useless for me as a teenager and there was no eBay at the time to resell them.
Third place: 4-cylinder Toyota Camry. Pressured by parents to buy this boring a$$ car just a few years out of college. I could afford more and knew I wanted a V6 at a minimum. So I bent to their pressure - don't get me wrong, it's a great car - and bought the Camry. Nine months later, I bought myself a Viper for my 25th birthday. Went way overboard in the other direction. I blame the Camry In my defense, both cars turned out to be great. The Camry is still alive and kicking today with many miles. The Viper was hit by a drunk driver (while parked with no one in it) and I was reimbursed by insurance what I had paid for it two years and 24,000 miles earlier. I have never bought new or over $15K price since then.
razorweb
Ancient Member
posted: Nov. 26, 2007 @ 10:51a
The Panasonic PT50LC13 50" LCD Rear projection TV for 2600 dollars. It's a money pit, as the power regulator is defective in every unit. It is the subject of a class action litigation, but I never was eligible for a payout, since my bulb broke 2 times instead of the required three. A total lemon.
Lifetime subscription to REPLAYTV. I LOVE the unit and the ability to fade out when commercial break starts and fade in at the end of the commercials. BAM! No commercials.
But, after a year of enjoying this fantastic service, I decided to quit T.V. So, after canceling cable, I only get snow on my set. One day, maybe I'll rejoin the world of television and have a use for this baby!
aeiouy
Senior Member - 1K
posted: Nov. 26, 2007 @ 11:01a
I have made some bad purchases, but none of them very expensive. I have avoided the bad car decision bug, because I hate buying cars, and when I have a car I drive it for a long time.
I did have a friend though, who was working as a waiter and going to school, who already had a servicable car, but decided he needed to buy a second car. I believe this was girlfriend influenced. Anyways, he took on like a $475 monthly payment even though he was on a very limited income. About two weeks later his girlfriend crashed the new car and had both airbags deploy. Somehow he got rid of the car, but I am not sure how much it cost him.
leonardo1
Senior Member
posted: Nov. 26, 2007 @ 11:12a
DavidScubadiver said: Lifetime subscription to REPLAYTV. I LOVE the unit and the ability to fade out when commercial break starts and fade in at the end of the commercials. BAM! No commercials.
But, after a year of enjoying this fantastic service, I decided to quit T.V. So, after canceling cable, I only get snow on my set. One day, maybe I'll rejoin the world of television and have a use for this baby!
quit tv? interesting. how's that going for you? it's almost impossible for me to imagine not having some kind of tv access...
clyde_frog said: DavidScubadiver said: Lifetime subscription to REPLAYTV. I LOVE the unit and the ability to fade out when commercial break starts and fade in at the end of the commercials. BAM! No commercials.
But, after a year of enjoying this fantastic service, I decided to quit T.V. So, after canceling cable, I only get snow on my set. One day, maybe I'll rejoin the world of television and have a use for this baby!
quit tv? interesting. how's that going for you? it's almost impossible for me to imagine not having some kind of tv access...I thought it would be next to impossible to do. But, I can definitely recommend it for several reasons.
1) I sleep more. 2) I rarely am bombarded by bad news. 3) I have more time to do everything else. 4) We have more fun in bed because we have to entertain ourselves somehow. 5) Then we sleep better as a result.
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