Which: 21K car or 18K + Breitling?

Lease a new whip and get A Rollie,

Purchase assets that appreciate.

Borrow Assets that depreciate.

The watch will be worth the same if not more in ten years. The car will be in a junkyard. Figure $300 a month over 3 years is $10,800 in lease payments. So he can whip a new car for the next 6 years for ~$20K, while keeping the money in his pocket and being able to get a watch in the meantime.

And I'd steer clear from buying a breitling just to get something nice, he should shop around through multiple brands and find one he will still be happy with for many years to come. I bought a watch last year for a significant amount, and never once had buyers remorse. if I had gotten the other one that I was so-so on, but would have saved me some, I guarantee I would regret it or would be ready to move on.
 
Lease a new whip and get A Rollie,

Purchase assets that appreciate.

Borrow Assets that depreciate.

The watch will be worth the same if not more in ten years. The car will be in a junkyard. Figure $300 a month over 3 years is $10,800 in lease payments. So he can whip a new car for the next 6 years for ~$20K, while keeping the money in his pocket and being able to get a watch in the meantime.

And I'd steer clear from buying a breitling just to get something nice, he should shop around through multiple brands and find one he will still be happy with for many years to come. I bought a watch last year for a significant amount, and never once had buyers remorse. if I had gotten the other one that I was so-so on, but would have saved me some, I guarantee I would regret it or would be ready to move on.
What about at the end of the lease? He's going to have to get another car regardless. There's some details OP is leaving out as well. Does dude plan on paying cash for the whips? At the end of the day, you're paying the depreciation in a lease. But I get your point @jman219  , he'll have more capital to work with for sure.
 
You can get something nicer than a mazda for 18k...i would cop a maxima for 16, spend 2k making it look sexy, and instead of a breitling cop the omega speedmaster in black 
pimp.gif
 
Again, some decent and helpful responses in here for the most part.

The car is more of a need while the watch is an obvious want.

He won't be paying cash, but he intends to put 35 - 40% cash down for the whips.

The Mazda he's looking at is one of the Touring trims. That's why it's a little higher than the MSRP (frankly, I don't know that much about whips - neither does he)

Also, unsure why a lot assume he won't wear the watch. He's not hell bent on buying a Breitling either. I know he's also looking at Omegas. But I think the Breitling is his first choice.
Personally, I have always worn a watch. Always. I don't use the phone to tell time. I use my watch. I love watches but I currently can't afford anything more than my Citzens
 
da hemi isnt eem an option?

 
Ninjahood rolling over on his pile of shoes in da kitchen.

Da Hemi is always an option, b.

Even when it's not an option, it's an option.


Cuz trying to buy transportation and buy watch to stunt for the gram.


Tell that fool to get his priorities together. Put that money aside for maintenance or something.

That's the male equivalent of a female driving a civic but got a Louis Vuitton bag.


OP sure does know a lot about his boys financial situation/decision

Stop trying to stunt op. Live within your means
 
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Lets look at it from an analytical standpoint. I sold cars for an authorized Mercedes dealer here in the city. Based on both models (which both hold their value pretty well), I would personally go with the Acura. Mazda's are great cars but I can't see myself dropping $20k on Mazda's most affordable model.


Two years from now:


Mazda's estimated residual value (guesstimation mixed with research as well as driving the car at industry average 15k miles/yr): Around 13k at the absolute best (aka $291 a month over 24 months,)
Acura's estimated residual value (guesttimation mixed with research as well as driving the car at industry average 15k miles/yr): Around $15k at the absolute best (aka %250 a month over 24 months).


The Acura already has less than industry average miles therefore making it a better buy imo. Although it may be outside of factory warranty, it has such low miles you won't have to worry about much.


**** that damn watch although Breitling watches don't depreciate much. Save that money for maintenance or at least go to the casino to double it.

Exactly.
 
If you are buying used cars...with a loan... breitlings are not for you.

It doesn't make financial sense, to spend money on a luxury item while simultaneously going into debt.  

That's why they're called luxury items: they are supposed to be for people who have the luxury of tying up money in superfluous goods.  If you are indebted to someone, you don't have that luxury.
 
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So buying a used car and/ or taking an auto loan means you don't have money?

Honestly that sounds like a broke persons perspective. Buying new with cash is just not very smart in most cases.

Have a car note and looking at a GMT 116710 so you can see me with the bank account (not srs)

That said OP really does seem to not have great financial sense
 
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