General [M]ayhem

Go Back   General [M]ayhem > General [M]ayhem > Automotive [M]ayhem
Register Members List Mark Forums Read [M]erchandise Calendar

Reply
 
Thread Tools
brown card
 
brown card's Avatar
 
Guys... I have a problem.

https://www.carsbyme.com/blog/the-co...to-buying-cars

Quote:
Summary: Rob invested and/or took on debt of approximately $304,000 and sold everything essentially for $248,235. Effectively leaving him in a $55,765 hole. Fortunately, what he's left to cover out of pocket is roughly $15k in debt, still not good but could have been so much worse.
Quote:
My assumption that Rob was well off, or that his family must be wealthy was completely wrong. Then I thought well how the hell is a 24 year old able to own 44 cars in just the short amount of time he's been legally able to drive. The short answer is debt, while the long answer has to do with addiction.

I know most of you are probably quick to judge, as I did initially, someone like this is crazy. How could someone think that buying and selling cars, even at a break even point (best case scenario), at this volume for personal enjoyment make sense? The only explanation I could think of is this has to be an addiction issue, just as a alcoholics and drug addicts are victims of addiction.

Last edited by brown card; 01-06-2015 at 10:19 AM..
Old 01-06-2015, 10:12 AM brown card is offline  
Reply With Quote
#1  

Advertisement [Remove Advertisement]

Overeating
 
My assumption that Rob was well off, or that his family must be wealthy was completely wrong. Then I thought well how the hell is a 24 year old able to own 44 cars in just the short amount of time he's been legally able to drive. The short answer is debt, while the long answer has to do with addiction.
__________________
watson
Old 01-08-2015, 03:32 AM Overeating is offline  
Reply With Quote
#2  

she nice
 
she nice's Avatar
 
Quote:
Originally Posted by Overeating View Post
My assumption that Rob was well off, or that his family must be wealthy was completely wrong. Then I thought well how the hell is a 24 year old able to own 44 cars in just the short amount of time he's been legally able to drive. The short answer is debt, while the long answer has to do with addiction.

__________________
Filter Ban Log border= she nice (388272) Permaban 2014-12-06 12:26:26 you're not getting a new AV
[QUOTE=The Unflushable Turd;25421148]guys i ruined christmas[/QUOTE]
[QUOTE=lollersk8s;25442951]yes I get to make the rules[/QUOTE]
do it for kiki ᕙ( ̀╭ ͟ʖ╮́ ) ᕗ
Old 01-08-2015, 04:04 AM she nice is offline  
Reply With Quote
#3  

Straw Man
RuHo
And my head I'd be scratchin' while my thoughts were busy hatchin; If I only had a brain......
 
Straw Man's Avatar
 
perhaps rob is just a fucking moron

sometimes the simple answer is the best one
__________________
"dogs came to man to make friends and help us hunt and guard unlike pigs"
-lolergay
Old 01-08-2015, 05:01 AM Straw Man is offline  
Reply With Quote
#4  

lollersk8s
HOLY FUCK I AM RETARDED
 
lollersk8s's Avatar
 
Quote:
Originally Posted by RuHo View Post
perhaps rob is just a fucking moron

sometimes the simple answer is the best one

Looking at some of the cars he bought I'd go with this
__________________
Originally Posted by she nice
i do drink but it's not as effective for immediate relief
Old 01-08-2015, 05:17 PM lollersk8s is offline  
Reply With Quote
#5  

Foolioq
 
Foolioq's Avatar
 
wrong forum
__________________
Cool like a Fool in a Swimming Pool
Hoolio's Bitch
[P]resident of the John [P]reston Fan Club

Last edited by Foolioq; 01-08-2015 at 05:56 PM..
Old 01-08-2015, 05:18 PM Foolioq is offline  
Reply With Quote
#6  

Triple B
 
Triple B's Avatar
 
do like Sup said and get on Mint or something similar
Old 01-08-2015, 06:04 PM Triple B is offline  
Reply With Quote
#7  

mikeawesome
Baloneyflaps is my lord. I have asked him into my heart.
 
mikeawesome's Avatar
 
ghetto let me be your financial advisor. im a guru
__________________
RIP Malamute
Old 01-08-2015, 06:12 PM mikeawesome is offline  
Reply With Quote
#8  

Sup
 
Sup's Avatar
 
its really not hard

especially if you can visually see what your spending money on
__________________
Sup
Old 01-08-2015, 06:13 PM Sup is offline  
Reply With Quote
#9  

she nice
 
she nice's Avatar
 
up in vape
__________________
Filter Ban Log border= she nice (388272) Permaban 2014-12-06 12:26:26 you're not getting a new AV
[QUOTE=The Unflushable Turd;25421148]guys i ruined christmas[/QUOTE]
[QUOTE=lollersk8s;25442951]yes I get to make the rules[/QUOTE]
do it for kiki ᕙ( ̀╭ ͟ʖ╮́ ) ᕗ
Old 01-08-2015, 06:17 PM she nice is offline  
Reply With Quote
#10  

Reply


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump



All times are GMT -7. The time now is 03:51 PM.



Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.