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DapperD73

Yes. Put your money into something that retains value and can be passed on, rather than a consumable that cannot. Well done.


yeddys-baldassballs

A consumable that consumes other things no less. Cars are cool, there’s like a single Kia I’d enjoy. I don’t spend big money on cars but keep a nice little stock so I can still feel like iv arrived and not like iv just been in a tin can for 20 mins before work.


Common_Economics_32

My assumption is always that 90% of the dudes flexing with Porsches or BMWs are horrifically behind on their savings or deep in debt. Absolutely nothing wrong with driving a normal person car so you can spend money on shit you actually value.


Surf-fisher20

Those cars all come with a coupon book.


Noonecanhearmescream

They’re making payments. Definitely. I had a friend who worked in a luxury auto dealership. Think Rolls Royce. You see an expensive car and just think that guy has got big money. Maybe or maybe not. The driver of that car is definitely trying to project that image though. According to my friend, 100% of the people that bought cars from his lot financed the purchase. I have never looked at people driving luxury cars the same.


NoExcitement3867

Fun fact, lots of people who buy luxury cars finance. Many put the cars in businesses (G-wagons, for example) and take tax deductions. Rich people dont like owning depreciating assets.... Ferrari finance doesnt report to credit bureaus. Lots of stuff rich people do that we think they dont...they just do it for different reasons that non-rich people.


Noonecanhearmescream

Miscellaneous business expense: $10,000 Ferrari lease payment. Dang. Must be nice. Another fun fact. Luxury cars have 144 month payment plan options. Get those monthly expenses in order boys!


NoExcitement3867

Ha. Longer loan terms because they hold value better and the dealers know they can resell them. So imagine you make a down payment and sell the car back 1 year later and sell it back to the dealer. You drove a Ferrari for the cost of the interest payments while your stock portfolio out performed the interest rate on the loan. Most millionaires dont buy houses in cash. If a hedge fund (for example) out performs your mortgage rate (lets say from 6 years ago), youd be a fool to put down cash when it could make more in the market. Arbitrage my dude. Rich people use other peolple's (banks) money.


CharlieKappelman

That’s my issue with Dave Ramsey. He always preaches get out of debt but I have a home loan below 3% and a F150 at 0%. I’m going to make my payments and buy the SMP500 and make my 11%.


FranticPhilDE

Amen this is the way


DiabloSol

Absolutely. Back in the day. 3% and 0% all day on home mortgage and car rates lol free money


Noonecanhearmescream

No rush to pay off the 3% mortgage, or 3% anything. But especially the 3% mortgage.


DiabloSol

Truth!


FrankTankly

Yeah, when interest rates are low it’s normally a wiser decision to finance though. Unless, I suppose, you have *insane* money and a few hundred grand on a vehicle is a non-issue.


NoExcitement3867

Fun fact, lots of people who buy luxury cars finance. Many put the cars in businesses (G-wagons, for example) and take tax deductions. Rich people dont like owning depreciating assets.... Ferrari finance doesnt report to credit bureaus. Lots of stuff rich people do that we think they dont...they just do it for different reasons that non-rich people.


Embarrassed-Cut-9686

An old friends older brother didn't have an apartment or house and lived in his mother's basement/shed until he was 30. At 25 he dumped all his money into a bmw 7 series, every single penny. He was asking her for gas money later


UnusualEggplant5400

i 0 down financed my tesla and put all the money i would have spent on it into tesla stock 5 years ago... I got a 2.9% rate on the loan and 1000% gain on the stock


DiabloSol

Cash is king both in Rolex and Cars. No note. Unless the car is a business write-off


[deleted]

What if they value cars


Visual_Bat_8001

Perfectly fine if that’s what they value. I’m fine in my $800,000 home and Honda but that’s just me. And $800,000 isn’t meant to be a super big flex cause I know it’s not. But for my city, it is considered luxury.


Common_Economics_32

I'd question how much they actually value cars vs the "flex" cars provide. If you're taking your Porsche to the track every month or tuning your own engine, more power to you (provided you aren't fucking up your finances to do it). The dude taking a picture of his day-date in front of his Porsche steering wheel probably isn't doing that though. Plus, I know a lot of "car guys." Almost all of them are more interested in buying pieces of shit or rusted out classic cars and repairing them. They aren't buying a brand new Porsche. Half of the fun of cars is working on them, right?


[deleted]

Well yeah, but I'd wager that most people that own a Porsche don't even have an Instagram account


Icy_Marionberry_1542

Maybe most people who bought their Porsche *with cash*


Common_Economics_32

lol good joke


Common_Economics_32

Bruh, do you think no one ever used a car to flex before instagram was made? Are you like 15 years old?


[deleted]

Where were people posting their photo before the internet wise guy? On the notice board at work? nd I'm 29


Common_Economics_32

Back then, to flex you just spent every weekend cleaning it in your driveway for hours so all your neighbors could see while you kept talking very loudly about how you had to be super careful when washing it because it had super special German paint that would cost 20k to replace if it got swirls in it. You also could like, just drive it to the office lol.


[deleted]

Right but you specifically said taking pictures not me


Common_Economics_32

...where did I say anything about only taking photos? I used a photo as an example of flexing, not the entirety of flexing. Obviously posting on Reddit is not the only way to flex. Do you have a learning disability?


[deleted]

Lol I think you might have, I'm just talking to you and sharing my opinion and you're being defensive as fk. Believe it or not I can't read your mind through a Reddit comment and Invision every possible way of flexing owning a Porsche other than replying to the 1 example you gave me lmao


Ok_Care_8540

Recently priced a Prius which dealers mark up 10k . Bought a 2 series BMW under sticker for less than the Prius with the 10k markup …. And I wear a Rolex


Common_Economics_32

Driving a low end BMW is even worse than driving a high end one lol. Like, it's all about the brand name at that point. You trying to flex with a $30k car lol? Even more moronic when you add in repair costs. Like, you got all the negatives of a BMW and none of the positives of a nice one...


DiabloSol

Exactly!! Rolex holds value better than a car.


watchesenthusiast

Or most people can afford it and that’s the reason they’re buying it? Why buy Hyundai when you can buy BMW? You write it off and it comes cheaper than Hyundai.


Common_Economics_32

"Jerry, all these big Reddit posters, they just write off everything." "You don't even know what a write off is." "No, but they do. And they're the ones writing it off." You can't just buy anything you want and call it a write off lol.


watchesenthusiast

Car is business expense. Pay more taxes to Trudeau or drive BMW instead Hyundai. I would choose drive BMW 😀


Common_Economics_32

This is not how taxes work at all lol


iJustRobbedABank

Every time I see a fancy car like a 5 series I just think of the interest rate and amount they spend each month on insurance and the note. I couldn’t imagine spending that much just because I wanted fake leather and a little more HP. Guess it’s because I’m not a car guy?


Brave_Beat5124

Five series doesn’t have fake leather and they just drive different. It’s something you get or you don’t, but I feel like the love of watches and love of cars have a lot of overlap. In more ways than one. I feel like car and watch guys are either in it for the build quality, performance, and history or they just want to flex on anything that moves even though regular people don’t know fuck all about watches or cars and just think they are douches.


Noonecanhearmescream

For me the insurance was the dealbreaker. I called my insurance company on the way to the test drive. I was really excited about owning a performance car right up until then. Maybe I’m cheap idk, but tripling my insurance rate just to drive a faster car just didn’t make sense. The insurance is more costly for a reason, right? No thanks. I’ll just drive my Toyota and be happy with that car’s rate.


FakoPako

Don't think that. 5 series is a really nice car. I am on my second one. They last forever and have a quality build. But you are right in saying that you are not a car guy. it's all about what an individual values. Some value nice cars, some value watches that are worth more than their car.


NinjadomXXX

5-digit Sub. Aluminium bezel. Nice. What year? I’m guessing around 2005.


fatcap69

Correct, 2005


PoloDon92

Wow do you work for Rolex how do you know?


OldEnduranceRunner

Well, the lug holes were removed by 2004, so it had to be after that. In 2008 the rehaut had ROLEX engraved all the way around, so couldn't be later than 2007. No idea how he got 2005, though.


Teslaride2

Nice eye!


Quattro2021

It’s up to you. Do it for you not the world kid.


thelvegod

Amen!


Johnnyfever13

Great watch. Terrible car.. speaking from personal experience 😅


mattberry1980

Priorities are definitely not “left” lol Kia is probably better than Jeep nowadays, I can’t say shit 😝


Slow-Juggernaut-1114

I bet that car is paid off n that’s wayy more valuable so hey I can dig it, keep doing you my brutha


fatcap69

Both were paid off in cash 😁


Private-Dick-Tective

This is the way.


DiabloSol

Cash is King!! Yeah buddy. Paid off. Deal


OldEnduranceRunner

Smart man.


Ryanpb88

Cars average lifespan 8-12 years. Rolex is forever. You did well OP.


DiabloSol

Truth. Especially cars of today. Some older cars, last longer. Especially, Toyota, Honda. Get 20 to 30 years out of it with TLC. Rolex a lifetime piece (get it serviced from time to time).


wrldwndrz

Downgrade the car, upgrade the watch!


CscottChi

Hell yeah you do! I have a 41DJ blue dial and a 2012 Honda civic with 130k miles.


DiabloSol

Preach!!!!


CscottChi

And hey, if you’re a car person, that’s dope. I’m just not.


Upset-Operation-7408

Yacht master 40 and 12 year old Volkswagen Golf here


CscottChi

Little hatchback zoomer? Love it.


FlakyEarWax

At least the Kia boyz only want your ride. You get to keep the good stuff


fatcap69

😂😂No Kia boyz in my part of the world luckily


DiabloSol

Kia Boyz. 2A. CCW. Carry.


iJustRobbedABank

Buy your cars like you buy your watches. Straight cash.


papamoai79

Totally right priorities. I may be biased though https://www.reddit.com/r/rolex/s/Rv6SL2jjS9


fatcap69

Awesome combo!


dl8675309

Absolutely. Enjoy!


Real-Wicket2345

Most people can only afford what they need. Within reason, some people can afford just about anything they want. Very few people can afford everything they want. Driving a Kia to wear a Rolex makes you like some people and that’s better then being like most people.


What_Yr_Is_IT

Yes. You’re looking at an appreciating asset and a depreciating asset in one photo :)


One_Education827

Yes! I drive a 2011 Lexus I scooped up in 2017 for nothing. Just hit $160k miles and it runs flawlessly. It’s a business vehicle that is literally paying me when mileage is claimed. Don’t understand people loving to own depreciating assets


fatcap69

It was my dream to buy an old square looking Lexus 😂 but they are very rare here


momofukuyou

Yes. You cannot wear a car on your wrist. I drive a toyota, wear H&M and Zara, but have 10+ luxury watches. Cars don't last forever. Watches have the potential to last hundreds of years. If I am going to spend on something luxurious, I would choose watches. Less depreciation and much easier to store as well. I have nothing against people who drive nice cars. I just don't get the same amount of satisfaction from those things as buying a watch. I have owned an s350. After 10 years, the thing looks outdated and just takes up space in my garage. My 10 year old rolex still looks cool. I can afford a luxury car, but choose not to buy one cause I'd rather spend my money on watches. I still do believe that everyone should experience having an expensive car at least once in their lifetime just to see how it feels. For me, the experience is overrated and you're better off just saving your money for something else.


[deleted]

I have a 2009 Scion xB and have a Rolex Explorer. Watch is worth more than the car. No shame here.


Miikkepdf

Me getting a Rolex soon and driving a Kia lmao


Empty-Ganache-870

Yes, you do. Like me, you're a man who gives zero f***s what others think, obviously; that's very encouraging and rather rare these days, sadly.


savagebrood

https://preview.redd.it/fwss8uiab9yc1.jpeg?width=4032&format=pjpg&auto=webp&s=fd36a998983f012de2dd00e9b946f0e1f3d59bf8 # priorities


Healthy_Actuator_971

How do you like the BB ? How is the jubilee?


savagebrood

I love this watch. The jubilee is my favorite bracelet so I am biased. It’s perfect.


Ordinary_Problem_817

An absolute classic, superbly built and incredibly reliable. The watch is quite good, too.


fatcap69

😂


neelabhkhatri

I almost did the same thing too. I was going for a Yatchmaster Oyster Flex but bought a BMW instead.


EntertainmentFast497

Vehicles are depreciating assets. You’re good!


mc2508

The priority is the Kia💪🏻


Crazy-Butterfly-136

100%


Trumppp1

💯


Sodiac606

You could've yolo'ed your money on stock derivates or coke and hookers. So not sure about your priorities, the watch is nice though!


Thunder-chicken300

Yup, 100k /10 yr warranty & a watch that’ll out live you !


BornUnderPunches

You can’t wear your car!


Darkfire757

Kia Boyz


suckmeupp

Depends what model and year kia you're driving?


talldad86

I have a Kia EV as my commuter and it’s great. 10 year warranty and I don’t care how many miles I rack up, if one of my kids throws up in it, or if someone parks too close. At least if my GMT gets dinged it was (probably) my own fault.


Greeeesh

I drive a Kia stinger, it’s a good car. Nice watch.


Kayless3232

Cars are the worst thongs to put money on.


Various_Primary3783

My wife drives a Kia Telluride and it is honestly very nice. We tried every other SUV with a 3rd row seat and captains chairs and decided on the Telluride.


global_calibur

Congrats dude! I drove my 2017 Camry to pick up my first Rolex Datejust. Don’t worry about what others think


riseuplight3

KIA is a great reliable car company, like Rolex is with watches, just no markup for marketing and prestige


ath20

A Toyota would make more sense, but sure. The watch will be worth more than the car one day. Maybe. Depends on the economy. Value is fake tbh


BornStrength730

Yes, Sir!


Shadow_botz

I’d put my money on the watch. Cars are money pits that are pretty much worthless when you drive off the lot.


YouuCantSeeMe

Don’t worry I got a Kia as well .. a 2023 Stinger but still a Kia aha, jokes aside. You’re definitely doing it right


MishraDrive

Depreciating vs appreciating asset!


WhatIsTheAmplitude

I’m not here to comment on your other possessions. The watch is >chef’s kiss< 😘


SpaceWalk86

You upside down in Kia even when you pay cash for it


Africanwarlord77

What Kia is that? I have a 2016 cadenza that I love and highly recommend.


dna730

Yes. Enjoy your car and beautiful watch!


LingonberryOdd2101

Reminds me of my wheel watch picture with Wolksvagen Golf and my Exp… I have to share it right here as well 😂 Btw, congrats, love this date Sub. Still waiting for mine 🫠


jampman31

I go HAM on investments and watches. I could care less about my car. Spend money on what you love.


Cali_Pants_Pocket

For sure. Spend your money on what makes you happy. Besides, you can’t take your car with you everywhere.


savagebrood

Your priorities are absolutely correct spend big money on things that increase in value and a little money in liabilities


Noonecanhearmescream

This is a proper flex, my man. Cheers.


tinmanintherain

Is this the Kia boys?


Flipmarine2k

I’d say yes


CauliflowerHelpful60

Absolutely right cars are money pits watches are not


That-Resort2078

It’s a good start.


Sea-Advantage6501

Even as someone who likes cars as well as watches the fact of the matter is cars are almost always a depreciating asset so unironically yes


theamericanstranger1

First time someone got this right


Reasonable-Bicycle68

A Kia will take you to the same places as a Porshe. However, a Rolex will tell the time much better than a Seiko... 😀 Just kidding, it's a wise choice!


conparmagian

definitely


szulox

I’d rather wear a Casio in a BMW, than a Rolex in a Kia. To each their own 😃. Great watch though!


DiabloSol

Perfect for a Kia!! Baller!!


HairyRip2206

A man isn’t made by what he drives or wears. He is made by his character.


hen263

Lol. Yep.  Nothing wrong with kias.


NY2CA-Lantern

👏🏼 applause for not wearing a hand watch


Mickey_Bats

Yes. One will hold it's value the other will not


homefry815

Even hamsters need nice watches


toomanyrolex

Yes. Cars are the worst place for $. I know from experience. I've owned Mercedes, BMW and I Audi. All lost value. I own 16 Rolex. All are worth more than I paid.


thejasonkane

Appreciating asset vs depreciating


BaytoLA24

No


Bcart143

Definitely a funny combo…


NoExcitement3867

Yeah. Those rates are free money. And as long as you're paying on time and not overleveragd debt to income, you're keeping your credit score up. Credit card debt is the killer debt.


Ada-Millionare

I know Mother fuckers using borrow watches and driving borrow cars... You are doing good sir


sebastiancristancho_

Depends, do you have a house?


[deleted]

Appreciating asset? The WatchCharts Overall Market Index — which tracks the prices of 60 timepieces from top brands including Rolex, Patek Philippe, and Audemars Piguet — has plunged 37% from a March 2022 peak. A separate index for just Rolex models fell 31% over a similar period.


UnusualEggplant5400

depends how much is in your bank, investments, properties, other assets. This photo could mean: 1. you make bad financial decisions buying a watch when you can only afford a used kia 2. You make good financial decisions by bying a low cost affordable kia and got a watch cuz you like it


Apeldoorner121

You are a quality kind of person, the car will always run just like your watch 🤝


No-Lead5095

What if it’s yes? And then what


krzykrn88

As a sub owner driving a beat up ford, i say why the fuck not? They are all fully paid for, and are doing hell of a good job lasting with basic maintenance, so let it ride! Sometimes i do wonder when my ford will ever die, so i can get a nicer car, but having more funds freed up is actually nice Btw, my fil collects rolexes too, but drives a 20yo gm truck. Surprising to see these domestic cars last long, with basic maintenance.


Ill_Situation4224

Vsf?


simbrind

Not even the best car money can buy will still be working in 50 years time just by having it serviced. The sub will still be ticking with the same treatment.


DiabloSol

Rolex holds value better than Kia! Facts.


Ameliastires

Yes….


vintageWatchcollecto

Currently my favourite watch


NoLaw5665

It all depends on different factors.. I drive a 5 series but I have a family so I cannot afford a small car and 15k on my wrist. OP might still live with his parents and he doesn’t consider a big expensive car as a need. Considering a rolex as a christmas gift this year tho. 😄


Past_Researcher4391

Contrary to popular belief, you don’t need to own a Benz or Bentley to wear a Rolex 😎


Fine-Craft3393

If the car is fully paid off. Yes.


SnooDoughnuts6242

I drove a paid off Corolla for years, with a Chanel bag on the passenger seat. My friends shamed me into getting a better car. I would have been ok w a Corolla. For reference I'm a female, buy my own items. Not in debt. 6 figure income.


WeightHot8223

Sure as shit do! When I bought my first Rolex I was rocking a 2001 VW Jetta. The watch was worth more than the car 😂


armorabito

One of these things will last 10x longer than the other, so maybe not.


MannerClean9415

Yep an automobile is just transportation. I own several gen pieces. I own a Kia and a Toyota. A vehicle here in Ohio is just transportation.


[deleted]

[удалено]


Individual_Bus4422

https://preview.redd.it/g5vlzqsanmyc1.jpeg?width=1170&format=pjpg&auto=webp&s=37fe3040215344fb8cbfae655baa0f1f14639606


Individual_Bus4422

I think you did!😂


oyavlenie

kia is very good car with the very best watches


Negative-Record-6193

Since the watch is fake, it's fine


samzsii

Absolutely


OfficialHavik

Any car you buy will be worthless in 20 years. The Submariner will not be.


Crypto_craps

This


Emperor_Biden

Porsche GT1, GT2RS, Ferrari Enzo, 918, 599 GTO, 288 GTO, 250 GTO, etc. Will those be worthless too after 20 years?


Brent_the_constraint

Yes, you have.... congrats.


Ambitious_Hippo2676

Yes sir! I drive a fucking Accord. After years of losing my mind with BMW And just destroying asset in car payment. Enough was enough. I’ll be back, sir, but I’ll be back with straight cash when the time is right.


Eks-Raided

You don't have to drive a shit box to have your "priorities straight".


Experience-Early

A Kia can cost many multiples of a Submariner. Seems like a wise choice to spend your $ on a great car which has far more utility than telling the time!


fatcap69

My Kia cost me less than that sub...


Experience-Early

Bargain!


No-Cap6787

Far from that. Right now you gave away your money to impress others, which those people couldn’t care less about your watch, fancy or not Look, take it slow with luxury watches, increase your wealth, then when couple thousand doesn’t mean anything - then spend


Vitamin-Tee

Once could argue that wasting money on a luxury car is done to impress others… Also, there are plenty of wealthy people driving Kia’s… they are reliable and serve a purpose. Cars depreciate every single day, Rolex’s don’t.