7: Leasing Puppies


00:00:00   I'm an eager beaver today apparently I'm [TS]

00:00:03   not drinking makers mark tonight [TS]

00:00:05   what do you usually every night or when [TS]

00:00:08   we record whatever record I think I have [TS]

00:00:11   once or twice I wouldn't say usually so [TS]

00:00:13   you're doing the show buzz and you [TS]

00:00:14   haven't told us and you haven't given us [TS]

00:00:16   the chance to get buzzed [TS]

00:00:17   no no I just poured myself a glass of [TS]

00:00:19   silver tree vodka which is this Easter [TS]

00:00:22   tarik vodka out of a Colorado that my [TS]

00:00:24   dad swears by and it is pretty damn [TS]

00:00:27   smooth i have to say esoteric yeah it's [TS]

00:00:30   odd [TS]

00:00:31   it's different it's not mainstream now [TS]

00:00:33   my hipster look at me go I'm not crazy [TS]

00:00:36   about the term hipster because it seems [TS]

00:00:38   like it's it's kind of like fanboy when [TS]

00:00:40   he was like people say it to it i think [TS]

00:00:45   what hipster means is that person is [TS]

00:00:49   cool in a way that I'm not and I don't [TS]

00:00:51   like that haha i guess that kind of what [TS]

00:00:53   that means yeah i like to give out what [TS]

00:00:55   hipster means no but I think once Eddie [TS]

00:00:57   you know just like fanboy usually is [TS]

00:01:00   like that somebody who defends the [TS]

00:01:03   product that i didn't get that I [TS]

00:01:05   probably wish I had that yeah like that [TS]

00:01:07   yeah especially that if especially like [TS]

00:01:08   that you know if I have some kind of [TS]

00:01:09   doubt that I made the wrong choice but [TS]

00:01:11   you know yeah I'd like to meet hipster [TS]

00:01:13   is like those people are cool either in [TS]

00:01:16   a way that I'm not or in a way that I [TS]

00:01:18   don't really understand why people think [TS]

00:01:19   that is cool i think that's fair John [TS]

00:01:22   what's your definition I mean it's not [TS]

00:01:24   the dictionary definition but what's [TS]

00:01:25   your is there a dictionary definition i [TS]

00:01:28   went to urbandictionary looking at off [TS]

00:01:29   across the definition of hipster and our [TS]

00:01:32   dictionary looks like it was written by [TS]

00:01:33   hipster ha ha ha ok alright so anyway [TS]

00:01:40   what marco was trying to get on you [TS]

00:01:42   about is that it's esoteric not [TS]

00:01:44   esoterics not a long e that's not even [TS]

00:01:46   an alternative pronunciation will find [TS]

00:01:48   then the well in that case then I am [TS]

00:01:50   drunk [TS]

00:01:50   even though I've had two sips of this [TS]

00:01:52   drink that I poured five minutes ago you [TS]

00:01:54   it was a possibility was an alternate [TS]

00:01:56   pronunciations if we learned anything [TS]

00:01:57   from correcting Glenn it's that a lot of [TS]

00:02:00   words have alternate pronunciations that [TS]

00:02:02   you've never heard but this is not one [TS]

00:02:04   of them according to the OS 10 [TS]

00:02:06   dictionary [TS]

00:02:07   good to know so any follow-up because i [TS]

00:02:11   actually do not have any other than [TS]

00:02:13   you guys disliking backing into parking [TS]

00:02:15   spots nothing that we've ever said has [TS]

00:02:18   been wrong [TS]

00:02:19   now everything we've said had been [TS]

00:02:20   correct and please email Marco and on [TS]

00:02:22   that bombshell [TS]

00:02:24   alright so i have a question for you [TS]

00:02:27   Marco and uh and I'd like to hear John's [TS]

00:02:29   two cents afterwards at why do you [TS]

00:02:31   leased cars this is actually really a [TS]

00:02:33   question I I i was hoping to talk about [TS]

00:02:36   this soon [TS]

00:02:37   I talked briefly in a few episodes back [TS]

00:02:40   and I didn't really address it properly [TS]

00:02:43   I've so I've done and energy before I've [TS]

00:02:45   done all 3 i've i've bought like i [TS]

00:02:49   financed a new car i bought aur I've [TS]

00:02:53   owned a used cars but not for me but [TS]

00:02:56   I've had a used car a new car that was [TS]

00:02:58   financed and a new car that was leased [TS]

00:02:59   and one of the biggest differences will [TS]

00:03:04   get to maintenance in a bit one of the [TS]

00:03:05   biggest differences about Elise is the [TS]

00:03:08   level of ownership stress that you feel [TS]

00:03:10   like for instance when it so the vehicle [TS]

00:03:14   at least my 3-series when i first got it [TS]

00:03:18   probably three it was like three or four [TS]

00:03:21   months old and I i was in the department [TS]

00:03:24   had had to park it outside and I even [TS]

00:03:26   like I even bought a spot in a like a [TS]

00:03:29   private lot to get keep it extra safe [TS]

00:03:31   and you know off the main street parking [TS]

00:03:33   and everything I wanted this thing to [TS]

00:03:34   stay nice and and so something like four [TS]

00:03:39   months after I got it I i noticed a [TS]

00:03:42   scratch and some some dirty hand prints [TS]

00:03:47   on the hood and what appears to have [TS]

00:03:51   happened is that somebody was a bent [TS]

00:03:58   over the front of my car and possibly [TS]

00:04:01   the snap on their pants or a zipper or [TS]

00:04:04   something made a nice s-shape scratch [TS]

00:04:07   right on the front of the hood that is [TS]

00:04:10   awful [TS]

00:04:11   e and this was an area where we learned [TS]

00:04:14   you know as I was writing this parking [TS]

00:04:16   spot we would occasionally see like [TS]

00:04:18   drunk teenagers hanging out there [TS]

00:04:20   because it was it was kind of it was [TS]

00:04:22   behind our building it was kind of like [TS]

00:04:23   there were some dark areas nearby so [TS]

00:04:25   turns out this is [TS]

00:04:27   really not a great place to park your [TS]

00:04:28   car so anyway few months old I got this [TS]

00:04:30   this scratch that the handprints [TS]

00:04:32   fortunately just washed off but scratch [TS]

00:04:34   was there to remind me of what happened [TS]

00:04:36   and it's still there and when when I had [TS]

00:04:41   my accord you know besides the door [TS]

00:04:43   getting back into and have to replace [TS]

00:04:44   the whole panel on like there was one [TS]

00:04:47   time where I noticed within the first [TS]

00:04:49   year having the accord that there was [TS]

00:04:51   like a slight like a slight scratch [TS]

00:04:53   along with the rear quarter panel like [TS]

00:04:55   it like that I'd like during past a [TS]

00:04:57   stick on the road not seen or something [TS]

00:04:59   like that like that kind of scratch and [TS]

00:05:01   it really fine thin scratch and that I [TS]

00:05:04   was so angry so here it was my first new [TS]

00:05:06   car i was paying it off for the next [TS]

00:05:08   five years and i knew that i was [TS]

00:05:11   planning on having it for probably [TS]

00:05:12   longer than that you know when you buy a [TS]

00:05:15   new car and you come from a family of [TS]

00:05:16   owning toyota's for four decades each or [TS]

00:05:20   for about a decade each eat you tend to [TS]

00:05:23   think that if you buy a new car you're [TS]

00:05:25   probably gonna have it for like ten [TS]

00:05:26   years so I took that so badly on the [TS]

00:05:30   honda because i bought it and I and I [TS]

00:05:32   was I was like I'm gonna have to stare [TS]

00:05:33   at the scratch for 10 years [TS]

00:05:35   thank you hope now but hold on now isn't [TS]

00:05:39   it also after a while after you get over [TS]

00:05:41   the fact that your pristine baby has [TS]

00:05:43   been damaged [TS]

00:05:45   is it not a little bit liberating though [TS]

00:05:47   because at this point it's got a blemish [TS]

00:05:50   so kind of whatever that applies in any [TS]

00:05:54   case you had a car and no matter when [TS]

00:05:55   you get a car no matter how you're [TS]

00:05:57   paying for the matter how long you're [TS]

00:05:58   gonna have it that first imperfection [TS]

00:06:01   really really sucks like that hits you [TS]

00:06:03   hard but when like when you know you're [TS]

00:06:07   going to be owning this color forever to [TS]

00:06:09   me I took those really hard and I was [TS]

00:06:11   just so angry oh my god I'm gonna be I'm [TS]

00:06:13   gonna have to deal with this for 10 [TS]

00:06:14   years or get it fixed it's not really [TS]

00:06:16   worth getting fixed like stuff like that [TS]

00:06:18   so with the lease though and with my [TS]

00:06:20   with my hood sex scratch I I mean that's [TS]

00:06:25   I that's my theory [TS]

00:06:27   I don't have any evidence of that but [TS]

00:06:28   sure that's exactly what I thought but I [TS]

00:06:30   didn't wanna interrupt right i mean i [TS]

00:06:31   think it's i think it's fairly obvious [TS]

00:06:33   that so you know with that and with [TS]

00:06:38   everything I have a few other minor [TS]

00:06:39   scuffs [TS]

00:06:40   invite you know various like it looks [TS]

00:06:42   like somebody tried to enter my back [TS]

00:06:44   passenger door with a key so there's [TS]

00:06:47   like there's like a little scratch in [TS]

00:06:49   the handle on the I don't know how to [TS]

00:06:51   like you know how when people miss their [TS]

00:06:53   door with their key and you get a little [TS]

00:06:55   scratches around the keyhole area of the [TS]

00:06:56   door if there is one [TS]

00:06:58   it's like that but one of the back doors [TS]

00:06:59   I don't know why anyway so there's stuff [TS]

00:07:01   like that in this car but I'm knowing [TS]

00:07:03   that it was Elise I knew two things [TS]

00:07:06   first that I'm turning this car in three [TS]

00:07:10   years so you know if you if you have [TS]

00:07:13   even if you buy a car with the intention [TS]

00:07:18   of selling it in like three to five [TS]

00:07:19   years which a lot of people do [TS]

00:07:21   it's still not predefined and so the [TS]

00:07:24   other thing is like with the honda I got [TS]

00:07:26   killed on the resale that because the [TS]

00:07:28   the dealer who sold it to could tell [TS]

00:07:31   that the door had been repainted i guess [TS]

00:07:32   i can look around the edge or something [TS]

00:07:33   or someone to tell I couldn't I couldn't [TS]

00:07:36   do the difference but he could and so I [TS]

00:07:39   i lost a couple thousand dollars of [TS]

00:07:41   value probably on that car at resale [TS]

00:07:43   because it had been damaged in an [TS]

00:07:44   accident [TS]

00:07:45   even though it was fixed to my opinion a [TS]

00:07:48   perfect fix but he could tell that it [TS]

00:07:50   had been damaged so you know when you [TS]

00:07:53   buy a car but when when the resale value [TS]

00:07:55   is not yet determined you stand to lose [TS]

00:07:58   if there is minor damage you stand to [TS]

00:08:02   lose that recently I whereas on a lease [TS]

00:08:05   there's already some allowance built-in [TS]

00:08:08   of what I love you know what what level [TS]

00:08:11   of damage they will ignore at the end or [TS]

00:08:13   or some limit of how much they're [TS]

00:08:15   willing to pay for repairing a damaged [TS]

00:08:17   or something like that that's all [TS]

00:08:19   predefined so the stress is is lesson to [TS]

00:08:23   me and you know it and I don't know I [TS]

00:08:26   actually haven't had my first lease and [TS]

00:08:28   yet that will happen in a couple of [TS]

00:08:30   months [TS]

00:08:31   oh so maybe ask me again then but ice [TS]

00:08:35   but like to me it's it's much easier [TS]

00:08:37   owning this car knowing that the end of [TS]

00:08:42   my ownership of it is predetermined both [TS]

00:08:45   timewise and financially but it doesn't [TS]

00:08:48   it also incur a little bit of added [TS]

00:08:50   stress and what by that I mean [TS]

00:08:53   I don't know off the top of my head how [TS]

00:08:55   far I Drive in a year but let's say for [TS]

00:08:57   argument's sake that I go and I try to [TS]

00:09:00   leave the car tomorrow and I assume that [TS]

00:09:02   I Drive 12,000 miles and i'm at 10,000 [TS]

00:09:04   miles by June now I'm going to be [TS]

00:09:07   stressed out for the next six months [TS]

00:09:08   because I either only drive for 2,000 [TS]

00:09:10   miles or I know that I'm gonna pay for [TS]

00:09:12   it in the end so i I've never least a [TS]

00:09:15   car and I want to hear John's to sense [TS]

00:09:17   before i get into my whole history but [TS]

00:09:19   doesn't that it does it not also incur [TS]

00:09:21   in equivalent amount of stress [TS]

00:09:23   well it depends on what kind of driver [TS]

00:09:24   you are like you know certainly it one [TS]

00:09:26   of the problems with leasing and one of [TS]

00:09:28   the reasons why so many people can't or [TS]

00:09:30   shouldn't leave is if you either drive a [TS]

00:09:33   whole lot of miles or almost no miles [TS]

00:09:36   then then it's mispriced for you if you [TS]

00:09:39   have a whole lot of miles you're going [TS]

00:09:40   to pay way too much in overage fees you [TS]

00:09:42   should generally try to avoid overages [TS]

00:09:44   mileage fees and if you drive almost no [TS]

00:09:48   miles then you're paying for a level of [TS]

00:09:50   depreciation that the car is not really [TS]

00:09:51   going to have so you're kind of [TS]

00:09:53   overpaying for that and so certainly you [TS]

00:09:57   know you have to drive within the the [TS]

00:10:00   quote average and actually an average [TS]

00:10:02   but within the average range of $OPERAND [TS]

00:10:03   miles [TS]

00:10:04   I know in the u.s. leases are usually [TS]

00:10:06   ten twelve or fifteen thousand miles per [TS]

00:10:08   year [TS]

00:10:09   I don't know about other countries a lot [TS]

00:10:11   of your learning from the feedback of [TS]

00:10:12   the show quite a lot of this stuff is [TS]

00:10:14   different in other countries especially [TS]

00:10:16   especially involving pricing but but [TS]

00:10:20   basically yeah if if you don't if you [TS]

00:10:23   don't know what what amount of driving [TS]

00:10:25   you're gonna have to do in the next few [TS]

00:10:27   years within any reasonable ballpark or [TS]

00:10:30   if you do very very little or absolutely [TS]

00:10:33   a lot then at least probably isn't the [TS]

00:10:35   best bet but for most people you know [TS]

00:10:39   they can and I know with BMW i think i [TS]

00:10:42   have to double-check this and i know [TS]

00:10:43   this is just becoming the BMW show [TS]

00:10:45   that's because they're awesome [TS]

00:10:46   I think the 1i I think you can go on to [TS]

00:10:52   your account online and change your [TS]

00:10:54   mileage until like a month before you [TS]

00:10:57   turn the car like retro actively so it [TS]

00:10:59   turns out that you've driven way more [TS]

00:11:01   miles and you thought and you your least [TS]

00:11:03   a 10,000 miles and you can go in and say [TS]

00:11:06   oh just bill me as if i lose $MONEY to [TS]

00:11:07   15,000 miles retro actively and we'll [TS]

00:11:09   just change it for you [TS]

00:11:10   I think I think that's true pmw anyway [TS]

00:11:13   so that that's why I just the myelin [TS]

00:11:16   which is basically you know you can look [TS]

00:11:17   at how much you have driven in the last [TS]

00:11:19   few years and get some idea of what your [TS]

00:11:22   average might be enough [TS]

00:11:25   John I've always heard about the least [TS]

00:11:29   vs by thing is that uh oh [TS]

00:11:31   if you look at two strategies one lisa [TS]

00:11:33   car every three years and second by a [TS]

00:11:35   car and drive it until like it gets [TS]

00:11:39   really old and you need a new one that [TS]

00:11:42   cost about the same amount of money but [TS]

00:11:44   you will have a nicer car if you lease [TS]

00:11:46   because this is just three-years-old you [TS]

00:11:49   leased a new one and it's presumably [TS]

00:11:51   better and nicer than the old car that [TS]

00:11:53   you were driving whereas if you buy it [TS]

00:11:54   and run it until it's dead or close to [TS]

00:11:57   dead you'll be using that car for at [TS]

00:11:58   least three Lisa's worth of time right [TS]

00:12:01   the reason I've never consider leasing [TS]

00:12:03   is because I mean I i like the idea of [TS]

00:12:05   having a car for a long period of time [TS]

00:12:07   so that this doesn't make sense there [TS]

00:12:09   and I would be I don't know the details [TS]

00:12:12   of like so you lease a car and you get [TS]

00:12:15   into an accident with it aren't you [TS]

00:12:20   losing something when you bring that [TS]

00:12:21   back because you would have to pay to [TS]

00:12:22   repair the car and then the lease ends [TS]

00:12:25   as Marco said there they don't want that [TS]

00:12:27   now damage and repair card back so now [TS]

00:12:29   you're losing out on the you know that [TS]

00:12:33   bringing the car back to them so it's [TS]

00:12:34   like a double whammy [TS]

00:12:35   well you don't I i I'm we should find [TS]

00:12:38   out exactly how this is done I admit I [TS]

00:12:39   don't know either as far as i know when [TS]

00:12:42   you are leasing a car that is an [TS]

00:12:44   accident it you just get it repaired the [TS]

00:12:46   same way you would otherwise you know [TS]

00:12:48   some hopefully somebody's insurance pays [TS]

00:12:49   for to yours or the other person or [TS]

00:12:51   something and you just get it fixed [TS]

00:12:53   presumably you have to get it fixed to [TS]

00:12:55   their specifications and I don't know if [TS]

00:12:58   you think maybe go to a dealer [TS]

00:12:59   specifically deals don't usually do [TS]

00:13:00   bodywork so you know you maybe you have [TS]

00:13:03   to go to a list of approved people to [TS]

00:13:04   get it fixed but the but when you turn [TS]

00:13:07   that car and I don't think they're gonna [TS]

00:13:08   be you know doing you buy three thousand [TS]

00:13:11   dollars because the reduced value of a [TS]

00:13:13   car that's been an accident because i [TS]

00:13:14   think they've already calculated that [TS]

00:13:15   into the risk and they've already [TS]

00:13:17   average that into the price ever [TS]

00:13:19   hey is i don't know i think that i think [TS]

00:13:21   there is a I I like i said i don't know [TS]

00:13:24   anything about that leasing but I always [TS]

00:13:25   imagine that if you if you did lease a [TS]

00:13:27   car like it's not your car so forgets to [TS]

00:13:29   an accident you wrecked like their car [TS]

00:13:31   basically and they're not going to be [TS]

00:13:33   happier when you return their car and [TS]

00:13:35   i'm assuming there they are financially [TS]

00:13:37   protected from this eventualities by [TS]

00:13:38   things that are bad for you but I don't [TS]

00:13:41   I I imagine it's their car about as much [TS]

00:13:44   as it's the bank's car when you finance [TS]

00:13:46   a car like I i don't i don't think it's [TS]

00:13:48   like that is it is it is a little more [TS]

00:13:50   involved in that but but you know i mean [TS]

00:13:52   their you know their lien holder on my [TS]

00:13:54   title I will never get the title because [TS]

00:13:57   I would never have paid off [TS]

00:13:59   you know because alternative but as far [TS]

00:14:01   as i know having an action as long as [TS]

00:14:03   you get it repaired you know 22 some [TS]

00:14:06   level of of satisfaction or standards as [TS]

00:14:08   long as you get it repaired properly [TS]

00:14:11   I don't think you pay extra at the end [TS]

00:14:12   but I i will if we're still doing the [TS]

00:14:16   show in June when i'm probably gonna [TS]

00:14:19   have to swap cars i will i will do some [TS]

00:14:22   follow-up just got better listeners to [TS]

00:14:24   an accident before you turn it haha i'll [TS]

00:14:27   just passed out just another thing to [TS]

00:14:29   you know you mentioned you mentioned [TS]

00:14:32   like having paid the same amount on [TS]

00:14:33   average over time and that's that's [TS]

00:14:35   presumably because as cars get older [TS]

00:14:37   they start requiring more money and [TS]

00:14:38   maintenance on one of the one of the [TS]

00:14:41   biggest things with that is that with [TS]

00:14:44   the lease its predictable and this is [TS]

00:14:47   this is true to some extent when you buy [TS]

00:14:48   a new car when you get financed it also [TS]

00:14:50   whereas you know over it with you have a [TS]

00:14:53   ten-year-old car in any given month it [TS]

00:14:57   could cost you nothing to maintain or it [TS]

00:14:59   could cost you six hundred dollars and [TS]

00:15:02   it's it's unpredictable like when stuff [TS]

00:15:04   is going to break what it's going to [TS]

00:15:05   cost you know at some point it's pretty [TS]

00:15:07   predictable i mean all of our car I've [TS]

00:15:10   had all our grafts are very long time [TS]

00:15:12   like the car currently driving is 10 [TS]

00:15:13   years old and the cars we had before [TS]

00:15:15   rolling that like I pretty much know i [TS]

00:15:17   could tell you at least for honda's [TS]

00:15:19   anyway like it at what mileage what's [TS]

00:15:21   going to break and how much it's going [TS]

00:15:22   to cost you to repaired when you're [TS]

00:15:23   going to need new brakes how many sets [TS]

00:15:24   of new tires you're going to need all [TS]

00:15:26   that stuff i don't think i don't know [TS]

00:15:27   about as automatic transmission because [TS]

00:15:28   i only have $MONEY [TS]

00:15:29   and manuals but right and those are big [TS]

00:15:31   wild cards it when they did when they [TS]

00:15:33   break their expensive it's bumpy like [TS]

00:15:35   it's not flat but it's kind of like you [TS]

00:15:38   know you have the new car time where [TS]

00:15:40   everything's fine and then you have like [TS]

00:15:43   a honeymoon period where nothing is [TS]

00:15:44   going to break and then you started [TS]

00:15:45   around 60,000 miles started getting into [TS]

00:15:47   the expensive stuff and in between there [TS]

00:15:49   you have like the normal wear and tear [TS]

00:15:50   and maybe you need some new tires maybe [TS]

00:15:51   your brake pads and stuff like that but [TS]

00:15:53   once you pass 60 then you know the [TS]

00:15:56   things are going to do you need to [TS]

00:15:57   timing belt done which is a big one you [TS]

00:15:58   probably need to notice that breaks that [TS]

00:16:00   point and it's just you know that your [TS]

00:16:03   start waiting for the alternator to go [TS]

00:16:05   somewhere in there you need a new [TS]

00:16:06   battery water pumps going to go you know [TS]

00:16:09   around a hundred probably you know like [TS]

00:16:10   that things happened about it like at [TS]

00:16:13   that point the cars long since paid off [TS]

00:16:15   it's free most months you know so it's [TS]

00:16:17   that sounds like you will you'll be [TS]

00:16:19   driving a credit card then the person [TS]

00:16:21   that was just getting a new lease every [TS]

00:16:22   every three years and I don't honestly I [TS]

00:16:26   don't think Elise is is the same or [TS]

00:16:28   cheaper over time I i would say for sure [TS]

00:16:30   your method especially if you buy the [TS]

00:16:32   car used up front then I think I think [TS]

00:16:35   the method of buying by a car and at [TS]

00:16:37   least a good car you know I could like a [TS]

00:16:39   Japanese car something reliable if [TS]

00:16:42   you're going to own that for for a long [TS]

00:16:43   term then I think you're probably coming [TS]

00:16:45   out ahead of somebody leasing but they [TS]

00:16:47   won't be anything that will kill you is [TS]

00:16:49   if you buy an automatic transmission car [TS]

00:16:50   and the transmission goes after the [TS]

00:16:52   warranty drivetrain work it out but [TS]

00:16:54   before it should grows that's just [TS]

00:16:57   ridiculous 205,000 my uncle's are not [TS]

00:17:00   like a honda odyssey had a problem with [TS]

00:17:02   its transmission where there was none of [TS]

00:17:03   this class action lawsuit something with [TS]

00:17:05   it the previous generation odyssey the [TS]

00:17:07   transitions would go really early and [TS]

00:17:08   they were super expensive to replace and [TS]

00:17:10   they weren't under warranty and people [TS]

00:17:11   are very angry like that just kills your [TS]

00:17:13   investment cause you can't resell that [TS]

00:17:14   you can do anything you know [TS]

00:17:16   yeah no one wants to know what's a [TS]

00:17:18   minivan with a bad transmission but it's [TS]

00:17:20   not only automatics I'd made passing [TS]

00:17:23   reference in the past to the super [TS]

00:17:24   having some serious drivetrain woes and [TS]

00:17:27   not to give you two more reasons to be [TS]

00:17:30   on me and my Subaru but your wiper my [TS]

00:17:32   white super yes when it was [TS]

00:17:35   shoot i want to say 20 ish 22 40,000 [TS]

00:17:39   miles it was no must be like 20,000 [TS]

00:17:40   miles because it was within the 36-mile [TS]

00:17:43   drivetrain warranty i was driving down [TS]

00:17:46   the road in Charlottesville where I was [TS]

00:17:49   living at the time and all of a sudden [TS]

00:17:51   there was this loud crash and I hadn't [TS]

00:17:55   touched anything there was no touching [TS]

00:17:56   don't worry John [TS]

00:17:57   but there's some sort of like crashing [TS]

00:17:59   sound and then as I speed up or slow [TS]

00:18:00   down there was a repetitive thumping and [TS]

00:18:03   as it turned out there was something in [TS]

00:18:05   the rear differential that had broken [TS]

00:18:07   and so the rear differential basically [TS]

00:18:09   got replaced then I don't know is a year [TS]

00:18:12   or two ago I noticed that one of the [TS]

00:18:15   gears in in the transmission I don't [TS]

00:18:17   recall which one it was [TS]

00:18:18   whenever I was in that year I feel like [TS]

00:18:20   the transmission was wine here than [TS]

00:18:21   usual and it ended up that they needed [TS]

00:18:23   to replace something within the [TS]

00:18:26   transmission and I knew at the time and [TS]

00:18:28   I told myself to look up what it was [TS]

00:18:30   because i still have the receipt [TS]

00:18:30   somewhere and I completely forgot to do [TS]

00:18:32   that tonight but they replace something [TS]

00:18:34   within the transmission and while they [TS]

00:18:36   had all these bits out I was like well [TS]

00:18:38   screw it why don't you do the clutch [TS]

00:18:39   while you're in there and with an [TS]

00:18:40   all-wheel drive car that's a lot of bits [TS]

00:18:42   to take out just to get to the [TS]

00:18:44   transmission so we don't know it ended [TS]

00:18:45   up being like three or four thousand [TS]

00:18:46   dollars to get that work done last was [TS]

00:18:48   all on my dime because it was well after [TS]

00:18:51   the warranty ended so while John I think [TS]

00:18:53   you are absolutely correct that [TS]

00:18:55   automatics by and large are more [TS]

00:18:57   expensive depending on your choice of [TS]

00:18:59   cars and drive trains and all-wheel [TS]

00:19:01   drive car with even with a stick could [TS]

00:19:03   also be really darn expensive because [TS]

00:19:05   there's so much drivetrain to get out of [TS]

00:19:07   the way in order to repair something [TS]

00:19:09   like the transmission [TS]

00:19:10   yeah you lost the the car lottery there [TS]

00:19:13   because what happens like how did I ever [TS]

00:19:15   it's the same thing with it's even worse [TS]

00:19:17   with expensive car so you just get [TS]

00:19:18   unlucky and some part of it goes and [TS]

00:19:20   it's not covered for whatever byzantine [TS]

00:19:23   reason they decide that this is not [TS]

00:19:25   covered under the warranty for you know [TS]

00:19:27   either because time has elapsed or [TS]

00:19:28   because it's a we're apart that wears [TS]

00:19:30   out and it's not you know this is only [TS]

00:19:32   some reason that you're going to be [TS]

00:19:33   screwed by then depending on what goes [TS]

00:19:36   you could be in for lots and lots of [TS]

00:19:39   money [TS]

00:19:40   yes and it's something like you with the [TS]

00:19:42   least it's very predictable I mean [TS]

00:19:43   anytime you have a newer car you know [TS]

00:19:46   you like you can be pretty sure [TS]

00:19:48   that on a car that's less than five [TS]

00:19:50   years old [TS]

00:19:51   unless it's an American car which are [TS]

00:19:52   terrible please email Casey unless it's [TS]

00:19:55   in America are you probably will have to [TS]

00:19:56   do almost nothing to occurrence first [TS]

00:19:58   five years you know just the basic [TS]

00:20:01   eventually you have to do brake pads [TS]

00:20:02   maybe some tires but you know not much [TS]

00:20:05   that being said I i did have a topic I [TS]

00:20:07   wanted to bring up at some point and [TS]

00:20:09   this seems like as good a place as any [TS]

00:20:12   we've all at some point owned old cars [TS]

00:20:15   John you spent your entire life somehow [TS]

00:20:17   owning old cars how what's the weirdest [TS]

00:20:21   thing you ever had to repair or replace [TS]

00:20:23   on on a car you've owned may I go yeah [TS]

00:20:27   so I don't remember if I've told the [TS]

00:20:30   story on the air but if I did I did it [TS]

00:20:31   very briefly when i was in college i was [TS]

00:20:35   driving and I know I've talked about my [TS]

00:20:37   dad's 94 saturn sl2 and I was going to [TS]

00:20:41   pick up my then-girlfriend but from [TS]

00:20:43   class and I pulled up to a stop light [TS]

00:20:46   and I noticed that something felt wobbly [TS]

00:20:48   and I was about to make a left and this [TS]

00:20:50   was during class change in Virginia Tech [TS]

00:20:51   which is a pretty big University and [TS]

00:20:54   something felt wobbly when I came up to [TS]

00:20:56   the light but I was like okay that's [TS]

00:20:57   just weird and again this is 94 Saturn [TS]

00:20:59   and this was in 2003 ish and I go to [TS]

00:21:03   make my left after the light turn green [TS]

00:21:05   and i did so very gingerly and all of a [TS]

00:21:07   sudden I hear where and then I realize [TS]

00:21:11   I'm not going the direction i thought i [TS]

00:21:14   was going anymore I know I'm sliding on [TS]

00:21:17   the front rotor of my car because not [TS]

00:21:21   only do i hear $MONEY [TS]

00:21:22   metal scraping against the blacktop but [TS]

00:21:26   I'm watching my front passenger tire [TS]

00:21:28   bouncing towards the parking lot full of [TS]

00:21:30   parked cars so I nearly slid into the [TS]

00:21:35   into the curb [TS]

00:21:37   thankfully I was able to stop beforehand [TS]

00:21:40   thankfully the tire that was now a [TS]

00:21:42   projectile hurtling towards some [TS]

00:21:45   innocent parked cars that stopped just [TS]

00:21:47   before the cars [TS]

00:21:49   welcome to find out the four lugs the [TS]

00:21:52   four posts that the wheel is mounted to [TS]

00:21:56   shore in half which [TS]

00:21:59   does not happen so yeah as I was driving [TS]

00:22:03   down the road which granted i was doing [TS]

00:22:05   like five miles an hour but as I was [TS]

00:22:06   driving down the road the tire fell off [TS]

00:22:09   of my car that how at what car is this [TS]

00:22:13   my 94 saturn sl2 city which is wanted by [TS]

00:22:17   the way that explains it does explain [TS]

00:22:19   that I mean that's just incredible like [TS]

00:22:21   you're driving in the wheel falls off [TS]

00:22:23   me--that's yep that's impressive [TS]

00:22:25   thank you I was pretty proud of that for [TS]

00:22:27   like 12 seconds and then I quickly tried [TS]

00:22:29   everything I could to get rid of that [TS]

00:22:31   car and that's when I ended up getting [TS]

00:22:32   the white 300zx from my parents [TS]

00:22:36   wow so now I maybe I should wait until [TS]

00:22:40   the end I five totally shamed you too i [TS]

00:22:42   apologize i am i'm pretty well that was [TS]

00:22:44   boring in that pic for me it was when I [TS]

00:22:47   had my maxima at some point I don't know [TS]

00:22:52   how this happened [TS]

00:22:53   honestly I don't like as far as i can [TS]

00:22:55   tell nothing cause this I had to replace [TS]

00:22:58   the windshield washer fluid tank because [TS]

00:23:01   somehow it had cracked and I don't even [TS]

00:23:05   like there was no impact there was it [TS]

00:23:07   was not any kind of accident i hadn't [TS]

00:23:09   gone over some kind of bad pothole [TS]

00:23:10   nothing else on the car had broken [TS]

00:23:12   around this time somehow I cracked my [TS]

00:23:15   windshield washer fluid tank [TS]

00:23:17   well market when you filled it with [TS]

00:23:19   nothing but water and you live in New [TS]

00:23:21   York that's going to cause it to crack [TS]

00:23:23   no but that wasn't it it wasn't even [TS]

00:23:24   that mean it was like I I and that car [TS]

00:23:27   like so many things went wrong in that [TS]

00:23:29   car there times like I only own the [TS]

00:23:32   maxima for something like four years but [TS]

00:23:36   in four years I had to lie had to [TS]

00:23:39   replace the calipers and the brakes [TS]

00:23:40   twice the pads three times that tons of [TS]

00:23:44   brake problems somehow i reckon i really [TS]

00:23:46   don't mean i don't think i was driving a [TS]

00:23:48   reasonably or anything and also probably [TS]

00:23:51   had a windshield washer fluid think that [TS]

00:23:52   was that was a gem and then my friend [TS]

00:23:56   hit his mother had this old Mercedes and [TS]

00:24:00   he had to take his driving test in this [TS]

00:24:01   car you know when we were all like well [TS]

00:24:04   he was 18 at the time because he waited [TS]

00:24:06   forever anyway so we're 18 he's taken [TS]

00:24:09   driving test this Mercedes though I had [TS]

00:24:11   so many weird electrical issues [TS]

00:24:13   that in order to unlock the the [TS]

00:24:16   driver's-side door any door for that [TS]

00:24:18   matter you had to go to the back of the [TS]

00:24:20   car and turn the key in the trunk [TS]

00:24:22   keyhole and that would unlock the doors [TS]

00:24:26   because no other method worked and so he [TS]

00:24:31   had to do this during his driving test [TS]

00:24:32   and the first you know the first like [TS]

00:24:34   all right well you know that they're [TS]

00:24:36   referencing the doing the driving test [TS]

00:24:37   is the instructor makes you go and like [TS]

00:24:39   turn the windshield wipers on turntables [TS]

00:24:41   on make sure you know how to operate the [TS]

00:24:43   basic our instruments and yet he had to [TS]

00:24:45   go to unlock the trunk and then explain [TS]

00:24:47   like why the turn signal was weird and [TS]

00:24:48   all this stuff so since that i've i've [TS]

00:24:51   been very wary of of ever owning a [TS]

00:24:53   luxury car that's old because that [TS]

00:24:57   Mercedes was in such terrible shape [TS]

00:24:58   electrically that's surprising to me [TS]

00:25:01   because my grandparents have had [TS]

00:25:03   Mercedes wagons since I can remember and [TS]

00:25:06   they drive the crap out of those things [TS]

00:25:08   and change the oil like once every seven [TS]

00:25:10   thousand years and those things we have [TS]

00:25:12   always been tanks for them [TS]

00:25:14   I mean it's I mean every every car is [TS]

00:25:17   different obviously but I am surprised [TS]

00:25:18   that it was an old Mercedes that had [TS]

00:25:20   issues because every old Mercedes I've [TS]

00:25:22   ever personally been in has been a tank [TS]

00:25:24   well i have found also that people have [TS]

00:25:27   different different tolerances for how [TS]

00:25:30   much repair they want to do to a car and [TS]

00:25:31   how much money they want to put into a [TS]

00:25:33   car before they either just stop getting [TS]

00:25:35   things fixed or get a new car and it [TS]

00:25:39   like for me like because I have this [TS]

00:25:41   Japanese car history i think pretty much [TS]

00:25:43   anything that goes wrong in a car that's [TS]

00:25:45   not basics of like you know brakes and [TS]

00:25:47   tires and stuff i think i almost [TS]

00:25:49   anything else is weird and I start [TS]

00:25:52   considering what I want to keep this car [TS]

00:25:53   after that but maybe just have been [TS]

00:25:55   spoiled by for the most part good cars [TS]

00:25:58   with the exception of that maximal just [TS]

00:26:00   had constant weird problems that every [TS]

00:26:02   other nineties maximum it didn't have [TS]

00:26:04   that it's somehow i got i had like a [TS]

00:26:06   lemon in certain areas now John i have [TS]

00:26:09   to believe you have some pretty odd [TS]

00:26:11   repairs that you've either performed or [TS]

00:26:13   had performed on your behalf in your day [TS]

00:26:15   on your color I should clear mostly [TS]

00:26:17   mostly the normal stuff [TS]

00:26:20   the only pair I've ever actually done in [TS]

00:26:22   my own car [TS]

00:26:22   I was one my sister i believe and she [TS]

00:26:26   doesn't have this podcast so she can [TS]

00:26:27   refer me put up my sister and my mother [TS]

00:26:30   were both bad and backing out of our [TS]

00:26:32   garage where I grew up and the driver [TS]

00:26:35   side mirror of what would eventually [TS]

00:26:36   become my 92 civic got sheared off how [TS]

00:26:40   and we bought a replacement mirror and [TS]

00:26:42   install that myself because I forget how [TS]

00:26:43   hard could it be [TS]

00:26:44   turns out it's much harder than you [TS]

00:26:46   think because no one of the tools we had [TS]

00:26:49   could reach in to get the tiny little [TS]

00:26:51   nut that you have to tighten to put the [TS]

00:26:53   thing on but anyway it's not that weird [TS]

00:26:54   sharing off mirrors and in backing out [TS]

00:26:56   of driveways the weirdest one that did I [TS]

00:26:58   did was when we lived in Atlanta there [TS]

00:27:01   was a gas station and the head like it [TS]

00:27:04   was like kind of up on a hill so the [TS]

00:27:06   road was down level and the little [TS]

00:27:07   entrance to little skirt that goes down [TS]

00:27:09   to road level was quite a steep hill and [TS]

00:27:12   92 cific does not have much ground [TS]

00:27:14   clearance and I turned into the gas [TS]

00:27:16   station a little bit too fast and [TS]

00:27:18   bottomed out the front of the car all 2 [TS]

00:27:21   inches of ground clearance or whatever [TS]

00:27:23   it has and I banged the the the nut that [TS]

00:27:27   you unscrew in the oil pan to let the [TS]

00:27:29   oil out but i bet i'm going to that like [TS]

00:27:32   it's recessed you know it's recess time [TS]

00:27:34   it's on an angle but apparently it pokes [TS]

00:27:36   out just enough that if you slam it if [TS]

00:27:38   you bought him out the front suspension [TS]

00:27:40   on the hill and slammed it against the [TS]

00:27:41   ground it just bent that the little nut [TS]

00:27:44   inside the thing I and I was like all [TS]

00:27:47   right well is that going to be a big [TS]

00:27:48   deal and I would you know I was like a [TS]

00:27:50   slow leak avoid like little tiny drips [TS]

00:27:53   you come out in the morning that be not [TS]

00:27:54   a big pot of oil but a little puddle of [TS]

00:27:56   oil you know and just like how do you [TS]

00:27:58   want to get this repaired as you know to [TS]

00:27:59   repair it's not like they're gonna be [TS]

00:28:00   out there going to like go there and [TS]

00:28:01   rethread the thing or something you're [TS]

00:28:03   going to replace the whole oil pan which [TS]

00:28:04   is significantly more expensive one on [TS]

00:28:06   the only problem is not just a little [TS]

00:28:08   bit bent but every time i get the oil [TS]

00:28:10   changed good bug the league got worse [TS]

00:28:12   and worse eventually i divided the [TS]

00:28:14   bottom sorry all right now I know it's [TS]

00:28:16   just replace the whole pan i did and [TS]

00:28:18   maybe maybe I ripped off maybe they [TS]

00:28:20   could have taken out the not and [TS]

00:28:22   rethreaded with a free threading tool [TS]

00:28:24   but i think it was like been so that [TS]

00:28:25   that one annoyed me because I I the [TS]

00:28:27   dripping of the oil annoyed me having to [TS]

00:28:30   like put extra oil in the car [TS]

00:28:31   and always worried about leaving oil [TS]

00:28:33   spots when you're driving around all [TS]

00:28:34   because it's been a little bit too fast [TS]

00:28:37   into the gas station [TS]

00:28:38   so now just so kind of to that end do [TS]

00:28:43   you guys do your own maintenance on your [TS]

00:28:46   cars no no [TS]

00:28:49   so I do not by and large and i use the [TS]

00:28:55   excuse that I don't have a particularly [TS]

00:28:58   large amount of tools and that I'm very [TS]

00:29:01   busy which is funny for me to say [TS]

00:29:03   because i have no children as an excuse [TS]

00:29:05   not to do it but I also do not typically [TS]

00:29:08   do my own maintenance and this is a [TS]

00:29:11   random story that I'm I'd like to get [TS]

00:29:12   off my chest one of the things that [TS]

00:29:13   bothers me about the fact that I don't [TS]

00:29:16   do my own maintenance is because I'm [TS]

00:29:18   very particular about what oil i use in [TS]

00:29:20   my car and I always use synthetic oil [TS]

00:29:22   and as it turns out the BMW wants it [TS]

00:29:24   anyway but in other cars I've always use [TS]

00:29:26   synthetic like my wife's car for example [TS]

00:29:27   in her mazda super always had synthetic [TS]

00:29:30   and I actually had to this is already a [TS]

00:29:33   club terrible white wine but instead of [TS]

00:29:35   going to the subaru dealer that was five [TS]

00:29:37   minutes from my house and I had to go to [TS]

00:29:39   the subaru dealer solid half an hour [TS]

00:29:41   away because when i used to take it in [TS]

00:29:43   to get the oil changed i would ask them [TS]

00:29:45   hey even if you charge me for the oil [TS]

00:29:48   that you would have used would you [TS]

00:29:50   please use the synthetic that I'm [TS]

00:29:52   leaving in the car and the dealers said [TS]

00:29:54   no we have to use our oil which I [TS]

00:29:57   thought was the most ridiculous and [TS]

00:29:58   obnoxious thing I've ever heard in my [TS]

00:30:00   life because I basically said pls rip me [TS]

00:30:02   off I'd like you to use this oil and [TS]

00:30:04   they said no and so I had to drive half [TS]

00:30:07   an hour each way just to get my daughter [TS]

00:30:08   oil changed how to do if i chose to do [TS]

00:30:10   it at the dealer that is and it was very [TS]

00:30:11   annoying [TS]

00:30:12   that's really was a fantastic white line [TS]

00:30:14   it is isn't it [TS]

00:30:15   what are you basing the your desire for [TS]

00:30:18   synthetic oil on you think like if you [TS]

00:30:19   had regular oil this would impact your [TS]

00:30:21   life in some way that is measurable or [TS]

00:30:24   noticeable by you like what if they what [TS]

00:30:26   if they told you they used your oil and [TS]

00:30:28   just you know kept it for themselves for [TS]

00:30:30   their car and put in the regular oil [TS]

00:30:31   that how are you had crossed my mind I [TS]

00:30:34   would not have known and the reason I [TS]

00:30:35   use synthetic is because my my father [TS]

00:30:38   has said and again he used to be a [TS]

00:30:40   mechanic and still is very very good [TS]

00:30:42   with these things he has always run [TS]

00:30:44   synthetic in his [TS]

00:30:45   cars and he is of the opinion which [TS]

00:30:46   maybe its focus focus but he's of the [TS]

00:30:48   opinion that it helps the cars run [TS]

00:30:50   longer a very good friend of his who [TS]

00:30:54   passed away recently who isn't even [TS]

00:30:55   better mechanic my father and my [TS]

00:30:57   father's pretty good mechanic he swore [TS]

00:30:59   by synthetic I mean all the luxury [TS]

00:31:01   brands to my knowledge I think it's not [TS]

00:31:03   better i'm just saying is it better in a [TS]

00:31:04   way that you would notice [TS]

00:31:06   oh no but the reason I ran it was [TS]

00:31:08   because i was under the impression i [TS]

00:31:09   would keep the subaru forever and then I [TS]

00:31:11   didn't but so so in short you're [TS]

00:31:16   absolutely right there's no reason for [TS]

00:31:17   it and those mechanics are all keeping [TS]

00:31:19   your expensive oil that your brain [TS]

00:31:21   probably yes yeah that they're taking [TS]

00:31:23   home the guys you work through and [TS]

00:31:25   really the other dealer who would [TS]

00:31:26   install is actually the honesty of [TS]

00:31:27   everything was protecting himself [TS]

00:31:29   because like if someone it's like a way [TS]

00:31:32   to scam you bring your ear booby-trapped [TS]

00:31:34   oil and then you drive away from the [TS]

00:31:36   deal and your engine exploded you say [TS]

00:31:37   all you guys destroyed my car and you [TS]

00:31:40   know you see them for the cost of the [TS]

00:31:41   car because you know yeah it's a pretty [TS]

00:31:43   obvious liability cover their you know [TS]

00:31:45   yes and that's why they wouldn't do it [TS]

00:31:47   and I want to do parallel that you know [TS]

00:31:49   that they control that are gonna take [TS]

00:31:51   some unless you know some stuff that [TS]

00:31:52   some bottles provided by you and that [TS]

00:31:54   does sort of make sense but I mean I was [TS]

00:31:56   giving them a sealed container that was [TS]

00:31:59   clearly sealed from the factory yes i [TS]

00:32:00   know you could probably figure out a way [TS]

00:32:02   to to molest what's in there without [TS]

00:32:03   breaking the seal but still I don't know [TS]

00:32:05   it's just it's one who knows how to get [TS]

00:32:07   that was like that you know they don't [TS]

00:32:09   they don't know that oil is good for [TS]

00:32:10   your car right everybody having a [TS]

00:32:12   different matter even be malicious it [TS]

00:32:14   could just be you got a bad batch or [TS]

00:32:15   something that that's one of the things [TS]

00:32:16   i think that happened to be one sore [TS]

00:32:18   the theory is that happened to me once I [TS]

00:32:20   was having some strange problem with my [TS]

00:32:21   car was like oh maybe you got some bad [TS]

00:32:24   gas from gas station that had to know [TS]

00:32:26   something in it or whatever and if you [TS]

00:32:28   just run through this tank it'll be fine [TS]

00:32:29   and it was so to that end actually [TS]

00:32:32   brings up another good question when I [TS]

00:32:34   had the super early on another problem i [TS]

00:32:35   forgot about it was the first car it was [TS]

00:32:39   a 2005 legacy GT and to my recollection [TS]

00:32:41   that was the first year of that [TS]

00:32:43   generation and they had some really [TS]

00:32:46   interesting ECU problems with the turbo [TS]

00:32:49   where if I was under like a moderate [TS]

00:32:51   load and under moderate throttle in the [TS]

00:32:54   car would buck and I took me [TS]

00:32:57   easily six months of arguing with the [TS]

00:32:59   dealer this is not the oil dealers a [TS]

00:33:01   different dealer and saying to them no [TS]

00:33:03   really this is an issue with the car and [TS]

00:33:05   one of the things they did was blamed [TS]

00:33:08   the gas i was putting in it and so [TS]

00:33:09   because of that [TS]

00:33:12   well i was able to argue back with them [TS]

00:33:15   because i keep ridiculous records of [TS]

00:33:17   offer all my cars and i have an excel [TS]

00:33:19   spreadsheet that has everything to guess [TS]

00:33:21   whoever put in it really for this [TS]

00:33:22   yes for the subaru I've every receipt [TS]

00:33:25   for every tank of gas that's ever been [TS]

00:33:26   in it because at the time I thought to [TS]

00:33:28   myself well if I ever go to sell this [TS]

00:33:30   privately whoever whomever i sell it to [TS]

00:33:32   will appreciate the fact that mr. that [TS]

00:33:34   on this meticulous proactive selling [TS]

00:33:36   privately whether one [TS]

00:33:36   yeah we should and obviously i don't [TS]

00:33:40   plan on selling privately and so that [TS]

00:33:41   all this effort was basically for not [TS]

00:33:42   but the advantage of being such a [TS]

00:33:45   ridiculously indoor tennis bastard was [TS]

00:33:46   that I could argue with them and say no [TS]

00:33:48   look I'm not putting crap gasps in here [TS]

00:33:50   and putting decent cast in here which [TS]

00:33:52   one are you guys are you record keepers [TS]

00:33:54   not regard to do not give two craps no [TS]

00:33:56   no keep track of that stuff [TS]

00:33:58   John you disappoint me i think that [TS]

00:34:00   anything i save the receipts to give to [TS]

00:34:02   my accountant / wife so she can track [TS]

00:34:04   the fact that we pay for gas and you [TS]

00:34:06   know no one is you know using our little [TS]

00:34:08   mobile speed past thing without our [TS]

00:34:10   knowledge getting other guys but other [TS]

00:34:12   than that now I don't track mileage it [TS]

00:34:13   on my parents used to do that you write [TS]

00:34:15   down everything didn't compute the [TS]

00:34:16   mileage you know I don't do that at all [TS]

00:34:19   yeah don't do any kind of record keeping [TS]

00:34:20   that either i mean i figure i mean first [TS]

00:34:23   of all I'd like I'm not going to sell [TS]

00:34:25   any of my cars privately as if I can [TS]

00:34:27   avoid it because i will get back to that [TS]

00:34:28   in a minute but you know i'd rather not [TS]

00:34:31   solve things privately and the dealer [TS]

00:34:33   doesn't really care if you do if it's a [TS]

00:34:35   lease and you've turned in or if you're [TS]

00:34:36   trading in a car to a dealer they don't [TS]

00:34:39   care either way that the price we're [TS]

00:34:40   going to give us nothing to do with what [TS]

00:34:41   kind of gas you put in it at or where [TS]

00:34:44   you bought it or what kind of mileage [TS]

00:34:45   for everything that they couldn't really [TS]

00:34:47   care less [TS]

00:34:48   that's true upon sale but another thing [TS]

00:34:50   of understood is for the three three [TS]

00:34:52   fives for those with the n54 engines so [TS]

00:34:55   that's up until i believe it's up to and [TS]

00:34:57   including 2010 they had some major [TS]

00:34:59   issues with high pressure fuel pump and [TS]

00:35:01   from what I've gathered a lot of times [TS]

00:35:04   BMW dealers would give owners a really [TS]

00:35:07   hard time they're putting like Costco or [TS]

00:35:09   Sam's or kroger [TS]

00:35:10   stop and shop gas into their cars and [TS]

00:35:13   they would say oh you're putting crap [TS]

00:35:14   gasps and here it's not our fault and I [TS]

00:35:15   believe diesels like Volkswagen diesels [TS]

00:35:17   had similar issues if i'm not mistaken [TS]

00:35:19   where if you put crap diesel in it or [TS]

00:35:22   whatever the case may be and I don't [TS]

00:35:23   really know anything about diesel but if [TS]

00:35:25   you put chrome bezel in it then Oh with [TS]

00:35:27   your engine explodes it's not our fault [TS]

00:35:29   that's one of the things I love about [TS]

00:35:30   honda is that they've been holding the [TS]

00:35:33   line on non premium gas like you know [TS]

00:35:37   just plain ol days have an octane even [TS]

00:35:39   my I believe a couple generations of [TS]

00:35:41   cameras required premium and stuff like [TS]

00:35:43   really want to get about honda has been [TS]

00:35:46   very strongly at least in there not an [TS]

00:35:48   accurate perhaps but at least in the [TS]

00:35:49   honda line of sticking to you know plain [TS]

00:35:52   old normal octane gas [TS]

00:35:54   yeah that is very convenient when you [TS]

00:35:55   when you have a car that does not need [TS]

00:35:56   premium that's very very nice i think [TS]

00:36:00   the last car i owned that did not need [TS]

00:36:02   premium on Saturn because he needed it [TS]

00:36:04   subaru needed it BMW needs it actually [TS]

00:36:06   errands car does not but I so very [TS]

00:36:08   rarely fill that so it's actually not [TS]

00:36:12   mine i didn't actually check the 2013 [TS]

00:36:14   according to assume it still does not [TS]

00:36:15   require premium but I i love not using [TS]

00:36:18   premium but back when I was driving my [TS]

00:36:19   parents like I believe the four-wheel [TS]

00:36:21   drive minivan [TS]

00:36:22   I don't know if required premium may be [TS]

00:36:26   required like 91 but you could put 93 [TS]

00:36:29   and it but i always put 93 years it [TS]

00:36:30   wasn't my money but since since I got my [TS]

00:36:32   own car and my own you know gas card i [TS]

00:36:36   was happy that all my cars take the [TS]

00:36:37   cheap gas for what it's worth I think [TS]

00:36:39   please email Casey with the responses [TS]

00:36:41   but I think when cars require premium I [TS]

00:36:43   think they usually just require 91 i [TS]

00:36:46   don't i don't think they require like 93 [TS]

00:36:48   94 95 all those crazy ones that are [TS]

00:36:50   ridiculously expensive i think those are [TS]

00:36:52   just for people who think it'll matter [TS]

00:36:53   or people who are not using their own [TS]

00:36:56   money [TS]

00:36:56   I think that's right but I'm probably [TS]

00:37:00   wrong as well so we don't email either [TS]

00:37:03   of us how much is gas for you guys right [TS]

00:37:05   now at pure curiosity i ask because I [TS]

00:37:07   filled up today and it was over four [TS]

00:37:09   dollars for premium for me which is [TS]

00:37:10   somewhat rare around these parts [TS]

00:37:12   Europe is going to email us so hard [TS]

00:37:14   after all God you had no it's not [TS]

00:37:17   oh you're going to have health care [TS]

00:37:20   happy I did not betray their expensive [TS]

00:37:22   gas but you have healthcare that works [TS]

00:37:25   out million really long vacations [TS]

00:37:27   yeah that was the dumbest thing I've [TS]

00:37:28   ever said thank you John for saving now [TS]

00:37:30   that's great i mean i honestly around [TS]

00:37:32   around here and and you know the [TS]

00:37:34   tri-state area [TS]

00:37:36   I almost always pay four dollars a [TS]

00:37:38   gallon and it's very rarely under that [TS]

00:37:40   491 usually it's like in the $YEAR ford [TS]

00:37:43   25 or 30 range that's that's it's very [TS]

00:37:47   readily less than that NP i had people [TS]

00:37:49   tell me that when I was apparently if i [TS]

00:37:51   want to go when we go to Germany with [TS]

00:37:55   the m5 that it's something like eight [TS]

00:37:56   dollars a gallon over there was talking [TS]

00:38:00   to my buddy Brian about that and he had [TS]

00:38:02   noticed because he's going to France [TS]

00:38:03   with his girlfriend in i would totally [TS]

00:38:05   unrelated to cars but they're going to [TS]

00:38:07   rent and they're going to drive around [TS]

00:38:08   France with whatever crap econo box that [TS]

00:38:11   they get and he was saying that on [TS]

00:38:14   google maps and let's talk about this [TS]

00:38:15   market on google maps i don't know if [TS]

00:38:17   this is a Europe thing or everywhere [TS]

00:38:18   they actually have a price calculator so [TS]

00:38:21   you can tell Google Maps what kind of [TS]

00:38:22   car you have is a diesel is a big car [TS]

00:38:25   small car and what approximately how [TS]

00:38:27   much you think a gallon or leader of gas [TS]

00:38:30   will be or diesel and it will compute [TS]

00:38:33   about how much it will cost for whatever [TS]

00:38:35   journey you're about to go on which I've [TS]

00:38:36   never personally seen but he showed me [TS]

00:38:38   screenshots look pretty cool that is [TS]

00:38:39   pretty cool if we can break for a second [TS]

00:38:42   to thank our sponsor once again it is [TS]

00:38:44   Squarespace because Squarespace host [TS]

00:38:47   every podcast now and because they're so [TS]

00:38:48   awesome [TS]

00:38:50   Squarespace is an all-in-one platform [TS]

00:38:51   for easily creating your own website and [TS]

00:38:55   this past week long something big [TS]

00:38:57   they launched Commerce which they called [TS]

00:39:01   a flexible and powerful ecommerce [TS]

00:39:03   solution basically it allows you to sell [TS]

00:39:05   digital or physical goods from your [TS]

00:39:07   Squarespace site all built into all the [TS]

00:39:10   templates they handle all the you know [TS]

00:39:12   all the pain in the butt stuff for you [TS]

00:39:14   its credit and debit cards accepted its [TS]

00:39:16   back by stripe and stripe is awesome [TS]

00:39:18   all this easy interfaces for tracking [TS]

00:39:21   your order is providing email update you [TS]

00:39:23   can print shipping labels if you're [TS]

00:39:24   selling physical goods you can handle [TS]

00:39:26   coupon codes such as using neutral to [TS]

00:39:29   squarespace uh-huh so it's really great [TS]

00:39:33   David [TS]

00:39:33   have integrated everything made it [TS]

00:39:34   really easy to use and they don't take a [TS]

00:39:37   cut of your sales it's included just in [TS]

00:39:40   their business plan because 24 hours a [TS]

00:39:42   month if you pay annually or 30 month to [TS]

00:39:44   pay month-to-month and so anyway the [TS]

00:39:47   best value ever if you buy a year or two [TS]

00:39:50   years even you get a free domain which [TS]

00:39:53   is awesome their regular plans if you [TS]

00:39:55   don't need the Commerce stuff started [TS]

00:39:56   ten dollars a month and we host our site [TS]

00:39:58   there they're fantastic you have a blog [TS]

00:40:01   portfolio site for your business [TS]

00:40:03   perfect place to do it so go to [TS]

00:40:05   squarespace.com use offer code neutral [TS]

00:40:08   to checkout and you'll get an additional [TS]

00:40:10   ten percent off i think ten percent yeah [TS]

00:40:13   something like that ten percent it's a [TS]

00:40:15   good deal so go check them out [TS]

00:40:17   check out Squarespace thanks alright so [TS]

00:40:20   have you guys ever sold a car privately [TS]

00:40:22   i have $MONEY i sold my poor 92 civic [TS]

00:40:25   Casey now I've not and as i've mentioned [TS]

00:40:29   briefly but previously i do not intend [TS]

00:40:32   to sell the super privately because i'm [TS]

00:40:34   too lazy and don't want to deal with the [TS]

00:40:35   headache so John how did it go when you [TS]

00:40:37   sold yours [TS]

00:40:38   well first of all the reason i sold like [TS]

00:40:39   what it was was an older you know as a [TS]

00:40:42   92 and i think i've replaced it and [TS]

00:40:44   replaced it with the 2002 so most of you [TS]

00:40:46   know there have been about 10 years [TS]

00:40:48   there i don't remember so hard to tell [TS]

00:40:50   because if you remember your car's model [TS]

00:40:52   year that has very little bearing on [TS]

00:40:53   what year you bought the car right [TS]

00:40:55   it's like getting plus or minus 100 0 or [TS]

00:40:57   x plus or minus 2 they do crazy bright [TS]

00:40:59   years plus I I tend to try to buy like [TS]

00:41:01   the last year's model as soon as [TS]

00:41:02   anyone's come out to get like the last [TS]

00:41:04   of the inventories you get a good deal [TS]

00:41:05   anyway the clutch was going on and it [TS]

00:41:09   was like a hundred and fifty thousand [TS]

00:41:11   miles something most of that trying to [TS]

00:41:13   take that gamble of like timing when to [TS]

00:41:14   get rid of it by writing for the clutch [TS]

00:41:16   dies as soon as i know i felt it [TS]

00:41:18   slipping soon as I felt so like the [TS]

00:41:19   fully engage clash with slip a little [TS]

00:41:21   bit i was like oh no alright it's ok i [TS]

00:41:24   first we went to get a new car and that [TS]

00:41:26   they didn't want to trade it like it was [TS]

00:41:28   worthless to that person was a liability [TS]

00:41:30   was zero dollars was their offer further [TS]

00:41:33   for the city because it really was not I [TS]

00:41:34   mean it was in good condition it was [TS]

00:41:36   clean and it had had lots of work done [TS]

00:41:38   to it over the years and many things [TS]

00:41:40   have been replaced in it but but the [TS]

00:41:41   bottom at the end of the day it was [TS]

00:41:44   1992a honda civic DX which is the one [TS]

00:41:47   you know the really cheap one that had [TS]

00:41:49   the am/fm cassette stereo and air [TS]

00:41:51   conditioning [TS]

00:41:52   that's the only two options the in a can [TS]

00:41:54   and FM that's right and no loss no one [TS]

00:41:57   is under no passenger side mirror did it [TS]

00:42:00   having all of my design [TS]

00:42:02   yeah well you have no passenger side [TS]

00:42:04   mirror that give you use extra that was [TS]

00:42:05   extra yes I'm the DX it does not come [TS]

00:42:08   standard with the passenger side mirror [TS]

00:42:09   you have to hate you had to pay extra [TS]

00:42:11   for my parents did not pay extra for and [TS]

00:42:13   actually relatively expensive compared [TS]

00:42:15   to the cost of the car that's when I was [TS]

00:42:16   my car though I love that car better [TS]

00:42:18   than any of the better than the current [TS]

00:42:20   civic app sure so they didn't want it so [TS]

00:42:23   I'm like well it's not worth zero like I [TS]

00:42:24   looked up what it's worth and it was [TS]

00:42:26   worth something so I'm like our final [TS]

00:42:28   selling myself so I think it might have [TS]

00:42:30   been craigslist or something like that [TS]

00:42:31   it took pictures of the carb loaded you [TS]

00:42:34   know and I guess this was before [TS]

00:42:35   craigslist became terrible and we had [TS]

00:42:37   someone you know our company will come [TS]

00:42:39   and look at it and i only remember of [TS]

00:42:41   taking one person out for a test drive [TS]

00:42:43   and they drove it just around my little [TS]

00:42:45   neighborhood here and I was like please [TS]

00:42:47   don't want them those two clutch is [TS]

00:42:48   slipping please look and either it [TS]

00:42:51   didn't slip or they didn't notice and [TS]

00:42:55   you know I had I had a little bit of the [TS]

00:42:57   kc effect going because we have like [TS]

00:42:58   every repair we'd ever done to it and [TS]

00:43:00   all the paperwork going through it all [TS]

00:43:01   the oil changes that we saved all that [TS]

00:43:02   stuff and you can see me replace the [TS]

00:43:05   head gasket when the water pump died and [TS]

00:43:08   my wife group drove with it the [TS]

00:43:10   temperature needed on h4 really really [TS]

00:43:12   long time so you know new water pump new [TS]

00:43:15   head gasket new timing belt new [TS]

00:43:17   alternator battery you know fresh breaks [TS]

00:43:21   press tires so many things we've done [TS]

00:43:24   this a new radiator new spark plugs like [TS]

00:43:27   we taking care of it we kept it up and [TS]

00:43:29   everything like that it was it was still [TS]

00:43:31   looking pretty condition but like the [TS]

00:43:32   clutch need to be replaced and that [TS]

00:43:33   would have probably been much more [TS]

00:43:35   expensive than the previous repairs so [TS]

00:43:37   the person was buying it for like for [TS]

00:43:40   their kid to like learn how to drive or [TS]

00:43:42   something like that and I really didn't [TS]

00:43:45   feel too bad because like it's going to [TS]

00:43:46   destroy this thing anyway like the car [TS]

00:43:48   you learn to drive stick on is probably [TS]

00:43:50   going to get mauled it's a great cover [TS]

00:43:53   that like it if if you're selling [TS]

00:43:54   somebody a car that doesn't have a whole [TS]

00:43:56   lot of clutch lifetime left [TS]

00:43:57   and you're selling it to somebody who's [TS]

00:43:59   going to learn how to drive stick on it [TS]

00:44:01   that's perfect then if they burn out the [TS]

00:44:02   clutch in three months well that's [TS]

00:44:04   because you're learning to drive stick [TS]

00:44:05   on it was my dad whatever it was also I [TS]

00:44:07   to admit it's the first is you know they [TS]

00:44:09   saw all the repairs like if you don't [TS]

00:44:11   see it then this little stack of paper [TS]

00:44:13   that means its original and I believe I [TS]

00:44:15   mentioned that probably have guilt you [TS]

00:44:16   know it's the original collection the [TS]

00:44:17   car has like a hundred fifty thousand I [TS]

00:44:19   you do the math okay that's not cutting [TS]

00:44:20   the last forever and not and I wasn't [TS]

00:44:24   the sole driver this car like you know [TS]

00:44:25   my whole family drove before they sold [TS]

00:44:28   it to me so who knows would abuse this [TS]

00:44:30   car had been through but i don't think i [TS]

00:44:33   got like $1,500 for something like that [TS]

00:44:37   it was like it was below 2000 and i was [TS]

00:44:39   very happy to get it was certainly [TS]

00:44:41   better than 0 and I was sad to see that [TS]

00:44:43   cargo because simply replace it was [TS]

00:44:45   crappy but never heard from the person [TS]

00:44:47   again no problem i think they paid with [TS]

00:44:48   a check in when it's like a thousand [TS]

00:44:50   something boxing out like you know [TS]

00:44:51   didn't need to get like 18 forms of ID [TS]

00:44:54   and a cashier's check for a bank or [TS]

00:44:55   anything it's just like well whatever [TS]

00:44:57   you know we know where you are your name [TS]

00:44:58   and your address and give us a check to [TS]

00:45:00   check cleared we got the money signed [TS]

00:45:02   over the title bun and done I was [TS]

00:45:03   perfectly happy with the experience [TS]

00:45:05   except for the fact that my poor [TS]

00:45:07   pathetic . away from me and actually it [TS]

00:45:09   occurred to me that I lied i have sold a [TS]

00:45:12   car privately sort of so the 300zx I've [TS]

00:45:16   mentioned in the past I had it I got it [TS]

00:45:18   in 2003-2004 way at this was right after [TS]

00:45:21   the Saturn's after mentioned wheel [TS]

00:45:24   accident and so I have it was like six [TS]

00:45:28   months after i got it or eight months [TS]

00:45:30   less than a year after i got from my [TS]

00:45:31   parents that it had been in the shop so [TS]

00:45:35   often that I decided you know screw it [TS]

00:45:37   i'm just going to go get a new car and [TS]

00:45:39   so i bought the subaru and not only the [TS]

00:45:41   Super's doing now the Z kind of SAT [TS]

00:45:43   broken for a while and eventually I took [TS]

00:45:46   it to the local Nissan dealer to figure [TS]

00:45:49   out what was wrong with it and [TS]

00:45:50   potentially get it repaired and I had [TS]

00:45:53   said to the dealer [TS]

00:45:55   hey listen I don't want this car anymore [TS]

00:45:57   so if anyone wants it [TS]

00:45:58   I'm open and as it turns out one of the [TS]

00:46:01   mechanics there did want it and bought [TS]

00:46:04   it for some absurdly cheap amount of [TS]

00:46:06   money which I was fine with because I [TS]

00:46:08   just wanted to get the hell out of my [TS]

00:46:09   life [TS]

00:46:10   even though I loved that car into this [TS]

00:46:12   day i miss that car and I kind of wish I [TS]

00:46:15   hadn't gotten rid of it [TS]

00:46:16   I did strictly speaking sell that [TS]

00:46:18   privately which was the easiest sale [TS]

00:46:20   ever because I basically said here's the [TS]

00:46:22   situation it is broken you know it's [TS]

00:46:24   broken [TS]

00:46:25   give me I think it's like 1,200 bucks or [TS]

00:46:27   something absurd like that and we'll [TS]

00:46:29   call it good and I was that love it was [TS]

00:46:31   like I got more than that 492 silicon [TS]

00:46:33   you sold like the maximum is much nicer [TS]

00:46:35   car than that it was a 300zx but I don't [TS]

00:46:38   know [TS]

00:46:38   yeah but either way I get to activate a [TS]

00:46:40   minute well and I mean you're right and [TS]

00:46:43   I knew I was getting robbed but I was ok [TS]

00:46:44   with it because I just didn't want to [TS]

00:46:45   deal with the hassle of it yeah maybe [TS]

00:46:47   that's the thing about like when you're [TS]

00:46:48   selling an old car that's with you if [TS]

00:46:50   you're in the the school of thought [TS]

00:46:52   where you buy a car and you keep it [TS]

00:46:54   until it's basically dead basically dead [TS]

00:46:56   is the point where you sell it at that . [TS]

00:46:57   the car is worth so little that you just [TS]

00:46:59   want to get rid of it it's almost like [TS]

00:47:01   you get like a grand or something and [TS]

00:47:02   you're like wow okay well the cars out [TS]

00:47:04   of my life I don't have to deal with it [TS]

00:47:06   i have a thousand dollars in things like [TS]

00:47:07   you'd run into a bit of value out of the [TS]

00:47:09   out of the car maybe your maybe your [TS]

00:47:11   300zx maybe you didn't get every bit of [TS]

00:47:13   value out of that because it sounds like [TS]

00:47:14   it was a little flaky but I I felt like [TS]

00:47:17   I got everything I could get out of the [TS]

00:47:19   Pacific and I mean the main reason i [TS]

00:47:21   probably would repair the clutch if I [TS]

00:47:22   was like single and wasn't you know [TS]

00:47:24   starting a family or whatever but it's [TS]

00:47:26   just it's a very small car it's not [TS]

00:47:27   particularly safe it's old and you know [TS]

00:47:30   I wanted to own it upgrade so i would if [TS]

00:47:33   it was if i was looking at myself I was [TS]

00:47:35   a bachelor just kept pumping money into [TS]

00:47:36   my car because i loved it and the comedy [TS]

00:47:39   of the 300zx is when we bought it we [TS]

00:47:41   bought it from a friend of my dads whom [TS]

00:47:43   had bought the car new and the clutch [TS]

00:47:46   was shot when we bought it and we bought [TS]

00:47:48   it knowing full well that we would need [TS]

00:47:50   to do the clutch but dad being a [TS]

00:47:51   mechanic he and I did the clutch [TS]

00:47:53   together whereby I mean he did all the [TS]

00:47:55   work and I was a go for his behalf and [TS]

00:47:58   you had on the ranch yeah exactly [TS]

00:47:59   exactly which brother it was a really [TS]

00:48:02   cool experience doing the clutch in that [TS]

00:48:03   car but as a man who i'm just being my [TS]

00:48:05   father is a man who is used to like [TS]

00:48:07   1970s era buicks and $YEAR and $YEAR [TS]

00:48:09   dodgers and Chevy's to work on a car [TS]

00:48:12   that was designed by the by the Japanese [TS]

00:48:16   where everything is squished in is into [TS]

00:48:19   a small place as possible he heated [TS]

00:48:22   working on that [TS]

00:48:23   our with a passion but yes when we [TS]

00:48:25   bought it at a blown clutch when we sold [TS]

00:48:28   it I forgetting it was something wrong [TS]

00:48:29   with ignore when i sold it was something [TS]

00:48:31   wrong with the ignition that was causing [TS]

00:48:33   it to run like garbage and just like you [TS]

00:48:35   said John couldn't agree more i was just [TS]

00:48:37   happy to get out of my life and hey I [TS]

00:48:38   got a couple that got like a thousand [TS]

00:48:39   bucks out of the deal which is pretty [TS]

00:48:40   sweet right years once you once you get [TS]

00:48:43   down to that level of value where cars [TS]

00:48:46   worth like a few thousand bucks at most [TS]

00:48:48   then it started to become about timing [TS]

00:48:50   it with maintenance you know like if [TS]

00:48:52   it's like if you get if you get to get [TS]

00:48:54   rid of this car before another year [TS]

00:48:56   putting another thousand dollars into it [TS]

00:48:58   the henna then you know it you come out [TS]

00:49:01   roughly the same but that's why cars [TS]

00:49:02   tend to have that their pricing tends to [TS]

00:49:05   bottom out and stay at a certain level [TS]

00:49:07   for a while like a an eleven-year-old [TS]

00:49:10   car and a thirteen-year-old cards the [TS]

00:49:13   same model is going to cost about the [TS]

00:49:15   same amount like it's not going to that [TS]

00:49:16   different because at that point you're [TS]

00:49:18   just paying for occasional maintenance [TS]

00:49:19   here and there you know your regular [TS]

00:49:21   maintenance but you know you're not [TS]

00:49:22   really like the depreciation is bottomed [TS]

00:49:25   out and you're just kind of riding it [TS]

00:49:26   out until it's totally way too expensive [TS]

00:49:28   to repair and then you just get rid of [TS]

00:49:30   it [TS]

00:49:31   so anyway with my maxima I i sold that [TS]

00:49:34   privately because i wanted to go without [TS]

00:49:36   a car for a while to help save some [TS]

00:49:39   money and i was living in in Pittsburgh [TS]

00:49:41   at the time and I was in a nice place [TS]

00:49:43   where I didn't I i don't really need a [TS]

00:49:45   car i could walk everywhere that I [TS]

00:49:47   needed to go including to work it was [TS]

00:49:48   awesome i wasn't i love pittsburgh it [TS]

00:49:50   was fantastic and so I went like six [TS]

00:49:53   months at a car which first of all i [TS]

00:49:55   would not recommend doing because if you [TS]

00:49:58   have a gap in your insurance coverage in [TS]

00:50:01   the u.s. I don't know how this works in [TS]

00:50:02   other countries but in the u.s. if you [TS]

00:50:04   go [TS]

00:50:05   sigh I think more than 30 days without [TS]

00:50:07   having car insurance [TS]

00:50:09   it makes it very hard to get insurance [TS]

00:50:11   again once you decide to resume needing [TS]

00:50:14   insurance for owning a car and we pay a [TS]

00:50:16   higher rate and a lot of insurers won't [TS]

00:50:18   take you immediately this was a problem [TS]

00:50:20   i had I i had the same problem i had [TS]

00:50:25   actually worse in Brooklyn when I moved [TS]

00:50:27   there for a year and sold the honda how [TS]

00:50:29   it was worse because I went longer [TS]

00:50:31   without a car and after I moved out of [TS]

00:50:34   Brooklyn came up here that's the suburbs [TS]

00:50:36   with my [TS]

00:50:36   328i had to get like I think it would I [TS]

00:50:40   think all states who I tried first I [TS]

00:50:42   always had them and they would ensure me [TS]

00:50:43   because it's what we can ensure somebody [TS]

00:50:45   who had a lapse in coverage i think they [TS]

00:50:47   assume if you have a lapse in coverage [TS]

00:50:49   you're very likely to have like had a [TS]

00:50:51   DUI or suspension or or you know maybe [TS]

00:50:55   your you your credit is shot you're [TS]

00:50:57   really short of money you got to sell [TS]

00:50:58   your car for a while like they assume [TS]

00:51:00   there's something about that that caused [TS]

00:51:02   you to be much higher risk to ensure so [TS]

00:51:05   i had to first have a year on travelers [TS]

00:51:09   because i'll take pretty much anybody on [TS]

00:51:11   some kind of super high risk thing that [TS]

00:51:12   i paid way too much money for have a [TS]

00:51:14   year on them first and then transfer to [TS]

00:51:16   all state where they would like after I [TS]

00:51:18   had another year of someone somebody [TS]

00:51:19   else they would take me back even though [TS]

00:51:21   i have a great i mean i didn't check [TS]

00:51:23   geico I did that that's a good question [TS]

00:51:25   that we can have heard only terrible [TS]

00:51:27   things about about how I go respond in [TS]

00:51:30   an accident like with repairs and stuff [TS]

00:51:32   I've heard I've heard the worst things [TS]

00:51:33   in the world second only by progressive [TS]

00:51:35   who I've heard far worse things have [TS]

00:51:38   apparently progressive is terrible to [TS]

00:51:40   deal with if you ever need to make a [TS]

00:51:41   claim but I don't have any first-hand [TS]

00:51:43   experience that thank God but anyway so [TS]

00:51:46   when i sold the maxima you know I it was [TS]

00:51:50   i was so tired of pumping money into [TS]

00:51:52   things like the windshield washer fluid [TS]

00:51:53   tank and a million sets of brakes that a [TS]

00:51:55   I sort of you know blue book value on it [TS]

00:51:58   was something like five thousand dollars [TS]

00:52:00   so i asked something here that I took a [TS]

00:52:02   few people on test drives [TS]

00:52:04   I think I did something craigslist you [TS]

00:52:06   because it was around but not sucking [TS]

00:52:07   yet and just like 2004-2005 maybe so [TS]

00:52:13   yeah so the problem was it was such a [TS]

00:52:17   time sink having people like come see [TS]

00:52:19   the car schedule it with them scheduled [TS]

00:52:21   to come look at it take a test drive [TS]

00:52:23   you know it took so much time is such a [TS]

00:52:25   pain in the butt that eventually and and [TS]

00:52:28   like and like whenever you sell a car in [TS]

00:52:31   the US that's a stick [TS]

00:52:32   you're gonna have people who come all [TS]

00:52:34   the way out to you no matter how many [TS]

00:52:35   times you've said it's a stick [TS]

00:52:36   they're gonna come all the way out there [TS]

00:52:37   and say oh I didn't realize it was a [TS]

00:52:39   stick [TS]

00:52:40   I can't drive a stick hoop Cena so it's [TS]

00:52:43   like that we can be something that I i [TS]

00:52:44   think i ended up showing the car like 45 [TS]

00:52:46   people i was getting fed up some guy [TS]

00:52:49   comes [TS]

00:52:50   who was gonna auction it and and put it [TS]

00:52:52   on a boat to I think he said like I [TS]

00:52:55   think he just basically said the middle [TS]

00:52:57   east i assume it was a country in the [TS]

00:53:00   Middle East that we know have a good [TS]

00:53:01   relationship with because it's probably [TS]

00:53:02   difficult otherwise their cars to them [TS]

00:53:04   so he offered me $MONEY well below my [TS]

00:53:08   asking price i think-think emergent [TS]

00:53:10   think it was like 3500 out of my 5000 [TS]

00:53:14   asking price he offered cash and and I'm [TS]

00:53:18   like I was and he goes he came over he [TS]

00:53:21   looks at the car [TS]

00:53:22   I don't even think he drove it like I [TS]

00:53:25   think it's just a look at okay i'll give [TS]

00:53:27   you know 300 for it and he just takes a [TS]

00:53:30   travel cash and I'm like you know what [TS]

00:53:32   would you mind can we drive to the bank [TS]

00:53:34   for a second and i drove into my bank up [TS]

00:53:38   the blog and and I walk in and I had him [TS]

00:53:41   like you know wait like you know a few [TS]

00:53:43   feet back under the counter I'm like I [TS]

00:53:45   just going to tell him like hey I'm [TS]

00:53:46   selling my car to this guy I've never [TS]

00:53:48   done this before can you just like look [TS]

00:53:50   at this and deposit and just make sure [TS]

00:53:52   its real and i'm not like make sure that [TS]

00:53:54   there's no way this can go over aki and [TS]

00:53:57   kai I don't know what I was doing you [TS]

00:53:59   know like that's that's the amount of [TS]

00:54:00   money that I would have definitely [TS]

00:54:02   missed at the time and and you know you [TS]

00:54:04   don't want to be scammed out of [TS]

00:54:06   thousands of dollars so and having never [TS]

00:54:09   done this before i was so paranoid about [TS]

00:54:10   about getting ripped off and this guy [TS]

00:54:12   was a pretty shady looking guy with a [TS]

00:54:14   giant mullet who's gonna put my car and [TS]

00:54:16   boat to the Middle East so you know I i [TS]

00:54:20   I'd good reason I think to be suspicious [TS]

00:54:21   but and and it and it was fine you turn [TS]

00:54:25   it was fine now one thing that we have [TS]

00:54:26   addressed though is when financing is [TS]

00:54:28   involved and this is one area that I [TS]

00:54:30   don't think I will ever tackle i really [TS]

00:54:32   hope I never have to because like if [TS]

00:54:36   either the buyer or the seller is [TS]

00:54:39   involved with alone to to buy or sell [TS]

00:54:41   this car i would imagine the complexity [TS]

00:54:45   and that alone and the likelihood of the [TS]

00:54:47   of the deal falling of heart is probably [TS]

00:54:50   high enough that it's not worth even [TS]

00:54:52   engaging in those deals you know I [TS]

00:54:54   actually have a bit of a story about [TS]

00:54:55   that i should also note that I what [TS]

00:54:58   we've heard this question for many [TS]

00:54:59   people but among the people we've heard [TS]

00:55:02   this from was a [TS]

00:55:03   in sims in and i wanted to mention her [TS]

00:55:05   mostly because she was kind enough to [TS]

00:55:07   use the phonetic pronunciation her [TS]

00:55:09   follow-up are in her her feedback i [TS]

00:55:11   should say which was very nice the [TS]

00:55:12   problem right there [TS]

00:55:13   yeah it is President Pro podcast [TS]

00:55:15   feedback move see that's right that [TS]

00:55:17   that's how you get attention [TS]

00:55:19   we're very worst suckers at least i'm a [TS]

00:55:20   sucker that way anyway but i think i [TS]

00:55:23   mentioned the past before what before [TS]

00:55:24   about the white 335i I had looked at a [TS]

00:55:28   home on blue 335 that a gentleman in [TS]

00:55:31   Florida was trying to sell and i think i [TS]

00:55:34   told you the ultra succinct story [TS]

00:55:36   earlier but the slightly longer version [TS]

00:55:38   is it was at the time I felt like it was [TS]

00:55:41   the perfect car and I still think to [TS]

00:55:42   some degree it was a little bit better [TS]

00:55:44   than the one I ended up with but the the [TS]

00:55:47   guy was asking i think it was like 40 [TS]

00:55:49   grand and so I talked to him on the [TS]

00:55:52   phone a couple of times and he had done [TS]

00:55:54   european delivery what like Marcos about [TS]

00:55:56   to do and i'll be tagging along [TS]

00:55:58   he had then had it shipped to the states [TS]

00:56:00   as you do with european delivery and [TS]

00:56:01   picked it up at the South Carolina BMW [TS]

00:56:05   factory where he did the performance [TS]

00:56:08   driving school which I'm hoping I can do [TS]

00:56:10   that between mark and i would think john [TS]

00:56:12   to meet us down there and I can convince [TS]

00:56:14   market to do it anyway he had done all [TS]

00:56:16   this cool stuff with the car he seemed [TS]

00:56:18   like a genuinely nice guy and he had [TS]

00:56:21   told me I'd ask her he had told me oh [TS]

00:56:23   hey is this dude you own it you have the [TS]

00:56:25   title in hand no no i don't but the bank [TS]

00:56:27   is very clear the bank that owns it is [TS]

00:56:29   very close by [TS]

00:56:30   it's not like it was bankrupt hold on so [TS]

00:56:32   it's not like it's bank of america you [TS]

00:56:33   know it's it's a local credit union and [TS]

00:56:36   blah blah and so I was like okay well [TS]

00:56:38   why don't you let me know you'll make [TS]

00:56:41   sure that you don't owe more than your [TS]

00:56:44   asking for the car and let's get all [TS]

00:56:47   that squared away and let's make sure [TS]

00:56:48   this all works and if it does then don't [TS]

00:56:50   go ahead and book a plane ticket and [TS]

00:56:51   we'll go down and get it so we're going [TS]

00:56:53   to complain ticket for for this deal it [TS]

00:56:56   was in florida that was risk man that's [TS]

00:56:58   such a risk [TS]

00:57:00   well as it turns out i got on the phone [TS]

00:57:03   with him a couple days later and I was [TS]

00:57:05   ok so did you talk to thank ya i talked [TS]

00:57:06   to think how much do you owe and again I [TS]

00:57:08   think the car he he was asking 43 wanted [TS]

00:57:11   40 and so how much do you owe 5100 [TS]

00:57:15   how much was it you that's a lot on a [TS]

00:57:19   335 my 335 sticker 55mm how long and how [TS]

00:57:25   long did he have it near maybe two [TS]

00:57:28   I didn't have a whole lot of miles on it [TS]

00:57:29   either and it was well loaded I mean my [TS]

00:57:32   my my 335 is about as loaded as they [TS]

00:57:35   come as well but I mean this was also [TS]

00:57:36   extremely well loaded in the lemond blue [TS]

00:57:38   i believe is a BMW individual color so [TS]

00:57:40   it was extra money and a section that [TS]

00:57:42   was scrapped by the way but yeah it is [TS]

00:57:44   it but so many so has he said I'm [TS]

00:57:46   probably butchering these numbers but [TS]

00:57:48   dude said oh yeah 52 so I was like well [TS]

00:57:52   do you have that money between where and [TS]

00:57:55   we haven't settled on a price yet but I [TS]

00:57:57   was like listen I'm not paying that much [TS]

00:57:58   so do you have that money [TS]

00:58:00   well no so you're saying the only way [TS]

00:58:04   I'm gonna get this car is if i buy out [TS]

00:58:05   the loan [TS]

00:58:06   yeah pretty much and that was the last I [TS]

00:58:09   spoke to him yeah that's so that's again [TS]

00:58:11   and you're lucky you at least knew that [TS]

00:58:12   before you went down oh yeah oh you're [TS]

00:58:14   before you tried to buy the car I mean [TS]

00:58:16   no you're absolutely right [TS]

00:58:18   that's the thing like I and this this is [TS]

00:58:20   why i just gave the guy I i accepted the [TS]

00:58:23   cash guys offer and why I don't even and [TS]

00:58:25   when I got the one and you know you want [TS]

00:58:28   the only way to get a 1m for almost the [TS]

00:58:30   entire time they've been available is to [TS]

00:58:32   get them used because they were so if [TS]

00:58:33   you made and they all went like that so [TS]

00:58:35   you know you had to search him and i was [TS]

00:58:36   i was looking at listings for months [TS]

00:58:38   one of the reasons i got the one I did [TS]

00:58:40   was because it was sold by a dealer it [TS]

00:58:42   was used but it was it and I had to go [TS]

00:58:45   through the whole thing about waiting [TS]

00:58:46   for the title because it was like a [TS]

00:58:47   small dealer than it was kind of a a [TS]

00:58:50   what's that word when a consignment sale [TS]

00:58:54   kind of like that were like the dealer [TS]

00:58:55   didn't actually own it anyway so but it [TS]

00:58:59   was still done through a dealer and so I [TS]

00:59:01   was willing I was way more willing to [TS]

00:59:03   deal with that then just some random [TS]

00:59:04   person who says hey got this awesome car [TS]

00:59:07   it's a very expensive car and I've put [TS]

00:59:09   all these aftermarket exhaust parts on [TS]

00:59:10   it and all this crap here i'll give it [TS]

00:59:12   to you like I don't want to deal with [TS]

00:59:13   that at all and that's why to like I [TS]

00:59:15   like what as i'm selling a car to I [TS]

00:59:19   don't want to deal with the selling it [TS]

00:59:21   as a seller either and so like when I [TS]

00:59:24   have to presumably when i get the m5 [TS]

00:59:27   going to trade in the one that notices [TS]

00:59:28   massive white wine [TS]

00:59:29   I'm sorry and I i could probably get [TS]

00:59:34   more for almost certainly by a private [TS]

00:59:35   sale but I asked my dealer like a you [TS]

00:59:37   gonna make me an offer on this because I [TS]

00:59:40   really really don't want to deal with [TS]

00:59:41   that at it [TS]

00:59:43   I don't care how good the buyers out of [TS]

00:59:45   like the idea of trying to privately [TS]

00:59:48   sell this one em and Trey having like [TS]

00:59:51   have multiple people come to see it [TS]

00:59:53   presumably they're going to want to test [TS]

00:59:54   drive it and I'm like that it's just [TS]

00:59:56   that sounds like such a pain to me now I [TS]

00:59:58   don't want to have to deal with any of [TS]

00:59:59   that [TS]

00:59:59   and [TS]

00:59:59   and [TS]

01:00:00   so even if i have to lose maybe a few [TS]

01:00:02   thousand dollars on resale that's [TS]

01:00:04   probably going to be worth the reduction [TS]

01:00:06   in in time stress and and risk I don't [TS]

01:00:12   believe me that's why i'm planning on [TS]

01:00:14   giving the subaru one giving but selling [TS]

01:00:16   the subaru to a dealer to go to a car [TS]

01:00:19   max or equivalent because I just want to [TS]

01:00:20   deal with it but the interesting thing [TS]

01:00:22   is you know I don't even really know [TS]

01:00:23   what to advise like let's say you're in [TS]

01:00:26   a position where you you own a car or [TS]

01:00:29   you don't own it yet you have a you have [TS]

01:00:31   a loan on a car that you're trying to [TS]

01:00:33   unload privately I i'm at a loss for [TS]

01:00:35   what I would even recommend doing [TS]

01:00:38   especially in the case of let's say you [TS]

01:00:40   have the loan through some national bank [TS]

01:00:43   where you can't just go down to the [TS]

01:00:44   local branch in order to get a title [TS]

01:00:46   because on the other end if i was to buy [TS]

01:00:48   a car like that i mean one of the [TS]

01:00:50   conditions i had with the sky that I [TS]

01:00:51   didn't end up buying from was that I was [TS]

01:00:52   like hey listen I got to have the title [TS]

01:00:54   before i give you all this money or you [TS]

01:00:57   know where we've got to do it all in one [TS]

01:00:58   shot yet because otherwise it's just not [TS]

01:01:00   gonna work for me and so if you don't [TS]

01:01:03   own your car outright you're trying to [TS]

01:01:05   sell it and you still alone [TS]

01:01:06   I don't even have the faintest idea what [TS]

01:01:07   you could do to make your your situation [TS]

01:01:10   any more appealing I mean John if you [TS]

01:01:11   eat i presume you've never run into any [TS]

01:01:13   of this have you know I'm like you know [TS]

01:01:15   but selling my ancient cars like that i [TS]

01:01:18   got from my parents so there's no [TS]

01:01:20   financing on there i don't think i'm [TS]

01:01:22   going to do the same thing when i sell [TS]

01:01:23   my current 2002 civic type on I wanna [TS]

01:01:26   trade in but for all i know the deal is [TS]

01:01:28   going to save we don't want 2002 civic [TS]

01:01:30   is a piece of crap and then i'll have to [TS]

01:01:31   decide do I try to sell this private i [TS]

01:01:33   look up a blue book value of this car is [TS]

01:01:35   or try to get it you know one of those [TS]

01:01:37   one of those things like CarMax or [TS]

01:01:38   something we'll take the car but yeah I [TS]

01:01:40   just want that I just wanted to go away [TS]

01:01:42   and I'm hoping it's worth something too [TS]

01:01:44   but I just assume it's worth zero [TS]

01:01:46   dollars but I'm going you know i'm [TS]

01:01:47   applying replacing with a record i guess [TS]

01:01:50   and i'm assuming it does not contribute [TS]

01:01:54   anything to me buying that accord and if [TS]

01:01:56   it contributes a little bit then fine [TS]

01:01:57   piano I just don't want to hassle i [TS]

01:01:59   would love to just be able to trade it [TS]

01:02:00   in [TS]

01:02:00   yeah I don't blame you at all and [TS]

01:02:03   actually it's kind of speaking of my [TS]

01:02:04   recent car purchase i wanted to briefly [TS]

01:02:06   weigh in on the beginning of the talks [TS]

01:02:09   conversation about buying [TS]

01:02:11   and so you know i bought the subaru new [TS]

01:02:14   we bought my wife's monster new we [TS]

01:02:17   bought the BMW use we have financed and [TS]

01:02:20   not finance cars and I and I have to [TS]

01:02:23   tell you in my personal opinion the best [TS]

01:02:26   way to buy a car is lightly used and if [TS]

01:02:30   you have the money pay for outright and [TS]

01:02:32   the reason I say that is because [TS]

01:02:33   hopefully if it slightly used to have a [TS]

01:02:35   little bit little bit of warranty left [TS]

01:02:36   or perhaps depending on the car you may [TS]

01:02:38   even have a little bit of the [TS]

01:02:39   maintenance plan left and buying it [TS]

01:02:42   outright is extremely liberating because [TS]

01:02:44   then you never ever ever have a car [TS]

01:02:45   payment which is extremely extremely [TS]

01:02:47   cool in and I hope I don't sound [TS]

01:02:50   ridiculous when i say this because I [TS]

01:02:51   assure you that I have it is not an [TS]

01:02:54   often occurrence that I would pie a car [TS]

01:02:56   outright we are no more affluent than [TS]

01:03:00   anyone else our age but it you know if [TS]

01:03:03   you save and if you plan for it [TS]

01:03:05   I absolutely advocate for doing that if [TS]

01:03:08   possible or putting down a very healthy [TS]

01:03:10   down payment because then it just makes [TS]

01:03:14   your lips one less thing to stress about [TS]

01:03:16   and one of the reasons i don't like the [TS]

01:03:17   idea of leasing is that i really dislike [TS]

01:03:20   owing people money and I'm not saying [TS]

01:03:21   the market that you do but to me that's [TS]

01:03:23   just I owe somebody money and that that [TS]

01:03:25   that I don't like that you know I always [TS]

01:03:27   pay my credit cards off on time you know [TS]

01:03:29   the only outstanding loan we have right [TS]

01:03:31   now i believe is our is our mortgage and [TS]

01:03:34   I just I don't like the idea of owning [TS]

01:03:36   somebody and so I'm a little surprised [TS]

01:03:38   markets knowing you as well as I do that [TS]

01:03:40   you're the that that doesn't bother you [TS]

01:03:42   that way as well [TS]

01:03:43   well and normally having a debt over my [TS]

01:03:45   head does bother me i'm the same way I [TS]

01:03:47   right right that's like what [TS]

01:03:49   so I as a total of everything I run the [TS]

01:03:51   magazine my another this magazine for [TS]

01:03:54   nerds like us and every issue that comes [TS]

01:03:57   out i have to pay the writers that were [TS]

01:03:59   in it and one of the things i hate the [TS]

01:04:01   most is having to go to bed the night [TS]

01:04:03   after I published it without having paid [TS]

01:04:06   somebody because like I don't have their [TS]

01:04:08   address yet or some some problem like [TS]

01:04:10   that where like I can't pay you yet [TS]

01:04:12   because normally I try to pay everybody [TS]

01:04:14   immediately upon publication or even the [TS]

01:04:16   day before usually just because i want [TS]

01:04:18   this like this money is not mine it's [TS]

01:04:20   over my head like when I pay i pay [TS]

01:04:22   estimated taxes every month [TS]

01:04:24   the IRS even though you don't you'll [TS]

01:04:26   have to pay them every quarter [TS]

01:04:27   I pay them every month because to me [TS]

01:04:29   that money that's coming and coming that [TS]

01:04:30   month that's allocated for taxes that's [TS]

01:04:32   not my money [TS]

01:04:33   I don't like I don't want to be holding [TS]

01:04:34   on to it that you know right so like I [TS]

01:04:37   definitely do feel that about debts for [TS]

01:04:40   whatever reason maybe because of the way [TS]

01:04:42   it's structured I don't know for [TS]

01:04:43   whatever reason Elise doesn't feel like [TS]

01:04:45   a debt to me and I know technically it [TS]

01:04:47   is one but because like it's more like a [TS]

01:04:52   long rental it like it's you know like [TS]

01:04:55   could because the end of it is defined [TS]

01:04:57   so you know i'm not saying i'm buying [TS]

01:05:00   this car and then i'll sell it sometime [TS]

01:05:02   for whatever it's worth the end i'm [TS]

01:05:04   saying i'm going to have this car to do [TS]

01:05:07   mostly whatever I want to for this [TS]

01:05:10   period of time for this price spread [TS]

01:05:13   across monthly payments and and so it [TS]

01:05:17   doesn't really feel like a debt it feels [TS]

01:05:20   more like well like Ali like like an [TS]

01:05:23   apartment lease you know how like okay [TS]

01:05:24   I'm paying to have this thing for this [TS]

01:05:26   amount of time and and then at the end I [TS]

01:05:28   I don't get it anymore [TS]

01:05:30   like it's really just like a long rental [TS]

01:05:33   but and I against I know technically it [TS]

01:05:36   is probably considered that by most [TS]

01:05:38   measures but it just doesn't have that I [TS]

01:05:40   feel you guys just need to buy cheaper [TS]

01:05:42   cars because you know i don't i think we [TS]

01:05:45   did financing our cars but only because [TS]

01:05:47   the rates are so low but we could have [TS]

01:05:48   paid cash for like our first civic as we [TS]

01:05:51   had the money it was just like that but [TS]

01:05:52   the different the whatever the interest [TS]

01:05:56   rate on the loan just so incredibly [TS]

01:05:57   lower like well if we paid for it would [TS]

01:06:00   you know drain a lot of our savings down [TS]

01:06:03   so we'd rather just pay a small amount [TS]

01:06:05   of interest you know so that we don't [TS]

01:06:06   have any cash flow problems of some [TS]

01:06:08   urgency map we would have the money [TS]

01:06:09   liquid and ready to go you know what i [TS]

01:06:11   mean but yeah if you buy an expensive [TS]

01:06:15   cars is no reason you can't just pay [TS]

01:06:16   cash for them right and especially that [TS]

01:06:18   is and that is refreshing to just you [TS]

01:06:21   know to be free and clear when you bring [TS]

01:06:23   this thing home and not have to worry [TS]

01:06:25   about like you know if you're doing if [TS]

01:06:27   you're doing a budget to figure out what [TS]

01:06:28   you have to put out each month or [TS]

01:06:29   whatever you can just like set aside you [TS]

01:06:32   know that is the question of you would [TS]

01:06:35   you rather have another monthly payment [TS]

01:06:36   on top of your caramel the payments [TS]

01:06:38   and then like have to deal with the [TS]

01:06:39   interest that you're paying on that [TS]

01:06:40   would you rather just save for the 10 [TS]

01:06:42   years that you own your previous car and [TS]

01:06:44   then when it's dead [TS]

01:06:45   take that money that you save and buy [TS]

01:06:46   the new car right because I mean it's [TS]

01:06:48   cheaper to is cheaper to pay it out [TS]

01:06:50   right because you have to pay interest [TS]

01:06:51   on the loan and even when the interest [TS]

01:06:52   is low you know like . nine percent or [TS]

01:06:54   whatever it still adds up over the life [TS]

01:06:56   of the car so but for expensive cars [TS]

01:06:59   it's seen unless you're ridiculously [TS]

01:07:00   rich no one's club and although i think [TS]

01:07:03   i am the friend of mine who has a [TS]

01:07:05   hundred and something thousand-dollar [TS]

01:07:07   car i'm assuming he paid cash for [TS]

01:07:09   because he's to save like his whole life [TS]

01:07:10   for that car and then you know it [TS]

01:07:13   depends on your priorities right if [TS]

01:07:14   you're single and you just USA I have a [TS]

01:07:17   good job I've been working for many many [TS]

01:07:18   years and I've stay put all my money [TS]

01:07:20   aside to the supercar fund and then you [TS]

01:07:23   just come in and say oh here you go [TS]

01:07:25   paying cash yeah and actually i am no [TS]

01:07:28   financial planner analyst or anything [TS]

01:07:30   like that but one of the things that I [TS]

01:07:31   think was brilliant that we did was when [TS]

01:07:33   we did have two car loans after the [TS]

01:07:36   first one was done we immediately took [TS]

01:07:39   all of that money and just dumped into [TS]

01:07:41   the other car and we ended up paying off [TS]

01:07:43   but because we were already overpaying [TS]

01:07:45   on the first car and so we ended up [TS]

01:07:48   paying off both the cars considerably [TS]

01:07:50   earlier than then our loans required us [TS]

01:07:53   to and i will never forget i looked at [TS]

01:07:56   Aaron one day not too long after we had [TS]

01:07:58   finished the second car and I said or [TS]

01:08:00   cheese you know I'm gonna get a little [TS]

01:08:02   worried that I'm doing bills wrong [TS]

01:08:04   because i feel like we just have a [TS]

01:08:05   little bit more money laying around that [TS]

01:08:07   we ever used to and then it occurred to [TS]

01:08:08   me oh that's because we're not putting [TS]

01:08:10   whatever the number was like a thousand [TS]

01:08:12   dollars a month into these two darn car [TS]

01:08:14   loans and so I i would absolutely say if [TS]

01:08:18   you can buy it for you clear just like [TS]

01:08:19   John in you and I both said i would [TS]

01:08:21   absolutely do and the other thing I [TS]

01:08:22   wanted to bring up our order build on is [TS]

01:08:26   I'm very very very glad that we got one [TS]

01:08:29   new car each and if you have the money I [TS]

01:08:32   absolutely recommend it's pretty cool to [TS]

01:08:34   know nobody's ever screwed around with [TS]

01:08:36   your car before you now but that being [TS]

01:08:38   said I haven't got the BMW use knock on [TS]

01:08:42   glass because that's what my desk is [TS]

01:08:43   made of it I don't have a problem with [TS]

01:08:46   it hehe i don't have a problem with it [TS]

01:08:48   and I'm very glad [TS]

01:08:50   that we did get the BMW's because [TS]

01:08:53   candidly if i were to try to buy a 335 [TS]

01:08:56   new there's no way i could afford it so [TS]

01:08:59   and I think Marco use one of you guys i [TS]

01:09:01   thought was Marcus said something about [TS]

01:09:02   this is sure to go but it let me get [TS]

01:09:04   into a class of car that I may not have [TS]

01:09:06   otherwise been able to in the cars in [TS]

01:09:09   great shape and has a blemish here and [TS]

01:09:10   there and there's you know there's a [TS]

01:09:12   couple of minor cosmetic dings but that [TS]

01:09:14   would have anything to do with that [TS]

01:09:16   would happen even if I bought it new so [TS]

01:09:17   if you have the means yes absolutely by [TS]

01:09:19   new but I really really am glad that we [TS]

01:09:23   got the BMW used and I don't know that [TS]

01:09:25   I'll ever buy a new car again unless I'm [TS]

01:09:27   just Scrooge McDuck style swimming [TS]

01:09:29   through money [TS]

01:09:30   well I hear there's a lot of money and [TS]

01:09:31   podcast see all really because I haven't [TS]

01:09:34   seen anything like this happen all [TS]

01:09:36   kidding aside I meet it [TS]

01:09:38   it's cool if you can do it i'm glad i'm [TS]

01:09:39   very glad that both Aaron and I [TS]

01:09:41   especially on because she had always [TS]

01:09:42   drug driven really old cars [TS]

01:09:44   I'm glad that we both got the chance to [TS]

01:09:45   get anyone's but i would absolutely say [TS]

01:09:48   if you find something you like used [TS]

01:09:50   especially if it's a little bit better [TS]

01:09:51   than what you would be able to afford [TS]

01:09:53   new do it [TS]

01:09:54   I don't have any regrets yet and like [TS]

01:09:58   the one is another good example because [TS]

01:09:59   that you just like you mentioned you [TS]

01:10:00   bought used in and well I mean maybe [TS]

01:10:03   that's a little different because it's [TS]

01:10:03   impossible to find you like you would [TS]

01:10:05   say well but also you haven't had any [TS]

01:10:07   issues that's true however first of all [TS]

01:10:09   it's still very young the car is only [TS]

01:10:11   about a year old [TS]

01:10:12   that's true and but the thing is with [TS]

01:10:15   that car because it's both you know both [TS]

01:10:18   aii own it [TS]

01:10:19   I'm not leasing it so i have to consider [TS]

01:10:21   a resale value of fluctuations and be [TS]

01:10:24   because it's like this collectible rare [TS]

01:10:27   car i am really scared about damage in [TS]

01:10:30   that car like i have a level of paranoia [TS]

01:10:32   and nervousness about that I really [TS]

01:10:34   didn't think i would have and like I'm [TS]

01:10:39   very very scared of damage I i'm so [TS]

01:10:40   paranoid and like up you know i'll take [TS]

01:10:44   out my 328 in any conditions at you know [TS]

01:10:47   as long as it's safe to drive at all [TS]

01:10:49   i'll take it out [TS]

01:10:50   whereas the one hand i'm like me you [TS]

01:10:52   know it's it's raining slightly hey [TS]

01:10:54   don't or like you know they're I i'm [TS]

01:10:57   driving to someplace where there might [TS]

01:10:58   be a pebble on the road like i'm i'm i'm [TS]

01:11:01   so paranoid about that i'm i'm not able [TS]

01:11:03   to enjoy this [TS]

01:11:04   only as I probably should that's why i [TS]

01:11:07   like when it came time to decide what my [TS]

01:11:09   next car was with the m5 I didn't even [TS]

01:11:11   consider buying it or financing it i [TS]

01:11:15   didn't even consider that i said i will [TS]

01:11:17   i will only get an m5 if I can lease it [TS]

01:11:19   because i don't want the stress of that [TS]

01:11:22   your daughter is going to be paranoid [TS]

01:11:24   driving that thing around exactly but [TS]

01:11:26   it's so some for some reason the one [TS]

01:11:28   hand was like oh I don't want to drive [TS]

01:11:29   or repeal the m5 guys just like an [TS]

01:11:31   everyday car [TS]

01:11:32   well because because it's gonna be my [TS]

01:11:34   everyday lease that I mean I i know this [TS]

01:11:36   is ridiculous i was going to say an m5 [TS]

01:11:38   right I'll be nervous for the first [TS]

01:11:40   month until I get the first stuff on it [TS]

01:11:42   somewhere and then and then I won't [TS]

01:11:44   worry about it because it's elise like [TS]

01:11:45   that's the beauty of leasing I would [TS]

01:11:47   never in a million years feel [TS]

01:11:50   comfortable buying this m5 and having [TS]

01:11:52   that having that like hanging over me as [TS]

01:11:55   this thing I have to make sure i don't [TS]

01:11:56   cause much damage to it if you're [TS]

01:11:58   missing out with the leasing is like [TS]

01:11:59   having that decade long relationship [TS]

01:12:01   with the car work becomes kind of like a [TS]

01:12:03   family member and like you kind of you [TS]

01:12:05   know you can't break it in and you know [TS]

01:12:08   that that that's a fun thing to do and [TS]

01:12:11   it [TS]

01:12:11   I don't know if m5's are geared towards [TS]

01:12:14   that because they made that they may end [TS]

01:12:16   up being a little finicky and kind of [TS]

01:12:18   temperamental and not the kind of car [TS]

01:12:20   that you break-in over the course of a [TS]

01:12:24   decade or so but who knows maybe they [TS]

01:12:25   are but you'll never get a chance to [TS]

01:12:26   find out because three years it will be [TS]

01:12:28   out your door [TS]

01:12:29   yeah i'm just i'm not that sentimental [TS]

01:12:30   about about getting to know one car for [TS]

01:12:32   a while [TS]

01:12:33   well you've never committed to a [TS]

01:12:34   relationship with the car haha the same [TS]

01:12:37   thing is you're you're right though John [TS]

01:12:39   because I mean as much as I bead on the [TS]

01:12:41   subaru I'm gonna I'm gonna be sad when [TS]

01:12:43   it goes i haven't driven it since I've [TS]

01:12:44   been driven it like twice since I've [TS]

01:12:46   gotten the BMW but I'm still gonna miss [TS]

01:12:49   you my old weird when my own weird way [TS]

01:12:51   when it's gone like I saw it like I told [TS]

01:12:53   you earlier i didn't even have the see [TS]

01:12:54   that long it wasn't a family for like [TS]

01:12:55   five years but I personally didn't own [TS]

01:12:57   it for that long and I still to this day [TS]

01:12:59   miss that car and Aaron before she had [TS]

01:13:02   her purse before she got her [TS]

01:13:04   mazda she had a 1991 dodge spirit which [TS]

01:13:08   probably cost $13 rolling off the [TS]

01:13:10   showroom floor and in its defense that [TS]

01:13:13   little [TS]

01:13:14   bastard started every single time even [TS]

01:13:16   if we hadn't touched it for months but [TS]

01:13:18   she cried when that car left not [TS]

01:13:21   actually was a little bit said even [TS]

01:13:22   though I hated that piece of crap I get [TS]

01:13:25   it you're right on it just becomes [TS]

01:13:26   becomes part of the family and and you [TS]

01:13:28   don't really get that with Elise which [TS]

01:13:31   isn't necessarily bad but you are kind [TS]

01:13:33   of missing out on your own little way [TS]

01:13:34   well I'm I'm missing out on that but i'm [TS]

01:13:37   also missing out on all the downside of [TS]

01:13:39   all that you know the the other you [TS]

01:13:41   already there at the as as John said [TS]

01:13:44   earlier the car lottery of you know is [TS]

01:13:45   this is this one going to be a lemon [TS]

01:13:46   like it and it's going to require one [TS]

01:13:48   more maintenance than it should like [TS]

01:13:50   once again these are all perfect analogy [TS]

01:13:52   to children you know or pets pets is a [TS]

01:13:56   another one because you know the pets [TS]

01:13:58   are gonna die before you so it's like [TS]

01:14:01   well like what do I get am I going to [TS]

01:14:02   get is this is just all gonna have some [TS]

01:14:04   weird disease and that eventually it's [TS]

01:14:06   gonna die that's going to be sad and you [TS]

01:14:09   never know like but you still do it [TS]

01:14:11   because you know that the relationship [TS]

01:14:13   is worth it so I think eventually Marco [TS]

01:14:15   you should settle down with a nice car [TS]

01:14:17   for the long haul [TS]

01:14:19   well in fact one of the this is gonna [TS]

01:14:21   sound ridiculous now but you know with [TS]

01:14:24   328i least it I I was not able to afford [TS]

01:14:29   it with a whole lot of headroom at the [TS]

01:14:31   time and and so I i keep down some of [TS]

01:14:35   the options i didn't get the I driving [TS]

01:14:36   at 335 like that there's a few i didn't [TS]

01:14:39   get the Xenon's like there's a few [TS]

01:14:40   things that I didn't get on it and you [TS]

01:14:43   mean all the things I told you to get [TS]

01:14:45   the end I regret yes okay yes and so [TS]

01:14:49   they're like so when the idea came up [TS]

01:14:53   about a year ago okay well I guess [TS]

01:14:54   you're thinking maybe what I want to do [TS]

01:14:56   next when this lease is over I did [TS]

01:14:58   consider is buying it but I immediately [TS]

01:15:00   ruled that out because like if i'm going [TS]

01:15:02   to buy a car [TS]

01:15:03   I'm not gonna buy this car like i'll buy [TS]

01:15:06   one that's fully to have so one thing I [TS]

01:15:07   did with the m5 is I equipped it such [TS]

01:15:10   that I'd be happy buying it if it came [TS]

01:15:12   down to that so I i'll just see it when [TS]

01:15:15   you have at least you have that option [TS]

01:15:17   unless you have an ev1 but otherwise you [TS]

01:15:19   have that option and you know you can [TS]

01:15:21   just you can live with it for three [TS]

01:15:23   years and then decide okay do I want [TS]

01:15:26   some more time with this car [TS]

01:15:27   or not and and that I think again it's [TS]

01:15:30   it's the flexibility you have with the [TS]

01:15:32   least you know you don't have the [TS]

01:15:33   flexibility in in mileage or some of the [TS]

01:15:37   things you can do it but you have [TS]

01:15:39   tremendous flexibility in you know you [TS]

01:15:43   want to own this car for 43 years and [TS]

01:15:46   then just a site decide then what you [TS]

01:15:47   want to do with no financial risk really [TS]

01:15:50   involved we'll see what happens that I'm [TS]

01:15:55   i'm curious to see what what the first [TS]

01:15:58   week of ownership is like and then what [TS]

01:16:01   it's like once it gets off the boat and [TS]

01:16:02   it's totally not leasing a puppy just [TS]

01:16:06   like it that there are all their risks [TS]

01:16:08   and you never know what you're going to [TS]

01:16:10   get and it's probably going to have a [TS]

01:16:11   sad ending but the time you have it you [TS]

01:16:14   know you want to have that long-term [TS]

01:16:15   relationship you know I just keep [TS]

01:16:17   returning the puppy every three years [TS]