If suddenly you had enough money to buy your dream car, would you buy it, or invest your money wisely?

If you had just enough money to purchase your dream car, would you spend it all on this car or would you invest the money and wait until you had more than enough money to purchase it and many other luxuries in life?

A car is an ephemeral thing. A dream today, a pain in the rear end tomarrow. At least if it is a dream, the dream is for ever.

I would not waste my money on one. I would invest it, hopefully wisely.

Invest it and buy a good second hand car as cars depreciate so much when you drive them off the lot. Plus your insurance rates will be higher with a new luxury dream car.

With that dream car would come other costs that would need to be addressed - insurance, tags, taxes and maintenance. If I couldn't maintain the car myself, I would go to a used vehicle. All cars lose their value as soon as you drive it off the dealer's lot - so your dream car should always be a used vehicle. That will afford you the other things that go with it.

I currently have enough in my savings account to buy a great country cottage in the country. I am not looking around for that cottage because I know that the purchase of the cottage is only the start of other costs associated with it - like property care, maintenance of the cottage, insurance, taxes, heating and cooling issues. The better solution is to invest in CDs, mutual funds and bonds. The longer you keep your money in these secure locations, the more it will grow. The idea is to have twice the amount you need so you can comfortably buy that dream cottage, the dream car, the dream vacation - whatever - and still have the same amount left over for the unexpected costs down the road.

Never, ever blow your whole wad in one place at one time.

i love cars, usually get a different one every few years, but spending alot of money on a car is really the worst way to ever spend money, i would love to have a car like a viper or hummer, but the only way i would ever buy one is if i won millions and millions of dollars, like ten million so i could blow 75k on a car and it wouldnt mean alot, but to spend that on a car is downright stupid if i dont have a nice paid off house and fully funded retirement

I look at a car as a thing to get me from point A to point B.
If my car breaks down at B , I always have road service to get me back home.

Invest my money wisely or run a small business.
Car has depreciation value.

The Answer is Passive Income... without it the car is pointless, so get Passive Income and then you can buy the car with that. Never spend money on anything other than Assets unless you already have Assets which can pay for the item. Check out http://www.flashadd.com I think it pretty much is a nice site for newbies to Passive Income concepts.

If you have only enough money, I would suggest invest your money wisely. Car is a liability itself unless it help you generate income out of it. Many people has earn just enough or less for their living for covering the car expenses. Just the insurance and road tax would enough to make you suffocated.

I would invest the money!!

Cars depreciate in value!