Chronic Car Buyers Anonymous

nyccarguy

kyfdx said:

stickguy said:

And once you are are old and have the tax deferred money piled up not much you can do but start taking it out early and paying taxes on money you don’t need, hoping the tax rates will be lower than if you wait and take it out later.

I can tell you five ways that doing Roth conversions in the gap time between retirement and RMDs would save you a ton of money. You might even be able to avoid IRMAA increases for a couple of years, extra. You think rich people got that way by not worrying about taxes? Why do you think they donate to politicians?

Why go to Costco, when you have the money to buy groceries at Whole Foods?

Or buy purchasing multiple Porsches? LOL!

jmonroe1

explorerx4 said:

I just watched that video, too. The truck owner got the deal unwound.

————————————————
How? With or without a gun?

jmonroe

oldfarmer50

Sandman6472 said:

Get to deal with RMD's in about three years which should be interesting. I hear there's a formula that is used so one takes out the proper amount each year going forward. Then, one needs to figure out the taxes owed on these payouts as they've never been paid yet. Hope by then we'll be in a lower tax bracket to minimize the amount owed. Hoping to be not working anymore by then!

Fidelity, which manages the plan for Enterprise will contact you and tell you what you need to withdraw each year. You can also find RMD calculators on line. It’s not that much, a few hundred for every $10k you have in the account. I’ve started taking a few thousand out each year and at the rate the company hands us money I’ll never take it all.

jmonroe1

stickguy said:

And once you are are old and have the tax deferred money piled up not much you can do but start taking it out early and paying taxes on money you don’t need, hoping the tax rates will be lower than if you wait and take it out later.

————————————————
Yeah, I hated that when it happened to me.

jmonroe

oldfarmer50

“ I have many millions of dollars in my tax deferred accounts ”

That’s why you are my newest bestest friend.🤣

oldfarmer50

qbrozen said:

Boy, I am all over the place. Cayenne, Edge/MKX, F-pace, Levante, Charger … I’m probably forgetting some. Basically just looking at anything quick, can tow, and can be had for somewhere in the teens with under 80k miles (preferably less).

One thing I keep checking myself with is “have I owned the brand before?” Although I know I really shouldn’t let that drive me, it kind of does. I mean, the opportunity to add to the list can’t be ignored. So that leaves just Porsche or Jag.

BTW, a seeming bargain that keeps popping up is a late-model Cayenne S Hybrid. But of course the popular opinion is “stay away due to battery replacement.”

You could get started by selling the Silverado to stickguy. It should have plenty of life left and after all your repairs he can stop worrying about buying a rust bucket.

qbrozen

I have to admit this is pretty.
https://www.autoshowus.com/details-2017-lincoln-mkx-reserve_awd-used-2lmpj8lp4hbl54245.html

Yes, I know about the carfax dings. Most likely has had the front bumper painted. It is priced aggressively, though. Should be a $20k car. Although they may be one of those dealers who piles on fees. ANYWAY, I like the car.

corvette

@qbrozen - It's pretty. I'd take a look in person and go from there. It's a bit odd that the Ford dealer where it was traded didn't want to frontline it, but that might not be because of the damage/accident history. Goodyear Eagle tires - yuck!

tjc78

@qbrozen said:
I have to admit this is pretty.
https://www.autoshowus.com/details-2017-lincoln-mkx-reserve_awd-used-2lmpj8lp4hbl54245.html

Yes, I know about the carfax dings. Most likely has had the front bumper painted. It is priced aggressively, though. Should be a $20k car. Although they may be one of those dealers who piles on fees. ANYWAY, I like the car.

That is a nice one. Great interior.

corvette

Paging @roadburner:
https://www.youtube.com/watch?v=YXZcd1nAph4

roadburner

corvette said:

Paging @roadburner:
https://www.youtube.com/watch?v=YXZcd1nAph4

I'm definitely interested in a test drive, but I have some concerns about the longevity of a 2 liter motor boosted to 469 hp. It may be a moot point, as AMG is apparently bringing back the V8. That said, I'm still happy with the 3.0 liter V6 in my C43. It makes all the right noises, is reasonably quick, and returns decent fuel economy.

stickguy

4,800 pounds for a compact sports sedan. That’s hefty.

oldfarmer50

qbrozen said:

I have to admit this is pretty.
https://www.autoshowus.com/details-2017-lincoln-mkx-reserve_awd-used-2lmpj8lp4hbl54245.html

Yes, I know about the carfax dings. Most likely has had the front bumper painted. It is priced aggressively, though. Should be a $20k car. Although they may be one of those dealers who piles on fees. ANYWAY, I like the car.

How much can it tow?

qbrozen

oldfarmer50 said:

qbrozen said:

I have to admit this is pretty.
https://www.autoshowus.com/details-2017-lincoln-mkx-reserve_awd-used-2lmpj8lp4hbl54245.html

Yes, I know about the carfax dings. Most likely has had the front bumper painted. It is priced aggressively, though. Should be a $20k car. Although they may be one of those dealers who piles on fees. ANYWAY, I like the car.

How much can it tow?

I can get a 4500-lb bar for it.

But, regardless, it is a no go. At least that one. I was on the hook but the dealer shook the line too much and I let go.

"What are your fees and add-ons?"
"Hi, this is Jerry. When can you come in?"
"What are your fees and add-ons?"
"I'll have a manager call you."
"I don't do calls. Your manager can email me with the fees and add-ons."
"Hi, this is Carlos. When can you come in?"
"What are your fees and add-ons?"
"When you come in, we can sit down and discuss and see what works for you."
"No, thank you. I don't waste my time with people who play games."

corvette

@qbrozen - I'd take the time to leave them the reviews they earned.

stickguy

in the specs connected to the ad it said 2,000# tow capacity.

stickguy

I think my wife might be buying into the new car idea. Probably because we are both feeling old these days. We had Wheel of fortune on (as I said, we are old...) and the contestant won a mini cooper. Turned out to be a bright yellow convertible. I pointed it out and she said that looked cute. Just wondered if it was too low. Minis at least are not usually too bad like that.

qbrozen

stickguy said:

in the specs connected to the ad it said 2,000# tow capacity.

don't believe everything you read.
You know how they do these things. If it didn't come from the factory with the tow package, it magically can't pull a load anymore. US lawyers wreck everything for us.

explorerx4

I can't understand why someone would pick a FWD based vehicle to tow.
Factory tow packages usually include extra cooler(s) among other features.
Not my money.

qbrozen

I reached out about a Macan. Probably better off that the auto response was "we got your message, but we want to text you, so click here and enter your phone number." No thanks.

corvette

TBF, I got the Ariya via text message. If they started harassing me, I would have just blocked them.

corvette

nyccarguy said:

Clearly, they were inspired by Clarkson:
https://www.youtube.com/watch?app=desktop&v=R8vlNbk0Yww

jmonroe1

qbrozen said:

oldfarmer50 said:

qbrozen said:

I have to admit this is pretty.
https://www.autoshowus.com/details-2017-lincoln-mkx-reserve_awd-used-2lmpj8lp4hbl54245.html

Yes, I know about the carfax dings. Most likely has had the front bumper painted. It is priced aggressively, though. Should be a $20k car. Although they may be one of those dealers who piles on fees. ANYWAY, I like the car.

How much can it tow?

I can get a 4500-lb bar for it.

But, regardless, it is a no go. At least that one. I was on the hook but the dealer shook the line too much and I let go.

"What are your fees and add-ons?"
"Hi, this is Jerry. When can you come in?"
"What are your fees and add-ons?"
"I'll have a manager call you."
"I don't do calls. Your manager can email me with the fees and add-ons."
"Hi, this is Carlos. When can you come in?"
"What are your fees and add-ons?"
"When you come in, we can sit down and discuss and see what works for you."
"No, thank you. I don't waste my time with people who play games."

————————————————
We’re in the new millennium but that’s as old school as you can get. Probably had a 4 square sheet in his desk drawer too.

jmonroe

oldfarmer50

qbrozen said:

oldfarmer50 said:

qbrozen said:

I have to admit this is pretty.
https://www.autoshowus.com/details-2017-lincoln-mkx-reserve_awd-used-2lmpj8lp4hbl54245.html

Yes, I know about the carfax dings. Most likely has had the front bumper painted. It is priced aggressively, though. Should be a $20k car. Although they may be one of those dealers who piles on fees. ANYWAY, I like the car.

How much can it tow?

I can get a 4500-lb bar for it.

But, regardless, it is a no go. At least that one. I was on the hook but the dealer shook the line too much and I let go.

"What are your fees and add-ons?"
"Hi, this is Jerry. When can you come in?"
"What are your fees and add-ons?"
"I'll have a manager call you."
"I don't do calls. Your manager can email me with the fees and add-ons."
"Hi, this is Carlos. When can you come in?"
"What are your fees and add-ons?"
"When you come in, we can sit down and discuss and see what works for you."
"No, thank you. I don't waste my time with people who play games."

They must deal exclusively with lay downs.😢

explorerx4

Not sure if anyone watches the Delivrd YT channel, but that happens a lot.

qbrozen

@jmonroe1 said:
————————————————
We’re in the new millennium but that’s as old school as you can get. Probably had a 4 square sheet in his desk drawer too.

jmonroe

Yup. If you can’t evolve, you die off. Places like this are barely hanging on and will soon be gone.

corvette

qbrozen said:

Yup. If you can’t evolve, you die off. Places like this are barely hanging on and will soon be gone.

We can only hope. Can't come a moment too soon.

imidazol97

RMDs: fidelity will calculate amt and let you make withdrawals applying toward the required amount. They'll remind you with a letter at beginning of year. All of them will tell you that you can put off taking first rmd withdrawal till April 15 of next year, but note that means you have to take two withdrawals that delay year. Both taxable.
Watch out for IRMAA.

Also any Ira can be used for withdrawals for total required of your several Ira accts. But you can't mix withdrawals from ira's and 401k accts.

tjc78

Beater Car -

Poll:
2003+ Panther platform or
Buick Regal/Lesabre/Lucerne with the non-supercharged 3800

I saw this beauty and realized it was a Northstar…

https://www.facebook.com/share/19xLu6knkt/?mibextid=wwXIfr

This is clean too.

https://www.facebook.com/share/15yFfJGocv/?mibextid=wwXIfr

stickguy

For me, none of the above.

For you, whichever one you can find that is the cleanest and the best deal.

If I had to pick, get a used cop car police interceptor crown Vic.

qbrozen

@tjc78 said:
Beater Car -

Poll:
2003+ Panther platform or
Buick Regal/Lesabre/Lucerne with the non-supercharged 3800

I saw this beauty and realized it was a Northstar…

https://www.facebook.com/share/19xLu6knkt/?mibextid=wwXIfr

This is clean too.

https://www.facebook.com/share/15yFfJGocv/?mibextid=wwXIfr

Do you need it for snow, too? At least with FWD, you can get away with all-seasons. RWD would be tougher without dedicated winter tires. Obviously you CAN do it. Just something to consider.

stickguy

Down there snowing really not a factor.

Michaell

tjc78 said:

Beater Car -

Poll:

2003+ Panther platform or

Buick Regal/Lesabre/Lucerne with the non-supercharged 3800

I saw this beauty and realized it was a Northstar…

https://www.facebook.com/share/19xLu6knkt/?mibextid=wwXIfr

This is clean too.

https://www.facebook.com/share/15yFfJGocv/?mibextid=wwXIfr

81K vs. 178K?

Seems like a pretty easy decision, to me.

tjc78

@qbrozen said:

@tjc78 said:
Beater Car -

Poll:
2003+ Panther platform or
Buick Regal/Lesabre/Lucerne with the non-supercharged 3800

I saw this beauty and realized it was a Northstar…

https://www.facebook.com/share/19xLu6knkt/?mibextid=wwXIfr

This is clean too.

https://www.facebook.com/share/15yFfJGocv/?mibextid=wwXIfr

Do you need it for snow, too? At least with FWD, you can get away with all-seasons. RWD would be tougher without dedicated winter tires. Obviously you CAN do it. Just something to consider.

Not too worried about as weather because at this point if it’s crappy I’m gonna WFH. I’ll still have a truck or SUV too

tjc78

@Michaell said:
81K vs. 178K?

Seems like a pretty easy decision, to me.

I only posted the Lucerne because it was so nice … but wouldn’t touch a Northstar with a 10’ poll

If it was a 3800 I’d be tempted.

I think any of the GM variants with the 3800 or a Panther make good beaters. They are pretty cheap to fix and tough to kill. For some reason the Buicks always seem to be the best kept when looking

As @stickguy said probably just find the best deal.

stickguy

You need to have old farmer use his Florida retiree pipeline to find you a nice low miles grand marquis creampuff. Complete with the full Florida package of padded roof and gold trim. You can be styling

explorerx4

4 ventiports or whatever they are called per side means a V8.

tjc78

@explorerx4 said:
4 ventiports or whatever they are called per side means a V8.

Yep! Every decent Lucerne I’ve seen has been a V8. I’d honestly think it would be the opposite considering how bad the Northstar is.

tjc78

@stickguy said:
You need to have old farmer use his Florida retiree pipeline to find you a nice low miles grand marquis creampuff. Complete with the full Florida package of padded roof and gold trim. You can be styling

lol as if there aren’t plenty of those up here.

I just want something to keep some miles of the new cars and avoid them getting too messed up.

This commute is not great. I almost got creamed two different times this week by idiots racing and passing on the shoulder

jmonroe1

tjc78 said:

Beater Car -

Poll:

2003+ Panther platform or

Buick Regal/Lesabre/Lucerne with the non-supercharged 3800

I saw this beauty and realized it was a Northstar…

https://www.facebook.com/share/19xLu6knkt/?mibextid=wwXIfr

This is clean too.

https://www.facebook.com/share/15yFfJGocv/?mibextid=wwXIfr

————————————————
Personally, I don’t want either one. Especially a miled up Lincoln unless you have a low mileage spare engine lying around somewhere.

jmonroe

xwesx

tjc78 said:

Beater Car -

I saw this beauty and realized it was a Northstar…

https://www.facebook.com/share/19xLu6knkt/?mibextid=wwXIfr

Wow. That Lucerne was posted 41 weeks ago... *probably* not still available. However, I see that it has temp tags on it in the photos, which makes me wonder if the person just bought it (42 weeks ago?) and found some sort of major issue that they're trying to pawn off on someone else. All told, the car looks really good as far as beaters or teen cars go.

I think the TLC is the better option of the two, but I've never been too concerned with miles - it is the history that matters.

kyfdx

Just came back from Florida. A lot of flood cars after the hurricane, last year.

laurasdada

And, for some, the RMD age becomes 75 in 2033.
Well, until Elon changes his mind.

jmonroe1

laurasdada said:

And, for some, the RMD age becomes 75 in 2033.
Well, until Elon changes his mind.

————————————————
I wouldn’t worry too much, he’ll be fired well before that.

jmonroe

explorerx4

Some interesting stuff at this dealer in Denver.
Pick your brand and scroll through.
https://www.europeanautohausco.com/

This what caught my eye.
https://www.youtube.com/watch?v=63mw2jTFRsw&t=1114s

oldfarmer50

tjc78 said:

Beater Car -

Poll:

2003+ Panther platform or

Buick Regal/Lesabre/Lucerne with the non-supercharged 3800

I saw this beauty and realized it was a Northstar…

https://www.facebook.com/share/19xLu6knkt/?mibextid=wwXIfr

This is clean too.

https://www.facebook.com/share/15yFfJGocv/?mibextid=wwXIfr

tjc78 said:

@Michaell said:

81K vs. 178K?

Seems like a pretty easy decision, to me.

I only posted the Lucerne because it was so nice … but wouldn’t touch a Northstar with a 10’ poll

If it was a 3800 I’d be tempted.

I think any of the GM variants with the 3800 or a Panther make good beaters. They are pretty cheap to fix and tough to kill. For some reason the Buicks always seem to be the best kept when looking

As @stickguy said probably just find the best deal.

Are you sure it’s a Northstar? The ad says it’s the CX trim level. That came with the 3800 V6 The Northstar was standard only on the CXL trim level. Something’s off. Maybe that’s why it’s been listed for 41 weeks. Wouldn’t be the first time some old guy forgot or got snowed into believing he had a V8.

explorerx4

Ad heading for the Buick says CXL.

corvette

oldfarmer50 said:

Are you sure it’s a Northstar? The ad says it’s the CX trim level. That came with the 3800 V6 The Northstar was standard only on the CXL trim level. Something’s off. Maybe that’s why it’s been listed for 41 weeks. Wouldn’t be the first time some old guy forgot or got snowed into believing he had a V8.

Okay, you made me do some digging. Found a brochure. The car that was posted says "CX" on the ad and on the decklid, but it has leather (looks like factory, but not factory available on the CX), and a touch screen (available but would have been rare on a base trim). I can't place the wheels. The parking sensors were also optional. Given the four portals, I think it is likely to be a higher trim Northstar, but can't explain the badge, unless it was hit and repaired.

I do love a dark red Buick sedan, though, several members of my family had various Park Avenues in that color.

corvette

explorerx4 said:

Some interesting stuff at this dealer in Denver.
Pick your brand and scroll through.

I vote for @breld to buy the following fleet and start his own YouTube hooptie channel (disclaimer, none of these citations are checked):
The LOWEST MILEAGE manual Gen1 Focus in the entire country
The LOWEST MILEAGE 2006 RX400h in the entire country
Gen1 ML55 AMG
Nissan Puke
Hooptie WRX one or two
XC90 V8

explorerx4

@corvette,
I'm glad you clicked on the link for that dealer and found it worth scrolling through.