TransAtlanticEx:
I'm sure you know the Mark Zuckerberg you guys always make reference to owns a pagani sha,and we all know what it's worth.
Also about the C320 and the lexus,yes the lexus will outrun the C320 with both having 220 as their speedo limit.
What you measure in cars is acceleration,not top speed.
Which will get yo a higher speed first,that's how you know which car can outrun the other.
Also,I don't know about the so called "fake boys" because I'm not one,neither do I roll with them nor live in a selfcon so i wouldn't know.
But my point is simple,if the so called rich man wasn't trying to make a statement,then why buy a luxury car in the first place?
It just shows they want luxury and the lustre that comes with it but somehow cant afford proper luxury.
And also,I don't see people in Onitsha as rich,neither do I think they are sane.
It cost so little to develop all those their poorly finished tall houses you see littered obosi up until nkpor(we have a lot so I know) and the rental value of those too are very shitty,so I don't expect people that own those to have enough disposable income,reason why they all live like pigs.
It's one thing to have cash flow(their usual trading businesses),and it's another thing entirely to have disposable income,I hope you know the difference.
One single 4 storey building in GRA PH can be worth 10 of those shabby things in Onitsha and can produce 10 times their rental income,so who do you think will be able to buy better cars?

TransAtlanticEx:
I'm sure you know the Mark Zuckerberg you guys always make reference to owns a pagani sha,and we all know what it's worth.
Also about the C320 and the lexus,yes the lexus will outrun the C320 with both having 220 as their speedo limit.
What you measure in cars is acceleration,not top speed.
Which will get yo a higher speed first,that's how you know which car can outrun the other.
Also,I don't know about the so called "fake boys" because I'm not one,neither do I roll with them nor live in a selfcon so i wouldn't know.
But my point is simple,if the so called rich man wasn't trying to make a statement,then why buy a luxury car in the first place?
It just shows they want luxury and the lustre that comes with it but somehow cant afford proper luxury.
And also,I don't see people in Onitsha as rich,neither do I think they are sane.
It cost so little to develop all those their poorly finished tall houses you see littered obosi up until nkpor(we have a lot so I know) and the rental value of those too are very shitty,so I don't expect people that own those to have enough disposable income,reason why they all live like pigs.
It's one thing to have cash flow(their usual trading businesses),and it's another thing entirely to have disposable income,I hope you know the difference.
One single 4 storey building in GRA PH can be worth 10 of those shabby things in Onitsha and can produce 10 times their rental income,so who do you think will be able to buy better cars?

IkpuMmadu:


I am not here to compare building in GRA PH or Onitsha .. or if they live like pigs or goats don't get it twisted

Dude what I am telling you is that if you are a salary man and you are driving a 2018 car and living in a rented apartment... Trust me I no respect that

I would admire and respect that man that drives a 2002 C class and has company, paying staffs salaries and has his own apartment... That is who I would respect

I no be small babe way car dey trip... Even big babes are not moved by cars they are moved by content in the man.. take this from me...

Some of us have driven cars here , I mean many cars and have come to see the other side of life

It's not a matter of debate it's just a personal opinion and I respect yours also

Peace .... Make I do other stuffs bro..

IkpuMmadu:
I didn't respond... I just refered the guy to youtube to get a review and see what the real users of the SUV said... Some people that have used the car reviewed it there and here. I believe that and I will take them serious not naysayers as you tightly said

From what I saw in that youtube. 85% of the users of that ML 320 4matic were happy with their suv some said they are. Not willing to sell while others love 350

IkpuMmadu:
Simple physics .. that was why I used the term equilibrium constant or all things being equal

A lamborghini that is traveling at 180km/h and a Kia picanto travelling at 180km/h are the same ...they are travelling at the same speed and reach the same destination same time ...all things being equal

It's just simple physics...just like saying 10kg bag of stone and 10kg bag of cotton woods ...weigh basically same...it's as simple as that . Physics

You keep saying disposable income ..do you know that there is even nothing like that. Every money has a motive and not disposable. .unless you throw the money away....

So ...to you bro, you may love 2021 models of car...that is you and I respect that

To Me, I love startups and business expansion and I prefer a car that is well oiled ..(maibtaned) I talk from experience

I have had friends that at a point in life they had great cars...like 3 cars parked in garage...channging cars up and down to impress society and women...today , theey ask for recharge cards ! Used their money on cars, women and booze

So , I don't personally need to experience that to learn that....I learnt from them...and why go crazy on new models when if you drive out from thee showroom when you buy a car...it has depreciated 30% that day....

Cars ain't stuff that freak me personally !

TransAtlanticEx:
Dangote is driven in brand new landcruisers.What are you talking about?
Oga old cars are trash,make we no dey use because of poverty(low purchasing power+lack of credit) dey talk gibberish.
It's better to buy a brand new Toyota rush than a 10 year old mercedes.

drhappy:
I'm a tad busy but lemme quickly say a word or two concerning your warped views sir.
Your saying Dangote is driven in a new Land cruiser goes further to corroborate my stand that those who have the real money don't bother to show off wealth. Or do you think the man cannot afford the Cullinan Rolls?
Secondly, your position on purchasing power + lack of credit makes me laugh. I should buy a car that could be snatched, totalled or outrightly destroyed by a minor spark on credit simply because of the fleeting smell of new nylon and rubber? You prolly don't live in naija else you would have been conversant with the stress of insurance paperworks and hidden clauses which might end up translating to less than the amount you got the car in the first place.
I appreciate and recognise your right to use your money whichever way you deem fit since you appear to be of the "now now" generation but I take exception to your saying old cars are trash. I know many accomplished(not only in monetary terms) peeps using old cars without stress and that's something I can easily relate with. I will advise you look for those who know their onions when it comes to automobiles on Nairaland and research into what they power for better insight.
Cars mean different things to different people which made me personalise my initial post on this discourse.

drhappy:
I'm a tad busy but lemme quickly say a word or two concerning your warped views sir.
Your saying Dangote is driven in a new Land cruiser goes further to corroborate my stand that those who have the real money don't bother to show off wealth. Or do you think the man cannot afford the Cullinan Rolls? Regular peeps driving new Toyotas full town na.
Secondly, your position on purchasing power + lack of credit makes me laugh. I should buy a car that could be snatched, totalled or outrightly destroyed by a minor spark on credit simply because of the fleeting smell of new nylon and rubber? You prolly don't live in naija else you would have been conversant with the stress of insurance paperworks and hidden clauses which might end up translating to less than the amount you got the car in the first place.
I appreciate and recognise your right to use your money whichever way you deem fit since you appear to be of the "now now" generation but I take exception to your saying old cars are trash. I know many accomplished(not only in monetary terms) peeps using old cars without stress and that's something I can easily relate with. I will advise you look for those who know their onions when it comes to automobiles on Nairaland and research into what they power for better insight.
Cars mean different things to different people which made me personalise my initial post on this discourse.

IkpuMmadu:


Having been to a couple of nations and one thing I noticed about blacks and Africans is that we love showmanahip... Once a car comes out, you go to dealership, trade the other one then impress your fellow black Folks with the car not impressing them with your strides or intellectual sagacity... This is the black culture in europe and usa

Now we as Nigerians have copied that mentality, we say this car is old and that car is old, let's take the C Class benz of 2003 model, to some folks they would say it's old but in Germany and Austria even UAE, They still drive that ride well maintained...

That C class has 6 airbags (2 dashboard and 4 at the doors ) some 2020 cars don't even have the number of those airbags , full 4matic

With ESP, BAS , ETS and all those safety features in that C Class most 2018 cars don't have them apart from basic ABS

Now people would look at the C class as old without asking how does it handles , drives, corners and the 0 - 60 km ...

No the average black Nigerian would say he is driving a 2003 benz while I am driving a 2015 Camry without asking what and why ?

You see that is black folks mentality and it has to do with rap culture carry over ... As you age in life , maybe in 40s you will realize that you don't need to start changing cars everyday... That is if you are legit... You start planning for your retirement

In 30s or late 20s you are mad about models and age in cars... We understand, it is their age ( if you look at those guys theey fall into that age bracket ) new moneys

If your in late teens and early 20s, you will be mad about phones, every year you change phones to impress and you are mad about Gucci, Versace, givenchy , prada etc

Now if you are in your 50s and getting matured you are thinking about holiday homes, investments, kids graduation etc

So at a point don't blame them in a way... It's their age but most of them carry this mentality to late 40s and at the end of the day 50s would be a life of regret

So , when I see them talk here on nairaland and social media... I just laugh and move on... I learnt this from wise old men that are living comfortably

I will not want to say in my late 40s and 50s that I drove so so so and so cars and I drove 10 cars

I would want to say, I am happy for the life lived and I am staying in my home and can travel for vacation anywhere I wannt .... People rarely impress me with the model of cars but how it is well maintained.

I would value a citroen 1985 model (vintage ) to 2018 model of Honda... The 1985 model would turn heads

That's how I want to roll in future... Driving clean vintage cars

Midoda:

8 Airbags(2 dash,4 doors and 2 rear frames)

Kewtt:

The W163 Facelift version is far better than the prefacelift series. The W164 has some known issues but very sound.

Aaaaarghmed:
make we no dey debate endlessley,life is about choice,if u like old cars ,buy it no problem,doesnt mean that old cars are thrash,if you like new models.buy am,no problem.everybody knows what he or she likes.me personally am not a car freak,as far as car has good handling,great ac,stability and good shocks,even if na 1950 model i go buy am.buying an old car doesnt make you look poor,nobody knows ur bank account,its just choice.i have a younger cousin who has 20 bikes working for him making returns every sunday,he bought each bike 200k.he doesnt even have a bike he uses talkless of a car,na trek he dey trek.lets respect pple choices and stop seeing everything as poor man thing.

drhappy:
I'm a tad busy but lemme quickly say a word or two concerning your warped views sir.
Your saying Dangote is driven in a new Land cruiser goes further to corroborate my stand that those who have the real money don't bother to show off wealth. Or do you think the man cannot afford the Cullinan Rolls? Regular peeps driving new Toyotas full town na.
Secondly, your position on purchasing power + lack of credit makes me laugh. I should buy a car that could be snatched, totalled or outrightly destroyed by a minor spark on credit simply because of the fleeting smell of new nylon and rubber? You prolly don't live in naija else you would have been conversant with the stress of insurance paperworks and hidden clauses which might end up translating to less than the amount you got the car in the first place.
I appreciate and recognise your right to use your money whichever way you deem fit since you appear to be of the "now now" generation but I take exception to your saying old cars are trash. I know many accomplished(not only in monetary terms) peeps using old cars without stress and that's something I can easily relate with. I will advise you look for those who know their onions when it comes to automobiles on Nairaland and research into what they power for better insight.
Cars mean different things to different people which made me personalise my initial post on this discourse.

IkpuMmadu:
oh I see... Well, there is no perfect car bro... Can you please educate us on the known issues... We are here to learn

Nice observation I must say

TransAtlanticEx:
I am the last person you might want to explain physics to,I did applied physics and Engineering in school.
What you said was,if 2 cars(merc and 2021 lexus) have 220kph on their speedo,you didn't insert the right parameters to make them appear side by side for your point to fly.
2 cars can be doing 220kph but one is ahead of the other,that is why I brought up acceleration because if say both cars are limited to 220kph ,its very clear that the lambo would attain 220kph first and stay there and in essence will be ahead of the Kia that will take longer time to get to 220kph.
And my man, disposable income is not a myth.
If your business can be run optimally with 100m and you've got 120m,it means 20m is disposable,know that.
Because if you do that business with 120m,it won't suddenly increase earning because you put more capital,as a matter of fact you are actually wasting the time value of that 20m.
It is called satiety in economics.
Learn bro,learn...
And yes,cars could be an investment too,to get you into places you never would have gotten into and attract you better women.
A female COO in a good company with repute won't go on a date with you in your 2002 C class,all this Onitsha theories sef.
Big babes indeed.

Kewtt:

Basically all heavenlybang said.

dwilliams:


I dont know about the Acura

IkpuMmadu:


Bro with all due respect you really have a lot to learn...

So if I have 120 m and my business can run optimally with 100m... So 20m is disposable income according to your own definition... I run my own firm and I can't remember the last time I earned salary bro

Let me break this down, to a good manager... That 20 million isn't disposable income sir! That 20 million can be put into a sinking fund (a fund that a company keeps in the case of eventualities ) that is what a CEO does ...

No money in business organisation can be called disposable ... It is either that fund is in sinking fund or money for expansion or diversification.... because no business wants to stay stagnant! So diversification and expansion has always been the core of every busineess


Don't worry, when you start running your own firm you will grow to understand these stuff... Trust me

There is nothing like disposable income... Every penny, cent , Kobo has what is meant for ... If it's money to buy a car , it would be captured in busineess inventory, projections and budgets

Personal luxury cars are not a good investment no company does that because of whaat is called in accounts depreciation...if you buy a car 10 million now...once you drive out of the showroom, the price of that car has removed or yanked off by 30% that same day!

You can't sell that car 11 million ever...highest you can sell it is 7 million ..I mean a car you bought that same day !

In accounts it's called depreciation

TransAtlanticEx:
Oga,your business Is just too little to have disposable income,that's why you think disposable income as a business don't exist.
Why then do proper businesses(not shanties in onitsha) buy luxury cars for their execs since disposable income don't exist?they could have bought corolla for them na and keep the change in their emergency fund,don't you think?
Maybe they are stupid and you in a pigsty is just smarter than people that built multimillion dollar corporations,right?
Do you know what optimally means?It contains both cash at bank for the business,inventory ,assets and liabilities.
So why would you talk about expansion again when you've already been told the business is running optimally at 100m?
Why do you think dangote invested in refinery instead rather than keep pumping money on cement?
No matter what you inject,when a business has hit satiety,any other capital pumped into it is futile as income won't change,so it's useless.
You are wasting that money instead.
Oga you are driving old cars because you are just poor,stop wasting my afternoon giving me useless excuses in the name of priorities.
You think the people that bought the new S class don't have country homes or aren't looking into their retirement?
So they used all their funds to buy the car abi?
Nna na wa ooo

IkpuMmadu:


Having been to a couple of nations and one thing I noticed about blacks and Africans is that we love showmanahip... Once a car comes out, you go to dealership, trade the other one then impress your fellow black Folks with the car not impressing them with your strides or intellectual sagacity... This is the black culture in europe and usa

Now we as Nigerians have copied that mentality, we say this car is old and that car is old, let's take the C Class benz of 2003 model, to some folks they would say it's old but in Germany and Austria even UAE, They still drive that ride well maintained...

That C class has 6 airbags (2 dashboard and 4 at the doors ) some 2020 cars don't even have the number of those airbags , full 4matic

With ESP, BAS , ETS and all those safety features in that C Class most 2018 cars don't have them apart from basic ABS

Now people would look at the C class as old without asking how does it handles , drives, corners and the 0 - 60 km ...

No the average black Nigerian would say he is driving a 2003 benz while I am driving a 2015 Camry without asking what and why ?

You see that is black folks mentality and it has to do with rap culture carry over ... As you age in life , maybe in 40s you will realize that you don't need to start changing cars everyday... That is if you are legit... You start planning for your retirement

In 30s or late 20s you are mad about models and age in cars... We understand, it is their age ( if you look at those guys theey fall into that age bracket ) new moneys

If your in late teens and early 20s, you will be mad about phones, every year you change phones to impress and you are mad about Gucci, Versace, givenchy , prada etc

Now if you are in your 50s and getting matured you are thinking about holiday homes, investments, kids graduation etc

So at a point don't blame them in a way... It's their age but most of them carry this mentality to late 40s and at the end of the day 50s would be a life of regret

So , when I see them talk here on nairaland and social media... I just laugh and move on... I learnt this from wise old men that are living comfortably

I will not want to say in my late 40s and 50s that I drove so so so and so cars and I drove 10 cars

I would want to say, I am happy for the life lived and I am staying in my home and can travel for vacation anywhere I wannt .... People rarely impress me with the model of cars but how it is well maintained.

I would value a citroen 1985 model (vintage ) to 2018 model of Honda... The 1985 model would turn heads

That's how I want to roll in future... Driving clean vintage cars

Anisiobi2:
thanks so much to all the gurus here and your advice am highly impressed is better to have an old car well maintained and save for future than to change to latest cars but no investment

IkpuMmadu:


Yes sir... That is my take and the take of many smart folks... Buying a recent car or brand new car is good when it is factor of production such as logistics, transportation business , staff transport and office car... Now the car has evolved to factors of production and means to production ..

If you are a man that is still struggling and earning less than 25m annually why use 10 m to buy a GL 450 2017 model when you can still buy same GL 450 OF 2010 MODEL for less... It's basically same brand , same prestige different model and trust me few people know the differences.i don't even know the differences in 2005 and 2007 C Class to me they look alike it's only people that are deep into cars do know like dealers and mechanics ...trust me 80% of folks don't know

Why impress folks...if you are married,if your wife is okay with the car and you have focus on life,you don't go channging cars every year until you arrive ...you can't be a tenant or a salaried man channging cars yearly...I have seen folks in premium tears when the chips are down ....

Read this article by CNBC one of the best global finance network...they did a research on this https://www.google.com/amp/s/www.cnbc.com/amp/2019/11/04/follow-this-simple-rule-for-car-buying-if-you-want-to-get-rich-says-millionaire-money-expert.html

But it's an individual thing, I have seen folks that are crazy about car models, I have seen folks that are crazy about phones (they can buy phones worth of 1 million) I have seen folks that are crazy about women ...so it all depends on individuals

But as they say common sense ain't common after all...there is a time when one can buy decent and recent car ...it all depends on the priority....here is Nigeria we don't do trade off or lease so the economy doesn't support that ..even in USA that they do...many of them do that in credit (meaning they are in debt for a long time ) that is what it is ...why not use that for mortgage payment ?

Though, age factors are there...younger boys would love to impress folks and also what one does for a living

My take is simple...whatever car you have , make sure you get it well maintained...

shortgun:


Brother Rest pls, you have tried
This thread have always been like this.
Most people here who disagrees with you only do so for you to say more...they just want to get more of your knowledge and experience.

I know of one who always will say "Benz cars are money pits and overhyped piece of junks"
His posts here will always discourage people from anything Benz.....he even has a signature on his handle that humiliates the Benz brand.

Ordinarily, one will think that a person like that will never have anything to do with any Benz vehicle....but today the same character owns a Mercedes Benz, a model he will tag as "old Benz" and he is very proud of it
Proud enough to show off on this forum.


Not as if they don't know all you post are facts, they just want you to say more, they want to learn more and tap from your experience

dannybrasky:


Same year for sure,as much as I love Mercedes,no doubt the Acura MDX interior of same year gives the benz a run for her money on this one. Good finish,simply (ELEGANT).

banky3w:
These Benz people no get brain I swear. This thread used to be very informative and unbiased in the past but na Benz clown remain as it seems the real Benz users have moved on!

radautoworks:


Shhhh they'll hear you!!

radautoworks:


You too

Kewtt:

You quoted an iddiottic statement

radautoworks:


Meh

Real Meh!

radautoworks:


Meh