Where is all the money coming from for all the nice cars?

One More Toy

Is it just me or is there a tonne of nice cars doing the rounds at the moment?

I'm talking porsche, teslas, BMW M5s

I even passed a lamborghini the last day

Maybe it's just because I'm living on the south side of Dublin

What kind of jobs do these people have? Don't they have bills and kids to rear?

US2

Not that you have to be that rich to drive any of these cars, but there is around 77,000 millionaire's in Ireland, what do all those people work at, do they have kids?

gammygils

Crime

cml387

It's PCP

Buy now, worry later. It'll all end i tears I can tell you. Oh it will.

Skylinehead

Teslas aren't that expensive.

Don't see many M5s, the odd Porsche in Castleknock maybe.

So yes, it's because you're on the south side :pac:

One More Toy

Skylinehead wrote: »

Teslas aren't that expensive.

Don't see many M5s, the odd Porsche in Castleknock maybe.

So yes, it's because you're on the south side :pac:

Still it begs the question, what kind of jobs are these people working?

201 M5 parked up outside as we speak!

More and more teslas (in recent enough Reg year wise) and more and more chargers outside people's houses I notice

Goose76

Ridiculous PCP plans

One More Toy

Goose76 wrote: »

Ridiculous PCP plans

Even for higher end cars?

cml387

One More Toy wrote: »

Even for higher end cars?

Of course.
Most profit for car manufacturers these days comes from their finance arm.

Turn up with a fistful of cash and they would laugh at you,unless your name was Vicious Mc Nasty the Drug Dealer.

Skylinehead

One More Toy wrote: »

Still it begs the question, what kind of jobs are these people working?

201 M5 parked up outside as we speak!

More and more teslas (in recent enough Reg year wise) and more and more chargers outside people's houses I notice

Multinationals, banks, solicitor firms.

Tesla Model 3s cost the same as a 3 series, so they're not on the same level of an M5 or any Porsche.

Your Face

They all cancelled Netflix.

SafeSurfer

There were more Range Rover sports than VW Passats sold last in the UK.

One More Toy

Skylinehead wrote: »

Multinationals, banks, solicitor firms.

Tesla Model 3s cost the same as a 3 series, so they're not on the same level of an M5 or any Porsche.

It's the model S I'm seeing mostly

One More Toy

One More Toy wrote: »

I even passed a lamborghini the last day

Slow down, you lunatic!

NIMAN

In the old days the BMW was the 'posh' car.

Now the likes of BMW, Audi etc are common as muck, and the new BMW is the massive Range Rover.

touts

One More Toy wrote: »

Is it just me or is there a tonne of nice cars doing the rounds at the moment?

I'm talking porsche, teslas, BMW M5s

I even passed a lamborghini the last day

Maybe it's just because I'm living on the south side of Dublin

What kind of jobs do these people have? Don't they have bills and kids to rear?

That's the Dublin First policy if the government. Massive money was poured into Dublin in the hope of kick-starting the economy across the nation but it failed. Now not everyone in Dublin became rich but some, particularly those with the right school tie and party card in their wallet made serious money under Fine Gael and look likely to continue under this coalition. Come outside the M50. There is hardly a 201 car to be seen let along Teslas or Lamborghinis.

MrMusician18

Never mind luxury cars, I'm wondering what people do to too afford houses in south Dublin. A couple's combined salary of 100k will only get them a 350k mortgage.

I know that most be some with the salary to buy these properties - but these salaries seem to be well into the high end. So much so that you wouldn't think there was a large market, but the churn would suggest that there is.

One More Toy

[Deleted User] wrote: »

Slow down, you lunatic!

In fairness I was on my motorbike and we were stopped at the lights... I took great pleasure in getting off the line quicker than him!

MrMusician18

MrMusician18 wrote: »

Never mind luxury cars, I'm wondering what people do to too afford houses in south Dublin. A couple's combined salary of 100k will only get them a 350k mortgage.

The people you're talking about employ couples earning 100k combined.

theteal

SafeSurfer wrote: »

There were more Range Rover sports than VW Passats sold last in the UK.

Yup, service centres all over are creaming themselves, plenty of future work in the pipeline.

MrMusician18

[Deleted User] wrote: »

The people you're talking about employ couples earning 100k combined.

I presume you mean each? I know these couples exist, but it must be a tiny pool of buyers, yet they're is constant churn in €600-700k family homes

Strumms

Skylinehead wrote: »

Teslas aren't that expensive.

Don't see many M5s, the odd Porsche in Castleknock maybe.

So yes, it's because you're on the south side :pac:

List price for a model S before add ons or upgrades is 84,990 for the ‘long range’ specification and 101,000 for the ‘performance’ model.

https://www.tesla.com/en_ie/models/design#battery

Seeing a lot more porches then I’m used to seeing, I have a neighbor who is a collector and owns 3 himself. A 171 and two older models a 12 and I forget the other, maybe 08.. About once a month or six weeks I’m seeing a Tesla... keep bumping into the same one out Howth direction... nice car.

Ubbquittious

They're getting them all in before the recesh. Next year will be like 2009

Skylinehead

Strumms wrote: »

List price for a model S before add ons or upgrades is 84,990 for the ‘long range’ specification and 101,000 for the ‘performance’ model.

https://www.tesla.com/en_ie/models/design#battery

Seeing a lot more porches then I’m used to seeing, I have a neighbor who is a collector and owns 3 himself. A 171 and two older models a 12 and I forget the other, maybe 08.. About once a month or six weeks I’m seeing a Tesla... keep bumping into the same one out Howth direction... nice car.

Model 3 starts at 50k, and think about how many 3 series and A4s you see on the road.

Claw Hammer

MrMusician18 wrote: »

I presume you mean each? I know these couples exist, but it must be a tiny pool of buyers, yet they're is constant churn in €600-700k family homes

I think you got that wrong. That is not the earnings of the people driving the cars it is the earnings of the staff they employ. The 600 K or 700 K houses are mostly bought by people using a combination of, the equity in their existing house, inheritance money and the mortgage. They rarely bought by first time buyers.

Ubbquittious

Skylinehead wrote: »

Model 3 starts at 50k, and think about how many 3 series and A4s you see on the road.

Why do people buy the Audi? If u look under the bonnet of the equivalent Skoda you'd be sickened you dropped the extra 10-20k for the Audi

Claw Hammer

Ubbquittious wrote: »

Why do people buy the Audi?

People don't want the stigma of driving a Skoda.

D3V!L

I live in North County Dublin and there are a lot of Teslas around here all of a sudden. Used to be a case of you may see one a week , now they're two a penny.

Claw Hammer

Claw Hammer wrote: »

People don't want the stigma of driving a Skoda.

Doesn't exist anymore really, outside a vague memory. Considered a fine car now.

I think a lot of Audi/BMW look wretched, very conservative. And I drive an audi... although, there's no such thing as a Skoka TT.

JohnnyFlash

I rented a Tesla when I was in the States last year. Goes like the clappers, but has a terribly cheap interior. Wouldn’t buy one myself.

Strumms

Skylinehead wrote: »

Model 3 starts at 50k, and think about how many 3 series and A4s you see on the road.

Just seeing it yes. Nice looking car from the outside but the interior is very underwhelming, looks like you are driving a Starbucks. Disappointing really. Compared to the S certainly.

D3V!L

JohnnyFlash wrote: »

I rented a Tesla when I was in the States last year. Goes like the clappers, but has a terribly cheap interior. Wouldn’t buy one myself.

A 202D one sat in front of us in traffic the other day. We were able to look down on the boot from the cabin of our Bentley Mulsanne and thought it was awfully put together. There were really bad shut lines in the boot and you could see some of the trim on the back window was proud of the body work around it. Also there was water in the rear lamps !!

One More Toy

Are the model S 7 seater or am imagining?

Atlantic Dawn

I don't really see the problem, if someone wants to spend whatever they want let them at it, worst that can happen is car is resposessed and next person gets it at a bargain.

Montage of Feck

Your Face wrote: »

They all cancelled Netflix.

Just think what you could buy if you cancelled sky.

Skylinehead

Ubbquittious wrote: »

Why do people buy the Audi? If u look under the bonnet of the equivalent Skoda you'd be sickened you dropped the extra 10-20k for the Audi

You think people buy cars, diesel cars no less, for what's under the bonnet? They don't care, for the most part. Chape tax and chape fuel.

Mad_maxx

I'm not generally a huge fan of VAG but I do like audi, beit A6 or Q7 ,awesome sight roaring past

For Forks Sake

touts wrote: »

That's the Dublin First policy if the government. Massive money was poured into Dublin in the hope of kick-starting the economy across the nation but it failed. Now not everyone in Dublin became rich but some, particularly those with the right school tie and party card in their wallet made serious money under Fine Gael and look likely to continue under this coalition. Come outside the M50. There is hardly a 201 car to be seen let along Teslas or Lamborghinis.

Apart from the 33046 cars registered in 201 in counties that aren't Dublin :rolleyes:

Carl D

Would say alot are on finance, only bad thing is stuck with the car for 5 years until pay it off.
I get bored after awhile .
Alot of people just buy for the year of the car . I normally buy cars that keep there value.

Looking at an old mini copper always at the moment wanted one for ages just something to have on the side for bit of fun .

One More Toy

Saw a porsche today with a personalised number plate of '911'

Atlantic Dawn

One More Toy wrote: »

Saw a porsche today with a personalised number plate of '911'

One way to spend €1,000 I suppose...

https://www.citizensinformation.ie/en/travel_and_recreation/vehicle_standards/vehicle_registration_numbers.html

One More Toy

Atlantic Dawn wrote: »

One way to spend €1,000 I suppose...

https://www.citizensinformation.ie/en/travel_and_recreation/vehicle_standards/vehicle_registration_numbers.html

Didn't it used to be a lot cheaper?

Atlantic Dawn

One More Toy wrote: »

Didn't it used to be a lot cheaper?

Yes I think £250 back in the day. If they lowered it back down they would get more takers, there's a bit of admin involved but current pricing discourages it.

s1ippy

Yeah but inflation, and only pricks do it.

Atlantic Dawn

s1ippy wrote: »

Yeah but inflation, and only pricks do it.

They could go €5000 and let people put their names on 202-D-DAVE.

RandomViewer

Ubbquittious wrote: »

Why do people buy the Audi? If u look under the bonnet of the equivalent Skoda you'd be sickened you dropped the extra 10-20k for the Audi

Skoda still associated with grey communist regime, same as Seat is considered as well built as a Benidorm timeshshare,

Wibbs

Skylinehead wrote: »

You think people buy cars, diesel cars no less, for what's under the bonnet? They don't care, for the most part. Chape tax and chape fuel.

+1. Under the bonnet is far less in play these days, even among car enthusiasts. Look at youtube reviews of new cars and unlike in the past you almost never see an under bonnet engine shot any more. Then again engine bays these days are mostly a sea of plastic covers and little in the way of the actual oily bits to be seen. Plus cars are far more reliable/covered under warranty than in the past so fewer people need to open the bonnet to have a look or do maintenance(and you can check your oil from the dash. I prefer a metal stick, it won't fail). The 1980's of a weekend in suburbia was often a salute of open bonnets with dad's fiddling around. While being a pain in the neck that also tended to have people more invested in their cars. These days they're much more a "white good" item and for the vast majority that's what they wanted and always wanted.

Wibbs

Funny enough, I've yet to meet a mechanic who liked Audis. Not since the 90's anyway. The usual stuff I hear is nice cars when new, though soft and money pits when they age. I dunno how true that is mind you as such opinions tend to be infectious.

ChikiChiki

The everlasting cycle of Debt that is PCP. I'd be interested to know the % of people that make the balloon payment at the end to own the car outright or enter into another 3 years, I'd wager its less than 25%.

On the lookout for a new car myself at the minute, a new A4 on PCP is tempting and within my budget at 400 a month but I know deep down once the novelty wears off it would crush my soul forking out that 2 years down the line. 2nd hand in the UK in cash is what I'll do.

Skylinehead

Wibbs wrote: »

Funny enough, I've yet to meet a mechanic who liked Audis. Not since the 90's anyway. The usual stuff I hear is nice cars when new, though soft and money pits when they age. I dunno how true that is mind you as such opinions tend to be infectious.

Well that's just German luxury marques as a whole. Grand until the warranty expires.

Top chief

Hi looking at buying a vehicle up the north, just wondering where can I check how much to change over?

Going to trade mine in with cash