Why is it when i see a nice german car

The one thing I will always say is that very few Asians, IMO, ever finance there cars.
Unless it does make financial sense, eg business purposes or something along those lines

In my experience a lot of Asian family's encourage their kids to not move out of their parents houses, instead money is pooled together and one *flash car is purchased and then shared amongst the whole family, with each claiming it is their own. When you see the 18 year old Asian kid drive to school once every week or so with his 3 younger siblings in a *flash BMW and everyone wonders how he can afford it, its very often because its a family car.

*Flash car in the eyes of the general public, think 3 year old BMW 320 SE
 
What's wrong with your parents giving you money? ...I don't think you should ask for it or expect it, but if they offer to help you out with something, like a car or a house purchase ...I don't see the problem there.

It's the attitude that comes with it that's the problem. People with nice things shouldn't feel bad about owning nice things, but if it was handed to you on a plate and your bragging and trying to be a big shot because of your car that your parents purchased for you while you are a scrub, its pathetic, and you can spot people like that a mile away because they are normally grossly over compensating.
 
What's wrong with your parents giving you money? ...I don't think you should ask for it or expect it, but if they offer to help you out with something, like a car or a house purchase ...I don't see the problem there.

Absolutely, thats what parents are for, to give your kids the best possible jump start in life they can have.
 
I personally don't like the idea of my parents bank rolling me or my ideas, certainly when it comes to cars.

Another guy I know (He's Asian too) wants a new car, but can't get one because his daddy said no, he has to stick with what he's got for another year because daddy's money bankrolled it. I absoultely hate the thought of somebody (other than insurance companies) controlling my choice of cars, it just doesn't fly well with me.

I know that if I received £10,000 to spend on a car what I'd like to spend it on would be vastly different to what my mum and dad perhaps would prefer I'd be pottering about in.

My parents can (and do) voice all the concern that they want about the cars that I buy, but at the end of the day I'm free to buy them because it's my money. I might not have much, but I've worked hard for the cars that I have had and I've chosen and wanted each and every one of them. As a result I'd like to think that a I look after them a lot better than I would if I had my parent's wallets to fall back on. I stack my car tomorrow and It's my pocket that is going to be seriously hurting. Going by what I see in young guys, those who don't really have to worry about the financial ramifications of an accident seem to drive like knobs.

Then again, one of my parents is hardly loaded and the other has money but is properly tight, so my chances of getting a generous handout is slim. I'd still like to think that I wouldn't take one if it were offered to me.
 
anecdotal story, was in texaco garage and a BMWM3 new ish type shape rocks up. asian owner. ford focus next to it: white dude.

also at work guy had a subaru limited edition sky blue model that he pooled and shared with his brother. now has traded in and owns some kind of audi 4x4. he's asian.

So where do 18-21 year olds get £30k for a car then?

ill too go for the drugs and scams answer here. seriously.
 
What's wrong with your parents giving you money? ...I don't think you should ask for it or expect it, but if they offer to help you out with something, like a car or a house purchase ...I don't see the problem there.

I think I should have probably expanded a little. There's nothing wrong with parents helping the kids out. My parents have bought me my first car, paid for my insurance and are paying for my uni and accomadation aswell. What I was shocked at with that guy was he is 28, lives at home, both his parents work in a factory so are not rolling in it, yet he still thought it was perefectly fine to ask for 15k to buy himself a performance car. I think that's shameful, but everyones different. If his parents were well off then ofcourse, I wouldn't be at all shocked.
 
One thing in regards to Young asians and nice cars and parental money!

We generally still have a fairly tight family setup, we still on the whole look after our parents till they die, the whole stick old folks into a home scenario doesnt enter our mindset. So this means parents are happy to dish out the cash as it kinda secures their future when the rainy days come. Of course some young asians do take advantage of this.
 
ill too go for the drugs and scams answer here. seriously.

Lol, so rather than assume the car is financed or people have rich parents you'd rather think that the majority of these cars are being financed by illegal activities.

Guess it's no surprise, given your post history.
 
I think I should have probably expanded a little. There's nothing wrong with parents helping the kids out. My parents have bought me my first car, paid for my insurance and are paying for my uni and accomadation aswell. What I was shocked at with that guy was he is 28, lives at home, both his parents work in a factory so are not rolling in it, yet he still thought it was perefectly fine to ask for 15k to buy himself a performance car. I think that's shameful, but everyones different. If his parents were well off then ofcourse, I wouldn't be at all shocked.

Yea in the particular context you mention here I would tend to agree with you, although however old he may be and wherever he works ...I would guess you don't 'really' know his situation and the true context of it right? ...unless he has told you, in which case I would reserve judgement and mind my own business.

Why were you gobsmacked?

I thought that, you see old ladies in old Caddies with more capacity than that running around Florida :p (sod all power but lots of capacity!)
 
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One thing in regards to Young asians and nice cars and parental money!

We generally still have a fairly tight family setup, we still on the whole look after our parents till they die, the whole stick old folks into a home scenario doesnt enter our mindset. So this means parents are happy to dish out the cash as it kinda secures their future when the rainy days come. Of course some young asians do take advantage of this.

Good point Sol, a lot of people here are failing to acknowledge that indian/pakistani parents are pretty much supported by their kids when they reach old/retirement age. The family unit is stronger than it is in normal western culture so where some people are disgusted with sharing of resources it is completely normal.

For example it is interesting that Joshy says that one parent is broke whilst the other is comfortable, unless they are seperated, that equation doesn't make sense.

Successful parents, regardless of colour will mostly always support their kids as much as they can even to the point of buying their first house or inheriting businesses.
 
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