This is a hypothetical question.
 
If hypothetically speaking, You came across $90,000 in cash would you buy a nice expensive car or would you use it as a down payment for a house? The full balance MUST be used on either a car or a house.
 
If you HAD to spend it on a car, Which one would it be?
 
1) Car or house
2) Which car if you HAD to choose a car for $90,000?
 
You should answer both questions just for the heck of it :)!
 
Edit: I'll be back later tonight to read the responses, I'm leaving for Tijuana to pick something up ;)!

Use it for a house. That way you'd have a better chance of not completely loosing your butt on resale down the road. But if for a vehicle, I'd love to have The Hennessy VelociRaptor 800 twin turbo. Here's the 600 horse version. The 800 horse kit costs $55k on top of the truck. But I work at a Ford dealer, so I get employee pricing on the truck
 

A house...
 
I guess if I had to spend 90 grand on a car it would be a Benz...  Maybe a 500SL or the G-Wagon...  or something of the sort...  It would have to be a used b/c you cant get either of those for $90,000.
 
I'm sure you know this, but with the exception of specific classic cars, there is no worse place to put your money than a car.  They are just depreciating assets...  You will more than likely make money on a house as long as you do the due diligence required to make a good decision.
 
I can never bring myself to spend more than $30,000 on a car...  I just can't mentally or financially justify it.  Cars are generally a waste of money.
 
 

House for sure. Unimog.

House - thats a no brainer. When you purchase a car. The MOMENT it is registered to you... it loses at least 10% value because it is now USED. Even if you dont drive it. House... now that can gain value over time.
 
Now, if I had to get a car. Nissan GTR (I would pay the rest of the cost)

Personally I would just go straight up half n half but you leave me no choice!
I could have a fully loaded car out the door with about half left on a house down payment. 
 
But if all 90k, to a house. Almost 1/3-1/4 of typical large house paid off already, I'm sure the monthly could come down to something more reasonable.
 
But if it were me, I go snag a car(~45k), pay off the debts(which isn't all that much) and place the rest into my savings.

You can get a VERY solid used vehicle for under $15,000 if you have cash and you don't have to finance it. With cash, you have a lot more power to talk down a seller for price on a vehicle. I couldn't bring my self to drop $90,000 on a vehicle off a car lot. I would definitely find something I liked and dump a bunch of money into upgrades and put back like $5000 for a decent used economy car to get you around while you have your car in the shop. I'm curious what the insurance premiums would be on something like a Corvette Z06 and someone in their 20's... I assume it's probably the amount of some peoples car payments every month, but it doesn't go towards anything.
 
Really, that's living in the clouds with money that should be put into a house that is actually a investment... A car is a means of transportation, don't make it into a status symbol, it's such a waste of money.
 
 

Down payment on house.
 
For me, it would pay off my house and be enough to buy a new car. 

house, no doubt about it unless you have millions of dollars sitting around your bank account then buy a very nice and expensive car.
 
for me, that 90k money will be divided based on my needs and priorities. (how i wish i could have that kind of amount right now lol)

Holo

RainStrykeYou can get a VERY solid used vehicle for under $15,000 if you have cash and you don't have to finance it. With cash, you have a lot more power to talk down a seller for price on a vehicle. I couldn't bring my self to drop $90,000 on a vehicle off a car lot. I would definitely find something I liked and dump a bunch of money into upgrades and put back like $5000 for a decent used economy car to get you around while you have your car in the shop. I'm curious what the insurance premiums would be on something like a Corvette Z06 and someone in their 20's... I assume it's probably the amount of some peoples car payments every month, but it doesn't go towards anything. Really, that's living in the clouds with money that should be put into a house that is actually a investment... A car is a means of transportation, don't make it into a status symbol, it's such a waste of money.  

Some of us don't want to drive 15k cars, those cars are ridiculously crappy and old. When someone considers upwards of 40k on a car, they don't look for something solid, but rather for something specific to certain features they want, speed, luxury, head turner, etc.

You sound like a car salesman trying to get some commission lol

direraptor22
If I had $90K to spend I'd pay off my debts

 
                   

I would not spend 90k on a car, I would maybe get a clone of that car like the 1967 Mustang Shelby GT 500 clone at around 30-35k.  The rest of the money would go towards paying bills, maybe a down payment for a house. But for now my Frank is good enough esp when he is butt-raping many a cars at the 40-90k mark, paid 11k for him and put just under that turning him into a monster=) He has already been given a couple sponsorships as well.

RainStryke

Holo

RainStrykeYou can get a VERY solid used vehicle for under $15,000 if you have cash and you don't have to finance it. With cash, you have a lot more power to talk down a seller for price on a vehicle. I couldn't bring my self to drop $90,000 on a vehicle off a car lot. I would definitely find something I liked and dump a bunch of money into upgrades and put back like $5000 for a decent used economy car to get you around while you have your car in the shop. I'm curious what the insurance premiums would be on something like a Corvette Z06 and someone in their 20's... I assume it's probably the amount of some peoples car payments every month, but it doesn't go towards anything. Really, that's living in the clouds with money that should be put into a house that is actually a investment... A car is a means of transportation, don't make it into a status symbol, it's such a waste of money.  

Some of us don't want to drive 15k cars, those cars are ridiculously crappy and old. When someone considers upwards of 40k on a car, they don't look for something solid, but rather for something specific to certain features they want, speed, luxury, head turner, etc.

You sound like a car salesman trying to get some commission lol

When I paid 30k for my Z i didn't look for a "solid" car, I looked for speed, performance, and feeling of a sports car. Never did practicality cross my mind nor that solidness you speak of. I've had close family friends make car purchases up there in cash, and once you reach a certain threshold you literally start looking for other things. I hate carsalesmen btw.

Not counting land, I could build a dern nice house for 90K, screw payments/mortgage/car payments!
 
And no, I dont have cash to buy a 20-30K car, even if I did, I wouldnt spend 30K on a car......

your young so definitely don't just spend it would be good to have put up if you ever decide to get married it would be a awesome start