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Addicted To Buying Cars
Posted: February 7, 2006, 1:06 AM


Posts: 1
Joined: February 7, 2006



No.. I have none of the usual addictions, such as Drugs, Alcohol, Gambling etc, I have a terrible habbit of buying cars, I have had about 40 cars since the age of 15, I am currently 27.
I keep getting myself in more and more debt, I buy a car I think I like, then 6 months later trade it in when I still owe money on it and do a negative finance loan (ie, I'll trade in the current car to get $6500 off next one, but still owe $10000 for example), for some reason I become dis-satisified with the car I have and want another one, I currently have a Subaru Impreza WRX, but now I want a BMW, there is nothing wrong with my car, but I always end up wanted another one, I only bought it 6 Months ago, I still owe $18000 on it (thanks to Negative equity finance) but would only get $9000 trade in, so I would end up paying $9000 on top of the next car, yet somehow I am still tempted.
I end up paying far more off than the cars are worth due to changing them too often.
To date I have probably spend over $100,000 on cars over the years and have nothing to show for it, I owe more on my car than its worth.
I need help, has anyone else experienced anything like this?
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Posted: February 7, 2006, 2:27 AM


Posts: 1928
Joined: September 14, 2004



This is compulsive buying, its cars for you but it could be anything. I suggest you see a psychologist before you end up bankrupting yourself and destroying your future. I believe tha SSRI type anti-depressants have been successful in treating Comulsive Buying Disorder.

Compulsive buying , defined as the recurrent failure to resist the impulse to buy unneeded objects, is a poorly understood disorder. Although it has been described in medial literature for about 100 years (it was called "oniomania" or "urge to buy"), the prevalence is unknown. It is estimated to affect about 1.8% if the general population in the United States. The age of onset appears to be in the teens or twenties, but 10 years or more may elapse before a person realized he or she has a problem. Untreated, compulsive buying appears to be a chronic disorder.

How do I know if I suffer from compulsive buying?
Uncontrollable buying may be a symptom of several problems, including other psychiatric illnesses. Of you feel you are suffering from compulsive buying, you should see a psychiatrist or ask your primary physician.

Buying is considered compulsive if the patient describes (1) frequent preoccupation with buying or impulses to buy is/are experienced as irresistible, intrusive and/or senseless; or (2) frequent buying of more than can be afforded, frequent buying of items that are not needed, or buying for longer periods of time than intended. In addition, compulsive buying requires that the preoccupations, impulses, or behaviors case marked distress, are time-consuming, significantly interfere with social or occupational functioning, or result in financial problems.



--------------------
A Buddhist Lama once said to me, "Do the opposite of whatever I tell you."
So I didn't.




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