Quote:
Originally Posted by dmk08
Quote:
Originally Posted by Thescout13
Depends on the state. 200k in a no income taxes state is >$11k/mo (at least that's what I recall, too lazy to go do the math), I guess I would never consider a car with this payment if I was not able to save at the very least $3k a month after taxes. I guess I thought the demographic for a $60k car was that income level (given from those I have met). But to each their own.
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My old SA told me his average M3/M4 buyer made 150k and the average build was 85k. You cant even buy a loaded Yukon for 60k anymore. |
Interesting. Then again, a lot of people do live way above their means for a depreciating asset. I know I did when I was younger. I remember being fresh out of the military in law school with a semester stipend of $8k and having a $600/mo payment for a 335i. I had like $200/mo for food after rent and expenses haha. Man was I stupid then. Hell, even now with the money I make, an M5 makes me queezy at $1500/mo. Can I afford it? Yeah technically. But there are some other things I rather do with that $500 extra a month. Then again I grew up dirt poor, so I like to hoard as much cash as possible but still leave room for something stupid like travel or a $5k exhaust for my M2C. I'm a complicated guy.
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Wife's Car: 2020 X4M Competition, Alpine White on Black Alcantara and Biege
Current Car: 2018 F80 M3CS, SMB, DCT, ZEC, MPE
Recently Departed: 2020 F87 M2C, LBB, ZEC, 6MT (Euro Delivery Aug. 29, 2019, totaled by an idiot in a Camry who then ran from the scene)
Wife's Prior Car: 2018 F80 M3, Yas Marina Blue, DCT, Black 19s, Carbon Structure Anthracite Cloth/Leather Combination, Driving Assistance Package (Euro Delivery Oct. 9, 2017)