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re: Jeremy Hill new ride

Posted on 6/23/14 at 5:35 pm to
Posted by The Pirate King
Pangu
Member since May 2014
58009 posts
Posted on 6/23/14 at 5:35 pm to
It's not about being broke in 5 years. It's 20 years down the line when he's down to little or no income and has to depend on his career earnings to last him.

Could have easily bought a 60k Lexus or Mercedes and called it a day.
Posted by jose canseco
Houston via Houma via BR via NOLA
Member since Jul 2007
5667 posts
Posted on 6/23/14 at 6:09 pm to
quote:

Could have easily bought a 60k Lexus or Mercedes and called it a day.


So it's the extra $50k that's bothering people? Getting a contract like that and buying a car like that is not that bad. Now if he buys several cars and a ridiculous home, he may be in some trouble.

Most people purchase cars that are well over 33% of their yearly income. Not uncommon for someone making $50,000 and buying a $20,000+ vehicle.
Posted by Broham
Crowley
Member since Feb 2005
18454 posts
Posted on 6/23/14 at 6:59 pm to
quote:

Could have easily bought a 60k Lexus or Mercedes and called it a day.

Exactly
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