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re: What is your annual income, and how much did you pay for your vehicle?
Posted on 3/4/23 at 6:31 pm to deltaland
Posted on 3/4/23 at 6:31 pm to deltaland
quote:It's not 1 or the other lol.
frick that. I’d rather buy something that holds value like land or a nice house
$400k a year is over $30k a month gross. A $100-125 car is probably a $1500 for month payment or so on the high end. It'll hardly stop you from the other finer things in life you earned for yourself if you make that much.
1
Posted on 3/4/23 at 6:33 pm to BabyTac
Not saying.
We lease our cars because we like driving something new every three years. Price is what it is. Usually we have a couple of Volvo suvs
We lease our cars because we like driving something new every three years. Price is what it is. Usually we have a couple of Volvo suvs
Posted on 3/4/23 at 6:48 pm to BabyTac
6’4
210
3% body fat
11 inches cut
210
3% body fat
11 inches cut
Posted on 3/4/23 at 7:08 pm to shel311
quote:
Sounds about right for me, around 30%cor maybe even 1/3 factoring in both my wife and I salaries.
I think 1/3 or below is pretty comfortable for most people. This is just a general rule of thumb without knowing anything else. I've read financial guidelines that say to not spend more than 50% of your annual income but I'd never go that high
I don't really consider my wife's income because we both need vehicles but I suppose we could average it out since we share finances.
Posted on 3/4/23 at 9:45 pm to Toptigerfan86
quote:
Toptigerfan
quote:
11 inches cut
wrong board dude
Posted on 3/5/23 at 12:20 am to shel311
quote:
It's not 1 or the other lol. $400k a year is over $30k a month gross. A $100-125 car is probably a $1500 for month payment or so on the high end. It'll hardly stop you from the other finer things in life you earned for yourself if you make that much.
Not to mention most people work their way up and don’t just start at $100k-$125k car. You can have a decent amount to put down from your previous trade. My last two trade ins I got 57k for 2017 F-250 and 54k or maybe 57k for my 2017 Audi S7. All that money went towards the down payment on my new vehicles.
Posted on 3/5/23 at 1:18 am to BabyTac
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