How much do u need to earn to afford and run a £100k+ car

How much do u need to earn to afford and run a £100k+ car

Author
Discussion

Mobsta

5,614 posts

255 months

Thursday 11th December 2008
quotequote all
burriana said:
There are people who talk about things other than cars? confused
Thats just women, so they arent really people as such hehe

The Milfman

1,107 posts

189 months

Thursday 11th December 2008
quotequote all
Mobsta said:
burriana said:
There are people who talk about things other than cars? confused
Thats just women, so they arent really people as such hehe
rofl

Sarnie

8,042 posts

209 months

Thursday 11th December 2008
quotequote all
NIIKME said:
Good balance of views in this thread. To the OP , I was in your position 5 years ago and how time flies when youre having fun(?). With the same mortgage payment as you I felt comfortable with a £250 payment on an R32 which judging by the people around me was viewed as 'that must be someone doing well'. (At this point can I state that image is not overly important to me but the views of my family who could be argued as sensible folk is.)

Fortunately I now find myself on a (regular) 6 figure salary but the garage has probably not improved all that much. The house has. I take a lot of stick off my mates for being too conservative with my car spending but the truth is that I would feel UNcomfortable at the age of 29 floating around in anything more flash than the 330ci I drive now. What you will also find is that your porker fund takes a battering along the way for the more everyday things, like the new kitchen, and the mortgage payments on a family proof bigger house. Whilst a new porsche would be great to drive everyday I spend more time in our new kitchen and I like to cook. Its a balance as everybody in this thread has stated and whilst I would love and could afford the brand new porsche my views in the last 5 years have changed to the extent that I prefer to be able to spend disposable income in fine restaurants and on holidays for the memories which I will always treasure.

I consider myself a petrolhead with the degree to which I change my cars but with each one it becomes a bit boring after a couple of months no matter what it is. I am positive the 911 will be the same. The murci maybe not so much smile

The question is really do you want to go down the pub and talk about the murci in your garage or what fun you had in paris last weekend, london the weekend before that, and thailand in the summer?
I'd rather be in the pub talking about my murci biglaugh

Alexandra

373 posts

192 months

Thursday 11th December 2008
quotequote all
Mobsta said:
Thats just women, so they arent really people as such hehe
Oi! We get enough of that in the Pie & Piston! smash

wink

Mobsta

5,614 posts

255 months

Friday 12th December 2008
quotequote all
Alexandra said:
Mobsta said:
Thats just women, so they arent really people as such hehe
Oi! We get enough of that in the Pie & Piston! smash

wink
I do apologise, it was meant in Jest. You all deserve a good friendly poke from time to time hehe

Alexandra

373 posts

192 months

Friday 12th December 2008
quotequote all
Mobsta said:
I do apologise, it was meant in Jest. You all deserve a good friendly poke from time to time hehe
Ha ha. Whatever do you mean... angel

Mobsta

5,614 posts

255 months

Friday 12th December 2008
quotequote all
Alexandra said:
Mobsta said:
I do apologise, it was meant in Jest. You all deserve a good friendly poke from time to time hehe
Ha ha. Whatever do you mean... angel
In the ribs of course smokin

Mclyn

1 posts

90 months

Wednesday 12th October 2016
quotequote all
here is the simple list

$20,000 salary = $4,000 car
$40,000 salary = $8,000 car
$80,000 salary = $16,000 car
$140,000 salary = $28,000 car
$200,000 salary = $40,000 car

Muncher

12,219 posts

249 months

Wednesday 12th October 2016
quotequote all
Mclyn said:
here is the simple list

$20,000 salary = $4,000 car
$40,000 salary = $8,000 car
$80,000 salary = $16,000 car
$140,000 salary = $28,000 car
$200,000 salary = $40,000 car
bks!

mwstewart

7,587 posts

188 months

Wednesday 12th October 2016
quotequote all
My advice is if a couple of thousand a month for an unsuspecting bill is going to be problem don't buy one; consider fuel, insurance, tracker, tyres, servicing etc. etc. If you are massively passionate about cars and willing to make sacrifices then I suppose it could be done on a shoestring for a year or so, but a couple of problems are going to wipe out any contingency pretty quickly and mar your ability to relax and enjoy the car, so I wouldn't recommend it.

At the end of there are more important things in life like getting a house i.e. future stability and spending time home and away with friends and loved ones, so don't turn a dream car into a ball and chain - instead buy something you can enjoy comfortably. I'm sure you'll know exactly what that is.

RamboLambo

4,843 posts

170 months

Wednesday 12th October 2016
quotequote all
Blimey I better go to poundland for my next supercar then

mwstewart

7,587 posts

188 months

Wednesday 12th October 2016
quotequote all
Oh...2008 biggrin

Murph7355

37,684 posts

256 months

Thursday 13th October 2016
quotequote all
Mclyn said:
here is the simple list

$20,000 salary = $4,000 car
$40,000 salary = $8,000 car
$80,000 salary = $16,000 car
$140,000 salary = $28,000 car
$200,000 salary = $40,000 car
You need some time with Mavis Beacon if that took nearly 8yrs to type in biggrin

Nano2nd

3,426 posts

256 months

Thursday 13th October 2016
quotequote all
so now the OP is well into his 30s did he get that £100k car?

Nano2nd

3,426 posts

256 months

Thursday 13th October 2016
quotequote all
Mclyn said:
here is the simple list

$20,000 salary = $4,000 car
$40,000 salary = $8,000 car
$80,000 salary = $16,000 car
$140,000 salary = $28,000 car
$200,000 salary = $40,000 car
oh and yes utter horse s*** i'm on no where near 200k even in dollars and i've got 2 cars worth more than $40k

Dr Jekyll

23,820 posts

261 months

Thursday 13th October 2016
quotequote all
Nano2nd said:
Mclyn said:
here is the simple list

$20,000 salary = $4,000 car
$40,000 salary = $8,000 car
$80,000 salary = $16,000 car
$140,000 salary = $28,000 car
$200,000 salary = $40,000 car
oh and yes utter horse s*** i'm on no where near 200k even in dollars and i've got 2 cars worth more than $40k
I think it's pretty good at the lower end. Obviously you CAN spend a lot more if you make sacrifices in other areas, but as a guide to affordability without tears 20% of gross salary seems about right.

Didn't Mercedes calculate a few years back that the average new car customer bought a car worth about 30% of gross salary?

br d

8,398 posts

226 months

Thursday 13th October 2016
quotequote all
How on earth do people even find 8 year old threads to post on?

IainF

149 posts

255 months

Friday 14th October 2016
quotequote all
I thought my internet connection was slow...

AndStilliRise

2,295 posts

116 months

Friday 14th October 2016
quotequote all
The Milfman said:
Pork said:
jshell said:
Holy Thread Resurrection, Batman!
roflrofl
+1 hehe

On a more serious note, an interesting thread brought to my attention! read
Awesome return, well done PH.

superpippo

182 posts

202 months

Friday 14th October 2016
quotequote all
Mclyn said:
here is the simple list

$20,000 salary = $4,000 car
$40,000 salary = $8,000 car
$80,000 salary = $16,000 car
$140,000 salary = $28,000 car
$200,000 salary = $40,000 car
I have two nice red cars but according to this list I would barely afford a second hand bmw! smile