How much do u need to earn to afford and run a £100k+ car
Discussion
Hi guys,
I would LOVE one day to drive a stunning car like some of the ones I have seen on here. I would just like to know what sort of job you guys have and how much you realistically need to be earning to afford and run a car worth atleast a 100 grand??
I am 25 and my partner 24 and between us we are on about £50k which isn't too bad but i know thats nowhere near what we need to get the car of our dreams.
Thanks to anyone who replies, all info will be appreciated
Maybe one day i will suceed in gettin one !
I would LOVE one day to drive a stunning car like some of the ones I have seen on here. I would just like to know what sort of job you guys have and how much you realistically need to be earning to afford and run a car worth atleast a 100 grand??
I am 25 and my partner 24 and between us we are on about £50k which isn't too bad but i know thats nowhere near what we need to get the car of our dreams.
Thanks to anyone who replies, all info will be appreciated
Maybe one day i will suceed in gettin one !
Hi guys, thanks for the comments.
Well we currently own our first house purchased about 16 months ago. Spent hundreds of hours rennovating it hopefully making a nice proffit which we will use to get a better place. Current mortgage is about 700 a month
Neither of us smoke and hardly ever drink. Maybe 1 night out a month with mates.
Kids are probably 5-6 years away (by the time i am 30)
I am prepared to work damn hard and make sacrifices to get my dream car but it seems so far away. Especially as I have 5 years before all the money goes on kids. Would be best to try andhave the money saved and get one just before.
I guess running your own business with decent returns is the best way to go.
If i got a 100k car i would like to have atlest 80k saved so that i am not paying out loads for a car loan each month. Instead i could just use all my money for petrol
Thanks again
Well we currently own our first house purchased about 16 months ago. Spent hundreds of hours rennovating it hopefully making a nice proffit which we will use to get a better place. Current mortgage is about 700 a month
Neither of us smoke and hardly ever drink. Maybe 1 night out a month with mates.
Kids are probably 5-6 years away (by the time i am 30)
I am prepared to work damn hard and make sacrifices to get my dream car but it seems so far away. Especially as I have 5 years before all the money goes on kids. Would be best to try andhave the money saved and get one just before.
I guess running your own business with decent returns is the best way to go.
If i got a 100k car i would like to have atlest 80k saved so that i am not paying out loads for a car loan each month. Instead i could just use all my money for petrol
Thanks again
Edited by karl1982 on Tuesday 11th September 09:54
Yes, depreciation is a very big factor with these types of cars.
I think I would go for one about 3 years old and hopefully the sharp depreciation curve will ease off and not be as bad.
To me a second hand murci for 100k (seen on here) is a bargain now!
The car i own at the moment is an mr2 turbo t-bar. Nice tidy example. I have done a bit of work to it. Standard 220bhp (purchased from an owners club member).
I payed £3400 for it 18 months ago and its worth just about the same now. Its 15 years old tho !!
Leagues away from nearly all decent sports cars tho
I think I would go for one about 3 years old and hopefully the sharp depreciation curve will ease off and not be as bad.
To me a second hand murci for 100k (seen on here) is a bargain now!
The car i own at the moment is an mr2 turbo t-bar. Nice tidy example. I have done a bit of work to it. Standard 220bhp (purchased from an owners club member).
I payed £3400 for it 18 months ago and its worth just about the same now. Its 15 years old tho !!
Leagues away from nearly all decent sports cars tho
Hi thanks for the comments guys. Getting a lot of good information and various views.
I started this thread as I just want some information about it all as I didn't have much of an idea.
I deffinately can not afford to buy 100k car now, but i dont think that should mean i can't ask questions.
Yes if i did have the money this thread would probably not exist.
What I have learned is that life IS short but I also want to be able to enjoy driving it, without the worry of a massive loan over my head.
It makes sense to invest my extra cash for now and try and make it work for me. Hopefully i can turn a few hundred quid into a few grand etc etc and then I know I can afford it when the time comes.
Thanks again
I started this thread as I just want some information about it all as I didn't have much of an idea.
I deffinately can not afford to buy 100k car now, but i dont think that should mean i can't ask questions.
Yes if i did have the money this thread would probably not exist.
What I have learned is that life IS short but I also want to be able to enjoy driving it, without the worry of a massive loan over my head.
It makes sense to invest my extra cash for now and try and make it work for me. Hopefully i can turn a few hundred quid into a few grand etc etc and then I know I can afford it when the time comes.
Thanks again
Wow! I haven't been on this forum for years and today I decide to log on and have a look. Couldn't believe my eyes when I saw my post sitting at the top of the list!
Well I'm 34 now and still no supercar! Grown up a bit since then, and decided that investing was a more sensible option and plan a bit further ahead financially.
Have 3 properties now - one of which is a HMO multi let giving decent returns, currently in the process of getting a 4th one next month through a ltd company.
Tried making an iOS game with some firends on the iPhone. Made a few quid and got the Mrs a nice engagement ring
Also have a start up company making real money gambling games. Early days but we might have our foot in the door with a few big gaming operators over here in the UK.
Current car is a Vauxhall Astra van 1.7 cdti and a 10 year old 118d! For messing about I have a 2 stroke rotax max kart which I did my first season of racing in last year.
Had a few nice holidays with the mrs too.
So as you can see, still no supercar but maybe one day
Well I'm 34 now and still no supercar! Grown up a bit since then, and decided that investing was a more sensible option and plan a bit further ahead financially.
Have 3 properties now - one of which is a HMO multi let giving decent returns, currently in the process of getting a 4th one next month through a ltd company.
Tried making an iOS game with some firends on the iPhone. Made a few quid and got the Mrs a nice engagement ring
Also have a start up company making real money gambling games. Early days but we might have our foot in the door with a few big gaming operators over here in the UK.
Current car is a Vauxhall Astra van 1.7 cdti and a 10 year old 118d! For messing about I have a 2 stroke rotax max kart which I did my first season of racing in last year.
Had a few nice holidays with the mrs too.
So as you can see, still no supercar but maybe one day
Edited by karl1982 on Wednesday 2nd November 16:39
Revisitph said:
The OP was 25, his partner 24; I suspect that little Karl1982s may have come along and he has other things on his mind as he visits the in-laws at the w/e in a 1.9TDi estate car with an Isofix seat and a booster seat in the back, a sticky bit between them, a couple of plastic dinosaurs and a dummy lost somewhere under the front seats while "inciwincy spider" (my spelling may be wrong here) plays over and over again on the audio as the older one grumbles because they can't concentrate on the game on their tablet.
This made me p*ss myself laughing! No kids just yet but looking forward to it! Gassing Station | Supercar General | Top of Page | What's New | My Stuff