Car V House price ratio?

[audi321]

swindler said:

c. 50%
but it's an unusal situation...

Jesus......you've either got a very cheap house or a fantastic car!

[PumpkinSteve]

The houses on our street go for 90k and one neighbour has an A4, I think another had a new Impreza and Evo VIII (when they first came out). I always wonder why they don't get themselves out of this sthole first.

[otolith]

PumpkinSteve said:

The houses on our street go for 90k and one neighbour has an A4, I think another had a new Impreza and Evo VIII (when they first came out). I always wonder why they don't get themselves out of this sthole first.

Maybe they don't mind living there, and realise that if they lived somewhere more expensive they wouldn't be able to afford what is important to them?

[fido]

About 3%. Too high for my likings, but depreciation should bring it down to an acceptable level in a year or two!

[andye30m3]

Mine's about 14%

[The Ferret]

How would you value a company car in this equation. Worth zero in terms of physical value to me, but saved me £20k in not having to buy it.

A more revealing question would be House Price vs Personal Assets (cash/cars/investments)

[louiebaby]

Burnham said:

markbs said:

Mine is 0.0025%

Mainly because I put everything I could find into buying and doing up our home. Based on this, I'm pretty sure if I hadn't bought an MK1 MX5 I'd need to hand in my pistonheads card.

Yes, thats pretty low! Mine was 0.0005% up until the point when I gave away my snotter and sold my house, now a more respectible 18%!

Depends on if we go on purchase price or value now.

0.0033 if the former, 0.0015 ish if the later. Both would be higher if it was bicycle vs house. This happens when you live in central (ish) London.

Fun question though...

[audi321]

louiebaby said:

Depends on if we go on purchase price or value now.

Gotta be value now as a house bought 30 years ago for £10k would distort the figures a lot.