For those of you who make over $85K/year....

[pinion9]

Married. Dual income. I make around 130-150K, wife makes around 40K. Last year, with our property, we made nearly 300K. Wife drives 2003 GMC Envoy. I use her old 99 Tracer as a daily and have an F350 for towing, work, etc. One 3 yaer old, 1 kid on the way.

We are building a 5000+ sq. ft. house right now. Investment + house > car to show off.

 

[FlashG]

married, 04 TL 6 speed navi, 03 EX CRV, 95 EX Coupe, 81 Kelmark kit car - all running great

 

[6000SUX]

Married. WRX wagon.

 

[Koing]

Originally posted by: Spamela
2006 F250 Diesel Crew Cab (what else to pull a trailer?).

i'm single now, BTW.

When did you get a new truck?!?

Koing

 

[redgren]

married, 10 year old compact pickup (S10).
Cars aint my thing at all. Can't stand 'em, really.

 

[ElFenix]

Originally posted by: halik

Originally posted by: sygyzy

Originally posted by: halik

Originally posted by: Amused
Divorced.

A 1999 VW Passat. Paid off and in perfect condition.

I see no reason to make the single worst investment a person can make: Buy a new car... especially every 3-5 years.

I disagree, leasing a car generally ends up a higher loss. Same thing goes for excessive rent. In either case you end up with no equity when the lease is up.

The car lease thing is not universal, though. With a $350//mo lease, you're expecting the car to depriciate 4100 bucks in one year/12K miles. This might be the case for a brand new domestic, but usually not for used foreign cars.

I don't think you get it, halik. The alternative to not buying a brand new car is, wait for it, wait for it, buying a used car!

I've never bought a new car before nor did I argue against buying used. My point was that leasing a car is even worse than buying a new car. Neither one is a good financial decision, though.

amused's post went right over your head.

 

[mrizvi66]

daily driver 1995 Audi A6 180,000miles (about to die...looking for something to replace it...)
weekend driver 1980 Porsche 911 76,000miles....

Single......

 

[chambersc]

oh how I yearn for the day when I'm out of college and making the big bucks.

 

[Electric Amish]

1994 Ford Probe GT
1994 Chevy S-10

 

[Babbles]

Originally posted by: ManSnake
What's so special about $85k/year? That's not a lot of money.

:roll:

 

[daveymark]

01 Windstar (mine)
94 Mustang V6 convertible (hers)

 

[Electric Amish]

Originally posted by: daveymark
01 Windstar (mine)
94 Mustang V6 convertible (hers)

His Wang (hers)

 

[jman19]

Originally posted by: ElFenix

Originally posted by: halik

Originally posted by: sygyzy

Originally posted by: halik

Originally posted by: Amused
Divorced.

A 1999 VW Passat. Paid off and in perfect condition.

I see no reason to make the single worst investment a person can make: Buy a new car... especially every 3-5 years.

I disagree, leasing a car generally ends up a higher loss. Same thing goes for excessive rent. In either case you end up with no equity when the lease is up.

The car lease thing is not universal, though. With a $350//mo lease, you're expecting the car to depriciate 4100 bucks in one year/12K miles. This might be the case for a brand new domestic, but usually not for used foreign cars.

I don't think you get it, halik. The alternative to not buying a brand new car is, wait for it, wait for it, buying a used car!

I've never bought a new car before nor did I argue against buying used. My point was that leasing a car is even worse than buying a new car. Neither one is a good financial decision, though.

amused's post went right over your head.

He was just naming a worse decision than buying a new car; leasing one.

 

[JulesMaximus]

Originally posted by: LeadMagnet
Married

1976 AMC Hornet X Sportabout station wagon

When it comes off lease in 3 years I'll buy it

You did a 33 year lease? :laugh: What's the residual? What was your monthly payment? $10?

 

[TXHokie]

Married with 3 kids + house
98 Honda Accord for work commuting
97 Isuzu Trooper for weekend offroad camping trips etc
Don't care for new car payment

 

[SampSon]

Originally posted by: pinion9
Married. Dual income. I make around 130-150K, wife makes around 40K. Last year, with our property, we made nearly 300K. Wife drives 2003 GMC Envoy. I use her old 99 Tracer as a daily and have an F350 for towing, work, etc. One 3 yaer old, 1 kid on the way.

We are building a 5000+ sq. ft. house right now. Investment + house > car to show off.

No offence, but you're doing more "showing off" with a new 5000+sq ft house than a new car.

 

[GuitarDaddy]

Originally posted by: chambersc
oh how I yearn for the day when I'm out of college and making the big bucks.

Enjoy being young while you can, I assure you the day will come when you would trade everything you've accumulated to be a broke single college student again

 

[Spamela]

Originally posted by: Koing

Originally posted by: Spamela
2006 F250 Diesel Crew Cab (what else to pull a trailer?).

i'm single now, BTW.

When did you get a new truck?!?

Koing

april. retail therapy with that testosterone flava.

 

[ddviper]

Married

03 Honda Accord, good family car

 

[cHeeZeFacTory]

Originally posted by: GuitarDaddy

Originally posted by: chambersc
oh how I yearn for the day when I'm out of college and making the big bucks.

Enjoy being young while you can, I assure you the day will come when you would trade everything you've accumulated to be a broke single college student again

yep I'll do it in a second. Unless i'm like the guys in entourage

 

[isasir]

Originally posted by: GuitarDaddy

Originally posted by: chambersc
oh how I yearn for the day when I'm out of college and making the big bucks.

Enjoy being young while you can, I assure you the day will come when you would trade everything you've accumulated to be a broke single college student again

LOL. If only I knew in college what I know now...

 

[UNCjigga]

Single, will buy a new VW Passat in August (low ego emissions FTW!)

 

[lokiju]

Unemployed/working for myself.

Current Yearly income = $000,000,000.00 per year.


I drive a 1999 Chevy Tahoe and also have a 2004 Honda Shadow Sabre.

Life is gooooooooooddd!!!

 

[eits]

i'm gonna make over 85k in a few years when i'm out of school with the letters after my name

i'll probably still not be married by then... and that's completely sweet by me.

 

[FelixDeCat]

Originally posted by: eits
i'm gonna make over 85k in a few years when i'm out of school with the letters after my name

i'll probably still not be married by then... and that's completely sweet by me.

Isnt gay marriage legal in MA?