You have a decent job, making upwards of $50kUSD/year. No wife, no kids...

Not OP but I believe that some automotive industry companies offer good employee lease programs. Some companies also may have good benefits that make up for the lower than average salary. Though I doubt that a company vehicle at $50k/year is normal.

Corvette or Porsche 911

>$50k year
>being able to comfortably afford any of the cars itt
mods please delete this underage thread

>implying
Depends on your lifestyle/where you live

You can afford a c5 on a $50k salary, they're only like $15-20k and parts are reasonably priced. You're right, a new 911 is out of reach, but who wants to take a new car on the track anyway?

at least youre trying to be realistic but even that is insanely optimistic.

do any of you itt actually work?

i make just over $100k/year. after taxes, 401k contributions, health insurance i am left with about $4500 liquid per month. this is mainly because i have no dependents like most of you in this thread.

with that $4500 i have to factor in savings ($1,000) groceries ($500) electric, water, internet, tv etc. ($350). but the main thing is there is nearly always something else that comes up - medical bills, your car gets towed, something unexpected. with all that taken into account i would be incredibly uncomfortable paying a $1000 car payment every month that is just incredibly irresponsible.
most of the people itt are either incredibly inexperienced financially or just flat out retarded

whoops even forgot to list the housing which is $1300.
a $1000/month car payment should be only for incredibly rich people.

>just flat out retarded

Says the retard spending $500 a month on fucking electricity. What the fuck are you doing out there? Running a small city?

$50k is really not a lot.
but i actually do agree, most decent condition c5's are about $15k these days. if that was your only car i could see it, still wouldnt exactly be financially responsible at all though.

do you know how to read?
reread my post. that is the combination of all of my monthly bills, tv internet, water/sewer, electricity, housing taxes.

I was assuming that he was living in an apartment for rent and utilities. I don't know how you could spend that much for groceries but I'm used to Veeky Forums poverty cooking. I was simply giving a best case scenario. Though I make $950/month payments including insurance on my vehicle with a $50k salary. I wouldn't recommend it unless you are able to min/max money.

If you were only making 50k and have a company vehicle you should count yourself lucky that you get to not pay a car loan or insurance every month. Be happy with your lower middle class lifestyle and pin up some Ferrari posters.

The one thing you do have the money for is a motorcycle. Save up 5k and you can get something decent.

If my company gave me a car I probably wouldn't buy one unless it's an exotic.

yeah i guess thats the difference. i have a family so i cant exactly feed them ramen every night.
my post came off as strong too so i apologize i dont mean to mock anyone for their financial decisions.

where do you live that you are able to afford a $950 car payment with a $50k salary?
also what kind of car is it - im curious

>50k
>enough to buy a toy car

50k is barely enough to live comfortably on, you can't afford a fucking dream car

If you lived in bumfuck flyover country 50k for a single young person is actually not bad. You can spend very little on living. You should be able to save say 20k pretty quickly, that gets you a lot of choices in the used market.

I wasn't the one that called out the electricity bill. Though I don't eat ramen every night. $10 in ingredients will make 5.5 qrts of chili that can last a week. Even chicken stir fry is pretty cheap. I live in the Midwest where the cost of living is low. I made the poor decision of taking out a $37k loan for a CPO CTS V-Sport at 0.9% APR for 4 years before I got laid off from a $61k job. I took a $50k job while I'm trying to find another engineering position.

i completely agree my food bill is on the high side, that is taking into account our eating out bill as well though which we do maybe 2-3x per month.
definitely room for some improvement, though i dont think $500 is that high for 3 people all things considered.

sorry to hear about your lay off though my man, same thing happened to my brother last year and he took a $30k pay cut. good luck with finding a new job i bet youre enjoying your V though regardless thats definitely one of my top dream cars.

>50k is barely enough to live comfortably on, you can't afford a fucking dream car

Locations, what are they? Disposable income is relevant, that is the only metric which matters.

50K in LA would equal homelessness. 50K in my location (southern US) is enough for 20K disposable income per year at least for a single man. I'm disability retired at ~40K and have at least 12K/year in spare cash while having plenty in reserve.

I just got a job as a Sales Executive at a cyber security consulting company. Basic is £40k + uncapped commission, and as a company car we get to pick between an a class benz or a 1 series bimmer (the euro hatch version).

I'm just trying to get a feeling of what kind of cars are realistic at that point.. The evo is a nice dream to have, but I know that I couldn't afford it on that income. Also, I am indeed talking about any second hand shit you can find a good deal on.

I did say you've got a company car for your daily, so is it's the C5 for weekends and fun times, why not? Also, I may be way off.. I live in the UK and was basing the $50k a year on £40k a year here. I don't know how different used car prices are.. So yeah. Any suggestions should probably specify at what income this is achievable.

You might be able to afford a used Evo X. You can easily afford a used Evo VII. I believe that the Evo X has been relatively unchanged over the years but you might be able to find a used one in the low £20k's. The challenge is finding a private bank that will give you a good interest rate for buying a used car from a private seller. I'm not British but it appears that there are a decent quantity of used Evo's. The challenge is finding an unmodified one.

I've been looking on Japanese auctions. There's a company that does all the paperwork and delivers CIF to the UK for like £800 flat fee. An evo 9 with 11k miles is starting at £30k, but then those with 60k or more miles start at least half of that.. If I'm patient I could probably find a decent stock example?

Anyway I guess everyone's "dreams" are different.. I'd love a mk1 gti for example. Doesn't cost an arm an a leg and is perfect for just mucking about.. Hard to find stock ones though to be fair.

As for finance, yeah, that can be a hurdle. I'd rather just own the car. Maybe if I do well and start earning over 100k I can buy jewellery an evo

I don't know where "jewellery" came from, just a typo.

>$125/week on food
Stop wasting food, or stop eating out so much.

I'm in the same boat as you, but I have no problem affording a daily and a fun car. You don't need $1000/month payment to have a nice track car, you just have to buy used. Most of the cats listed here are under $40k, which isn't out of reach for what we're making.

How do you like the Evo X? I've been considering building an Evo IX into a fun summer car.

>second hand for a good deal
You want the base or mid trim of a high volume sports car, preferably a sports car on a chassis specifically designed for that purpose. I would expect that if you're living somewhere that pays for a company car and you have the space for a second (i.e. somewhere in middle America, not on the coasts), you could afford up to about $25k in a fun, used car. A used Corvette, miata, camaro, mustang, gt86, boxster, or s2000 would all theoretically fit in that price range for various trim levels and ages, depending on what specifically you want out of the car. They're all reasonably high volume, with good after market support and decent reliability.

You must be getting raped on taxes or insurance.
$105k, 4% 401k cont, good insurance, and $120 a month for garage parking nets me around $5300 per month.
I live alone and have around $900 total between 2 car payments and am completely comfortable.

>4% 401k
Only if you never plan on retiring. You should be maxing that bitch, $18.5k a year if you want to retire while you're still able to enjoy it.

Yup, not very much money to work with, I wouldn't go over $20k on that budget and would probably find something

a big comfy Citroen

If you cant save a measly $834 dollars a month (10k a year) on the 50k situation op described kill yourself.

Im do it on 45k a year.

But to answer ops question. I would buy a Caterham kit to build

R-32 GTS-T Type M.

50k a year doesn't buy you shit

I'm at 15k above that and it still isn't shit

If your company gives you a company car they expect something in return. IE. no overtime pay at all, salary cap and you can't make more than that. I am capped right now, and can't make a dime over what i have with bonuses/yearly salary. It fucking sucks

...

50k/year is almost poverty-tier

Holy shit its a >I earn 6 figures but drive a shitbox thread again.

sorry about your life in a shitty commie state :(

moostang

An SW20 MR2 or an 80s Supra. Love em.

Most ppl don't even count taxes, 50K before taxes ain't shit in the US..

Hey

used Lotus Exige (back when they sold them here)

Hey if I had the money and wanted a fast car, I would build something from the ground up restoration...

I've been living comfy and doing what I want (driving fun car, going on yearly trips, camping, etc.) while saving since i was making 35, but I guess a lot of people don't know how to budget. I did get a great price on my apartment though. It's like half the average price in my neighborhood.

Fuck, I feel like shit for paying 1300 for a one bedroom, but it's comfy as fuck and winter is coming.

I left fwd cars off on purpose, mainly because I don't really consider them ideal platforms for track cars, but also because I personally wouldn't bother since they're typically built on a compromised chassis designed for road driving, not primary motorsport/track duty, and as such would require more extensive or specialized modification to track prep adequately.

It's easy to spend $100k in the US though. 401k contribution, mortgage, and taxes alone will take around $60k of that. If you have a family, the rest of that money will disappear real quick.

Dude, I was paying a $700/mo car payment on $40k annual while living on my own, saving $500/month and blowing cash on going out most weekends. What the fuck are you on about $65k not being enough to afford a nice car? Get a hold of your finances, bro.

>$50kUSD/year

miata

damn that's rough. I'm doing 600 for a cookie cutter 2 bedroom and free heat. But I only get an outdoor parking spot though. it's not so bad now that I finally got a remote starter.

I posted my finances this year on Veeky Forums I wasted 40+K this year. I feel like a damn idiot. I could have spent that on my fucking car damnit...

>$700/mo car payment on $40k annual
That's really reckless.

If you can't live a good life on $3500/mo in discretionary income after taxes, retirement savings, and your house payment, there's something wrong with your budget.

65K before taxes. That ain't shit senpai

You can certainly live a good life, but it shouldn't be so surprising that some people drive reasonable cars even at 6 figure income levels.

>$3500/mo in discretionary income
Those are the three largest expenses for most people, not all of them.

Youre talking to college kids of course they have no clue about rl

>Youre talking to college kids
I've been here too long to even pretend I'm still in school anymore.

Too bad youre still dumb as fuck

Lol this coming from the guy acting like $100k is a pittance.

Wanna know how I did it? I'm making 4x the money now, but at the time i was just out of college and still on the frugal train except for my car. My monthly salary was $2800, and my expenses were:

>$650 rent
>$700 car payment
>$90 insurance
>$175 groceries
>$300 entertainment (including eating out)
>$200 ancillary expenses (clothes, phone, etc.)

I still saved on average over $600 per month, set my 401k at the match level for my employer, and only bought the car after I had 6 months of runway in my emergency account.

Now, I'm paying for a house which has doubled my "rent" payment (which is now a mortgage payment), but I no longer have a car payment because that $700/mo allowed me to pay off my loan in 3 years.

I'm doing just fine, but thanks for your concern, mommy.

>$3500

Try $2500. Fucking easy mode.

You even have money left over for shit that quickly eclipses cars in cost, like motorcycles and prostitutes.

>implying

No it doesn't. I earned $106k gross pay last year including bonus (2015 tax year). My take home pay was $65k (after health insurance premiums and $15k in 401k contributions), and effective tax rate was just over 21%.

This. For an old guy, you sure are dumb.

>implying
What other expenses even come close?

Seriously, I repeat, if you can't live comfortably on $3500/mo, you are mismanaging your personal finances, no ifs ands or buts.

>be financially conservative
>lol ur dum
Okay.

Not saying you can't do it, but $700 a month is a lot more than anyone would suggest you spend on a car payment at $40k.

I also included mortgage in addition to the taxes and 401k contribution (max).

or maybe it's time to move out of that shit country where the wife has to work from pregnancy to college for a family to live with a modicum of luxury if the father doesn't have a phd in math and any job he wants 300k starting

Youre not 'financially conservative'. You're a faggot that lies on an cambodian basket weaving forum.

Hobos make more than 50k a year. Good thing I have 3 phds in math

>Seriously, I repeat, if you can't live comfortably
Seriously I repeat, you can live comfortably. I said it shouldn't be so surprising some people still drive reasonable cars at that income, especially if you have a family. Not everyone with a six figure income drives a sports car or higher-tier luxury car.

What am I even lying about?

Yeah nah, you're dumb. Again, I gross ~$105k annual. My taxes, savings and mortgage combine for about $58k annual ($20k in taxes, $20k split between 401k/IRA/traditional savings, and $18k in mortgage payments on a 15-year fixed mortgage). That leaves me with $55k annual (or $4500/mo) in what is essentially discretionary income (less $600/mo for utilities, phone, Internet, and home/ vehicle insurance).

You're not conservative with your money, you're either bad at budgeting, or you're feeding at least 3 extra mouths.

Is it too hard for you to reread your bullshit?

What do you guys do to make that large of a salary...

>My taxes, savings and mortgage combine for about $58k annual
>It's easy to spend $100k in the US though. 401k contribution, mortgage, and taxes alone will take around $60k of that
That's exactly what I said.

See >You can certainly live a good life, but it shouldn't be so surprising that some people drive reasonable cars even at 6 figure income levels.
>You can certainly live a good life

Only a handful of people on /o actually earn that much. Everyone else is just lying/memeing.

Lol why? America has been very good to me. The only real concern I have is health issues, and beyond my healthy lifestyle, there's not much I can do to control that. Living a healthy lifestyle in America is actually pretty damn cheap, too, so I'll be fine barring some unavoidable, unforeseen circumstance.

>some people drive reasonable cars even at 6 figure income levels.

What are these guys doing on a fucking car imageboard?

Life gets boring sometimes...

Yeah I forgot that shitposting here is lots of fun. I make 9 figures and drive a civic btw. I also post in laptimes per dollar threads

You're moving the goalposts. Originally, you said "it's easy to spend a $100k gross salary". I told you it's really not, unless you're mismanaging your finances. You came back and essentially said "well I don't do that, but yeah you're right you can live 'comfortably'".

$100k is essentially a life of luxury, bro. I've been on both ends of the spectrum, and coming from unemployment, to $15 an hour, to now living on $100k annual, there is literally no need I have that goes unfulfilled, and my personal life is, for all intents and purposes, stress-free. I'm healthy, happy, have expensive hobbies, save buckets of money for retirement on an annual basis (I'm talking like $2k+ per month), and still have absolutely no fears about whether I'll be able to make a mortgage payment or deal with just about any financial crisis (within reason).

In middle America, $100k is not at all easy to spend unless you're either blowing it on drugs and hookers/"the best" of everything, or you're a sole provider for a family of four.

>or you're a sole provider for a family of four
I did also say:
>If you have a family, the rest of that money will disappear real quick.

Which really circles back to my original point,
>Holy shit its a >I earn 6 figures but drive a shitbox thread again.
that there are people who drive "normal" cars or whatever you want to call them but still make good money. I really didn't expect it would take this many posts to say that, but here we are.

I'm the one calling that faggot trip prelude guy a moron.

I work as an information security specialist for a fortune 500 company. I'm 28 (29 in December), and worked my way into this job from basically a user administrator role straight out of undergrad, by taking and passing certification courses in my spare time. I have no advanced degree, but will likely never need one, as I intend to finish paying off my house, work until I'm 50, then retire and live off my investment income (I have $160k in liquid assets right now, plan to hit $2M before I start drawing down ~$40k per year; based on cfiresim and other retirement simulator calculations, that should happen around 2040 or so).

I don't drive a shit box, so I guess you're wrong on that point too lol. I have a 2015 Camry that's my daily, and an e46 m3 that's my fun car. I did pick up a 98 mustang last spring just for shits, though, so I guess that could be considered a shit box.

Seriously, could you continue to be more wrong so I can continue laughing at you?

>I don't drive a shit box
Tell me where in my post I was talking about you specifically.

dont worry about the tripfag, he owns four shitbox hondas or something

CISSP?

Wow he must be an oligarch with a 20 figure income

No shit im on 6000usd a month i have 3 kids and a wife.. soooo no expensive cars for us but if we go with your scenario i still wouldnt buy an expensive car, i like travelling to much so all my spare cash would put towards holidays.

CISA, CISSP, CGEIT and I'll probably go for a PMP next.

Once you have one cert, it's essentially very little extra work to get and maintain the others, since the training cpes all fall under similar designations. You just have to pass the exams.

Yea I know. Not ready for the CISSP though just yet...

What do you do now? I might be able to help you figure out where to start

Senior security engineer. Company only pays 65K for this position, they're saying raise in December, kind of learning that is a bullshit promise. Love the job but getting tired of it, highly stressful and I'm a dedicated engineer for numerous clients. I work my ass off

What is your role? Like, what do you do? Security engineer means a lot of different things.

Sounds like you work for a SaaS provider; do you configure servers, manage internal security, work with clients to properly secure data in the app you service, or something else?