What kind of car does someone making 80K/year drives ?

What car would be nice if I make +180K/y? I currently drive a newer Civic but I want to have something nicer

>180K/y
What kind of job is that?

I'm the 2nd poster. I study medicine and drive a twingo 133 RS, yurop A segment. I have relatives in SoCal, they're both physicians. He drives a 535i, she drives a range rover sport.

Think about it. 600k+ per year, and still do not drive super expensive stuff. They're 55 and 58 y/o, and could have retired when they were 45. He (uncle) said he'd get a 911 or something fancy fir his 60th birthday. They have a combined net worth of 12 million, so obviously they live very frugal, as in, luxuries.

Tl;dr if you want to become so rich you can wipe your ass with 20 bucks bank notes, save up plenty, invest, get some real estate going, and after all that buy what you want in cash.

Or just be a debt slave, whatever

I also meant, mostly blacks, who notice they finally get some equity going, and think "WE BOOGADDI NOW".

>52%

why even live

My dad makes 110k/year.

He drives a 2003 Ford Falcon.

Lots of variables. Location being 1 huge one among other "expenses". Also, example, how some of that money comes in. I made 70k last year but 16-17 of it was bonuses so I barely saw 8-9 of it. Also how much you contribute to 401k etc etc.
if I lived in Arizona or some flyover state and did minimal contributions to my 401k (currently 11% of my check) I would be considered well off and would afford a much nicer car. But instead I live in ca so I pay out the ass for everything.

Depends on the profession.

A friend of mine makes 120k a year as a welding inspector at a power plant and drives a 2017 dodge ram 2500.

I make 140k/yr US and drive a 2000 Buick LeSabre. Me and your dad are sensible bros.

BMW 6 Series.

honda cb1100 EX

114k on this year's 1040. Drive 20 year old Saab. Have 2 mortgages, kid in private school and wife is a stay at home mom. Will buy a used SUV next year, used boxster 2 years after that.

To escape soviet Netherlands and migrate to the US with my MD+PhD obviously

>tfw your parents have millions but refuse to treat themselves or retire
My dad drove a second hand 2000 Commodore until 2013. That being said he abuses the shit out of his cars and never cleans them.

Not a job, but I have my own company. That's what I have at the end of the year after taxes

Would you go on superfluous spending sprees in your business? Why would you do the same in your life? Stick with the Civic.

Why people even bother making good money if they're not gonna spend it on nice things ?

Stay out.

I think its genetic, I'm starting to make really good money and I never treat myself to anything.

I don't get why supposedly wealthy people itt are so proud of driving such shit wreck heaps. It's not like you have to go from landfill Fords to brand new S class, you can easily get a very nice used Lexus LS for under 20k and I'm sure there's other frugal models too.

There's responsible financial management and then there's proudly ignorant miserly penny pinching foolishness. You only get one life, don't spend it in a shit box.

Life is meant to be lived, not to accumulate endless amounts of currency. Enjoy while you're still here...

Because some of us have foresight beyond next week and don't give a shit about appearances.

The BA is a nice thing.

I make 120k/yr as a carpenter and welder.

I drive two cars one is a basic work truck and a shitty compact crossover. it's pretty ass.

>Lexus LS for under 20k and I'm sure there's other frugal models too.
Why spend 20k when a 5k or 10k car will do the same thing?
Frugal people get joy in spending money wisely. Money you don't spend is money that is making money.

Also keep in mind that the people that talk about their inexpensive daily driver generally have a weekend car, or two, and probably a boat, or two.

Rob Ferretti essentially implied if you want a car that costs $x you should be making bare minimum $x a year.

My dad has always put me and my sister's wants before his, and ever since I moved out he's been paying for pretty much everything she wants (not like she can pay for it, she's only 13).

But yeah, I keep telling him to treat himself with something nice but he always insists on spending the money on his children instead of himself. Same with my mother before she retired.

What if you die tomorrow? Don't you wish you had experienced life? Drove cars that are fun to drive?

I don't understand what's so fun about saving up money if you're not gonna use it

This is how poorfags stay poor.

>if you want a car that costs $x you should be making bare minimum $x a year.

x is your variable ? So someone making $50,000 a year should consider a car that is no more than 50 000 right ?

I've driven a 3k car. Anyone who says a 20k car does the same thing is a bus rider.

It's like saying an ear specialist and brain surgeon just both doctors...

There should be a balance in everything. Extreme frugality is no better than mindless spending.

I'm around that salary. I own a MazdaSpeed3 and a Fiat 500 Abarth (flipping that car soon). After this I'll probably get a used Lexus LS460 for comfort while keeping my Mazda for fun.

>having a lot of money is better than having no money

Yes.

I drive a 3k shitbox. Does what I need it to. What does a 20k shitbox do for me that my 3k doesn't?

I make around 100k a year and drive a 2002 Mercedes C-Class. Bought it in '08 for around EUR13k. I wonder what the newer models are like though.

>living like a bum is better than enjoying yourself
See - I can straw man too?

Why are you even on Veeky Forums?

>goes to Veeky Forums
>why cook if I can heat up ramen noodles for every meal?
>goes to /v/
>why game when I can play mancala all day?
>goes to /g/
>why buy a PC when I have a calculator?

mate i'm literally autistic. I'll be lucky to get a job, let alone get one that pays enough that I can invest in real estate. How the fuck am I supposed to do that?

Might as well just kill yourself now.

Wtf car is in the pic? See a gt R. Nit much if a ricer but it kinda looks slick. Like a modern muscle car

Anything that doesnt cost more than 60% of your pay check.

You can have 3 cars that all add up to 44k or you can have 1 car that does the same. 80k you are just middle class.

Why? Nowadays even if you're a worthless neet you can enjoy life to a certain extent.

I don't need to have ownership over something to admire it. Some people admire aircrafts but will never own a jet. People admire nature and hiking mountains but few will ever own their own section of it

>I'm ignorant and I'm proud!

Thanks for proving a point.

Mountain ownership, lmao...

That is a idiotic comparison and it sounds like you suck at buying cars.

True if you don't know anything about buying cars your 3k car is likely to be much worse than a 20k car... In the save way a Harvard trained MD is going to much better than a MD from the Jamaican school of medicine, but there are diamonds in the rough out there.

The only thing missing from my 2.2k vs a 20k car is Bluetooth connectivity for the radio.

Reeee

But for real how do I go from being a high school graduate to sorta rolling in it?

At least the fact that personality wise I'm absolutely repulsive means I'll never waste money on a grill or some fucking cunt kids

Shit user. I feel your pain but yall on the other side of the pond have it about dead even as bad as the us here.

>muh freedoms...

Property tax, sales tax, income tax, social secuity tax, medicare tax, death tax, vehicle registration tax, obamacare tax etc...

There is even one where we pay 7.5% for lazy faggot shitlords that dont wanna work and our employers have to match it. So almost all of us make 7.5% less than we could be or we have fewer jobs.

Nobody even gets it.

We are roughly 50-60% taxed depending on income and these clueless cucks spend their life "investing" in the stock market while simultaneously paying into a 401k retirement plan wich is also just more stocks. AND THEN the sruoid mutherfuckers will go into debt to buy a house and cars they cant afford with high af interest that can be lawsuit stilen at any second and wonder why the fuck they are always broke and poor.

Sometimes i fear i actually luve in the land of the cucked. And not the land of the free.

* apathetically waves american flag that so many friends and family have died for...

$80k a year isn't even that much

Hey don't ask me, I'm a friendless worthless NEET sperg myself.

Money is security.

There is no such thing as true job security and if you find yourself injured and unable to work or laid off due to company setbacks.

That and some people just don't give a shit about cars. They don't drive a lot and they're not interested in the vapidity of driving the latest and greatest depreciating asset.

>angry libertardian teenager: the post

>True, your argument is vastly confirmed by the aggregate of possible outcomes

>But there are some few exceptions!

Lol, another logical genius of the first order. I bet that's the same rationale you use to scratch lottery tickets every week.

>Challenging the most ancient unspoken Veeky Forums meme.

Look man if you don't make at least 7 figures you have to drive an early 90s civic or you're an irresponsible poorfag and everyone knows it.

The rule of thumb when buying a care is this:

20% down/10% of your monthly income/4 year loan/ 1/3 your annual budget total price of the car.

You don't have to follow that rule if you hate money and your financial future. I've learned that people don't like being told they're poor and can't afford that $30k car they're lusting after.

Also Bluetooth sucks for music, you can literally buy a $5 FM transmitter and do better.

I'm sure a $5 part is the only thing keeping your garage queen from the heights of motoring excellence...

the plebian choice would be

k, enjoy your debt

Since I failed to elaborate:

20% of the car's value should be put down, to keep your payments as low as possible. You can do more, but you shouldn't be clearing out the bank to pay for a car. I've also learned that it's wise to put the down payment onto a credit card (and then immediately going to the bank and paying it off), that way the dealer can't fuck you over. A big dealer may not do this, but if you're shopping at a janky place, you should definitely do this.

10% of your monthly income MAX. I'm not sure if this is supposed to include insurance for the car, but I believe it only applies to the loan. Remember, the more expensive the car, the more expensive the insurance.

4 year loan. Pretty self explanatory. You don't want to be stuck with the car for longer than four years. Granted, if you want to own the car for the rest of your life, do what you will, but if you buy a car and then two years later realize you hate it, you don't want to be stuck with it for another five years (or be forced to roll that equity into another car because you're really fucking stupid and impatient). Seriously though, 7 and 8 year long loans are a thing now and should be AVOIDED LIKE THE PLAGUE.

1/3 your annual budget. This is the most important rule. You don't want a years worth of your money rolling around where some soccer mom can run into it and make half of it go *poof* when she runs a red light and your insurance decides that they don't like it as much as you do. If you want a nicer car, go out and get a better job.

>I'm a poorfag that can't afford $20k car without going in debt
>that means so is everyone else
really activates your almonds

This. There are "fun cars to drive" that don't cost six figures. Not to mention the depreciation of cars in general.

>10% monthly income
>1/3 annual budget on total

Even with adding costs of insurance, fuel, and basic maintenance to a 10% monthly income payment, you shouldnt be spending a 1/3 of your annual budget on a car.

Oh you mean the total purchase price of the car. I got it.

What's the non-plebian one?

cont.

So say for example, you're making 70k a year. 70,000 / 3 = 23,333k You can round up if you're feeling foolish. This is the max you are recommended to spend on a car. You might get a nice pre-owned GTI or something else that's already suffered from depreciation but still has years of life on it.

A Cayman optioned with some of the more common/popular options and built like the one in the picture costs about $66,470 before tax and interest.

Excluding tax because I don't know where you live, and pretending for a moment that you have good (but not great credit (since you're here on Veeky Forums asking stupid financial questions), we'll assume you get a nice 5% APR.

66,470 x .05 = $3323.5 = $69,793.5 after interest but before taxes.

This puts the price of the car at 100% your annual budget. To give you an extreme visual: No eating, no electricity, no paid rent, no gifts for someone else, no NOTHING for a year, to pay for this car.

Assuming you put the 20% down, since you're obviously going to finance it to break it up over time, you'd have to put $13,294 down. You could use this money on an appreciating asset like a house, for example, but we want that Cayman.

So in reality, you're actually financing about $53,176 of the car, because you paid for all of your options in cash. This puts your actual interest at about $2,658.8.

tbc...

Screenshoted. I swear to fuck 4 days on /o has more solid financial advice than /biz etherium pump and dump shitlords.

I would add tho that owning shit is a liability but those people should understand that already.

>muh paid for mansion and supercars.

Faggot door to door avon salesfag breaks thier foot tripping over your lawn ornament. Sues. Wins. Now owns

>muh paid off mansion and supercars.

However, if you borrow against it annually or more then people just win your debt. Bonus points for faggots that cant manage money losing it to the banks anyway.

Plus u have millions in loans for more investments that is tax free. Figure 10% interest max. Essentially you can figure u borrow till u die and never pay full tax on it.

God i cant wait to be rich...

Sad news bro. If u in america u pay the same in hidden tax and wagebux

The fuck company user. Explain your shit. Id give anything for freedom

Meh. Even with 100mill i would drive shitboxes.

My dads a mechanic with a shop tho. So when u difure any car u drive cost parts price at cost or less to repair you can drive 45 year old shit daily cheaper than mest descent cars. Or about the same if u consider fuel. But my commute is short and my antique hotrods get more looks than any nice car i have been in.

Oh wow thanks for the elaborate answer, I understand and my dreams of owning a cayman are kinda destroyed haha
Guess an engineer's salary is not enough for it

That's like
>i'm here to eork not to make friends.
>i'd rather be happy than rich.

Is it greedy to just want both?

Yes, you can only either drive a Civic for 3k or a Rolls Royce. No in between.

I am way over 80k a year, but I drive f150.

You could go for a 987, those can routinely be found around 20-25k.

Yeah I'm doing a lousy job explaining this, but I'm going to keep trying anyways.

$53,176 + $2658 = $55,834.8 in financed dollars. Doing the recommended four year loan, that roughly (depending on how your loan calculates interest), breaks down into payments of $1,163.25

($55,834.8 / 48 = $1,163.25)

Now you're making $70k a year. So let's calculate that 10% of your monthly income shall we?

($70,000 / 12 = $5,833.33 x .10 = $583.33)

That puts the Cayman at around >20% of your monthly income for payments. You'd better be living in a studio apartment.

Bottom line: If you want a Cayman at $70k a year annual budget, go find a very nice used one.

cars.com/vehicledetail/detail/692874797/overview/

Sad. My folks are pretty much the same. I lnew from a houng age growing up ina trailer park that we were not well off. Never went without. But used hand me down shit was the norm. Broke my fucking heart when oil went up. Dad bought a new king ranch and mustang gt and shop and rebuilt his shitty house new. Bought some land and after like 50 years in the oil field had 2 shitty oil wells to speculate on that werent working.

Then the bottom dropped out as we all knew it would. Now he makes less than i do.

Hell, he put a bored out bigblock in a chevy truck and just gave it to me.

Not much into computers and he likes harbor frieght. They wuit putting a phone number on the magazine a few months and he called me over to drink beer and circle shit. Had me order like $1,000 worth of shit i dont even need.

I just moms pretty much the same way but her and my stepdad make less.

Just hope i get rich so I can take care of them all. Poor father in law isnt doing so good. And my other pretty much father in law is about to die broke saying he worked his entire life for nothing.

Fuck... and now we at risk this very second for fire burninging everyones shit. Cattle and oil are the only 2 incomes around here and both got fucked this year...

Plase halp

Your dream shouldn't be dead at all! As I posted here and user mentioned here, you can still get into one.

But note that a ten year old Porsche Cayman S is worth $23,000... and that's assuming it wasn't driven on a daily basis. (Average mileage for a car is about 10k a year).

If you buy a $70k Cayman and drive it every day, you're going to be in for a shock when you go to sell it... that is if you do! If you wanna keep it for the rest of your life you can and depreciation doesn't matter at that point. But is a Porsche Cayman really worth keeping that long? And if it gets in a wreck you'll be in trouble.

An older, well taken care of Cayman is in your budget, will provide all of the same thrills you'll find in a newer one, and you won't feel the stress of having to pay bills when you get done driving it.

You'll also be able to afford to fix it when something breaks.

Not if.

Never give up. Dont hope for or depend on luck. Work your ass off physically and mentally and u will be fine.

Real estate may bot be your answer. Its shilled because the government rewards you for it and banks love loaning against it. Plus supply and demand and the fact that most of us dont live in mud huts.

Just all araound less risk higher reward and easier.

But you could work harder trading pokemon cards and do the same thing bro.

TOPKEK. acceptable for me to buy $30,000 car. Desperatly trying ro wina shitbox that costs 1/10th of that.

Am i doing it right?

I make about 110k a year in NC. Drive a 2016 Mazda 6 MT. Most people in analytics steer away from flashy.

>75-80k a year
>2015 mustang gt premium
> after dealing and trade 23k note with a 300 a month payment and 0 interest.

>muh property tax.

Owning any land at all... ever...

$20 dual brand shotty walmart radio. Some of them dont even play cds anymore but they all have usb, aux, and bluetooth.

Getting very close to buying a few

Laid up for a year. Crippling medical debt.

Yup. 2nd this

Used Lexus is the best choice.

I'm 31 years old and not a libertarian you stupid whiny ass little kid. Go fuck your cat...

Fucking hell i hope you are an illegal mexican. We are gonna make america great again u fucking faggot.

80k? I think i had a new nissan altima when i made that. It isn't much in so-cal.

...