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Feb 12, 2019
6:14
:14
pm
warp
All-American
When you can pay cash
And I have found that my rule of thumb of only buying cars & toys that I can pay cash for has served me very well.
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warp
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warp
Joined
Oct 22, 2003
Last login
Jan 27, 2024
Total posts
5,469 (0 FO)
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Messages
Author
Time
POLL: At what annual income level should you be justified in buying a car for 90k?
blackandblue
2/12/19 5:58pm
Not until you've purchased a $100k boat
Plato
2/12/19 6:00pm
Really depends where you live and how much you spend.
Y2k
2/12/19 6:01pm
K. Assume Utah as place of living.
blackandblue
2/12/19 6:04pm
Diminishing returns on cars after $60,000. What more do you get for $30,000?
PJMort
2/12/19 6:09pm
If I had 90k, I would buy used
JOPE
2/12/19 6:20pm
I could see myself buying vehicles for between 40k-50k. But those are going
Powerbait DPM studnt
2/12/19 6:23pm
need more info. is this your first year in the 250-500k bracket? or 12th?
BlueFrog
2/12/19 6:03pm
TNT need money please help
TNT
2/12/19 6:26pm
<< Deleted >>
Buffalo
2/12/19 6:08pm
250K at least as long as no other debts. If other debts besides home, then you
cougaman
2/12/19 6:14pm
When you can pay cash
warp
2/12/19 6:14pm
If you’re going to have a nice car you either a) need to not care if it gets nicked or dirty or b) have enough money to
CrimWalCoug
2/12/19 6:14pm
Finanically independent
Baron
2/12/19 6:15pm
Cars over $75k should be bought with cash.
HarlemCoug
2/12/19 6:18pm
This is sound advice
gww687
2/12/19 6:19pm
You mean like the bank’s cash?
garyfan
2/12/19 6:19pm
Financing that much is dumb.
Blue Ghost
2/12/19 6:36pm
You beat me to it. if you have to finance a car at 90k.......?
Agnostic-alumni
2/12/19 6:56pm
$2/mill per year
Mr. Belding
2/12/19 6:19pm
There is always a better investment or charity than buying a $90k car
NOCAL_YFAN
2/12/19 6:21pm
Not everything in life is about ROI.
garyfan
2/12/19 6:24pm
*shrugs*
TNT
2/12/19 6:25pm
It’s not income that matters. It’s wealth.
YIsForBrigham
2/12/19 6:29pm
This answer only matters to an individual. Who cares what anyone else would do?
FiveTen-BuckEighty
2/12/19 6:47pm
So what you are saying is don't buy a car for 90k if you make less than 100k?
ochobeeguy
2/12/19 7:25pm
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