Author Topic: Hypothetical question (Read 2329 times)

Jadeveon Clowney · « **on:** January 10, 2013, 09:58:36 PM »

You're a car guy. How much money would you have to be taking home per month to justify a $100k porsche? w

#1 Klaus fan · « **Reply #1 on:** January 10, 2013, 10:01:44 PM »

But I'm not a car guy.

Jadeveon Clowney · « **Reply #2 on:** January 10, 2013, 10:03:02 PM »

Quote from: #1 Klaus fan on January 10, 2013, 10:01:44 PM

But I'm not a car guy.

that's why it's hypothetical.

tommywishbone · « **Reply #3 on:** January 10, 2013, 10:03:30 PM »

I'm a cat guy.

Jadeveon Clowney · « **Reply #4 on:** January 10, 2013, 10:05:29 PM »

Quote from: tommywishbone on January 10, 2013, 10:03:30 PM

I'm a cat guy.

ok, i'll rephrase - how much would you have to be taking home to buy a $100k cat (that you could actually ride to work - so it would be of some utility)?

tommywishbone · « **Reply #5 on:** January 10, 2013, 10:08:13 PM »

Quote from: Jadeveon Clowney on January 10, 2013, 10:05:29 PM

ok, i'll rephrase - how much would you have to be taking home to buy a $100k cat (that you could actually ride to work - so it would be of some utility)?

$100,000 for a cat? That better be a damn nice cat.

To your question sir: Low $200,000+ bonus, with stability and the prospect of moving up.

tu_holmes · « **Reply #6 on:** January 10, 2013, 10:17:12 PM »

Whew... That's actually a hard question.

Personally, I'd say I'd have to have a guaranteed salary of about 250K.

That's just me though.

Some people make 70K and buy 40K cars.

mass243 · « **Reply #7 on:** January 10, 2013, 10:17:35 PM »

Per month.... hmmm... personally around 10k a month.
That may be a bit low for such an expensive car but a man is a man

Coach is Back! · « **Reply #8 on:** January 10, 2013, 10:24:28 PM »

Quote from: Jadeveon Clowney on January 10, 2013, 09:58:36 PM

You're a car guy. How much money would you have to be taking home per month to justify a $100k porsche? w

$16800. Rule of thumb, is don't buy a car that is more than 1/2 of your yearly income. $100k car = $200k income

Jadeveon Clowney · « **Reply #9 on:** January 10, 2013, 10:27:36 PM »

Quote from: mass243 on January 10, 2013, 10:17:35 PM

Per month.... hmmm... personally around 10k a month.
That may be a bit low for such an expensive car but a man is a man

I don't know if porsche would finance it if you only made 10k a month - some other lender might, but then your interest rate would be so high you might be in a tough spot. if you made 10k, you would take home about 7k(i think).... assume 2-3k for just fixed monthly expenses, 2k for the car (bad financing terms)... then add insurance. doesn't leave a whole lot of cushion before you have to start digging into savings.

Jadeveon Clowney · « **Reply #10 on:** January 10, 2013, 10:33:28 PM »

also, if you have a family, i think you would have to be making at least 250k.

arce1988 · « **Reply #11 on:** January 10, 2013, 10:35:02 PM »

at least 10k net per month

Jadeveon Clowney · « **Reply #12 on:** January 10, 2013, 10:37:37 PM »

seems like the consensus is about 220k gross, fixed.

BIG ACH · « **Reply #13 on:** January 10, 2013, 10:53:47 PM »

Quote from: Jadeveon Clowney on January 10, 2013, 10:37:37 PM

seems like the consensus is about 220k gross, fixed.

Happy shopping :-)

AVBG · « **Reply #14 on:** January 10, 2013, 10:55:16 PM »

If you have to calculate this scenario then the reality is you CAN'T afford it

garebear · « **Reply #15 on:** January 10, 2013, 11:20:37 PM »

What if there were no hypothetical situations?

Roger Bacon · « **Reply #16 on:** January 10, 2013, 11:21:32 PM »

Quote from: garebear on January 10, 2013, 11:20:37 PM

What if there were no hypothetical situations?

haven't you trolled enough for one day Garrett?

Coach is Back! · « **Reply #17 on:** January 10, 2013, 11:23:20 PM »

Quote from: garebear on January 10, 2013, 11:20:37 PM

What if there were no hypothetical situations?

How can you afford your rickshaw?

garebear · « **Reply #18 on:** January 10, 2013, 11:24:40 PM »

Quote from: P.I.P on January 10, 2013, 11:21:32 PM

haven't you trolled enough for one day Garrett?

Just getting warmed up, buddy!

Roger Bacon · « **Reply #19 on:** January 10, 2013, 11:26:10 PM »

Quote from: garebear on January 10, 2013, 11:24:40 PM

Just getting warmed up, buddy!

Let me know if you need anything at all!

garebear · « **Reply #20 on:** January 10, 2013, 11:33:48 PM »

Thanks, but I'm sure you'll leave me some low hanging fruit.

Jadeveon Clowney · « **Reply #21 on:** January 10, 2013, 11:34:37 PM »

Quote from: AVBG on January 10, 2013, 10:55:16 PM

If you have to calculate this scenario then the reality is you CAN'T afford it

I tend to agree... seems hard to justify a car like that when you're young because it's basically just a huge self-indulgence. but you can't go through life denying yourself everything. are you the guy with the 550i?

Roger Bacon · « **Reply #22 on:** January 10, 2013, 11:35:39 PM »

Quote from: garebear on January 10, 2013, 11:33:48 PM

Thanks, but I'm sure you'll leave me some low hanging fruit.

lol

garebear · « **Reply #23 on:** January 10, 2013, 11:44:00 PM »

Quote from: P.I.P on January 10, 2013, 11:35:39 PM

lol

By the way, what the hell are you doing up at this hour?

Roger Bacon · « **Reply #24 on:** January 10, 2013, 11:46:40 PM »

Quote from: garebear on January 10, 2013, 11:44:00 PM

By the way, what the hell are you doing up at this hour?

I drank a Redbull right before my workout at 8:00 est. I've laid in bed for the last three hours twitching, so I said fuck it and pulled out my laptop.