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| The Pub For General Automotive Related Talk |
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18-06-2015, 08:00 PM
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#61 | ||
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Regular Member
Join Date: Apr 2006
Posts: 480
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On the face of it; he has a good paying entry level job so he is off to a good start compared to many others his age and he also has a car that he likes. Without knowing how much he borrowed or what his other financial circumstances are who can make any judgement and really why should they.
For all we know he could have received a lump sum off his parents as a gift; have saved hard; got an inheritance; has an otherwise low cost frugal lifestyle and/or maybe he is paying his parents off rather than a bank. He might also see the car as a long term keeper and something that won't be available new post 2017. He might also be an only child and can expect to inherit a house and more when older so he can live the dream now. |
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18-06-2015, 08:05 PM
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#62 | |||
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Banned
Join Date: Sep 2009
Location: launceston TAS
Posts: 1,847
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18-06-2015, 08:07 PM
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#63 | ||
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FF.Com.Au Hardcore
Join Date: Apr 2013
Posts: 3,318
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If he hasn't got any kids, doesn't drink/smoke/gamble/party/eat take-away..then those repayments would be a walk in the park.
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18-06-2015, 08:21 PM
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#64 | ||
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FF.Com.Au Hardcore
Join Date: Jul 2005
Location: Victoria, The no fun state
Posts: 1,668
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HULK my car is a clapped out 2000 honda accord that is a had me down from my mum would I be driving this at 33 hell no if I made enough I'd get a f6.
Yes my car is a piece of crap the auto flares and slips into gear the struts are gone but I'm grateful to have it it's reliable it get's me from a too b yes, and yes the only reason I drive it is cause of my financial situation but I also beleive in not getting into too much debt will only borrow max 40& of a car's value so I'm not beyond my means. |
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18-06-2015, 08:23 PM
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#65 | ||
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FF.Com.Au Hardcore
Join Date: Apr 2012
Location: Taromeo
Posts: 10,584
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I must be a real idiot then.
I bought a $50 plus thousand dual cab for cash and I don't have any income! 
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18-06-2015, 08:53 PM
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#66 | ||
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Banned
Join Date: Sep 2013
Posts: 2,087
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I know two guys that drive a amg c63
One bought it brand new for $150k+ and its less than 50% of his income The other guy is a fair bit younger, bought his c63 2nd hand with 80,000km, paid it $75k but its still more than 100% of his income. Pretender. |
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18-06-2015, 08:55 PM
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#67 | ||
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FF.Com.Au Hardcore
Join Date: Nov 2009
Posts: 3,876
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The young guy who goes out and spends 90 grand on a future classic and keeps it till he's an old man is probably better off than the rest of the motoring public that spends 20-30 grand updating their Hyundai or Toyota every 7 or 8 years.
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18-06-2015, 09:12 PM
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#68 | |||
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FF.Com.Au Hardcore
Join Date: Dec 2012
Location: Adelaide
Posts: 2,252
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Quote:
JP |
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18-06-2015, 09:13 PM
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#69 | |||
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If it ain't broke........
 Join Date: Dec 2007
Location: Sunshine Coast Qld
Posts: 18,717
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__________________
Visitors welcome Relatives by appointment only |
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18-06-2015, 09:14 PM
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#70 | |||
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FF.Com.Au Hardcore
Join Date: Dec 2012
Location: Adelaide
Posts: 2,252
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Quote:
JP |
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18-06-2015, 09:21 PM
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#71 | |||
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FF.Com.Au Hardcore
Join Date: Sep 2009
Location: Kalgoorlie
Posts: 712
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Quote:
My household income is $210,000 Am I a pretender?, am I living beyond my means? Am I trying to be bigger than I am? |
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18-06-2015, 09:27 PM
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#72 | ||
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FF.Com.Au Hardcore
Join Date: Dec 2004
Location: The Shakey Isles
Posts: 3,428
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Have you asked him why he didnt just get a 5 sec Camry ?
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18-06-2015, 09:29 PM
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#73 | ||
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FF.Com.Au Hardcore
Join Date: Dec 2012
Location: Adelaide
Posts: 2,252
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Hulky boy does have a sort of point...
An old adage drilled into me buy many a wiser old person, why are they always wiser? Hmmm??? Drive a car worth half your annual salary and live in a house worth three times your salary and you will be financially secure. I wonder how that stacks up today? We are doing ok and are pretty much line ball with that philosophy? Admittedly their are 4 cars and no payments on them and we own the house so no more payments either, Im showing off again sorry? pretending to be wise. Balls. JP |
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18-06-2015, 09:31 PM
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#74 | |||
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Fossil fuel consumer
 
Join Date: Jul 2005
Location: Mod For: Pub, Bar, Sales Yard, Show 'N Shine, Photoshop, AU to BF, FG to FGX, Territory & Sports Bar
Posts: 17,050
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Re: Car you drive as a % of income
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