Can we afford a $105k Range Rover or LX570?

[Anonymous]

Anonymous wrote:I think of RR owners as real estate agents, small business owners, and others who can write off the expense, plus of course the athletes and other status hungry people. They aren't reliable, at all, so not a good buy unless aesthetics and status are far more important than function. Why not get an audi e-tron? It's about the same price, has similar status/aesthetic appeal, is crazy fun to drive, and helps from an environmental perspective.

Like I said earlier we live in a DC rowhouse with no parking pad so EV charging is note an option.

From an emotional standpoint, everyone likes what they like but I think the e-tron is kind of a dorky looking VW.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I think of RR owners as real estate agents, small business owners, and others who can write off the expense, plus of course the athletes and other status hungry people. They aren't reliable, at all, so not a good buy unless aesthetics and status are far more important than function. Why not get an audi e-tron? It's about the same price, has similar status/aesthetic appeal, is crazy fun to drive, and helps from an environmental perspective.

Like I said earlier we live in a DC rowhouse with no parking pad so EV charging is note an option.

From an emotional standpoint, everyone likes what they like but I think the e-tron is kind of a dorky looking VW.

So you are going to park it on the street? Do not get a nice car!!

[Anonymous]

Get a model x

[Anonymous]

once you're wealthy (you're on the way there), cars <5% of NW is a decent heuristic. I'd wait a few years on the Range/LX.

[Anonymous]

Anonymous wrote:once you're wealthy (you're on the way there), cars <5% of NW is a decent heuristic. I'd wait a few years on the Range/LX.

You're recommending up to 5% of NW for a depreciating asset that is typically replaced every 5 years or so?

[Anonymous]

I think the question you should be asking is can you afford not to buy a Range Rover.

[Anonymous]

Seriously??!!!! A $105 Range Rover!
No. No you don’t make enough.

[Anonymous]

So weird, we make hhi of 400k (me 150k, Dh 250k) but already have 2 kids in daycare/preschool and after that the publics and Ive always assumed we can’t afford these kinds of luxury cars because they were for the truly wealthy. We just drive Honda’s and I thought I was being fancy by getting the trim that gives you the leather interior lol. Guess I shouldn’t be so impressed anymore by people with expensive cars.

[Anonymous]

Anonymous wrote:So weird, we make hhi of 400k (me 150k, Dh 250k) but already have 2 kids in daycare/preschool and after that the publics and Ive always assumed we can’t afford these kinds of luxury cars because they were for the truly wealthy. We just drive Honda’s and I thought I was being fancy by getting the trim that gives you the leather interior lol. Guess I shouldn’t be so impressed anymore by people with expensive cars.

Yep, I agree, it is weird to make 400k and drive a honda. You have to live life at some point. If not now, when?

[Anonymous]

Anonymous wrote:

Anonymous wrote:So weird, we make hhi of 400k (me 150k, Dh 250k) but already have 2 kids in daycare/preschool and after that the publics and Ive always assumed we can’t afford these kinds of luxury cars because they were for the truly wealthy. We just drive Honda’s and I thought I was being fancy by getting the trim that gives you the leather interior lol. Guess I shouldn’t be so impressed anymore by people with expensive cars.

Yep, I agree, it is weird to make 400k and drive a honda. You have to live life at some point. If not now, when?

Is driving a 105k car living life?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So weird, we make hhi of 400k (me 150k, Dh 250k) but already have 2 kids in daycare/preschool and after that the publics and Ive always assumed we can’t afford these kinds of luxury cars because they were for the truly wealthy. We just drive Honda’s and I thought I was being fancy by getting the trim that gives you the leather interior lol. Guess I shouldn’t be so impressed anymore by people with expensive cars.

Yep, I agree, it is weird to make 400k and drive a honda. You have to live life at some point. If not now, when?

Is driving a 105k car living life?

Is having wild sex living life? Is hanging out on the beach in hawaii living life? Living life means enjoying it, and it's really hard to enjoy ocean city in a honda minivan

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So weird, we make hhi of 400k (me 150k, Dh 250k) but already have 2 kids in daycare/preschool and after that the publics and Ive always assumed we can’t afford these kinds of luxury cars because they were for the truly wealthy. We just drive Honda’s and I thought I was being fancy by getting the trim that gives you the leather interior lol. Guess I shouldn’t be so impressed anymore by people with expensive cars.

Yep, I agree, it is weird to make 400k and drive a honda. You have to live life at some point. If not now, when?

Is driving a 105k car living life?

Is having wild sex living life? Is hanging out on the beach in hawaii living life? Living life means enjoying it, and it's really hard to enjoy ocean city in a honda minivan

Obviously you want it really badly, so why ask a bunch of moms opinions on the internet?

[Anonymous]

Anonymous wrote:

Anonymous wrote:As a 33 year old with 2 kids and an income of $435 I would say no if you are planning to have a nanny and are going to be shelling out for an expensive preschool. The nanny, the classes, the childbirth costs (just hope your wife doesn't have complications and has generous mat leave), the preschool tuition... Save your $$

Why would you have a nanny AND preschool? Daycare/preschool centers fulfill both roles.

Preschool is not daycare - it’s 4 days a week from 8:30-11:30. I have a 6 month old at home and a 2 year old in preschool. Who is going to take care of my 6 month old while my 2 year old is in preschool? Who is going to pick my 2 year old up at 11:30 and make her lunch and do activities with her and my 6 month old in the afternoon? Who will take care of my 2 year old when she gets sick in the middle of the week and can’t go to preschool? Oh right, the nanny. Not the same. My husband and I work full-time and are schedules are demanding, so having a nanny from 8:30-5:30 helps a lot. It’s a luxury, but it’s a luxury I’d take over a Range Rover. It’s really about priorities. I don’t like being stressed out and it’s important to me that my kids get a lot of attention, especially when young. What’s not important to me is driving a status symbol car. Trying to impress upon OP that you don’t want to tether yourself to an expensive car and shut down options for yourself later.

[Anonymous]

Man, get over your car fetish. What are you, 13?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:As a 33 year old with 2 kids and an income of $435 I would say no if you are planning to have a nanny and are going to be shelling out for an expensive preschool. The nanny, the classes, the childbirth costs (just hope your wife doesn't have complications and has generous mat leave), the preschool tuition... Save your $$

Why would you have a nanny AND preschool? Daycare/preschool centers fulfill both roles.

Preschool is not daycare - it’s 4 days a week from 8:30-11:30. I have a 6 month old at home and a 2 year old in preschool. Who is going to take care of my 6 month old while my 2 year old is in preschool? Who is going to pick my 2 year old up at 11:30 and make her lunch and do activities with her and my 6 month old in the afternoon? Who will take care of my 2 year old when she gets sick in the middle of the week and can’t go to preschool? Oh right, the nanny. Not the same. My husband and I work full-time and are schedules are demanding, so having a nanny from 8:30-5:30 helps a lot. It’s a luxury, but it’s a luxury I’d take over a Range Rover. It’s really about priorities. I don’t like being stressed out and it’s important to me that my kids get a lot of attention, especially when young. What’s not important to me is driving a status symbol car. Trying to impress upon OP that you don’t want to tether yourself to an expensive car and shut down options for yourself later.

There are preschool programs within daycare centers that fulfill both roles so you would t need both a nanny and a preschool which would be way more expensive than just paying a center that does both full day care and preschool.