At what HHI would you feel comfortable buying an $80-90k car?
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Anonymous
| Just curious. |
Anonymous
| $500k |
Anonymous
| $1m |
Anonymous
| $2m |
Anonymous
Seems foolish if you don’t have significant net worth. |
Anonymous
| Never. Waste of money. |
Anonymous
| $800k |
Anonymous
| Never |
Anonymous
| Never for me. I would have to be absolutely loaded and even then, it’s dumb. |
Anonymous
| 50 million |
Anonymous
| Never. |
Anonymous
|
You should have asked "if you have a $80-90k vehicle, what is your HHI?"
None of the posters above have a $80-90k car. |
Anonymous
| I bought a $50K car with $180K but it would depend on my savings, and expenses. Paid cash. No family help or anything. |
Anonymous
| Net worth for us is over 10M, HHI is ~400K, and we would never consider purchasing a vehicle like that. We buy top-of-the-line Hondas (the dealership is close-by) but have never found it worth the bragging rights. A car is a car, make sure it is nice and reliable and fits its purpose, but after that, it is just trying to show off. Rich people generally do not like to show off their money. New money likes to show off. |
Anonymous
| $1M I guess, if we loved it for some reason. We're at ~$550k and I scoffed at the title, so clearly not yet. |