At what income is it appropriate to buy a 200k car?

[Anonymous]

This thread just turned me into a communist

[Anonymous]

Anonymous wrote:

Anonymous wrote:Man here who owns an exotic sports car (paid for in cash). I was at the salon last week and the woman next to me was arranging to get some styling done. I didn't listen closely enough to what she wanted done, but the price was $250. To me, that seems extravagant.

In other words, to each their own.

Lol. I think women's hair styling costs are ridiculous too. But try getting someone to do a "magic straight hair perm" for less than $250. Perms cost 100 plus and the ones to make the hair straight costs a whole lot more. I hate the high cost but those are market rates for people like me with very curly and unruly hair.

Try finding a car with XX horsepower, a 0-60 time of under Y seconds, and a drag coefficient under Z. There's the justification for why a sports car costs $200k.

[Anonymous]

My DH bought a 110k car after making a ton of money in tech. $5mm net worth. It’s our only car. It’s expensive to insure, expensive to garage, repairs cost a ton, and it can barely fit the car seats we have, let alone stuff for a weekend trip. I’m in a public interest field and am too uncomfortable to drive the car around for work or let our friends see it. I have always disliked that car, even if it’s a pleasure to drive.

[Anonymous]

Anonymous wrote:My DH bought a 110k car after making a ton of money in tech. $5mm net worth. It’s our only car. It’s expensive to insure, expensive to garage, repairs cost a ton, and it can barely fit the car seats we have, let alone stuff for a weekend trip. I’m in a public interest field and am too uncomfortable to drive the car around for work or let our friends see it. I have always disliked that car, even if it’s a pleasure to drive.

So, why not buy a second family car for yourself?

[Anonymous]

Anonymous wrote:

Anonymous wrote:My DH bought a 110k car after making a ton of money in tech. $5mm net worth. It’s our only car. It’s expensive to insure, expensive to garage, repairs cost a ton, and it can barely fit the car seats we have, let alone stuff for a weekend trip. I’m in a public interest field and am too uncomfortable to drive the car around for work or let our friends see it. I have always disliked that car, even if it’s a pleasure to drive.

So, why not buy a second family car for yourself?

Because then we’d have to pay all the expenses for a second car. We live in the city and pay for a garage. I’ll just continue to treat DH’s baby like the minivan I wish it were

[Anonymous]

Please share this with DH

https://www.youtube.com/watch?v=mzeW4ycpTWY

[Anonymous]

I hope OP bought the 200k car or even went for the 300k car. There too many ignorant people who don't know the joy of drive a great ride.
Have you seen Jay Leno's garage? Some of us like cars or bikes while you waste money in useless and expensive makeups.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My DH bought a 110k car after making a ton of money in tech. $5mm net worth. It’s our only car. It’s expensive to insure, expensive to garage, repairs cost a ton, and it can barely fit the car seats we have, let alone stuff for a weekend trip. I’m in a public interest field and am too uncomfortable to drive the car around for work or let our friends see it. I have always disliked that car, even if it’s a pleasure to drive.

So, why not buy a second family car for yourself?

Because then we’d have to pay all the expenses for a second car. We live in the city and pay for a garage. I’ll just continue to treat DH’s baby like the minivan I wish it were

Somehow I think you can afford a $40K car and a garage.

[Anonymous]

I'm in the never camp. That much money on a car is obscene. There are people who are hungry, homeless, dying because they don't have access to healthcare, etc etc. Indulge something far less expensive, and donate the extra to someone who really needs it, or an organization helping those in need. It's about values.

[Anonymous]

Anonymous wrote:I'm in the never camp. That much money on a car is obscene. There are people who are hungry, homeless, dying because they don't have access to healthcare, etc etc. Indulge something far less expensive, and donate the extra to someone who really needs it, or an organization helping those in need. It's about values.

+100000

[Anonymous]

Anonymous wrote:I'm in the never camp. That much money on a car is obscene. There are people who are hungry, homeless, dying because they don't have access to healthcare, etc etc. Indulge something far less expensive, and donate the extra to someone who really needs it, or an organization helping those in need. It's about values.

But, but they value the car!! Seriously, if someone is making that much to afford a $200k car I think they can also still afford to give to causes they believe in. They don’t have to be mutually exclusive.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Never. Travel with that money. Donate it. Cars are not worth that much, plain and simple.

Travel is not worth it. Plain and simple. Cars are so much more fun. I am a girl. I will take cars over any travel.

Have you ever traveled? Travel can be amazing! And you have the memories to re-live when they are over. With a car that expensive I would worry about being car-jacked!

[Anonymous]

Anonymous wrote:DH wants to buy a 200k sports car. He is late 30s and earns around 1.5m per year. Right now we both drive luxury SUVs (80k).

Does anyone know how much a car this expensive loses its worth when they drive off the lot?

[Anonymous]

Anonymous wrote:

Anonymous wrote:I'm in the never camp. That much money on a car is obscene. There are people who are hungry, homeless, dying because they don't have access to healthcare, etc etc. Indulge something far less expensive, and donate the extra to someone who really needs it, or an organization helping those in need. It's about values.

But, but they value the car!! Seriously, if someone is making that much to afford a $200k car I think they can also still afford to give to causes they believe in. They don’t have to be mutually exclusive.

Once the money is spent on a car, it can't go anywhere else. So yes, for that $200k it is literally mutually exclusive

No matter how much they give to charity, they could give more if they didn't buy the tacky car

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm in the never camp. That much money on a car is obscene. There are people who are hungry, homeless, dying because they don't have access to healthcare, etc etc. Indulge something far less expensive, and donate the extra to someone who really needs it, or an organization helping those in need. It's about values.

But, but they value the car!! Seriously, if someone is making that much to afford a $200k car I think they can also still afford to give to causes they believe in. They don’t have to be mutually exclusive.

Once the money is spent on a car, it can't go anywhere else. So yes, for that $200k it is literally mutually exclusive

No matter how much they give to charity, they could give more if they didn't buy the tacky car

Legit question- do you donate all of your excess funds to charity?