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

[Anonymous]

Why do rich people always ask dumb questions related to money?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.

Working class or lower middle class.

You would hate it too if your parents dragged you around the world all the time, when I all I wanted is to hang out with friends by the beach. Noooo, I had to see museums and ruins.

I grew up traveling and loved it. My mother is French and we spent the entire summer in France, but it was a jump spot for our adventures. I was soo lucky safari in Tanzania/Kenya, beaches in Thailand, crazy ass trip to Madagascar, traveled all over Turkey, amazing trip to Syria to see ancient biblical cities which in hindsight is heartbreaking. We also did a summer trip for 2 weeks in Alaska and got to hike to the base of Denali with heavily armed trail guides because of the grizzlies, i could go on and on. My childhood was charmed and I'm so grateful my parents loved travel and exposed us to so many parts of this beautiful planet. I mever once missed my friends and as I got older was sometimes able to bring one along.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.

Working class or lower middle class.

You would hate it too if your parents dragged you around the world all the time, when I all I wanted is to hang out with friends by the beach. Noooo, I had to see museums and ruins.

I grew up traveling and loved it. My mother is French and we spent the entire summer in France, but it was a jump spot for our adventures. I was soo lucky safari in Tanzania/Kenya, beaches in Thailand, crazy ass trip to Madagascar, traveled all over Turkey, amazing trip to Syria to see ancient biblical cities which in hindsight is heartbreaking. We also did a summer trip for 2 weeks in Alaska and got to hike to the base of Denali with heavily armed trail guides because of the grizzlies, i could go on and on. My childhood was charmed and I'm so grateful my parents loved travel and exposed us to so many parts of this beautiful planet. I mever once missed my friends and as I got older was sometimes able to bring one along.

This is living the good life with money. Personally I much prefer experiences over stuff. One could easily have this sort of life on a 1M income, but not luxury cars and homes at the same time and expect to provide for the future.

[Anonymous]

Anonymous wrote:At that income level, I'd buy a $350k Ferrari without even asking for my spouse's opinion.

At that income level, he's netting around $800K a year. You think it's appropriate to spend 45% of your annual net income on a car without discussing it with your spouse?

[Anonymous]

The only hesitation I would have is that you guys just started making this kind of money and you haven't saved much of it. Maybe work on saving and planning and then splurge in a few years once you are more settled into this new salary.

[Anonymous]

Anonymous wrote:

Anonymous wrote:This thread is full of envious people. If you can afford it, what's the big deal?

I don't know how to drive around in a $200k car knowing all the lives I could change with the, I dunno, $175k I could have saved if I just bought a normal car?
Start a scholarship fund, fund a dog shelter, I dunno. But spending $200k on a car is a perfect example of what's wrong with people.

Ah, another sanctimonious jerk. People like you make me never want to donate again.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Never.

I'm sorry to be that guy, but it just seems wrong to me.

+1, and not sorry.

http://www.directrelief.org

Do something good instead with that money.

I am sure he pays enough in taxes each year that dwarves whatever charity you are contributing.

+1

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This thread is full of envious people. If you can afford it, what's the big deal?

I don't know how to drive around in a $200k car knowing all the lives I could change with the, I dunno, $175k I could have saved if I just bought a normal car?
Start a scholarship fund, fund a dog shelter, I dunno. But spending $200k on a car is a perfect example of what's wrong with people.

You can say the same thing about any non-essential purchase. Did you buy any new clothes? New shoes? You bought a car other than a retired Crown Vic police car? Shame on you for wasting money instead of using that money to change other people's lives.

You may find it incomprehensible to drive around in a $200k car, but other people can. Your value system isn't superior on an objective basis.

Yes, you can say the same thing about any non-essential purchase, but the comparisons only go so far. OP's DH can buy a different luxury car for $100k, which is still way, way more expensive than any car most people could ever afford to buy AND still feed a hundred people for an entire year with the leftovers. I am upper middle-class in one of the richest countries in the world and the biggest splurges in my entire life are still many orders of magnitude smaller than $200k.

Typical rich liberal nitwit. It's okay if she does it. But anyone else richer than her or more extravagant than her - oh go feeeeed poorrr people!

This is why I can't stand most liberals. They have their own set of rules, and are not at all tolerant of anyone else. And yet they'll never see it.

OP - I say go for it. I am a car person myself. Just make sure your husband drives it and enjoys it!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This thread is full of envious people. If you can afford it, what's the big deal?

I don't know how to drive around in a $200k car knowing all the lives I could change with the, I dunno, $175k I could have saved if I just bought a normal car?
Start a scholarship fund, fund a dog shelter, I dunno. But spending $200k on a car is a perfect example of what's wrong with people.

Ah, another sanctimonious jerk. People like you make me never want to donate again.

No! Shes a LIBERAL! SHE ONLY DOES GOOD THINGS WITH HER MONEY! EVER!

[Anonymous]

Anonymous wrote:Never.

I'm sorry to be that guy, but it just seems wrong to me.

+10000

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This thread is full of envious people. If you can afford it, what's the big deal?

I don't know how to drive around in a $200k car knowing all the lives I could change with the, I dunno, $175k I could have saved if I just bought a normal car?
Start a scholarship fund, fund a dog shelter, I dunno. But spending $200k on a car is a perfect example of what's wrong with people.

Ah, another sanctimonious jerk. People like you make me never want to donate again.

If arguments on the Internet make you not want to donate to people in need, you're not the kind of person charities are looking for.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This thread is full of envious people. If you can afford it, what's the big deal?

I don't know how to drive around in a $200k car knowing all the lives I could change with the, I dunno, $175k I could have saved if I just bought a normal car?
Start a scholarship fund, fund a dog shelter, I dunno. But spending $200k on a car is a perfect example of what's wrong with people.

Ah, another sanctimonious jerk. People like you make me never want to donate again.

If arguments on the Internet make you not want to donate to people in need, you're not the kind of person charities are looking for.

LOL. Someone made me mad so suck it, starving children!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This thread is full of envious people. If you can afford it, what's the big deal?

I don't know how to drive around in a $200k car knowing all the lives I could change with the, I dunno, $175k I could have saved if I just bought a normal car?
Start a scholarship fund, fund a dog shelter, I dunno. But spending $200k on a car is a perfect example of what's wrong with people.

You can say the same thing about any non-essential purchase. Did you buy any new clothes? New shoes? You bought a car other than a retired Crown Vic police car? Shame on you for wasting money instead of using that money to change other people's lives.

You may find it incomprehensible to drive around in a $200k car, but other people can. Your value system isn't superior on an objective basis.

Yes, you can say the same thing about any non-essential purchase, but the comparisons only go so far. OP's DH can buy a different luxury car for $100k, which is still way, way more expensive than any car most people could ever afford to buy AND still feed a hundred people for an entire year with the leftovers. I am upper middle-class in one of the richest countries in the world and the biggest splurges in my entire life are still many orders of magnitude smaller than $200k.

Typical rich liberal nitwit. It's okay if she does it. But anyone else richer than her or more extravagant than her - oh go feeeeed poorrr people!

I am as liberal as they come, definitely not a car person (drive a mid-range Civic, and see no reason to change) and won't get anywhere that income level in this lifetime - and this post is spot on. The sanctimony and hypocrisy in this thread is amazing, but not at all surprising.

OP, you can afford the car (though, like a couple of other PPs, I'd probably wait until my net worth was a little higher before I pulled the trigger, and I am assuming you don't have any debt other than mortgage.) Whether it's appropriate or not is obviously a hotly debated question, and as you can see many people will look down on your DH if he buys the car. I personally wouldn't care, but it's something only you and he can decide. If he wants it, he can buy it and, after expenses, you still have about $350,000 to invest this year.

[Anonymous]

Anonymous wrote:Why do rich people always ask dumb questions related to money?

+100.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This thread is full of envious people. If you can afford it, what's the big deal?

I don't know how to drive around in a $200k car knowing all the lives I could change with the, I dunno, $175k I could have saved if I just bought a normal car?
Start a scholarship fund, fund a dog shelter, I dunno. But spending $200k on a car is a perfect example of what's wrong with people.

Ah, another sanctimonious jerk. People like you make me never want to donate again.

If arguments on the Internet make you not want to donate to people in need, you're not the kind of person charities are looking for.

I'm pretty sure charities are looking for the kind of people who have money to donate.