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Reply to "At what income is it appropriate to buy a 200k car?"
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[quote=Anonymous][quote=Anonymous]Less about income, more about net worth. I'd want at least a $3.5 - $4M net worth and obviously plenty of disposable annual income to afford the insurance, maintenance, etc. If you make $1.5M and live on $1.5M, there's no margin for an ultra luxury car. What's your net worth and what are your annual expenses?[/quote] Our net worth is around 3m. Very low annual expenses. We probably spend around 250k per year. We are used to living on 500k income. Back then, we had student loans plus nanny expenses. I now stay home and DH earns triple what we used to earn.[/quote]
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