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Reply to "At what HHI would you feel comfortable buying an $80-90k car?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]As expected, you’re getting a lot of answers from people who don’t like cars, can’t imagine that anyone else could, and want to judge people who do. Whatever. Driving a crappy old car to your house with the Subzero refrigerator and Wolf range doesn’t make you morally superior. As someone who likes cars, I don’t think the answer is tied to income, so much as when you have sufficient funds to pay your mortgage, other expenses, retirement and college savings, and have enough left over to pay cash for the car. (Note: you don’t have to actually pay cash — dealers often have special deals for financing that make it make financial sense to do so. You just should be able to pay cash, if needed.) if having a nice car is a priority for you, that number will be different from those who prioritize other things. [/quote] Seems correct. Odd question, overall. At what HHI do you pay $2k for a suit? $10k for a watch? $60 for a steak? Gosh, I don’t know! [/quote] The answer is (suit) never, (watch) never, and (steak) if work is paying for it.[/quote]
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