What is your monthly budget?

[RWD4Life]

I forgot to answer my own question...I'm at 14% including payment, insurance, gas and maintenance.

[ShocknAwe]

Considering my wife and I are both students and this is our only car, not bad. Average estimate including loan, insurance, gas, maintenance, and mods: 23%

[lovesacdc]

$1500 a month for everything - lease repayment, fuel (30,000 km a year), rego, insurance, servicing, repairs and replacement parts etc.

[alvitdk]

Originally Posted by JimD

I'm spending about 2% of my gross monthly income on gas, taxes, and insurance for my 128i cabrio. I bought it with cash so I have no payment or lease expense. I have a SUV too but taxes, my biggest expense, is a lot less on it. So maybe 3% of my gross for both.

Maybe I should remember this math the next time somebody wants to assume I drive a 128i because that is what I can afford.

Jim

Same here, bought the car cash and spend about 2% on gas and insurance

[Pkaia524]

I'm right at 10%, approx. $1000/mo for payment, gas, insurance etc. but I drive 35,000 miles/yr so gas is $400/month.

[Brian135i]

I'm at 14% for payment, insurance and gas.

[Lambobimmer]

2% for me. Payment, Insurance, Gas and Maintenance.

Of course, this doesn't include the 10k that I spent in mods over the past 2 years.

[SpaceGhost]

About 9%

[dreamspeed]

Originally Posted by ejm3

I suspect the buyers of the 1-series tend to be younger without obligations like big mortgage payments, kids college tuition, retirement funding, etc.

That's why the percentage of income spent on cars is relatively high.
When I was right out of college I spent a relatively high percentage of my income on my car too. But I lived at home and had no other expenses except my car and beer money so it was no big deal. Now I wouldn't think of spending even 20% of our income on cars and I don't even have kids.

I'm sure if you ask this question over in the 5 or 7-series forums you'll get differenrt answers.

Exactly, the correct question should be what percent of your "disposable" you are spending

[rking117]

I have a 2011 128i, 2009 z43.0i and a Fiat 500 between the three well lets just say that is a lot. Much more than the 10-15%. The actual number is like 21.1%

[ZLuxuryLife]

18.15% Car + Insurance.

Up to an additional 6-7% (25% total) when including gas for one month.

I just moved to an apartment on campus, so I can project my gas expenses to decrease from here.