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View Poll Results: What's your annual income? | |||
under 30k | 29 | 8.01% | |
30k-40k | 22 | 6.08% | |
40k-50k | 27 | 7.46% | |
50k-60k | 27 | 7.46% | |
60k-70k | 38 | 10.50% | |
70k-80k | 41 | 11.33% | |
80k-100k | 50 | 13.81% | |
100k-150k | 66 | 18.23% | |
150k-250k | 33 | 9.12% | |
over 250k | 29 | 8.01% | |
Voters: 362. You may not vote on this poll |
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11-16-2007, 10:51 AM | #221 | |
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However since finances tend to be unique to the individual and the advice here is at best general in nature, there's a disconnect. So I'll just say "Caveat Empor" and leave it at that. |
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11-16-2007, 11:12 AM | #222 |
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11-16-2007, 12:57 PM | #223 |
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11-17-2007, 09:21 AM | #225 |
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A car is an investment regardless of the fact that most depreciate. As you mention, its impact on your finances is no different from anything else.
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11-17-2007, 10:00 AM | #226 | |
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Just curious! |
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11-17-2007, 10:29 AM | #227 | |
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Seriously... all the "OMG this car is overweight!" comments kinda sting, because the 128i is only about 125lbs heavier than my Z4, and it has a backseat! Still one of the best handlers out there though... :biggrin: |
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11-17-2007, 10:30 AM | #228 |
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I'm just a jet mechanic in the airforce. I buy my cars soly on there tuning potental and cost effectivness as aa tuning platform. I'm saving up 10k while overseas to get myself somthing nice when I get home.
but you all can give me a pay raise. write your congress man today! |
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11-17-2007, 01:07 PM | #229 | |
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In the end though it's your money and your life, so the decision is up to the individual. I do have to add that today's actions can have negative impacts on one's future, which can then negatively impact others and that can be a cause for concern. |
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11-17-2007, 04:14 PM | #230 | |
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A car is not an investment, a depreciating asset yes, an investment no. |
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11-17-2007, 05:34 PM | #231 | |
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A new car is never an INVESTMENT. It's an EXPENSE (lease) or a DEPRECIATING ASSET (buy). |
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11-17-2007, 05:37 PM | #232 |
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07-15-2008, 11:35 AM | #234 |
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No offense, I can afford the car, but do not look down on those who spend over a certain % of their gross income on a car. Here are the facts:
We are born on this earth and are all going to die someday from something. Life is definately a bitch to understand more often than not, so if there is anything that you can do to make each day on this hellhole a little bit better then do it. Whether that be buying a motorcycle or a car that people say you can't afford, to getting drunk every night an being an alcoholic. |
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07-15-2008, 11:57 AM | #235 |
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I looked at buying a 135i. I can afford it no problem with my mortgage too. After he told me it would be for 74-84 months to pay off the 135i, I told him to thanks. I will drive my Honda that is paid off.
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07-15-2008, 12:46 PM | #236 |
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Ohh boy, i guess I was late with this party, i guess i was busy sweating at my hedges, shorts and bets. Whewww, troublesome econonomy...up and down, down and down,and then down again, i only have little time to contribute. Income, disposable, gross or what not. Amazing indeed, economics is not just plain math or percentages, it has evolved into factoring lifestyles,desires,wants and how to fund these. Affordability is subjective indeed. Others consider this thread hilarious..i agree but the threads merits, even assuming it is skewed are something to look at. Some may argue on the moral grounds, some would preach, some will curse but the real contribution of this forum and the thread is that it gives us a snapshot of who can and will buy a 33K and 43K car. Aside from that, i think it can serve also as a reflective moment for those who really want it and those who wants and can afford it. Now I am preaching, flame away if you want. Let us reflect on the question, is this a car that i can afford? What is my intent in buying it? What are the qualities that this car has that i am willing and be able to afford it. What does it satisfy that i am willing to pay for it. Will I take a sacrifice just to be able to get this car? Ok, i am off topic/thread now but i cant answer the survey question. It all depends on how much i will take as winnings on my hedges. Lets just say i am buying the 135 because it is a fun performance car,has a little novelty associated with it, has a connection to history,good looks, and not so expensive for what you are getting (this is relative). Till next...happy trails
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07-15-2008, 03:59 PM | #238 | |
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Net-net - no one on this forum is in a position to criticize anyone's decisions. (Except mine, to live in NJ) |
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07-15-2008, 05:52 PM | #239 |
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Coming up from a Civic here. But this is long overdue! I've just been waiting for the right car- a Mini Cooper-S was in my sights, but then I found out about the 135!!!
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135i Montego Blue, Grey Boston Leather, MT, Sport Package, Premium Package, Navi, Premium Sound, Heated Seats, iPod.
[SIGPIC][/SIGPIC] We search for certainty and call what we find destiny. Everything is possible, yet only one thing happens. -Michael and Ellen Kaplan |
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07-15-2008, 07:41 PM | #240 |
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Well it seems although i've been a member of this forum for months, I somehow missed this thread. It all seems very interesting to me.
Many members do know that yes Heinzftw is a bagger at the local grocery store. (pun intended) But, fact of the matter is that being a bagger for me is just a stepping stone while in the retail business. Next position in line for me is checker that is around $10/hr. I am now about to start college and have been keeping myself busy by working 2 jobs for around 60+ hours a week. And, a matter of fact yes, I could afford a 1 series. But, that isn't financially feasable right now for me. Right now, I am putting 40% savings 20% checking 20% pocket, and the big one 20% into 401k. So being nearly 18 years old, what is everyone's best advice for me? :smile: |
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