Car you drive as a % of income - Page 2

Binny · 18-06-2015, 05:15 PM

I don't give a rats whether the million plus people a year who buy new cars can afford it.
Its means there are more 2 to 3 y/o cars for me to choose from at half the new price.

Franco Cozzo · 18-06-2015, 05:18 PM

Don't underestimate young adults living at home with parents.

100% disposable income and save like a champion if they sit at home and smash out Xbox 24/7 instead of partying and drinking like the rest.

If I had an 'entry level' job that paid $60K/year id be driving around in an R35 GTR by now

Phildo · 18-06-2015, 05:21 PM

Quote:

Originally Posted by HULK_I6T

There is a young guy from my work that drives a brand new VF HSV GTS. He is mid 20s and has an entry level job likely pays around $50-60,000 per year

He says he bought the car brand new and he is paying it off.

Have lunch with him and ask him.

On the flip side, if there were a few thousand a month more like him then Holden and Ford wouldn't be closing down manufacturing here, and we'd have a future supply of awesome Aussie cars to have fun with.

BENT_8 · 18-06-2015, 05:28 PM

Quote:

Originally Posted by Binny

I don't give a rats whether the million plus people a year who buy new cars can afford it.
Its means there are more 2 to 3 y/o cars for me to choose from at half the new price.

Thats how i view it.

bangm001 · 18-06-2015, 05:34 PM

50-60K of legit money... $$$$ in illiget....... lol

MrEL · 18-06-2015, 05:34 PM

I reckon the ****** on this website being all up in arms about everyone else's business is trying to be bigger then he is.
Who is responsible for Hulk to have had his ban lifted again? Does he have a financial interest in this forum or threaten legal action each time he is banned?
To keep letting this poor excuse for a human back on is making a joke of the warning system. How can you expect people to behave when Hulk's efforts set the yardstick?

Seriously Hulk the best part of you come out on the tip of your Mums next customer.....................

**buggerlugs** · 18-06-2015, 05:36 PM

I liked it better when he was permanently banned. Another riveting thread........

39ClevoUte · 18-06-2015, 05:40 PM

When I started work (back in the early 70s) I was on $52 a f/n in as an apprentice. I looked around and ending up buying a base model 1300 Escort (brand new) for around $2200. The repayments were around $50 a month.
It was an experience I have never repeated.

**Charliewool** · 18-06-2015, 05:48 PM

Might be a good move by the young bloke if he's a car nut?
Back in my early 20's, If I had of bought a brand new Phase3 ($5000) instead of tipping tens of thousands into modding cars and bikes, I would've been miles better off financially... (Wouldn't have had a 1/10 of the fun or experience though!)

BENT_8 · 18-06-2015, 05:51 PM

Quote:

Originally Posted by MrEL

I reckon the ****** on this website being all up in arms about everyone else's business is trying to be bigger then he is.
Who is responsible for Hulk to have had his ban lifted again? Does he have a financial interest in this forum or threaten legal action each time he is banned?
To keep letting this poor excuse for a human back on is making a joke of the warning system. How can you expect people to behave when Hulk's efforts set the yardstick?

Seriously Hulk the best part of you come out on the tip of your Mums next customer.....................

LOl, say what you like about Hulks threads, but atleast he gets people talking, even if it is **** talk.
Right now there are only about 8 threads in the Pub that are being actively posted in and this thread is outpacing all of them.

And as i referred to in my thread in the site support section, the Forum has never been so quiet for the Mods as it is right now, so i dont think he's necessarily lowering the standards at all.

Controversial, but harmless all the same.

I love ya Hulk, but in saying that, most people hate me, so i dont know where that leaves you really....****, now i've confused myself, pass the pipe Bro.

blueoval · 18-06-2015, 05:58 PM

Quote:

Originally Posted by BENT_8

LOl, say what you like about Hulks threads, but atleast he gets people talking, even if it is **** talk.
Right now there are only about 8 threads in the Pub that are being actively posted in and this thread is outpacing all of them.

And as i referred to in my thread in the site support section, the Forum has never been so quiet for the Mods as it is right now, so i dont think he's necessarily lowering the standards at all.

Controversial, but harmless all the same.

I love ya Hulk, but in saying that, most people hate me, so i dont know where that leaves you really....****, now i've confused myself, pass the pipe Bro.

That's probably half the reason his ban was lifted for the 6th time in the first place. Some people thrive on the drama and perhaps it gets the visit meter ticking over nicely when his threads cause controversy?

701let · 18-06-2015, 05:59 PM

Quote:

Originally Posted by BENT_8

Who cares, hes not asking you to buy his lunch for him.

What does he think of your drug abuse, coz you're off ya guts.

Hahahaha best call ever...

On a serious note I'm very concerned about hulk. I think He may have serious psychological problems

Stefan · 18-06-2015, 06:04 PM

I've got to admit I was thinking about this the other day, I drive $10-$20K cars as daily myself and I'mam due for an update in the next 6-12 months. I thought hey I should buy a nice car ($50-$60K) and realised that don't get you much.

Next logical thought is how are dudes buying (read financing) 70-100K HSVs, FPVs, Euro SUVs. I pay cash, surely people arn't dropping $100K cash on a car?

I just cant justify that type of expenditure on a car...just buy another property instead.

Oh well I'll jut buy a low km XR6T for $20K to play dodgem car in Sydney traffic and be laughed at as a bottom feeder.

BENT_8 · 18-06-2015, 06:07 PM

Quote:

Originally Posted by blueoval

That's probably half the reason his ban was lifted for the 6th time in the first place. Some people thrive on the drama and perhaps it gets the visit meter ticking over nicely when his threads cause controversy?

Aha, now its catching on...

zilo · 18-06-2015, 06:15 PM

I always said to the kids, don't spend a lot of money on the car, save up for the garage first

BENT_8 · 18-06-2015, 06:18 PM

Quote:

Originally Posted by zilo

I always said to the kids, don't spend a lot of money on the car, save up for the garage first

Fair point, the last thing you want is your new purchase damaged by the elements...

Whitey-AMG · 18-06-2015, 06:20 PM

If you've been on the forums for less than 3 years and you have more than 1500 posts then you are spending too much % of your time posting which means you are posting beyond your means.
The post barometer of over 2.7 posts per day would suggest that it's way over the public acceptance level and as such should be more like 1 post per couple of days.

What's the maximum % of a day's post value to annual posting that's acceptable before it's posting beyond your means / showing off?........

superyob · 18-06-2015, 06:26 PM

Inheritance?

I have to admit, for the codswallop that Hulk posts, it draws many viewers...

BENT_8 · 18-06-2015, 06:27 PM

Quote:

Originally Posted by Bluey-GT

If you've been on the forums for less than 3 years and you have more than 1500 posts then you are spending too much % of your time posting which means you are posting beyond your means.
The post barometer of over 2.7 posts per day would suggest that it's way over the public acceptance level and as such should be more like 1 post per couple of days.

What's the maximum % of a day's post value to annual posting that's acceptable before it's posting beyond your means / showing off?........

Hmm...(365x9)+120ish)/3161=1.07

I really am an anti-social *****, but im doing it within my means, so im content.

superyob · 18-06-2015, 06:32 PM

Quote:

Originally Posted by BENT_8

Hmm...(365x9)+120ish)/3161=1.07

I really am an anti-social *****, but im doing it within my means, so im content.

Did you add interest at the current variable rate?

**Charliewool** · 18-06-2015, 06:54 PM

I'd prefer a good old tasty, controversial Hulk thread here on AFF, than watching that crap bum sniffing game that we had to endure on Ch9 last night?
Common theme is... Both bring out the bogans

burnz · 18-06-2015, 06:55 PM

Quote:

Originally Posted by HULK_I6T

Im not talking about car repayments...

Im talking about value of the car vs income..

HSV VF GTS is a $95k car.

If hes earning $60k at best...

Those numbers say hes trying to be bigger than he is.

so it's jealousy?
you sir sound shallow, build a bridge!!

Smoke Pursuit · 18-06-2015, 07:06 PM

Wgaf?

I'd rather waste money on cars then grog or drugs. In saying that we aren't all the same.

Each to their own, if you spent more time working on your own issues in life you would probably be a lot better off. Life's not all about financial security.

Sabantien · 18-06-2015, 07:17 PM

Quote:

Originally Posted by Stefan

I've got to admit I was thinking about this the other day, I drive $10-$20K cars as daily myself and I'mam due for an update in the next 6-12 months. I thought hey I should buy a nice car ($50-$60K) and realised that don't get you much.

Next logical thought is how are dudes buying (read financing) 70-100K HSVs, FPVs, Euro SUVs. I pay cash, surely people arn't dropping $100K cash on a car?

I just cant justify that type of expenditure on a car...just buy another property instead.

Oh well I'll jut buy a low km XR6T for $20K to play dodgem car in Sydney traffic and be laughed at as a bottom feeder.

I reckon there'd be quite a few people who could drop 100k cash on a car. I only wish I was one of them.

My current car was from an insurance payout, and I did consider getting a bit of extra cash in a loan to get something nicer, in the end I figured i'd rather not be paying out any extra money.

At this point I think the only way I'd do it is salary packaging, but I'm content with this car for now. Maybe when second hand mustangs flood the market...

new2ford · 18-06-2015, 07:22 PM

Ours is worth 500% of our income but we expect the world to end in 3 weeks so it's not an issue.

Shonky. · 18-06-2015, 07:25 PM

Quote:

Originally Posted by HULK_I6T

True that it dont effect you and I...however cars are a status symbol, buying an expensive car is a way of saying to others in the carpark "im doing more than alright". But some people present this way but its not the case, is it.

You can get away with it on a social level but at work where everyone knows what you earn and who you are??

Its like calling yourself the CEO when your in reality the greenkeeper.

"being bigger than he is"

"showing off"

"trying to be something he's not"

You are projecting. That is how you feel and how you act.

You are very insecure and spend most of your time thinking about what others think.

Car enthusiasts on the other hand dont give a hoot what others think. They love what they love and spend way too much money on cars cause it makes them happy.

That is why you really don't fit in here.

We love cars

You do not

Itsme · 18-06-2015, 07:27 PM

Quote:

Originally Posted by HULK_I6T

There is a young guy from my work that drives a brand new VF HSV GTS. He is mid 20s and has an entry level job likely pays around $50-60,000 per year

He says he bought the car brand new and he is paying it off.

I did some sums in my head and the value of that car is almost twice his annual income. I'm thinking to myself he is trying to be bigger than be really is. Living beyond his means.

My barometer is if you drive a car that is valued more than 50% of your annual income your living beyond your means.

What's the maximum % of a cars value to annual income that's acceptable before it's living beyond your means / showing off?

To me that guy from my work should be driving a $15,000-30,000 car (maximum) to be living appropriately within his means.

Is your % appropriate? What is the right %?

Sounds like you have just met your match Hulky, the young fella is off to a better start in life than you, jealousy is a curse.

bradles024 · 18-06-2015, 07:28 PM

My current car is 1.05% of my yearly income. Oh well at least it's a ford lol

malazn mafia · 18-06-2015, 07:47 PM

Quote:

Originally Posted by Smoke Pursuit

Wgaf?

I'd rather waste money on cars then grog or drugs. In saying that we aren't all the same.

Each to their own, if you spent more time working on your own issues in life you would probably be a lot better off. Life's not all about financial security.

Don't get married or have kids is the most financially viable option in this day and age. Spend the money saved by avoiding these 2 activities, on things you love most..

Falcman0o7 · 18-06-2015, 07:55 PM

Who cares mate.
He's obviously doing OK then isn't he lol. Is his name Nevil?
If I could do it and wanted to do it I would but there's a bit more I'd rather do with my $ than put in into a car as much as I love cars.
Each to thier own mate, We are all equal in the end if you're worried about feeling like a under achiever :P
My % is ZERO and I can go alot more places than him to LOL.
No one NEEDs expensive cars. Some WANT them and some GET them.
Good for them!