View Poll Results: What % of NET monthly income is spent on car payment?
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Poll-% of net monthly income for car payment?
#12
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Join Date: Feb 2005
Location: Colorado Springs, CO
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My Ride: 2002 330CIC with Sports and Premium (Sold 4/2005)
2005 545I Black Saphire Metalic, with Black Dakota Leather, Poplar trim. Sport Package, MTech Body kit and Spoiler, HUD, Comfort Seats, Navigation, Premium sound, CWP, Heated Rear Seats, Window shades. Valentine 1 hardwired, Aux input.
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Bottom line:
You buy appreciating assets, and rent assets that depreciate.
You buy appreciating assets, and rent assets that depreciate.
#13
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Join Date: May 2005
Location: London, UK
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My Ride: 535d Auto M Sport delivered 04/10/05, Carbon Black, Beige Ventilated Nasca Leather, Dark Poplar Wood, Media Pack - Sat Nav Pro, Bmw Assist, Bluetooth phone prep + telematics + snap in adapter for Nokia 6230i & 6 CD, Visibility Pack - bi-xenons, adaptive headlights and Headlight Wash, HUD, High Gloss Shadow Line, Extended Lights, HiFi System, Extended Voice, M Spoiler and Heated/ventilated f/seats. Chrome Grills. M Double Spoke 19" Mixed Wheels 172 with 245/35 front and 275/30 rear (Non-runflat continentals) Spare wheel and jack. Supaglass.
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You guys think yourself lucky - 1 bedroom flat in an area nice enough to have your E60 outside ? $500,000. To be in England, in the summertime...
#15
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65k for 5 properties? where is that? in Miami???
Just to put things in perspective here in Hong Kong a (new) 750 sq. feet apartment 30-45 mins away from the CBD costs HK$2mil~. (256.4k USD)
A nice house 3000 sq feet with garden / pool and about 10 years old in southside/peak costs HK30mil minimum. (3.846 mil USD) Mind you although it's detached the next house is only 1-2 meters away.
Just to put things in perspective here in Hong Kong a (new) 750 sq. feet apartment 30-45 mins away from the CBD costs HK$2mil~. (256.4k USD)
A nice house 3000 sq feet with garden / pool and about 10 years old in southside/peak costs HK30mil minimum. (3.846 mil USD) Mind you although it's detached the next house is only 1-2 meters away.
#18
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Originally Posted by rodneyremington' date='Jul 12 2005, 11:55 AM
Take your net monthly paycheck and divide it by your E60 car payment (not any other cars payments) to get the %age spent on your E60. And be honest-it's anonomous so you are impressing no one.
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#19
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Join Date: Oct 2004
Location: So Cal, USA
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My Ride: 545iSMGSilver GrayAuburn Dakota LeatherLogic 7 Premium SoundSports Package
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Originally Posted by LuvE60' date='Jul 13 2005, 12:43 AM
Bottom line:
You buy appreciating assets, and rent assets that depreciate.
You buy appreciating assets, and rent assets that depreciate.
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