Quote:
Originally Posted by DB_Cooper
If you don't have a wife or kid(s), and normal overhead costs you can afford cars more expensive than a BMW, all the while making less than $100k.
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Less than 100k but more expensive than a BMW? If you mean like a non-M 3 series then sure, but BMW goes pretty high these days. Even if you’re single and make 100k it is probably very unwise to buy or lease a $100k car, for example. Just being able to make a monthly payment doesn’t mean one can truly afford it I think. I’m not gonna say you need to make a million a year to buy a 911, but if your car’s MSRP is > your salary then you’re asking for trouble. Excepting those with cash or savings etc. Especially if you live in a high cost of living area. In northern NJ a single bedroom apartment that isn’t an old garden apt is running like $2200+ a month right now.