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What's your gross salary and what's you car?

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245

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  • Closed Accounts Posts: 32,688 ✭✭✭✭ytpe2r5bxkn0c1


    What a stupid and invasive question!:mad:

    Earn:75k
    Car:30k and changed every 2 years

    or was it Earn:125K Car: €1500.

    Remember where you are. All is never as people paint it!


  • Moderators, Arts Moderators Posts: 36,506 Mod ✭✭✭✭pickarooney


    seamus wrote: »
    Whatever you can afford.

    One thing you can be sure of is that when you see someone who looks under 30, driving a car that's €40k new, you know that they've either expanded their mortgage or locked themselves into a crippling motorloan just so they can have people think that they're loaded. Either that or it's a company car.

    Or they are loaded, or the car is stolen, belongs to their ould fella...


  • Registered Users, Registered Users 2 Posts: 740 ✭✭✭junior_apollo


    I woulda thought the average is something like... Car is worth around 50-60% of salary (buying new)... and half that for second hand...?


  • Registered Users, Registered Users 2 Posts: 17,727 ✭✭✭✭Sherifu


    3 Billion, F-16 Fighting Falcon.


  • Closed Accounts Posts: 10,815 ✭✭✭✭Dord


    I ain't got no car. :p


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  • Closed Accounts Posts: 86 ✭✭Punchesnpeaches


    You live on a boat? Who needs a car/salary? Me is jealous.


  • Closed Accounts Posts: 86 ✭✭Punchesnpeaches


    I'm a starving student on scholarship and borrow my boatmates Corvette, so does that count?

    Sorry, I forgot to quote this in my above post :o


  • Registered Users, Registered Users 2 Posts: 41,163 ✭✭✭✭Xavi6


    Bit over 30k in euro, drive an 01 Hyundai Accent.


  • Registered Users, Registered Users 2 Posts: 58,456 ✭✭✭✭ibarelycare


    I drive a beautiful Golf :) (04), bought it 2nd hand this year. Worth about 55% of my salary.


  • Closed Accounts Posts: 2,972 ✭✭✭SheroN


    If a car is costing you 55% of your salary, you can't afford that car (in my opinion).


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  • Closed Accounts Posts: 17,208 ✭✭✭✭aidan_walsh


    Enough, city line No. 2. Well, take not drive...


  • Registered Users, Registered Users 2 Posts: 58,456 ✭✭✭✭ibarelycare


    SheroN wrote: »
    If a car is costing you 55% of your salary, you can't afford that car (in my opinion).

    That completely depends on the individual's situation. I still live with my parents so pay very little rent, only bill I have is my phone bill, have no mortgage, no children. So I can more than afford it!


  • Closed Accounts Posts: 27,252 ✭✭✭✭stovelid


    I see all these nice cars about but how much do you actually need to earn to drive certain cars...
    .

    Aye, because everybody in nice cars actually own them. Just get yourself up to your neck like everybody else..


  • Closed Accounts Posts: 22,559 ✭✭✭✭AnonoBoy


    I earn a decent amount of cash every year.

    I live in Dublin city so I don't need a car.

    Now begone with your questions.


  • Registered Users, Registered Users 2 Posts: 81,060 ✭✭✭✭biko


    Salary: more than I deserve
    Car: Volvo S40


  • Closed Accounts Posts: 5,844 ✭✭✭Honey-ec


    SheroN wrote: »
    If a car is costing you 55% of your salary, you can't afford that car (in my opinion).

    She didn't say it was costing 55% of her salary, she said that's what it's worth.

    The purchase price of my car was 78% of my gross salary, but the monthly cost is only 20% of my net monthly pay.


  • Hosted Moderators Posts: 10,661 ✭✭✭✭John Mason


    i drive a ****ty 2000 car, whcih i hate and dont earn anywhere enough money to keep me in the lifestyle i should be accustomed to :(


  • Registered Users, Registered Users 2, Paid Member Posts: 14,565 ✭✭✭✭fits


    I drive a ****tyish car too. But its my first and I bought it with money I'd saved rather than with a loan. So I'm proud of it in a way. Gonna keep it until it dies/rusts.

    Its worth about 6.6% of my enormous (ish)* salary.


    *By ish, I mean not at all enormous.

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  • Registered Users, Registered Users 2 Posts: 3,812 ✭✭✭smokingman


    Mine was 35% of my annual salary....I'm in the "safe" zone :)


  • Registered Users, Registered Users 2, Paid Member Posts: 21,380 ✭✭✭✭Stark


    6 figure salary
    Mk 3 penis enhancer.


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  • Closed Accounts Posts: 143 ✭✭and2


    01 BMW 316... dunno whats it worth, got it cheap a couple of years ago..
    suppose its worth 1/3 of salary


  • Registered Users, Registered Users 2 Posts: 661 ✭✭✭thewing


    My car is 3% of my salary - prefer to spend my money on other things. Still takes me everywhere I need to go without any problems


  • Registered Users, Registered Users 2 Posts: 14,030 ✭✭✭✭Cuddlesworth


    Ehh, 2 or 3% of my salary I think. And I will run that car into the ground before I spend another penny on it. That being said it rarely gets me from A to B, but hey "you pay monkeys, you get peanuts".


  • Closed Accounts Posts: 272 ✭✭von Neumann


    Earn: enough to pay the rent.
    Car: -500 euro it would cost me to get rid of it :o.
    Stupid nct milarky: might have to splash out 15% of salary on something from the same century as where in now.


  • Registered Users, Registered Users 2 Posts: 1,699 ✭✭✭Slaanesh


    When I tried to do the calculation using windows calculator. Carcost/Income = "Cannot divide by zero". Free cars ftw!


  • Closed Accounts Posts: 32,688 ✭✭✭✭ytpe2r5bxkn0c1


    SheroN wrote: »
    If a car is costing you 55% of your salary, you can't afford that car (in my opinion).

    Nonsense! :rolleyes: If you can't afford a car valued at 55% of your salary you are doing something wrong in managing your funds. Value of the car is the price when you buy new. You will have the car for 2 or 3 years and have a residual value when trading in. Granted it takes a few years to get to this level but once you have worked up to it it's easy to maintain. I manage it no problem and have 3 kids (2 in college away from home), a wife and home to keep.


  • Registered Users, Registered Users 2 Posts: 9,827 ✭✭✭Royale with Cheese


    Not earning much as I'm still a pover student, but I can't see myself ever spending big money on a car.

    Always wanted my dad to get a Merc or a Beamer when I was younger because I thought they were cool and he could afford one, but he got brand new Passat in 99 and still has it and it's running perfectly.He refused to spend big on a car, saw it as a waste of money. Although brand new passats were hardly cheap.

    Now I'm older I 100% agree with him. Gonna get something that is cheap to run, hopefully that doesn't break down too much, and isn't something awful like a Micra. Ugh, I'm turning into my dad.


  • Moderators, Science, Health & Environment Moderators Posts: 23,291 Mod ✭✭✭✭godtabh


    May car is worth about 2% of my salary.

    Its an old car so thinking of upgrading to a car around 20% of my salary


  • Registered Users, Registered Users 2 Posts: 4,051 ✭✭✭gazzer


    I drive an 01 Punto. Its worth about 7% of my salary.


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  • Closed Accounts Posts: 298 ✭✭farva


    seamus wrote: »
    One thing you can be sure of is that when you see someone who looks under 30, driving a car that's €40k new, you know that they've either expanded their mortgage or locked themselves into a crippling motorloan just so they can have people think that they're loaded. Either that or it's a company car.

    I'm 22 in my first real job after colege, currently drive a jeep worth about 20% of my salary but am in the process of buying a 2008 Audi A4 that is going to be about 80% of my gross salary give or take depending on bonuses, pre July the car would have cost about €55k. I'm into cars so I dont really mind spending a bit on cars.

    The main reason that I'm buying it is because I'm getting it on the cheap in the UK and it'll cost me very little to run and virtually nothing (fingers crossed!!) in depreciation. I've done my homework on the maths and it makes financial sense for me to buy it, even though there is a big initial outlay.

    Am I the only one who has spent or is spending a proportion like that on a car!?!


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