What percentage of your yearly income do you spend on your car?
Car - TC - City

2016 Chevrolet Malibu (19K) - TC 210K - San Francisco
10%

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Wouldn’t you want to annualize the value over the expected life of the asset? Doesn’t really allow for meaningful comparisons if you don’t. At any rate:

2017 BMW X1 (55K) - TC 170K - Atlanta - 32%

likesmart

Calling BS on this whole thing. 24 and TC $170k? Lmao

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I’m the outlier and I don’t care, no other debt. I love my car!

2019 S4 (49k OTR) making 102k TC.

likefunny

Bimmer fanboy coming in hot

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5% of my yearly income goes towards my 2016 BMW X1, which I bought for 35K. It’s a completely redesigned X1 which launched in 2016 and feels more like an X3. It’s a great car and nothing beats the pleasure of driving a BMW

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I read this as “cat"

smartfunny

30-40%

Personally not interested in the percentage of someone’s yearly income the car is worth, don’t think that’s a valuable measure at all. Would be more interested in hearing car payment as a percentage of either gross/net monthly income. I’ll start 2017 bmw m2 8.7% gross/14.5% net

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2019 Tesla 60k, $250 HHI, 24% but that seems like a strange metric to me.

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Own $34k BMW - TC $120k

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2010 Honda Civic (16k price) - TC 180K - DC 2-3%

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I don’t have a car but I am dreaming of an m2 that would be 46% of my annual salary

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I’m guessing it’s the issue of reliability / maintenance.

helpful

0

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I’m not sure if I’m understanding this question correctly but I lease a pretty nice Audi A5 for $500 a month. That’s $6000 a year and my salary is in the neighborhood of 300, notwithstanding bonuses, etc. so 2%. Los Angeles.

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500k cash

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New 2019 Toyota RAV4 ($30K). Somewhat regret buying brand new rather than 1-2 years old but body style change in 2019. TC ~$180K

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0, i'm in NYC!

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Corporate lease, including options and gas:
2019 Mercedes C200d - 43K - Brussels
Not even 5%

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2015 Mustang GT (30k)

Base Salary is 77.5k

I’m a pretty big car enthusiast and cars are really the only expensive hobby I have, but I enjoy them. Sold 2 of my Miatas to get into this.

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Lease 2 vehicles, 12% monthly income

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2015 Subaru Forester - 140K - Houston
1%

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A4 lease for $340/mo, $3k down. TC $400k. Honestly would drive a Malibu too if my wife would allow it. Live in a city so don’t drive much

OP - Is this an opportunity to tell everyone what you earn or your question was really on the car. All I see is an opportunity to talk about your annual salary. And sorry who brags about a Chevy !!!

I got this car when my salary was half of what it currently is 😇

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$32k car/$124k salary, 0% financing over 6 yrs

but I spend 0% of my income cuz hubby pays it 😂

Good hubby

3 Vehicles - 1 older SUV paid off - 0, 1 vintage weekend two seater joy-ride paid-off - 0, a minivan total cost equivalent to 5%-6% of annual salary spread over 5 years.

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