General > Random Chat
How much do you need to earn to buy a 35k car?
Poverty:
everyone thinks this is about me lol. Couldnt ever pay 679 a month to pcp something, 840 a month on hp is also alot of money. I mean say I was taking home 2200 a month and pay 860 a month on the car that would leave 1340 a month, and once you have paid for v power, insurance,mods and maintenance and just general living thats not alot?
Another reason that made me start this poll is because of the amount of 30-40k cars I see around london, and not the rich parts either, owned by people with families etc, and I just wonder how they do it?
Jules86:
Joint income mate. If i increase to where i should and the missus stays on or increases slightly i could afford a nissan gtr in 2 years, wont happen though as life is never that straight forward!
Jules86:
--- Quote from: Lean on May 06, 2010, 11:33:45 pm ---
--- Quote from: wigit on May 06, 2010, 11:17:28 pm ---
--- Quote from: Jules86 on May 06, 2010, 11:13:14 pm ---Would rather own my own property than have a £35k car at the moment, its makes more sense to buy a house in the current low market than a car (as much as i would love to)
--- End quote ---
wise words :drinking:
--- End quote ---
Indeed but wiser words are... wait and buy a house when the repossession begin to fill the housing market as the interest rate returns northwards people are going to be caught out.. particularly those who think they have a bargain now.
Sit tight and save for now
--- End quote ---
Its not that simple mate, many many more variables. I saved £40k buying mine when i did as its increased by that now so im happy.
Edition30:
I would say if your in a 3-40k+ job your likely to have a company car and it would work out cheaper anyway. It works like that for a family member. Gets an allowance and can add to it if he requires. Basically get a GTI for about £60 a month or something ridiculous.
edd666999:
More than a 10% deposit imo is how they do it! Maybe trade in + savings?
I pay 1k a month on mortgage n bills only just leaves enough for the gti, food, insurance, fuel, savings n living. Can't see £2200 being enough!
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