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View Poll Results: What's the most you've ever spent on a vehicle as a % of your household income?
I've never purchased a vehicle. 6 6.32%
Less than 10% of my annual household income at the time. 14 14.74%
10-25% of my annual household income at the time. 27 28.42%
26-50% of my annual household income at the time. 27 28.42%
51-75% of my annual household income at the time. 6 6.32%
76-100% of my annual household income at the time. 5 5.26%
More than 100% of my annual household income at the time. 3 3.16%
My servants track these sorts of things. 7 7.37%
Voters: 95. You may not vote on this poll

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Old 08-13-2014, 08:21 PM  
Rain Man Rain Man is offline
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For sale (sniffle). Apricot BMW.

I've had the apricot BMW for 12 years now, and it's an awesome car. But it's been our only car for about five years, and the wife has some hobbies where she needs to carry around bigger things (art canvases? art canvassi? art canvi?). We also got a taste of the new technology with a loaner a while back and were both intrigued. I love my little roadster and it look like it's straight off the showroom floor, but it makes no sense to own two cars. So anyone want a good deal on an awesome roadster convertible?

Anyway, it's kind of my wife's turn to pick the new car, and ... my god, who can afford to buy a new car these days? She was initially hoping to buy a brand new car, which we've never done, and she liked those Lexus SUVs. However, we sat down and started pricing out what she wanted and the price came to $61,157. That's not even fully tricked out. Admittedly, it was probably 80 percent of the way to fully tricked out, but come on. $61,000 for something that's going to depreciate? If I'm going to pay that kind of coinage, I'm buying a DeLorean or something. Fortunately, my wife also shook her head and said that we're not doing that.

I think we're going back to our standard approach of buying a two-year old car with relatively high mileage of 20,000 to 40,000 miles. We're low-mileage drivers, so we tend to convert high-mileage cars to low-mileage cars over time, and the mileage will pull the price down.

I'm pretty sure we're going to go with a 2014 BMW X1. We drove one for a couple of days this summer as a loaner, and it was really nice. It'll be big enough to satisfy my wife's hobbies, and you can buy a tricked-out one in the low $30s. If I can't sell my beloved apricot Z3 outright, we'll trade it in and can probably get the cost below $30k, which seems reasonable. Anyone got a good deal on a BMW X1 for me?

But seriously, how do these companies sell $60,000 vehicles? Many of the BMWs run in that range, the Lexus SUVs run that, and don't even get me started on the Porsches. I was kind of interested in that new SUV of theirs, but I'm not going to put off retirement to buy one.
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Old 08-15-2014, 07:01 AM   #136
HonestChieffan HonestChieffan is offline
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Thats just insane. I have a 5 bedroom house with a value of 170k. No way can a car be worth 42% of that.

Its mind blowing. If you are running full out stupid, you can get over 70 in a Denali. And the dealer said he had two fully tricked out 1/2 ton pickups that would hit 60.

Il say this, she wanted the 2015 Yukon and it is a dream to drive. Its not easy to figure out all the technoshit but once you do its very nice. And Mileage is better with under 1000 miles than the Enclave got at 60,000
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Old 08-15-2014, 07:44 AM   #137
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been sitting in storage for over ten years. pretty sure it would clean up nicely. i had forgotten it was even over there until i saw the picture you posted.

funny you just responded, i was just telling the guys we are going to get it running next week. its not mine but it might be. haven't heard from the owner in well over a year. lol.
That's awesome.

I've got another 18-months or so before I have the extra cash, and can start my search, but I will be after a 442 that I can fix up. It's stupid, because I don't know shit about cars. However, ever sense I was a kid, I wanted a 442 really bad. I think it will be a great project for my two Boy's and I to take on - obvously, with A LOT of help
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Old 08-15-2014, 07:53 AM   #138
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Hey rainman want to hire me?
Maybe. How good are you with a gun? And operating in deep cover?
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Old 08-15-2014, 08:00 AM   #139
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Maybe. How good are you with a gun? And operating in deep cover?

I'm on Jason Bourne level
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Old 08-15-2014, 08:16 AM   #140
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I'm on Jason Bourne level
For your interview, I will pm you a name of a randomly selected Chiefsplanet member. You know what to do next.
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Old 08-15-2014, 08:21 AM   #141
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Originally Posted by HonestChieffan View Post
Its mind blowing. If you are running full out stupid, you can get over 70 in a Denali. And the dealer said he had two fully tricked out 1/2 ton pickups that would hit 60.

Il say this, she wanted the 2015 Yukon and it is a dream to drive. Its not easy to figure out all the technoshit but once you do its very nice. And Mileage is better with under 1000 miles than the Enclave got at 60,000
One of my brother's employees just dropped 60k on a Ford pickup. I think it was an F-250.
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Old 08-15-2014, 08:41 AM   #142
Molitoth Molitoth is offline
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Seems some of you have similar taste to me and since both my cars have been mentioned in this thread, I suppose it's relevant enough to post them. =)


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Old 08-15-2014, 09:06 AM   #143
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So based on the poll, it appears that a frugal purchase would involve spending less than 25 percent of one's annual income and a vehicle, and a luxurious purchase would involve spending more than 25 percent. I find that interesting, but I guess it's not far from what I would have guessed.

It would be interesting to see if that threshold varies by household income. It seems like if you have a lower income you might have to go with a higher percentage, and if you have a higher income you might be satisfied with a lower percentage. But I wonder if that's really the case or if tastes adjust with income.
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Old 08-15-2014, 09:32 AM   #144
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I remember back in 99 buying a 2 yr old Dakota 4x4 with 14k miles on it for 10k. Trucks used to be why you'd get for cheap transportation. Its reeruned how expensive they are. Yet people buy em up. Incredible.
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Old 08-15-2014, 09:35 AM   #145
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Originally Posted by Rain Man View Post
So based on the poll, it appears that a frugal purchase would involve spending less than 25 percent of one's annual income and a vehicle, and a luxurious purchase would involve spending more than 25 percent. I find that interesting, but I guess it's not far from what I would have guessed.

It would be interesting to see if that threshold varies by household income. It seems like if you have a lower income you might have to go with a higher percentage, and if you have a higher income you might be satisfied with a lower percentage. But I wonder if that's really the case or if tastes adjust with income.
That's certainly my case.
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Old 08-15-2014, 09:42 AM   #146
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That's certainly my case.
the higher percentage of a lower income likely buys quite a bit less than a lower percentage of a higher income.
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Old 08-15-2014, 10:49 AM   #147
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I want one of these.



Maybe one day.
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Steron would the whole thing.Steron would the whole thing.Steron would the whole thing.Steron would the whole thing.Steron would the whole thing.Steron would the whole thing.Steron would the whole thing.Steron would the whole thing.Steron would the whole thing.Steron would the whole thing.Steron would the whole thing.
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Old 08-15-2014, 12:54 PM   #148
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If I get rid of my Cayenne I think I'm going with one of these: e46 M3 vert

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Old 08-15-2014, 01:14 PM   #149
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I want one of these.



Maybe one day.
The "Baby Porsche".
Fun car, love those things. A buddy had one in high school and it's a damn good thing it didn't run half the time or we would've died in it.
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Old 08-15-2014, 02:34 PM   #150
ChiTown ChiTown is offline
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the higher percentage of a lower income likely buys quite a bit less than a lower percentage of a higher income.
true, true
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