Moneybagg Yo gifted Ari a Bentley, she got him a Volkswagen

Remote

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I googled Bentley Flying Spur.

That’s a $200,000 to $300,000 car.

How much money do you need in order to afford that car? I don’t mean “Do you have $300,000?” I’m asking realistically for a person to afford that, what does their income need to be?
 

Piff Perkins

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I googled Bentley Flying Spur.

That’s a $200,000 to $300,000 car.

How much money do you need in order to afford that car? I don’t mean “Do you have $300,000?” I’m asking realistically for a person to afford that, what does their income need to be?
You could make 10mil a year and your accountant would still advise you against buying that car. It's a significant amount of money to invest in an asset that loses value the second you drive off the dealership parking lot.
 

Bumblebreh

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I googled Bentley Flying Spur.

That’s a $200,000 to $300,000 car.

How much money do you need in order to afford that car? I don’t mean “Do you have $300,000?” I’m asking realistically for a person to afford that, what does their income need to be?

On car finance, you could pay $25,000 as a deposit. Monthly payments would be around $4000 a month on a five year plan. On a lease it would cost around $3,000 a month. Ideally you need to be left with five figures a month after paying taxes and other expenses to afford a bentley in that price bracket. At least $250,000 a year for a lease.
 

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On car finance, you could pay $25,000 as a deposit. Monthly payments would be around $4000 a month on a five year plan. On a lease it would cost around $3,000 a month. Ideally you need to be left with five figures a month after paying taxes and other expenses to afford a bentley in that price bracket. At least $250,000 a year for a lease.
Pretty interesting.
:ehh:
 

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You could make 10mil a year and your accountant would still advise you against buying that car. It's a significant amount of money to invest in an asset that loses value the second you drive off the dealership parking lot.
:russ: funny how the smarter purchase would be the Volkswagen but people wanna clown on it
 
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