Under what Financial Circumstances would you purchase a $100,000 Vehicle?
- Thread starter Stuntone
- Start date
Womb Raider
sigh….*unzips pants*
This. When I can pay that note, not worry about rent/mortgage, utilities, food, saving and going out? Then I’ll pay for a 100k whip. Until then, ima stick with this Lex.When 1500/month doesn't affect my ability to pay my other bills
funkee
All Star
people splurge on all kinds of shyt. if you make enough that doesn't affect your bills, retirement, savings, etc, then it's not a big deal if it fits well into your budget. I and my wife are debt free and we each make 5 figures a month after taxes. 2-3k in car notes if it's a guilty pleasure wouldn't affect our ability to invest, own a home, or do other things. not everything a person purchases has to be an appreciating asset. some people spend on jewelry, some on clothes/shoes, some on eating out, some on vacays, and some on cars. nothing wrong w/ any of it if it's easily affordable and doesn't affect your day to day or long term goals.
Secure Da Bag
Veteran
You want us to have a 5 figure salary and get a 100k car? How does a car compare to having multiple chains 100k/ea?
DropTopDoc
20/20 Vision With my Buffs On
It’s a lot of people in 100k cars drowning in debt, but I’d have to be either a millionaire, or retired comfortably and the kids out the crib
Sauce Mane
Superstar
I know a guy that bought Jeep Trackhawk for around 80k I believe, I didn't ask how much he's paying for it monthly but I know he brings close to 100k from his job.
Thing is, he still lives in the projects
In his situation, I would rather move out to a better apartment or buy a house at this point. It's not my money and I'm not trying to judge him or anything but I would definitely not buy such an expensive car if I were in his shoes.
Thing is, he still lives in the projects
In his situation, I would rather move out to a better apartment or buy a house at this point. It's not my money and I'm not trying to judge him or anything but I would definitely not buy such an expensive car if I were in his shoes.
nikka no, shut the fukk up with these poor ass hotep rules
Millionaires and multi-millionaires finance cars all the time. And no you don't need to own a paid off house to make an expensive purchase.
All that matters is that you can comfortably take care of the car payments and maintenance while taking care of other things in your budget.
Only if I'm an influencer and can use it for a business 
For 90%+ of people, buying a depreciating asset is dumb af unless you have serious bread. Leasing is a viable option for most.
IF I COULD AFFORD TO BUY 2 OF THEM. MY HOUSE WOULD HAVE TO BE PAID OFF ALSO.
beenz
Rap Guerilla
you'd be surprised by the # of folks financing 6 figure cars that still have a mortgage payment.