GT-R owner------Occupation ?
I just graduated university with a business degree. Nothing great...Now im stumped. Im working for 17 an hour at a food distribution company..I dont think i will ever get rich....Just me and my z
But,
I may do my cga and maybe that will lead me to riches..Im pretty old now...
24
But,
I may do my cga and maybe that will lead me to riches..Im pretty old now...
24
Bad idea. Especially with Obama coming into office. The best way to keep what you earn is through smart investing. Getting rid of your biggest tax shelter is a no-no if you want to stay under the $250k cap that Obama has drawn as a line in the sand. You can pay $90k to the US govt in taxes or you can get that GTR instead... If you can't figure out how to do this, you're not going to be hanging on to much of the $200k that you make.
That said, I opted to build my G rather so that I could pay taxes and insurance on a $35k car that to me now has the styling and performance I have always wanted. If my trans fails, it's 2k, not 20k to rebuild it. Just another option to consider. Happy New Year to all and sorry for the o/t. 
That said, I opted to build my G rather so that I could pay taxes and insurance on a $35k car that to me now has the styling and performance I have always wanted. If my trans fails, it's 2k, not 20k to rebuild it. Just another option to consider. Happy New Year to all and sorry for the o/t. 
The point is that if you had that much money, it'd be a better idea to dump it into something that doesn't depreciate so quickly when you are young.
Most people could only dream of making anything close to 200k a year. If you manage it properly I am sure something like a GT-R is well within reach. I am willing to bet a good portion of the GT-R owners here don't even make that much, but are smart with how they save and manage what they earn.
There is no one size fits all financial plan. 200k in San Diego is much different than 200k in Missouri, so throwing around a salary number means nothing without all the other data points.
For my wife and I who both agree to never have kids, life is very simple. We don't have the costs of raising children or the need to save for their college education. We don't have to concern ourselves with leaving a legacy behind. If I'm cash poor with a 2 million dollar house at age 70, I'll reverse mortgage it. Who cares - we have no one to pass it on to anyway besides maybe a charity. I'm not "baller" enough to pay cash for the GT-R - it will take 2 years to pay off - but I believe in having fun while young. I never wanted to be that guy that waits to buy a nice car and finally buys a Corvette at age 50 and putts around town in it.
For my wife and I who both agree to never have kids, life is very simple. We don't have the costs of raising children or the need to save for their college education. We don't have to concern ourselves with leaving a legacy behind. If I'm cash poor with a 2 million dollar house at age 70, I'll reverse mortgage it. Who cares - we have no one to pass it on to anyway besides maybe a charity. I'm not "baller" enough to pay cash for the GT-R - it will take 2 years to pay off - but I believe in having fun while young. I never wanted to be that guy that waits to buy a nice car and finally buys a Corvette at age 50 and putts around town in it.
There is no one size fits all financial plan. 200k in San Diego is much different than 200k in Missouri, so throwing around a salary number means nothing without all the other data points.
For my wife and I who both agree to never have kids, life is very simple. We don't have the costs of raising children or the need to save for their college education. We don't have to concern ourselves with leaving a legacy behind. If I'm cash poor with a 2 million dollar house at age 70, I'll reverse mortgage it. Who cares - we have no one to pass it on to anyway besides maybe a charity. I'm not "baller" enough to pay cash for the GT-R - it will take 2 years to pay off - but I believe in having fun while young. I never wanted to be that guy that waits to buy a nice car and finally buys a Corvette at age 50 and putts around town in it.
For my wife and I who both agree to never have kids, life is very simple. We don't have the costs of raising children or the need to save for their college education. We don't have to concern ourselves with leaving a legacy behind. If I'm cash poor with a 2 million dollar house at age 70, I'll reverse mortgage it. Who cares - we have no one to pass it on to anyway besides maybe a charity. I'm not "baller" enough to pay cash for the GT-R - it will take 2 years to pay off - but I believe in having fun while young. I never wanted to be that guy that waits to buy a nice car and finally buys a Corvette at age 50 and putts around town in it.
There is no one size fits all financial plan. 200k in San Diego is much different than 200k in Missouri, so throwing around a salary number means nothing without all the other data points.
For my wife and I who both agree to never have kids, life is very simple. We don't have the costs of raising children or the need to save for their college education. We don't have to concern ourselves with leaving a legacy behind. If I'm cash poor with a 2 million dollar house at age 70, I'll reverse mortgage it. Who cares - we have no one to pass it on to anyway besides maybe a charity. I'm not "baller" enough to pay cash for the GT-R - it will take 2 years to pay off - but I believe in having fun while young. I never wanted to be that guy that waits to buy a nice car and finally buys a Corvette at age 50 and putts around town in it.
For my wife and I who both agree to never have kids, life is very simple. We don't have the costs of raising children or the need to save for their college education. We don't have to concern ourselves with leaving a legacy behind. If I'm cash poor with a 2 million dollar house at age 70, I'll reverse mortgage it. Who cares - we have no one to pass it on to anyway besides maybe a charity. I'm not "baller" enough to pay cash for the GT-R - it will take 2 years to pay off - but I believe in having fun while young. I never wanted to be that guy that waits to buy a nice car and finally buys a Corvette at age 50 and putts around town in it.
Perhaps a better approach to this problem is to work backwards. First ask how much income does one need per year to purchase a GTR comfortably? Of course there is going to be great variation. Then ask what career path and what do you specifically do in that career path to reach that goal.
I was just using a personal scenario that I'm familiar with. In my opinion, even if I had an annual income of $200000, I would still not buy a GTR because it's definitely not chump change and I'd rather have a bigger house than a nicer car. A 350Z or a Corvette that is not a daily driver would provide me with plenty of fun regardless at a much lower cost.
Hence, which is why I've also said this...
In case you missed it before you focused in on the $200000/year figure.
I was just using a personal scenario that I'm familiar with. In my opinion, even if I had an annual income of $200000, I would still not buy a GTR because it's definitely not chump change and I'd rather have a bigger house than a nicer car. A 350Z or a Corvette that is not a daily driver would provide me with plenty of fun regardless at a much lower cost.
In case you missed it before you focused in on the $200000/year figure.
I was just using a personal scenario that I'm familiar with. In my opinion, even if I had an annual income of $200000, I would still not buy a GTR because it's definitely not chump change and I'd rather have a bigger house than a nicer car. A 350Z or a Corvette that is not a daily driver would provide me with plenty of fun regardless at a much lower cost.
And you are making a false assumption that someone making 200k can't afford a GT-R AND a "bigger" house. It really depends on what a person's other expense are.
You may have missed where I didn't quote you, which means I wasn't directly responding to you but instead making general statements.
And you are making a false assumption that someone making 200k can't afford a GT-R AND a "bigger" house. It really depends on what a person's other expense are.
And you are making a false assumption that someone making 200k can't afford a GT-R AND a "bigger" house. It really depends on what a person's other expense are.
Maybe you didn't have the "quote" tags for what I said, but it's undeniable that you were indeed referencing it in a very specific way.I didn't make the false assumption that someone making 200k CAN'T afford a GTR and a bigger house. They can indeed. However, you probably again missed it where I said...
In my opinion, even if I had an annual income of $200000, I would still not buy a GTR because it's definitely not chump change
I'm the only one in the entire thread that brought up the "200k" figure so perhaps it was just coincidence that you also picked that number randomly?
Maybe you didn't have the "quote" tags for what I said, but it's undeniable that you were indeed referencing it in a very specific way.
I didn't make the false assumption that someone making 200k CAN'T afford a GTR and a bigger house. They can indeed. However, you probably again missed it where I said...
I was solely referring to myself and certainly NOT making general statements.
Maybe you didn't have the "quote" tags for what I said, but it's undeniable that you were indeed referencing it in a very specific way.I didn't make the false assumption that someone making 200k CAN'T afford a GTR and a bigger house. They can indeed. However, you probably again missed it where I said...
I was solely referring to myself and certainly NOT making general statements.
Umm, if I was single and lived with my parents as a dept manager at "LOWES", then I can afford a GT-R, but that is about it. But instead, I have a wife and three kids and a house with 3 acres with a '07 fusion, '08 Z, and 2000 ranger.
I am taking classes in nuclear safety and nuclear administration and i would be making good money and i plan to manage it well becuase i want a gt-r. most people say that a house would be a better investment but i dont have a wife or kids at the moment and i wouldnt have a need for a full house. more than likely a cheap flipped house or a nice apartment
long story short me making at the lowest 75k a year could afford a gt-r after my first year of working. thats paying cash.
lol dont be hatin on lowes! its true that dept manager sin northern virginia make almost 60k a year. lol i used to work there, anyways
I am taking classes in nuclear safety and nuclear administration and i would be making good money and i plan to manage it well becuase i want a gt-r. most people say that a house would be a better investment but i dont have a wife or kids at the moment and i wouldnt have a need for a full house. more than likely a cheap flipped house or a nice apartment
long story short me making at the lowest 75k a year could afford a gt-r after my first year of working. thats paying cash.
I am taking classes in nuclear safety and nuclear administration and i would be making good money and i plan to manage it well becuase i want a gt-r. most people say that a house would be a better investment but i dont have a wife or kids at the moment and i wouldnt have a need for a full house. more than likely a cheap flipped house or a nice apartment
long story short me making at the lowest 75k a year could afford a gt-r after my first year of working. thats paying cash.
Admittedly, I feel behind sometimes. I'm almost 27, make IMHO dog **** money (though I think anything less than 100K is dog sh*t). I graduated with honors from Business School and manage a Securities Reconciliation team that balances around 100M in transactions at any given time.
I feel like I'm doing something wrong.
I feel like I'm doing something wrong.
lol dont be hatin on lowes! its true that dept manager sin northern virginia make almost 60k a year. lol i used to work there, anyways
I am taking classes in nuclear safety and nuclear administration and i would be making good money and i plan to manage it well becuase i want a gt-r. most people say that a house would be a better investment but i dont have a wife or kids at the moment and i wouldnt have a need for a full house. more than likely a cheap flipped house or a nice apartment
long story short me making at the lowest 75k a year could afford a gt-r after my first year of working. thats paying cash.
I am taking classes in nuclear safety and nuclear administration and i would be making good money and i plan to manage it well becuase i want a gt-r. most people say that a house would be a better investment but i dont have a wife or kids at the moment and i wouldnt have a need for a full house. more than likely a cheap flipped house or a nice apartment
long story short me making at the lowest 75k a year could afford a gt-r after my first year of working. thats paying cash.
lol, I'm not hating on lowes, I work for lowes right now, but wow 60k in virginia! I make 40k here in texas. I shouldve stayed in virginia.lol. its true, if your young and have the money, why not buy a nice car because hopefully by the time you finish paying it off, then you will be ready to own a home and family and have a badazz car with no payments.imo I got married at 22 and had to work my way up to have what I have at 33 now, so I went the other way around

The point is it is infinitely smarter to buy property first before indulging on a GTR.
at 75k income, I would DEFINITELY NOT be driving a GTR...



