G37 Sedan
View Poll Results: What percentage of your income is your car pymt ?
Less than 5%
21
23.33%
5-10%
27
30.00%
10-20%
18
20.00%
More than 20%
4
4.44%
No Loan - Paid Cash
20
22.22%
Voters: 90. You may not vote on this poll

Car payment as a percentage of your income

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Old 05-23-2011, 04:21 PM
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matchan
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Car payment as a percentage of your income

Just out of curiosity, what percentage is your car payment in relation to your monthly income

ie? $500 pymt on $5000 pre tax income (60k/yr) = 10%
Old 05-23-2011, 04:48 PM
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htwnlovaboy
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1%.... :d:d
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Old 05-23-2011, 04:56 PM
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blnewt
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I just use my poker winnings to pay for my car payment and I don't include poker in my salary (unless I'm having a losing year, lol) so I guess 0%
Old 05-23-2011, 05:31 PM
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nbarone
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less than half a percent of my annual income.
Old 05-23-2011, 05:52 PM
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JohnEnglish
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About 6.5%.
Old 05-23-2011, 05:54 PM
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Blackjack
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0%. I paid my **** off.
Old 05-23-2011, 06:10 PM
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simonsez
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80%. I work to drive my G.
G is my everything my asset!






















J/K LOL
Old 05-23-2011, 08:04 PM
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equetefue
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10% but I purchased, not leased
Old 05-23-2011, 08:10 PM
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P Casey
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Originally Posted by aspec2006
80%. I work to drive my g.
G is my everything my asset!






















J/k lol
lmao^^ ^
Old 05-23-2011, 08:23 PM
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RYs06MT
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99% of my income is spent on car payments. ive over extended myself!
Old 05-23-2011, 10:10 PM
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WannabeSport
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I don't have any other real expenditures (live with my parents) so I just kinda throw down a good percentage of whatever I happen to make that month.
Old 05-23-2011, 10:22 PM
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zoner
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0% paid cash
Old 05-23-2011, 11:11 PM
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NYCMaxima
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I make like 800 bucks in a good month, and I pay 322 a month so, Id say 40%, not very smart, i know, but Im 19, live with my parents and have no children, so I might as well drive a car that makes me happy.
Old 05-23-2011, 11:46 PM
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blnewt
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Originally Posted by NYCMaxima
I make like 800 bucks in a good month, and I pay 322 a month so, Id say 40%, not very smart, i know, but Im 19, live with my parents and have no children, so I might as well drive a car that makes me happy.
19, live w/ your parents and have no kids~I'd say you're much smarter than someone that's 19 w/ 3 kids trying to rent somewhere and driving a jalopy
Old 05-23-2011, 11:55 PM
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financeman
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Originally Posted by NYCMaxima
I make like 800 bucks in a good month, and I pay 322 a month so, Id say 40%, not very smart, i know, but Im 19, live with my parents and have no children, so I might as well drive a car that makes me happy.
I am a pretty conservative financial guy....but I think you're doing the right thing at this time in your life. Plenty of time to do the investment thing in a few years. I purchased a brand new turbo charged 300ZX when I was 21...took a large chunk out of every check to make the payment. I don't regret that decision one bit....enjoyed it much! Nothing is better than driving a great car when you're young....of course I still like driving a great car when I'm not so young


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