Lambo and income question

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  • Doctor Dre
    Too lazy to set a custom title
    • Jan 2001
    • 51692

    #101
    100x lambo buyers
    sponsored by topbucks
    Originally posted by rayadp05
    I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?

    Comment

    • polish_aristocrat
      Too lazy to set a custom title
      • Jul 2002
      • 40377

      #102
      dr Dre
      I don't use ICQ anymore.

      Comment

      • Doctor Dre
        Too lazy to set a custom title
        • Jan 2001
        • 51692

        #103
        Originally posted by Rinaldo
        I'd imagine leasing a lambo is 1800 no?
        THen insurance must be a shitload as well.
        I'd think 80 k would get you a lambo and an efficiency apartment,
        Do you really need to look that cool? when you bring the bitch to your house she'll walk out on you anyways.
        Exactly ... better drive a civic and have a pimped out house... so she won't come out of the bed ;)
        Originally posted by rayadp05
        I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?

        Comment

        • fraggle
          Confirmed User
          • Jan 2003
          • 932

          #104
          Originally posted by Alex
          Better question, who LEASES a Lambo. In the three year lease, you will spend more than the actually value of the car, and end up with nothing.
          Its good for tax if you are a director. Lease it on the company and write it off against tax.

          That being said you are a bit nuts if you lease a Lambo on 80 k (usd) a year,certainly not enough to keep the society of other owners
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          • Doctor Dre
            Too lazy to set a custom title
            • Jan 2001
            • 51692

            #105
            Originally posted by Alex
            Thats what we call "Hood Rich" here in L.A

            Driving a Lambo and paying 1500 for rent.
            $1500 for rent *might* get you a decent 250-500 sq.ft STUDIO in a nice part of town.
            For that here you can get a good 2000 sq feet house... and not a ghetto one.
            Originally posted by rayadp05
            I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?

            Comment

            • juicyjuice
              Registered User
              • Dec 2004
              • 99

              #106
              i can be ok with spending xx% of this years income on a car.,.... my problem is that i dont know what upcoming years income will be..

              Comment

              • pornmonger
                Confirmed User
                • Jul 2005
                • 330

                #107
                Unless the cost of the lambo is 10% of your net worth, you are N*ggerrich!!!
                http://www.mypornoreview.com

                Comment

                • slapass
                  Too lazy to set a custom title
                  • Nov 2002
                  • 14625

                  #108
                  Originally posted by fraggle
                  Its good for tax if you are a director. Lease it on the company and write it off against tax.

                  That being said you are a bit nuts if you lease a Lambo on 80 k (usd) a year,certainly not enough to keep the society of other owners
                  Try that and let me know how the audit works out for you.

                  Comment

                  • Quotealex
                    Confirmed User
                    • Sep 2001
                    • 6265

                    #109
                    Originally posted by slapass
                    And the kid who thinks 60-80 is making 10k a year as he ignores the 40% tax bite you would hit with in that income bracket.
                    You guys are lucky with just 40% taxes. Here in my woood, 40% is what's left on your income after paying the governments share of various taxes and social benefits

                    Comment

                    • Quotealex
                      Confirmed User
                      • Sep 2001
                      • 6265

                      #110
                      Originally posted by $5 submissions
                      Personally, I'd never buy a Lambo, I'd rather put all my 'extra' wealth into founding a free school to help street children from the Philippines get a world-class education. Seeing them go on to get good jobs, lift themselves up from chronic poverty, develop intergenerational values that will reduce the chance of poverty, and provide for their families will probably give me more satisfaction than riding a Lambo.
                      That is socialist talk. In Amarica, it's all about looking out for number one: Me, Myself and I

                      Comment

                      • GTS Mark
                        Vrume Mark
                        • Jan 2001
                        • 20912

                        #111
                        I would guestimate that if you're making $300,000 a year it would probably be in the realm of affordability.

                        I don't know too many guys owning Lambos that make 60-80k a year LOL!

                        DH

                        Comment

                        • Peaches
                          Old broad
                          • Oct 2002
                          • 13933

                          #112
                          Originally posted by Young
                          I have a perfect driving record and i pay $325 a month on a G35. Where the fuck are you getting insurance quotes from ? Montana?
                          HOLY SHIT - you must be under 25. That's outrageous.

                          Comment

                          • gangbangjoe
                            Ronin
                            • May 2004
                            • 17693

                            #113
                            Originally posted by FrankWhite
                            80k a year to for you afford a lambo ? are you nuts ?

                            you need to make 150k+ a year to even consider one.

                            lol

                            more like 500k

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                            • seeric
                              ..........
                              • Aug 2004
                              • 41917

                              #114
                              fuck that, you can buy two condos for that and rent them out plus gain equity in those condos. cars are a waste of money.

                              Comment

                              • polish_aristocrat
                                Too lazy to set a custom title
                                • Jul 2002
                                • 40377

                                #115
                                nice thread
                                I don't use ICQ anymore.

                                Comment

                                • wedouglas
                                  So Fucking Banned
                                  • Aug 2004
                                  • 5921

                                  #116
                                  I'd say you should be making a secure 400-500K a year and have atleast 500K in the bank. Of course, that is a little lower if you are getting a Gallardo. Big diff in price between the Murci and the Gallardo.

                                  Comment

                                  • nba4life2k
                                    Confirmed User
                                    • Aug 2006
                                    • 308

                                    #117
                                    Livin it up HOOD RICH NIGGS

                                    Comment

                                    • NyLoS
                                      Confirmed User
                                      • Apr 2001
                                      • 724

                                      #118
                                      one million I think

                                      Comment

                                      • timberlands
                                        Confirmed User
                                        • Sep 2005
                                        • 504

                                        #119
                                        Originally posted by Minte
                                        Based on maintenance,insurance and you'd have to have at least one other vehicle for a daily driver I'd say at least 200k gross annually.
                                        uhmmmmmmm no.

                                        Insurance is NOT 10k a year on a lambo and you do not need to be making 150k a year to afford one and you do not need any other car for a daily driver.

                                        A Gallardo is considered a daily driver. Insurance is no more than $3k a year and you can get a 2004-2005 model for around $130k

                                        Of course this is all mute if you're some 18 year old.


                                        I'd say you should be making a secure 400-500K a year
                                        you're a complete idiot
                                        Last edited by timberlands; 11-30-2006, 05:03 AM.
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                                        • timberlands
                                          Confirmed User
                                          • Sep 2005
                                          • 504

                                          #120
                                          http://www.classicins.com/quote1.asp

                                          You are quoting 1 vehicle(s) in CT.

                                          Vehicle #1) 2005 Lamborghini Gallardo
                                          Valued at $150000.
                                          Driven no more than 5000 miles annually.
                                          Deductible for this vehicle: $500
                                          Coverage includes comprehensive and collision.
                                          Comp/Coll premium for your 2005 Lamborghini Gallardo $3375

                                          Liability Limits (for all vehicles)
                                          Bodily Injury Liability Limits 20/40 $38
                                          Property Damage Limits $100000 $22
                                          Uninsured/Underinsured Motorist Limits 20/40 $17
                                          Personal Injury Protection $5000 $13
                                          Total $90

                                          Your total annual premium is:
                                          $3,465
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                                          • Ross
                                            Ik ben een aap
                                            • Sep 2002
                                            • 18874

                                            #121
                                            150K per year in the USA and you can afford a Lambo. In the UK you'd need to earn at least £200K per year. Our insurance prices are insane. Plus over here you just don't own a Lambo. I saw one driving through my town a couple months ago but apart from that I've never saw one before except at car shows.

                                            Comment

                                            • stickyfingerz
                                              Doin fine
                                              • Oct 2005
                                              • 24984

                                              #122
                                              Originally posted by timberlands
                                              uhmmmmmmm no.

                                              Insurance is NOT 10k a year on a lambo and you do not need to be making 150k a year to afford one and you do not need any other car for a daily driver.

                                              A Gallardo is considered a daily driver. Insurance is no more than $3k a year and you can get a 2004-2005 model for around $130k

                                              Of course this is all mute if you're some 18 year old.




                                              you're a complete idiot
                                              Hmm pretty sure Minte DOES own a Lambo.....

                                              Comment

                                              • V_RocKs
                                                Damn Right I Kiss Ass!
                                                • Nov 2003
                                                • 32467

                                                #123
                                                Originally posted by Shok
                                                ok noob lets do the math.

                                                Lets say 1500 for rent

                                                lets say 500 a month groceries
                                                $1500? And live in Pomona, California renting a 2 bedroom house with 1 bath and dogging bullets?

                                                If you are driving a Lambo, you are going to park it where? Your apartment? HAHA... What a fucking a-hole...

                                                $500 for groceries? I spent that much when I eat out...

                                                Comment

                                                • Minte
                                                  Babemeister
                                                  • Jun 2001
                                                  • 7082

                                                  #124
                                                  It was fun to read this thread again.
                                                  Now that i've had my Lamborghini a year,i'm in a better position to talk about ownership.So far,it's been totally reliable.I did about 5k miles on it and beyond the initial first service and oil change I haven't had to spend anything additional on it.Tires will need to be changed sometime next year.I think I might get 8-9k on them.But as far as using it for a daily drive.I wouldn't for a lot of reasons.
                                                  Porsche would be a much better choice for a daily driver.

                                                  I think it would be extremely difficult to impossible to own any exotic car on less than a 6-figure income.
                                                  You might not be as anonymous as you think you are.

                                                  Comment

                                                  • bDok
                                                    Confirmed User
                                                    • Feb 2005
                                                    • 1917

                                                    #125
                                                    Originally posted by Rinaldo
                                                    I'd imagine leasing a lambo is 1800 no?
                                                    THen insurance must be a shitload as well.
                                                    I'd think 80 k would get you a lambo and an efficiency apartment,
                                                    Do you really need to look that cool? when you bring the bitch to your house she'll walk out on you anyways.
                                                    you don't take her home. ya get head in the car then drop here off at the next stop sign. vrrrrooommmm
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                                                    • ajrocks
                                                      Confirmed User
                                                      • Nov 2004
                                                      • 4526

                                                      #126
                                                      To lease a car that costs over 200K you need to be making 400K or more.
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                                                      • Rochard
                                                        Jägermeister Test Pilot
                                                        • Dec 2001
                                                        • 75764

                                                        #127
                                                        Originally posted by Shok
                                                        why on earth would you buy.
                                                        Just lease.

                                                        And if you are single I would say you need to make around 60-80k a year if you want it to be afforable.
                                                        If everyone making $80k a year could afford one they would be selling Lambos like hot cakes!

                                                        There are so many other things you need to look at:
                                                        • Insurance
                                                        • Tires
                                                        • Tune Ups at $800 a pop
                                                        • Cost of gas


                                                        And the biggest thing you aren't considering is the fact that this isn't a daily driver. You don't just turn the key, hit the gas and go. To properly maintain the car you need to let it warm up. This is the kind of car you take out once a week.

                                                        With that in mind, you need a daily driver. You can't own a Lambo and have a used Honda Civic as your daily driver; You'll need something nice to drive on a daily basis.
                                                        Herschel Savage
                                                        Brooklyn, NY

                                                        Comment

                                                        • Rochard
                                                          Jägermeister Test Pilot
                                                          • Dec 2001
                                                          • 75764

                                                          #128
                                                          Originally posted by Minte
                                                          It was fun to read this thread again.
                                                          Now that i've had my Lamborghini a year,i'm in a better position to talk about ownership.So far,it's been totally reliable.I did about 5k miles on it and beyond the initial first service and oil change I haven't had to spend anything additional on it.Tires will need to be changed sometime next year.I think I might get 8-9k on them.But as far as using it for a daily drive.I wouldn't for a lot of reasons.
                                                          Porsche would be a much better choice for a daily driver.

                                                          I think it would be extremely difficult to impossible to own any exotic car on less than a 6-figure income.
                                                          Post pictures already!
                                                          Herschel Savage
                                                          Brooklyn, NY

                                                          Comment

                                                          • hydro
                                                            Confirmed User
                                                            • Dec 2003
                                                            • 4216

                                                            #129
                                                            If you lease you should be able to have 250k in available funds at any given time, if you outright buy it 1m in cash. Remember that 250,000 is a lot of money but at the same time its not THAT much money.

                                                            Comment

                                                            • salesman
                                                              Confirmed User
                                                              • Mar 2003
                                                              • 1534

                                                              #130
                                                              i would buy one when i would make 6.000.000usd/year

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                                                              • tiger
                                                                Confirmed User
                                                                • Apr 2002
                                                                • 6986

                                                                #131
                                                                Wouldn't even consider it unless I was making at least a couple million a year.

                                                                Comment

                                                                • Minte
                                                                  Babemeister
                                                                  • Jun 2001
                                                                  • 7082

                                                                  #132
                                                                  Originally posted by Rochard
                                                                  Post pictures already!
                                                                  Rochard is absolutely correct,it's essential to have a good daily driver to go with a Lamborghini.



                                                                  You might not be as anonymous as you think you are.

                                                                  Comment

                                                                  • MediumPimpin
                                                                    Confirmed User
                                                                    • Apr 2003
                                                                    • 1488

                                                                    #133
                                                                    Jesus you mean for the 2k a month on my lease I could have had a Lambo, well fuck me up the ass and call me Nancy!
                                                                    nats.mediumpimpin.com

                                                                    Comment

                                                                    • timberlands
                                                                      Confirmed User
                                                                      • Sep 2005
                                                                      • 504

                                                                      #134
                                                                      But as far as using it for a daily drive.I wouldn't for a lot of reasons.
                                                                      Porsche would be a much better choice for a daily driver.
                                                                      http://www.pistonheads.com/doc.asp?c=47&i=8404

                                                                      The Daily Driver

                                                                      Yet, despite the sports suspension setup, despite the 19-inch rims, this is a very comfortable car to ride in. You can truly live with this car on a day to day basis, even in winter, if you had to.

                                                                      I really can imagine someone having both these cars in their garage, the Gallardo for everyday use, and the Murcielago for when you want to blow your head off.

                                                                      The Gallardo is a supercar that was built for daily driving and if you are not driving it at least once every second day you are ruining it. Ask any professional mechanic. Cars like this need to be driven regularly in order to keep their parts in working order.
                                                                      Last edited by timberlands; 11-30-2006, 08:44 AM.
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                                                                      • Psycho_x
                                                                        Confirmed User
                                                                        • Oct 2006
                                                                        • 697

                                                                        #135
                                                                        At least 80-90k.

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                                                                        • Slick
                                                                          Confirmed User
                                                                          • Feb 2001
                                                                          • 7338

                                                                          #136
                                                                          Originally posted by Minte
                                                                          While you guys argue about it..The sun is shining,the roads are clean..and I have a bunch of new music loaded on the IPOD..so I will enjoy the day and take my Lamborghini out for a cruise.
                                                                          rofl, ha ha ha, yeah, Minte knows

                                                                          Comment

                                                                          • Minte
                                                                            Babemeister
                                                                            • Jun 2001
                                                                            • 7082

                                                                            #137
                                                                            Originally posted by timberlands
                                                                            http://www.pistonheads.com/doc.asp?c=47&i=8404




                                                                            The Gallardo is a supercar that was built for daily driving and if you are not driving it at least once every second day you are ruining it. Ask any professional mechanic. Cars like this need to be driven regularly in order to keep their parts in working order.

                                                                            Like I mentioned,I put over 5k on it the first year.I drive it all the time the way it was designed to be driven.I just wouldn't use it as a daily.It's very low to the ground,it has no storage room at all.It's not an easy car to get in and out of.
                                                                            The car draws way to much attention.The Porsche fits in a lot better.In all the years I've owned 911's,they have been photographed once or twice.In the year of owning the Lamborghini it's been photographed 100's of times.The downside of all that attention is that a lot of it takes place on the road at higher speeds.
                                                                            You might not be as anonymous as you think you are.

                                                                            Comment

                                                                            • Slick
                                                                              Confirmed User
                                                                              • Feb 2001
                                                                              • 7338

                                                                              #138
                                                                              I think that once the kids are out of the house, I'll consider jumping on something nice like that. I'm a family man and one everyday vehicle has to be my Ford Expedition and my second vehicle has to be a truck for towing my camper around, so I got my 2005 Ford F-350 Harley Davidson Quad-Cab truck, that's my baby

                                                                              Comment

                                                                              • Minte
                                                                                Babemeister
                                                                                • Jun 2001
                                                                                • 7082

                                                                                #139
                                                                                Originally posted by Slick
                                                                                I think that once the kids are out of the house, I'll consider jumping on something nice like that. I'm a family man and one everyday vehicle has to be my Ford Expedition and my second vehicle has to be a truck for towing my camper around, so I got my 2005 Ford F-350 Harley Davidson Quad-Cab truck, that's my baby
                                                                                You've got the perfect roads up there for one, Slick.

                                                                                Good to see you posting again.
                                                                                You might not be as anonymous as you think you are.

                                                                                Comment

                                                                                • SomeCreep
                                                                                  :glugglug
                                                                                  • Mar 2003
                                                                                  • 26118

                                                                                  #140
                                                                                  Originally posted by bigdog
                                                                                  How much do you think you would need to make a year before you would decide to buy a lambo?
                                                                                  There are cool people who drive lambos and uncool people who drive lambos. The cool people are those making $1M+/year and can afford the lambo no problem. The uncool people are those making $50k - $200k/year who drive a lambo even though they cant afford it and basically end up making payments on it equivalent to the mortgage on their house.

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                                                                                  • Khun
                                                                                    Confirmed User
                                                                                    • Jun 2004
                                                                                    • 1239

                                                                                    #141
                                                                                    Screw the lambo, get an Ariel Atom. It will flat out smoke any lambo and probably turm as many heads, AND is under $80k for the fully tricked out, carbon fiber model.
                                                                                    Sig is on vacation... (I wish I could vacation as long as my sig has...)

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                                                                                    • Nubiles
                                                                                      Confirmed User
                                                                                      • Apr 2002
                                                                                      • 1496

                                                                                      #142
                                                                                      Dont look at it as how much income per year, look at it like this:
                                                                                      1. pay off all your debts including your mortgage for your house
                                                                                      2. have at least 500k/ 1 million in retirement / investments.
                                                                                      3. Now you can consider an expensive car toy
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                                                                                      • Jason
                                                                                        Confirmed User
                                                                                        • Dec 2002
                                                                                        • 4287

                                                                                        #143
                                                                                        this is very very simple..

                                                                                        my wife works for an exotic car dealer.

                                                                                        if you need to ask yourself if you can afford it.. you can't.

                                                                                        buy some land.
                                                                                        I stay busy.

                                                                                        Comment

                                                                                        • woj
                                                                                          <&(©¿©)&>
                                                                                          • Jul 2002
                                                                                          • 47880

                                                                                          #144
                                                                                          Unless you are already set for a life (have a few million saved up)... it would be stupid to piss away that kind of money away on a car...
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                                                                                          • emthree
                                                                                            Dialer Kingpin
                                                                                            • Jun 2003
                                                                                            • 10816

                                                                                            #145
                                                                                            Why does everyone allways try to play rich and act like an expert?
                                                                                            GEEZ

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                                                                                            • Cyndalie
                                                                                              Confirmed User
                                                                                              • Jan 2002
                                                                                              • 3615

                                                                                              #146
                                                                                              Originally posted by emthree
                                                                                              Why does everyone allways try to play rich and act like an expert?
                                                                                              GEEZ
                                                                                              Minte happens to be both
                                                                                              Cyndalie
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                                                                                              • s9ann0
                                                                                                Confirmed User
                                                                                                • Sep 2001
                                                                                                • 4873

                                                                                                #147
                                                                                                just borrow the money, a lambo is a nesescity for any GFY'er!

                                                                                                Comment

                                                                                                • Star 69
                                                                                                  Confirmed User
                                                                                                  • Nov 2005
                                                                                                  • 8602

                                                                                                  #148
                                                                                                  300k a year to buy a Lambo
                                                                                                  e-mail star69

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                                                                                                  • Verbal
                                                                                                    Confirmed User
                                                                                                    • Dec 2001
                                                                                                    • 3420

                                                                                                    #149
                                                                                                    Originally posted by Drunkspringbreakgirls
                                                                                                    Dont look at it as how much income per year, look at it like this:
                                                                                                    1. pay off all your debts including your mortgage for your house
                                                                                                    2. have at least 500k/ 1 million in retirement / investments.
                                                                                                    3. Now you can consider an expensive car toy
                                                                                                    Yup ... that's the goal. Well said.

                                                                                                    I guess I could afford a Lambo, but I'd have to live in it.

                                                                                                    Comment

                                                                                                    • Reprobate
                                                                                                      Registered User
                                                                                                      • May 2006
                                                                                                      • 50

                                                                                                      #150
                                                                                                      Originally posted by juicyjuice
                                                                                                      my cars together are about 15% of my annual income.
                                                                                                      Yeah me too. Which is why my car is a piece of shit.
                                                                                                      <insert sig here>

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