anyone here earning more than $100k per year and driving a car worth less than $10k?
 

or even more "extreme" ? :)


like the guy who was bragging about his first million yesterday who drives a 1995 Dodge....

i have a used yugo

I do but Im married with kids and living in a rural area so a 7 seater thats reliable is more important than having a flash motor.

*rasies hand* ..... Its just a Truck that gets me from point A to B.

I prefer to have my house, land, investments, business, and collection of vintage guitars rather than blow a ton of cash on a ride.

No shit,lol
that was my first car when i was 14-15 yrs old,hehe:)
i am on 1 year old Passat now:)

Yup, one of my cars is a '99 Ford Explorer. I love that thing and will drive it into the ground...

you can get a car for less than $10k?

Anyway, I've got a 2007 minivan that's worth way more than $10k but still, I look at it as a tool to get me and my family places. And a tool needs to be made right but doesn't need to be shiny and great to look at.

I don't spend way more money than I need to just to have the coolest looking monkey wrench. So the same goes for my vehicle.

now, but you can buy a car for $25k or whatever and after a few years it's worth not more than $10k.... (or just buy a used one)

This thread was for people making more than 100k a year.

bill gates and the guy in nebraska just to name 2

Which is why I posted.
Why are you reading it?

:1orglaugh:1orglaugh

:1orglaugh :1orglaugh

i drive a train

I make 1 Billionnnnnnnnnnn Dollah a year and drive a 98 hyundai accent sport :(

I just purchased a cheap ass car for my son's first car. Does that count? lol I figure he will wreck it at some point anyway.

It is a good little car btw

dont earn 100k per year, dont drive


dont know why i posted in here.

yes .. my daily driver is a 2004 Honda accord. worth about $10k i guess. i bought it to drive to the office but work out of the house most of the time now.

my daily driver is a 2000 honda, worth about $1,500-2,500 :)


but my weekend driver, thats a different story :winkwink:

Yugo is best car ever maden hehe

I dated a guy making well over $1mil a year and was driving a 10 year old minivan. That was in 2001. I drove by his house a few weeks ago on my way out of town and the minivan is still there ;) BTW, he lives in a small 2BR/1BA house too, lol. Paid cash for it when he graduated from college and just hasn't seen a need to move. He owns homes a LOT nicer that he rents out. He also owns trailers he rents out for $90 a week and said most of the tenants have nicer cars than him.

Now talk to him about clothes, electronics and food - THAT'S where his money goes. And he has a bit saved up ;) He closed his business back in 03 and has been retired since. 40 years old now.

yes, I drive an older Subaru. I have been looking to upgrade though. (100k is not from this biz)

good story. A reminder its not how much you make but how much you spend :thumbsup

I don't see anything wrong with it, I don't see the need to drop huge cash on a car when it depreciates so fast. Good for those people who don't blow the cash on cars.
WG

:upsidedow

I agree, though I will soon be guilty of doing it. We both drive RSX's no? You sport the type S or standard?

You will always take a hit in terms of depreciation with cars, but you can buy an exotic and not lose anything if you get one that has a long waiting list. Get a new Ferrari models the first year, and you could flip it for atleast 100K over MSRP.

I see those new 599's going for 6 figures over MSRP.

anyone else?

I paid 300$ for my last 2 cars(had the last one for little less than a year) but I won't disclose my income. I can tell you that it's less than 100k but more than 50k.

I drive a 2000 Alero, huge piece of shit. Was my wife's when we met. I gave my other car away and since we have no car payment, since this car is paid off, I'm in no rush to buy a new car. I'd rather stash that money away into investments.

I paid more for my car but it's currently only worth about $10k, I paid $8k for my truck, and $21k for the Jetta.

13k car

im a simple kinda guy

bump.....

:1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh
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Well... $10k would be 10% of $100k.

I drive a car that is about 2% of my yearly income.

I have a 2002 Saab 9-5 Aero Wagon. Is more then enough for me, and I think I will keep it for another 4-5 year. Its a smooth, fast and eco ride, and it looks great. What else do you need really?

This is how they look
http://www.wheelswithinwales.co.uk/m...9-5~Estate.jpg

http://www.theautochannel.com/news/2...44987.2-lg.jpg

Not sure...how much is a 98 Mitsubishi Eclipse Spyder turbo convertible with 70K miles on it worth? :winkwink:

I do, currently I'm driving a 200 euro opel corsa but I also have a 150 euro
Fiat cinquecento :1orglaugh :1orglaugh :1orglaugh

For practical purposes got an SUV which sure is not worth $10K now and would never dream of buying a new one as long there are no problems.

The roads and terrain can be extreme and depreciation would be silly on a new vehicle. Not into looking at cars much as long as they move from A to B and don't like shopping for shit which depreciates - appreciating assets are more interesting.

edit: whats wrong with driving good cars?

I drive a 6year old sedan car, that only cost me $23k in 2001. Gets me from point A to point B and is reliable. I'm not a car fanatic otherwise I prolly would have some fancy import. :)

-N

IKEA owner Ivar Kamprad drives a 1985 Volvo... now THAT is fucked up

I make more than $100k, my 2002 car has a market value of roughly $9k. There's more important things to spend money on right now.

not sure if you're serious, but if you're, then... why keep the two cars?

is one of them your weekend card, lol? :winkwink:

He have new cars as well. But the truth is, most of the time he takes the Bus/public transportation

Does Bill Gates still have his old Lexus? I think it was around 97-98 or so.

sure do...I drive a 1991 Isuzu Rodeo with bald tires, chipped paint...the a/c doesn't even work...LOL

hell, it isn't even in my name, so I technically don't even own a car...haha

I am going to get something newer soon though, the no a/c thing is starting to wear on me a bit.....i won't get anything fancy though, just the basics is all I need

I don't have a car ... in fact, my license expired more than 3 years ago which means that before I can even think about a new ride I've got to go through the *whole* process all over again..

Anyone know a chauffeur that needs work?
(If he has his own car, all the better)

:)

I am serious....I let my wife drive one of them too.....that's what a nice guy
I am. :thumbsup

let me guess, the Corsa is 17 and then Cinquecento 13 years old?

Nothing, just like there's nothing wrong with driving cars that are better suited to one's life style.
For example, I'm going to have 2 kids that I need to do a lot of traveling with.
A Mustang isn't very well suited for that. I traded in my car for a minivan.

What's wrong with driving a practical, actually useful car?