BMW Owners Salary

pz619 · 10-04-2021, 04:48 PM

Should we also be posting medical records? Where is the thread for that?

BGM-M3COMP · 10-04-2021, 05:27 PM

Quote:

Originally Posted by Delmoney335

Right now that's true. Some were able to get it at a discount earlier this year so leasing made more sense. But was just a general comment, not for this car specifically. Every situation is different.

Leasing the M3C came out to be a couple hundred less per month than if i were to finance it, with the same down payment, which was only my 1000 deposit.

naywa01 · 10-04-2021, 06:30 PM

Quote:

Originally Posted by pz619

Should we also be posting medical records? Where is the thread for that?

Ha ha this made me literally laugh out loud!

I'm sure someone will start a thread on that, maybe something like 'Yo, hands up, how many G8x owners got IBS?'

(Disclaimer: I picked IBS at random, no offence meant to any sufferers)

BGM-M3COMP · 10-04-2021, 07:11 PM

Quote:

Originally Posted by naywa01

Ha ha this made me literally laugh out loud!

I'm sure someone will start a thread on that, maybe something like 'Yo, hands up, how many G8x owners got IBS?'

(Disclaimer: I picked IBS at random, no offence meant to any sufferers)

LOL yoooooo.

I was literally joking with my co-worker TODAY about that. Because i think he suffers from it. All day with his hands back there pickin

jpsimon · 10-04-2021, 07:25 PM

Forzanerazzurri · 10-04-2021, 08:24 PM

I would say if you only make 100k you probably can't afford this car.

Limegrntaln · 10-04-2021, 09:34 PM

Quote:

Originally Posted by 2011ninja

My favorite is what do you do for a living.

I clean windows for high rise buildings

I wash the windows on envelopes. It pays pretty well. Im closer to $200k than I am to $150K..

Dr. Ice · 10-05-2021, 08:44 AM

Quote:

Originally Posted by Alvinmark12

This is Joe Biden and the IRS checking to see where the money came from. HAHAHAHA. Like I would ever tell anyone how much I make.

Joe already knows and I am one of those he wants to raise taxes on😡 what a joke!

Dr. Ice · 10-05-2021, 08:46 AM

Quote:

Originally Posted by 2011ninja

My favorite is what do you do for a living.

I clean windows for high rise buildings

Whatever you make it’s not enough😁

Alvinmark12 · 10-05-2021, 10:03 AM

Quote:

Originally Posted by Forzanerazzurri

I would say if you only make 100k you probably can't afford this car.

If you make 100k and live with your parents. You can afford this car. I know plenty of people who do that.

FrankieNuo · 10-05-2021, 10:29 AM

Quote:

Originally Posted by pz619

Should we also be posting medical records? Where is the thread for that?

No, but you will need to provide proof of vaccination to post here. Also, we've been trying to reach you regarding your vehicle's extended warranty.

bsmf8x · 10-05-2021, 11:35 AM

BMW owner is a very generic term. You can lease a 330 in the 400's or an M8 for over 1500 a month. With that being said, I know tons of people with 2, 3 and 4 series who don't make 6 figures. I also know people who make 6 figures a month and drive an Acura or Jeep. A car is literally the worst way to tell someone's financial position, if that's what you're looking at when someone drives a bmw.

I put a lease under my name for $400 a month when I was in college and had almost no income, like 10k a year from working jobs on the side.. lol (I was 19 at the time but had them run my credit for shits... I got tier 1 rates too lolol thought I'd need a co sign)

Neophyte · 10-05-2021, 12:23 PM

Lol. This thread is hilarious.

It depends on personal sense of affording the car. I know of people who finance cars worth 150% of their gross yearly salary and others who only buy cars cash and are not comfortable spending so much on a car that won't be as reliable and easy on maintenance as a Toyota.

BGM-M3COMP · 10-05-2021, 06:36 PM

Quote:

Originally Posted by bsmf8x

BMW owner is a very generic term. You can lease a 330 in the 400's or an M8 for over 1500 a month. With that being said, I know tons of people with 2, 3 and 4 series who don't make 6 figures. I also know people who make 6 figures a month and drive an Acura or Jeep. A car is literally the worst way to tell someone's financial position, if that's what you're looking at when someone drives a bmw.

I put a lease under my name for $400 a month when I was in college and had almost no income, like 10k a year from working jobs on the side.. lol (I didn't pay for it myself I was 19 at the time but had them run my credit for shits... I got tier 1 rates too lolol)

LOL bingo.

Although you probably just crushed a ton of ego's with that comment lol

Bumpinjeep · 10-05-2021, 06:51 PM

Quote:

Originally Posted by Randy Johnson

Is is safe to say the 99% of bmw owners make over 100k? With these cars costing so much I'm just wondering where owners are in terms of salary? Not sure who people can afford so much for a car these days.
PS: I buy used.

I've seen hair dressers making like $50K a year driving BMWs. Now, this is because their sugar daddies are making the payments. So really, there's no way to tell how much someone makes based on the car they drive. Hell, in high school I was a service porter for a Porsche dealership. I drove a 959 once, doesn't mean i'm Bill Gates (fun fact, it was his car).

BMWRacer523 · 10-05-2021, 09:22 PM

Quote:

Originally Posted by Bumpinjeep

I've seen hair dressers making like $50K a year driving BMWs.

Z cars? LOL

Forzanerazzurri · 10-06-2021, 06:32 AM

Quote:

Originally Posted by Alvinmark12

If you make 100k and live with your parents. You can afford this car. I know plenty of people who do that.

That's so sad

TexasEd · 10-06-2021, 07:58 AM

What a stupid question

2011ninja · 10-06-2021, 08:44 AM

Quote:

Originally Posted by Forzanerazzurri

Quote:

Originally Posted by Alvinmark12

If you make 100k and live with your parents. You can afford this car. I know plenty of people who do that.

That's so sad

Wait a minute; This should be celebrated.

Any teenager making $100K should be celebrated.

Unless..,

SMGCFP · 10-06-2021, 09:05 AM

I'm a financial adviser. What I've learned in over 20 years of working with private clients is that what people choose to do with their money after saving for the future varies widely.

My job is to make sure that your investment policy is congruent with your long term financial goals. In other words, behavior aligns with goals. We help people behave according to what they really want, not according to what they want right now.

With that said, some clients have expensive houses, cars, take big vacations, have vacations home, etc. It's all about your perception of value. We, on this forum value driving a BMW M car, for whatever the reason and those reasons differ also.

As far as affordability, that's also a matter of opinion. Some people are content with saving less of their income and plan to work longer. Some save more and plan to retire earlier.

I did not buy/lease an M car until I was 40. Investing in my business/working took priority. I didn't have time to drive for pleasure until I was 40. My situation is of course not universal.

Other than for conversation purposes, it's useless to compare our unique scenarios. We all have our own situations, goals, and values.

2011ninja · 10-06-2021, 10:15 AM

Live life without regrats…

Forzanerazzurri · 10-06-2021, 04:17 PM

Quote:

Originally Posted by 2011ninja

Live life without regrats…

That's terrible advice

10-04-2021, 04:48 PM	#67
pz619 Brigadier General 3337 Rep 3,278 Posts Drives: F87 M2C 6MT, Tesla Highland 3P Join Date: Oct 2013 Location: San Diego iTrader: (1)	Should we also be posting medical records? Where is the thread for that?
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10-04-2021, 07:25 PM	#71
jpsimon Team Zissou 3154 Rep 10,200 Posts Drives: 2022 AWD M3 Comp - SMB Join Date: Dec 2006 Location: CT iTrader: (7)
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10-04-2021, 08:24 PM	#72
Forzanerazzurri Banned 6985 Rep 3,275 Posts Drives: E46 M3 Coupe/G80 M3CX Join Date: Jul 2021 Location: Alberta iTrader: (0) Garage List 2003 BMW M3 Coupe [0.50] 2022 BMW M3 Competi ... [5.12]	I would say if you only make 100k you probably can't afford this car.
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10-05-2021, 11:35 AM	#78
bsmf8x Lieutenant Colonel 789 Rep 1,632 Posts Drives: F82 Join Date: Jan 2020 Location: NY iTrader: (1)	BMW owner is a very generic term. You can lease a 330 in the 400's or an M8 for over 1500 a month. With that being said, I know tons of people with 2, 3 and 4 series who don't make 6 figures. I also know people who make 6 figures a month and drive an Acura or Jeep. A car is literally the worst way to tell someone's financial position, if that's what you're looking at when someone drives a bmw. I put a lease under my name for $400 a month when I was in college and had almost no income, like 10k a year from working jobs on the side.. lol (I was 19 at the time but had them run my credit for shits... I got tier 1 rates too lolol thought I'd need a co sign)
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10-05-2021, 12:23 PM	#79
Neophyte Second Lieutenant 158 Rep 221 Posts Drives: 2022 BMW X4M Comp Join Date: Dec 2017 Location: MI iTrader: (0)	Lol. This thread is hilarious. It depends on personal sense of affording the car. I know of people who finance cars worth 150% of their gross yearly salary and others who only buy cars cash and are not comfortable spending so much on a car that won't be as reliable and easy on maintenance as a Toyota. __________________ IG: @f98comp
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10-06-2021, 07:58 AM	#84
TexasEd Second Lieutenant 348 Rep 276 Posts Drives: M4 Comp Xdrive;2020 Nissan GTR Join Date: Jul 2021 Location: Texas iTrader: (0)	What a stupid question
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10-06-2021, 09:05 AM	#86
SMGCFP Lieutenant 648 Rep 569 Posts Drives: '25 G82 '20 F82 '23 G05 x40i Join Date: Apr 2013 Location: Saratoga Springs, NY iTrader: (0)	I'm a financial adviser. What I've learned in over 20 years of working with private clients is that what people choose to do with their money after saving for the future varies widely. My job is to make sure that your investment policy is congruent with your long term financial goals. In other words, behavior aligns with goals. We help people behave according to what they really want, not according to what they want right now. With that said, some clients have expensive houses, cars, take big vacations, have vacations home, etc. It's all about your perception of value. We, on this forum value driving a BMW M car, for whatever the reason and those reasons differ also. As far as affordability, that's also a matter of opinion. Some people are content with saving less of their income and plan to work longer. Some save more and plan to retire earlier. I did not buy/lease an M car until I was 40. Investing in my business/working took priority. I didn't have time to drive for pleasure until I was 40. My situation is of course not universal. Other than for conversation purposes, it's useless to compare our unique scenarios. We all have our own situations, goals, and values.
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10-06-2021, 10:15 AM	#87
2011ninja Colonel 3470 Rep 2,670 Posts Drives: 2022 G80 6MT Join Date: Feb 2020 Location: Connecticut iTrader: (0)	Live life without regrats…
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