Keyser_Soze Posted January 18 Share Posted January 18 1 hour ago, Mr.Vic20 said: my son is 5 years away from being a driver so fairly soon it will be an issue. Yay... So the issue is you can't between getting him a Ferrari or a Lamborghini? 1 Quote Link to comment Share on other sites More sharing options...
Kal-El814 Posted January 18 Share Posted January 18 45 minutes ago, Keyser_Soze said: So the issue is you can't between getting him a Ferrari or a Lamborghini? @Mr.Vic20 knows that the 5090 will be large enough that it could be driven on pubic roads once wheels are strapped to it. 2 1 Quote Link to comment Share on other sites More sharing options...
Mr.Vic20 Posted January 18 Share Posted January 18 1 minute ago, Kal-El814 said: @Mr.Vic20 knows that the 5090 will be large enough that it could be driven on pubic roads once wheels are strapped to it. True, and it will be quite the upgrade from the 4090 in this respect! 1 2 Quote Link to comment Share on other sites More sharing options...
Brian Posted January 18 Share Posted January 18 The water pump and a coil needed to be replaced in my 2009 A4. Total cost was estimated at $3k. Told them to hold off as I window shopped. Inventory consists of only fully loaded cars with ridiculous prices. Used prices were not much better. I decided to fix it and hope prices come down later. Quote Link to comment Share on other sites More sharing options...
Uaarkson Posted January 18 Share Posted January 18 5 minutes ago, Brian said: hope prices come down later. My sweet summer child. 2 Quote Link to comment Share on other sites More sharing options...
elbobo Posted January 18 Share Posted January 18 5 minutes ago, Brian said: The water pump and a coil needed to be replaced in my 2009 A4. Total cost was estimated at $3k. Told them to hold off as I window shopped. Inventory consists of only fully loaded cars with ridiculous prices. Used prices were not much better. I decided to fix it and hope prices come down later. I am keeping my 2003 Acura limping along even though it is leaking 3 different types of fluids. Once my wife gets her new car delivered in a few weeks my Acura will only get driven once or twice a week so I hope that I can drag another year or even two out of it, replacing two cars in one year really isn't in the budget. Quote Link to comment Share on other sites More sharing options...
elbobo Posted January 18 Share Posted January 18 1 minute ago, Uaarkson said: My sweet summer child. they are actually getting a bit better. I've been keeping an eye on used car pricing and they do seem to be heading down, it has miles to go to get to reasonable but at least it is headed in the right direction. You can also get a lot of new cars under MSRP, something that was unfathomable a couple years ago. Shit is still stupid expensive but it seems to be improving albeit very slowly. Quote Link to comment Share on other sites More sharing options...
TUFKAK Posted January 18 Share Posted January 18 Buy a motorcycle problem solved. Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted January 18 Share Posted January 18 55 minutes ago, Brian said: The water pump and a coil needed to be replaced in my 2009 A4. Total cost was estimated at $3k. Told them to hold off as I window shopped. Inventory consists of only fully loaded cars with ridiculous prices. Used prices were not much better. I decided to fix it and hope prices come down later. We have the same car? Mine's a 2000 though. But I've found repairs are fairly high on these anyway, most of it is labor. Quote Link to comment Share on other sites More sharing options...
Brian Posted January 18 Share Posted January 18 55 minutes ago, Keyser_Soze said: We have the same car? Mine's a 2000 though. But I've found repairs are fairly high on these anyway, most of it is labor. Nice. I love my Audi. I take it to a VW place to get it fixed. It’s much cheaper than taking it to Audi. Since we bought a couple of cars from them, they give us an additional discount. 1 Quote Link to comment Share on other sites More sharing options...
Link200 Posted January 19 Share Posted January 19 On 1/17/2024 at 11:29 PM, Ghost_MH said: I mean, yes. The numbers cited are you need to make a minimum of $100k to buy new these days, but if that's the minimum then I've got you assume that also means the cheapest new car model. Neither of those is happening right now. 1.5m repossessed cars last year? That obviously di6dn't include only new cars, but it certainly means millions of people that are buying are buying more car than they can afford. They are using the 10% rule. 10% for a $100k income would mean a $833 payment each month assuming they use pre-tax income. The monthly payment would be $625 with 25% in taxes on a $100k salary. There are ton of cars under both of those values. A new Toyota Corolla can be had for $24,000. That is essentially a $300/month payment. Working backwards from $300/month would mean you would need a salary of 36,000 pre tax or 48,000 if using after tax numbers. Honestly, I have no idea how the article came up with $100,000 as a minimum salary using the 10% rule. It most definitely was designed for click bait. The problem is that people tend to buy the cars they want rather than what they can afford or need. By no means is a Toyota Corolla a sexy car but it gets 99.99% of the job done. The only mission it won't do well is haul a lot of stuff but that is an edge case rentals can cover when needed for a vast amount of people. Most people don't need an overpriced F150. Quote Link to comment Share on other sites More sharing options...
GeneticBlueprint Posted January 19 Share Posted January 19 That 10% on 100k rule is going to vary wildly by location too. Quote Link to comment Share on other sites More sharing options...
Link200 Posted January 19 Share Posted January 19 Of course. That is why it is a "general rule." My problem is that the article set it as the standard and then failed at doing the actual math with that standard. EDIT: Now that I think about it most general large investment guidelines go by percentages. For example 25-30% for a house. You could move the percentages around if in a high cost of living area but the percentage guides would apply regardless. If you pay more than 30% of your salary for a home then you may be in an area that is out of your budget to begin with. Obviously these rules only apply to the lower and middle class salaries. Quote Link to comment Share on other sites More sharing options...
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