When I go to FL its the polar opposite to NY. Even Westchester compared to Long Island (not the hamptons) there is a huge difference. Westchester is a little more conservative, whereas Long Island is a little more out there.
There is a house I drive by every morning on the way to work… probably ~$200K house with about $250K worth of cars in the driveway… that guy must be the ultimate hackr. 
Well not value of the car more than price paid for the car. Also, I always do thing the car should fit in with the stature of the house. Like my cars blend in, if I put a someone that live in the neighboorhood’s chrome Aventador with orange wheels out I don’t think it’d fit the same.
Oh i meant house prices. You said 120k house. 
I did. Price/size/appearance of the house all of it versus the car.
They’re not talking about your payment, they’re talking about the value of the car as it relates to your annual income… They’re saying that you could buy a car valued at 10, 20, or 50% of your ANNUAL income. Meaning someone making $50,000 a year should probably buy a car for $5,000 to $25,000 in value. Or we can just shit on their integrity without reading the article.
Just want to double check my math…
edited
Lets not make this a case of this is why we can’t have nice things. If @Ed_Churchward wanted to disclose his annual, lets leave it up to him.
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I’m only checking my math here for calculation purposes
Edited
I threw a relatively simple example in my original post in case you wanted to replicate.
Off topic I know but do you have a G80? If so would you mind pming me to share your feedback about how you like the car? Thanks.
They say 15% on the TOTAL cost of a new car. You have it a bit mixed up i think.
Also, 1 car and it is 1.3%
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You’re planning on buying out your Genesis? I’ve thought about it but feel like it’ll become a PITA to own given that little tech glitches are already happening on mine in year 2.
A little over 1% for a Volt LT
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Here goes:
2016 ATS-V: $580 (79k MSRP, 39/12K, 100% sign and drive + $100 visa gift card)
2017 Sierra Denali Ultimate: $540 (64k MSRP, 36/12K, 100% sign and drive, about $1,500 in remaining Silverado lease payments absorbed by dealer)
2017 Terrain Denali: $248 ($42k MSRP, 24/10K, $1000 total at sign)
2017 Volvo S90: $279 (60k MSRP, 24/7,500, 100% sign and drive + $200 Costco card)
Monthly: $1,647 x 12 = $19,764
Annual Household Gross (between the wife and me): $255,000
About 8%. Maybe I should scale back?
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Counter-point: Toys are fun and it sounds like you got some great deals. 
5.866% for 2 cars (20 char)
I’m an idiot and terrible at math
Not trying to call you out, but between you and your wife, you guys are making north of $800k?
(438 x 12) / 840, 000 = 0.6%
That’s amazing! 
Nearly 1 million dollars in annual income and you drive a Hyundai and a Ford Focus? I tip my hat to your humility! By the way, what do you do? I need a career change!
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