Age?

BrianMSmith · 06-29-2010, 10:14 AM

$40k all said and done is a hell of a lot of money. I needed the toy car to be no more than 30% of my yearly income to be "affordable", since I support a family of 5 (+dog, +cat) on my income - which means I had to wait until age 40 to replace my Camaro SS. My wife plans to start a career in the next few years (she never worked-married me instead) - at least a part time hobby job - but her making $20-50k per year, over 10-20 years makes a huge difference on the bottom line (her income could nearly pay for 3 kids to go to college), so her going back to work is the main justification I have for spending this much on a car. Also, given my professional position I can expect solid income growth - again it took me to age 40 to get solid confidence in long term employment and income growth. I am suprised that so many under age 30 will spend this much money on a car - it seems affordable to young people because they have no real expenses yet - such as a family or household - and at this age you are not very well established in life. I hope you under 30's have very good educations, master's degrees in business, law, medicine, or science. The wonderous economic growth of the 80's and 90's may not continue, if not opportunities will be limited, the professional world is becomming more competetive every year. My company (world class engineering/technology) will only look at the top 1% of students from ONLY the top universities, and most new hires have master's or PhD's and do at least a 1 year internship before graduation to prove their worth. That will get you a $65k starting salary.

Matt · 06-29-2010, 10:24 AM

Quote:

Originally Posted by BrianMSmith

I hope you under 30's have very good educations, master's degrees in business, law, medicine, or science. The wonderous economic growth of the 80's and 90's may not continue, if not opportunities will be limited, the professional world is becomming more competetive every year. My company (world class engineering/technology) will only look at the top 1% of students from ONLY the top universities, and most new hires have master's or PhD's and do at least a 1 year internship before graduation to prove their worth. That will get you a $65k starting salary.

Depending on the area, $65k is chump change for some folks, even without a college education. I'd be pissed if I got my master's degree and someone offered me $65k a year.

fullmonty · 06-29-2010, 10:37 AM

Quote:

Originally Posted by Matt

Depending on the area, $65k is chump change for some folks, even without a college education. I'd be pissed if I got my master's degree and someone offered me $65k a year.

Ditto, in my area the starting salary for a police officer is $80K a year then after overtime its closer to $100K. And yes thats in the first year of employement. For that all you need is a 4 year degree or 4 years in the military. If I got a MBA, and the cop down the street with no college education was making more than me, my *** would be getting a new job.

Matt · 06-29-2010, 10:48 AM

Quote:

Originally Posted by fullmonty

Ditto, in my area the starting salary for a police officer is $80K a year then after overtime its closer to $100K. And yes thats in the first year of employement. For that all you need is a 4 year degree or 4 years in the military. If I got a MBA, and the cop down the street with no college education was making more than me, my *** would be getting a new job.

I feel really bad for the cops in my area. Deputies make between 32k and 39k a year. Terrible.

billydsz · 06-29-2010, 11:30 AM

I won't call it my dream car, but it is a milestone for me as it is the first new car I've ever bought for cash. It was a nice feeling getting the clear title for the car in the mail a few days after picking it up.

Unfortunately it took until I was 50 to accomplish the feat. The worst part of driving the Z for me is to see the disappointed look on a ladies' face when she was expecting a young hot guy to be driving and sees me instead.

lol

fullmonty · 06-29-2010, 01:57 PM

Quote:

Originally Posted by billydsz

I won't call it my dream car, but it is a milestone for me as it is the first new car I've ever bought for cash. It was a nice feeling getting the clear title for the car in the mail a few days after picking it up.

Unfortunately it took until I was 50 to accomplish the feat. The worst part of driving the Z for me is to see the disappointed look on a ladies' face when she was expecting a young hot guy to be driving and sees me instead.

lol

http://www.hairclubofficialsite.com/...FQuB5QodC3Ec7g

That should fix the issue

mrcardio · 06-29-2010, 11:20 PM

Quote:

Originally Posted by Matt

I feel really bad for the cops in my area. Deputies make between 32k and 39k a year. Terrible.

It's called: THE COST OF LIVING INDEX

32-39k a year really isn't "terrible" in Florida / Georgia, etc BUT in states like New Jersey it is "terrible" because the COST OF LIVING is WAY higher.

Matt · 06-30-2010, 10:09 AM

Quote:

Originally Posted by mrcardio

It's called: THE COST OF LIVING INDEX

32-39k a year really isn't "terrible" in Florida / Georgia, etc BUT in states like New Jersey it is "terrible" because the COST OF LIVING is WAY higher.

Cost of living? Wow, never heard of it!

Everyone I know makes at least double what the cops make in my area. Cost of living isn't relevant in this discussion.

mrcardio · 08-11-2010, 06:13 PM

Quote:

Originally Posted by Matt

Cost of living? Wow, never heard of it!

Everyone I know makes at least double what the cops make in my area. Cost of living isn't relevant in this discussion.

You apparently don't understand it and what does the salary of the people you say you know have to do with what cops make in the same area? The particular area where someone lives has a massive influence on what people are paid. So when you said you feel bad for Cops in your area based on their pay, that's what is not relevant.

08-11-2010, 06:22 PM

Quote:

Originally Posted by mrcardio

It's called: THE COST OF LIVING INDEX

32-39k a year really isn't "terrible" in Florida / Georgia, etc BUT in states like New Jersey it is "terrible" because the COST OF LIVING is WAY higher.

Beat me to it.

View Poll Results: Age when you got your dream car
18-24	65	29.68%
25-31	68	31.05%
32-38	31	14.16%
39-45	16	7.31%
45-51	20	9.13%
52+	19	8.68%
Voters: 219. You may not vote on this poll

06-29-2010, 10:14 AM	#1 (permalink)
BrianMSmith Enthusiast Member Join Date: Dec 2009 Location: secret Posts: 267 Drives: 370Z, Ducati 748S Rep Power: 16	$40k all said and done is a hell of a lot of money. I needed the toy car to be no more than 30% of my yearly income to be "affordable", since I support a family of 5 (+dog, +cat) on my income - which means I had to wait until age 40 to replace my Camaro SS. My wife plans to start a career in the next few years (she never worked-married me instead) - at least a part time hobby job - but her making $20-50k per year, over 10-20 years makes a huge difference on the bottom line (her income could nearly pay for 3 kids to go to college), so her going back to work is the main justification I have for spending this much on a car. Also, given my professional position I can expect solid income growth - again it took me to age 40 to get solid confidence in long term employment and income growth. I am suprised that so many under age 30 will spend this much money on a car - it seems affordable to young people because they have no real expenses yet - such as a family or household - and at this age you are not very well established in life. I hope you under 30's have very good educations, master's degrees in business, law, medicine, or science. The wonderous economic growth of the 80's and 90's may not continue, if not opportunities will be limited, the professional world is becomming more competetive every year. My company (world class engineering/technology) will only look at the top 1% of students from ONLY the top universities, and most new hires have master's or PhD's and do at least a 1 year internship before graduation to prove their worth. That will get you a $65k starting salary.

06-29-2010, 11:30 AM	#5 (permalink)
billydsz Enthusiast Member Join Date: Aug 2009 Location: New Bern Posts: 252 Drives: 9 370z SptCp SRd 7AT Rep Power: 16	I won't call it my dream car, but it is a milestone for me as it is the first new car I've ever bought for cash. It was a nice feeling getting the clear title for the car in the mail a few days after picking it up. Unfortunately it took until I was 50 to accomplish the feat. The worst part of driving the Z for me is to see the disappointed look on a ladies' face when she was expecting a young hot guy to be driving and sees me instead. lol