What's your most expensive car?

$3,000 cash, while working 15 hours a week making $7.50 an hour. I don't feel like doing the math.
 
Last car I purchased was a 1994 Acura Integra, based on my income this year (paid for it this year too) it comes to about 8% :D I'd rather wait and buy a car I really want then get stuck in payments for something mediocre.
 
airmenair said:
I'd rather wait and buy a car I really want then get stuck in payments for something mediocre.
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Uh, what? It's usually the opposite. For example my car's fuel pump died a few weeks a go. I wondered what I could get if my car failed catastrophically. So I was thinking I could get another piece of crap for less than 10 thousand, or I could make car payments on a car worth many times that.
 
Yeah, I got myself "stuck in payments" but it sure as hell wasn't something mediocre!
 
Lotus cost me about 80% of my net income. Which sounds insane (and probably is), but then it was mostly funded by selling a VW Golf, which I inherited.
 
My Camry's final price before down payment and trade in was 83% of my gross income. I financed it for 75 months so the payments are low, however, the car is still worth more than what I owe the bank because of the large amount of money I put down from trade in and down payment.


At the time I bought it, my RX8 was 70% of my gross income (same job and pay), but it was purchased used and the Camry was purchased New.
 
MXM said:
Lotus cost me about 80% of my net income. Which sounds insane (and probably is), but then it was mostly funded by selling a VW Golf, which I inherited.
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Do you mind if I ask how much you paid for it?
 
JCE said:
I bought a 3000GT VR4 which was $450/mo car payment and insurance was $250/mo = $700/mo and I was only making $1200 after taxes. What's that like 60%?
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Ouch! :blink:

Mine would have to be my Stealth TT. After doing the math it came to about 38% but my payments and insurance were no where near that.
 
45% - Chrysler 300M
60% - Jaguar S-type R (but I got a raise a few months later when I switched jobs and this went down to 45%)
 
My company paid cash 16,000 GBP for my then new 406 estate it is a special build a one off in the detail. I bought it a few months later for 12,200GBP cash.
 
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