[Fizzy]

Just how much do you have to make to afford a 130,000$ 360? I know it may be a stupid question.. but i'm curiouse, i'm not famliar with economics at ALL, and i was just on ebay lookin at some auctions.. what kind of money do you need to afford one of those?

 

[Dj Dirk]

how about a minimum of $130.000 :lol:

 

[Boxer]

It all depends on what your priorities and other financial commitments are. $300k would be a minimum.

 

[Pete04222]

I agree with Boxer, I'd say you should have at least a $300k income before thinking about a 360. Anything less and your paycheck is just going into the car. Not a good situation to be in no matter how cool the 360 is.

 

[GPLUS]

I have a fairly modest income.I think a person should start somewhere and trade up. I know several people who bought a corvette then a viper then a porsche then a ferrari. I'm one of them. I had good equity in my porsche so when I traded I did'nt have to fork out so much.This system really works just start somewhere and then keep going up.
Just my 2 cents I love my 360 everyone should own one before they leave this place. Also GOD has a lot to do with it.

 

[Dr. Bob]

well, you should earn enough to keep the car running. What's the use of getting 130.000 dollar, you buy the car, but you do not have any money for gas, oil, service etc.
About the corvette, viper, porsche thing... You can start with a Dino 308 GT4, upgrade to a 328 GTS, proceed to the F355, and by the time you have more than enough money, upgrade to the 12 cylinder models

 

[360 Spyder]

Well, let's break it down like this...

$130,000 Ferrari. With a 60 month, 0% intrest rate loan (WHICH IS NOT GOING TO HAPPEN) - 130,000 divided by 60...$2166.67 a month. BUT, intrest will increase that! Multiply that by 12 and you are paying $26,000 a year for just the car. That does not include insurance, gas, tires, oil, servicing, or living expenses such as food and home. Nothing but the car with 0% intrest (which will not happen :wink: ) $26,000 a year.

So...you need to make some serious green to be able to step up to that plate.

But...set your mind to it and you will accomplish it. Don't let those who failed or did not try bring you down. Work, work hard and it will happen.

 

[Andrew]

It all depends on where you live too. $300k in my hometown would get you a 360, no problem.

In a city like San Francisco, Tokyo, NY, etc that same $300k will be depleated more quickly if you plan to own a home before buying a luxury car.

 

[Pete04222]

Well, let's break it down like this...

$130,000 Ferrari. With a 60 month, 0% intrest rate loan (WHICH IS NOT GOING TO HAPPEN) - 130,000 divided by 60...$2166.67 a month. BUT, intrest will increase that! Multiply that by 12 and you are paying $26,000 a year for just the car. That does not include insurance, gas, tires, oil, servicing, or living expenses such as food and home. Nothing but the car with 0% intrest (which will not happen :wink: ) $26,000 a year.

So...you need to make some serious green to be able to step up to that plate.

But...set your mind to it and you will accomplish it. Don't let those who failed or did not try bring you down. Work, work hard and it will happen.

That's why I said $300k would be a reasonable annual income to swing a 360. You gotta figure in the house note and expenses. I hope you would have a house that is worth more than your car!

 

[360 Spyder]

That's why I said $300k would be a reasonable annual income to swing a 360. You gotta figure in the house note and expenses. I hope you would have a house that is worth more than your car!

The sad thing is that around here, there is a ton of Section 8 housing (Government subsidised for those who can not afford a home) that the people who live in them have cars worth far more than the home. Makes me mad to see a family of 5-6 kids coming out of those houses and getting into a new BMW or Mercdedes. There once was even a Rolls Royce that lived there. That person ended up being arrested for fraud though, so he got his just rewards.

 

[Pete04222]

Well, I for one will NEVER own a car that is worth more than my house!

Hey, my Ferrari is only worth $30k, does that mean I can get rid of the big house and buy a double-wide? I've been stressing on my wife the benefits of a smaller house (ours is 3,000 sq ft) but she just isn't on the same page as me. I mean all I want is a big garage and some sort of a house with a working toilet. Oh but no, she has her "needs".

 

[Boxer]

Pete, Suggest you reach a compromise. 3000 sq ft of house, 3000 sq ft of garage. I would also keep at least one toilet and one shower, :wink:

 

[Pete04222]

Pete, Suggest you reach a compromise. 3000 sq ft of house, 3000 sq ft of garage. I would also keep at least one toilet and one shower, :wink:

Thanks for the tip, I forgot about a shower. Actually, I am looking at about a 1,500 sq ft garage. I told my wife that I want a garage that is big enough that I can back the jeep into it, on it's trailer, and close the door in front of the truck. I'm thinking one big door on the end, offset (for the truck and trailer, boat, motorhome, whatever) and one small door on the side (the Ferrari door). Still leave me plenty of room for my workshop.