I want to buy a luxury car like MB or BMW that is around 35k. My salary is 80k and I'm single with no kids. I own an average home.What is a good salary to buy a Mercedes/BMW?I would have said you likely earn enough but I see you live in California and your housing cost is high.
You might want to talk to a credit union and see if you can get pre approved for the model you want since even if you do decide to have dealer finance they will give you a better deal if your credit union is already offering a good rate and talk to your insurance agent to see if which you are most willing to pay insurance on.
that is really about the same price as a car like a Prius 5 so at least before maintenance that model your are considering might not be horrible.
I notice the used cars made by EU companies seem lower priced in California than in states where they are less common at least the 4 door models
You bank or credit union website is likely to have loan calculators to tell you how much you will spend per month and you can plug in differences interest rates and duration of loanWhat is a good salary to buy a Mercedes/BMW?trick question
correct answer:
rich people don`t have salaries, they have assets, that produce them passive income and they take that income and buy even more assets
passive income = you get money whether you work or not, like the owner of the company, where you are employed
read "Rich Dad, Poor Dad" and T.Harv Eker`s books
and stop impressing people
the one`s that like you, hate it when you brag
the one`s that don`t care, won`t care
the one`s that hate you, will hate you even moreWhat is a good salary to buy a Mercedes/BMW?you said u have enough to buy a rolls royce before, and i answered your question, royce vs maybach, and u said ur gonna have sex with your girlfriends, and ur 15 and want stocks, ? who are u even?What is a good salary to buy a Mercedes/BMW?
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