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  1. #1
    DF VIP Member Soulassassin's Avatar
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    Default What percentage of your salary did your car cost?

    After seeing the thread on mortgages in the D&D I wondered what sort of price people pay for there cars. Not trying to be nosey as to what people earn, just an idea of what percent they pay for a car. If you pay monthly just use the purchase price when you bought it.

    For example if I earn 20k per year and my car cost 5k thats 25%. You may have the car 5 years but making it work out at 5% per year but its the 25% figure Im after.

    For me my car cost 50% of my annual salary but it will be paid off next month...
    Last edited by Soulassassin; 27th August 2010 at 03:36 PM. Reason: added example.
    If nature always takes the easiest route, what's easier...?
    The creation of billions of galaxies each containing trillions of stars each with their own solar systems, some with planets that have evolved civilisations with billions of different life forms. OR The creation of just your imagination?

  2. #2
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    Default Re: What percentage of your salary did your car cost?

    way to much

  3. #3
    DF VIP Member Little John's Avatar
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    Default Re: What percentage of your salary did your car cost?

    110% but I had saved £6k for deposit will be paid off in a few month

    I have decided I like it too much to get shut for a year or so so free motoring for me for a bit.

    never underestimate the power of stupid people in large groups!:thumbup:

  4. #4
    DF VIP Member Soulassassin's Avatar
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    Default Re: What percentage of your salary did your car cost?

    Quote Originally Posted by Little John View Post
    110% but I had saved £6k for deposit will be paid off in a few month

    I have decided I like it too much to get shut for a year or so so free motoring for me for a bit.
    I have a feeling that might be the highest figure...
    If nature always takes the easiest route, what's easier...?
    The creation of billions of galaxies each containing trillions of stars each with their own solar systems, some with planets that have evolved civilisations with billions of different life forms. OR The creation of just your imagination?

  5. #5
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    Default Re: What percentage of your salary did your car cost?

    Just about 25% not including the deposit although its all paid for now.

  6. #6
    DF VIP Member Little John's Avatar
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    Default Re: What percentage of your salary did your car cost?

    Its probably more actually but you need to remember I have nothing else to pay car stuff and phone and a bit of rent.

    never underestimate the power of stupid people in large groups!:thumbup:

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    Default Re: What percentage of your salary did your car cost?

    i've got a lease car with work, and i pay £16 a month (VW golf 1.9 tdi)

  8. #8
    DF VIP Member desc's Avatar
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    Default Re: What percentage of your salary did your car cost?

    40% but I bought it before I landed myself a house. Now I'm stuck with it for the foreseeable :s

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    Default

    About 60% for me but that's mortgage down to me having a shit job and my dad giving me 5k for the deposit. It's paid off now which is good

  10. #10
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    Default Re: What percentage of your salary did your car cost?

    10%

  11. #11
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    Default Re: What percentage of your salary did your car cost?

    0.26% - had a company car for a bit then that taken back but from what I paid for the car am using against what am on

    All paid for and a few years left in her yet hopefully


  12. #12
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    Default Re: What percentage of your salary did your car cost?

    20%

  13. #13
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    Default Re: What percentage of your salary did your car cost?

    My car was also 20% of my annual salary. Though I traded my old car in and added a little to provide a 40% deposit - got a low interest rate and I'll make small payments over the next three years before changing again.

    The highest % of my wage goes into savings for a mortgage, boring as it may be it seems it's the only way to get a good mortgage these days is with a chunky deposit.

  14. #14
    DF VIP Member blacksheep's Avatar
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    Default Re: What percentage of your salary did your car cost?

    are you talking new value or what you paid for it - I mean if someone buys a 5 year old car for 30% of it's value are you looking at that or the new price tag?

  15. #15
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    What you paid for it I guess. That's how I worked my figure out.

  16. #16
    DF VIP Member Eazi's Avatar
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    Default Re: What percentage of your salary did your car cost?

    10%, paid cash so will run it till it dies then buy another
    Nil Illigimtus Carbarundum


  17. #17
    DF VIP Member Little John's Avatar
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    Default Re: What percentage of your salary did your car cost?

    My sister paid over double her salary for her pug 207cc GT

    never underestimate the power of stupid people in large groups!:thumbup:

  18. #18
    DF VIP Member Soulassassin's Avatar
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    Default Re: What percentage of your salary did your car cost?

    Yeah the full price you paid for your car as a percentage of what you earn a year.
    Not bothered how long you have had it or if you owe anything on it. Im really just curious what the norm is.
    If nature always takes the easiest route, what's easier...?
    The creation of billions of galaxies each containing trillions of stars each with their own solar systems, some with planets that have evolved civilisations with billions of different life forms. OR The creation of just your imagination?

  19. #19
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    RSV's Avatar
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    Default Re: What percentage of your salary did your car cost?

    My car cost me roughly 20% my salary but I paid for it outright & it should last me a couple of years plus I should hopefully get a substantial pay rise in the next year or so.

  20. #20
    DF VIP Member blacksheep's Avatar
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    Default Re: What percentage of your salary did your car cost?

    mine was aprox 12-15% of my pre tax salary when I got it.

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