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Old 12-05-2005, 06:34 PM
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swchang swchang is offline
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Quote:
Originally Posted by The HACK
Not if you live in L.A. and recently bought a house (within the last year).

Median price for a house in Irvine is reacing $750,00. For someone making $200,000+ a year it'd be somewhat financially irresponsible to own an M3...The insurance and upkeep plus the monthly payment and mortgage would basically mean nearly 85% of your monthly take home goes to the car and the house. A little too close for comfort if you ask me.

Rest of the country its another matter.
The person making $200k a year could also just buy a cheaper house. Surely they exist?
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