Originally Posted by R&L's C6

That's a bargain......Less than a pack of cigarettes everyday. I always get $h!t from some of of my coworkers that it must me nice to have money when they see my Vette (as they are sucking on a cigarette)

Originally Posted by michaelinmech

^
They don't know that you provide Fresh Red Lake Walleye to your dealer, in lieu of a car payment, every other month

Originally Posted by Rad22

I am of the opinion that threads like these are generally started by people who desperately want a Corvette and know in their hearts they can't afford it, but are looking for some sort of approval or voice saying "Yeah, you only live once...Do it!"

What ever happened to the old practice of sitting down with a yellow legal pad, adding up your current monthly bills...including provision for retiring someday...subtracting that from your net monthly income and making a determination, keeping in mind things like roof leaks, frozen exploding water pipes, braces, etc. On top of that, most experts would tell you that you should have at least 3-4 months of monthly income in a liquid account, readily accessible in a "rainy day" fund for illness, temporary disability, etc.

Seriously...grow up!

Originally Posted by R&L's C6

drivestwin is starting to depress me with all his figures. I'm thinking maybe I should sell mine....

Originally Posted by gofobroke

You simply cannot reconciliate buying a two seat 70 k sports car as a financially responsible decision. It is an emotional decision and therefore requires intangible justifications like " you only live once...get your vette while you can!!!"

Originally Posted by 1320vetteran

If you can move two kilos, or 3 if you were fronted the kilos, in a 24 hour period in Alaska without getting caught you can afford a C7

I'm Rex, founder of the Rex Kwan Do self-defense system! After one week with me in my dojo, you'll be prepared to defend yourself with the STRENGTH of a grizzly, the reflexes of a PUMA, and the wisdom of a man.

Originally Posted by michaelinmech

^ I took that Rex Kwan Do class twice - could never get the hang of it. I ended up with the ODOR of a Grizzly, the FINGERNAILS of a Puma and the WISDOM of the KARDASHIAN SISTERS.

Originally Posted by TX Navy Vet

take your income
divide by the number of kids you have living at home, or in college.
if the final number changes from the original number, step down the showroom and look at the Equinox.

Originally Posted by 1320vetteran

So you're a stinky, unkempt, rich *****.....you to can afford a C7. Lol

Originally Posted by thedofuss

Personally i always look at these type of things on a cost to net worth basis--nothing to do with income. how much are you worth, after all liabilities are deducted. then, i set a totally arbitrary ratio, say, 10% of my net worth as a threshold for the cost of the item. in such a case, if i had 700,000 in the bank, net, i would think that 70K for the vette would be reasonable. alternatively, an excellent rule of thumb is this: if you have to ask, you cant afford it! (of course, the best rule is:what does the wifey-poo say?)

Originally Posted by gixxerbill

hold on buddy. I can afford 10 years of not working so I believe I can afford this car. I just have always been tight because I was raised that way. My kids are gone and married and I deciding to reward me and my wife with some nice rides.(she is getting my srt8 challenger when my vette is delivered) . But then again I am only 49 and with the way the dollar is going to the toilet I was wondering for retirement reason if it is a good idea or not t o throw 77k at a car that only carries two people.

Originally Posted by Achmed

A friend of mine ordered a fully optioned C7 for $82k in Canada (including taxes) and his annual base salary is $67k lol. He owns a condo which he rents out, and lives with his parents for free.

Originally Posted by R&L's C6

That's a bargain......Less than a pack of cigarettes everyday. I always get $h!t from some of of my coworkers that it must me nice to have money when they see my Vette (as they are sucking on a cigarette)

Originally Posted by Rad22

I didn't mean to offend. It's just that these decisions are highly personal and each case is different. There are so many variables, it's impossible to give any meaningful advice in a forum like this.

Moreover, if you're seeking sound financial counseling on a Corvette forum, you're already screwed.

Originally Posted by gixxerbill

Ok lol. I guess I just thought it would be interesting or what motivates people(me) to drop a bunch of money on a depreciable asset. I finally just said like Buger did to Tom Cruise in "Risky Business"..."sometimes you just got to say what the f..." and go for it.

I really don't thing a dirty diaper could be that bad anyway right?

Originally Posted by drivestwin

We own things for a while(10 years) so I looked at the value of a 2004. It is worth about 50% of what it cost new.