What did you or do you do to afford a C7 ZR1?
05-30-2018, 04:47 PM
#41
It's a car. If you can reasonably afford it, buy one. You can't take it with you and regret is a horrible thing. I go to work every day, if I want something I buy it. I know of someone who is well off. Talked of buying an upper level Mercedes. Never did. Suddenly one day, Alzheimer's set in. Now she doesn't know the difference. I'll be damned.
Last edited by 3rdgrey; 05-30-2018 at 04:49 PM. Reason: Add correct
05-30-2018, 06:10 PM
#42
Pro
It's a car. If you can reasonably afford it, buy one. You can't take it with you and regret is a horrible thing. I go to work every day, if I want something I buy it. I know of someone who is well off. Talked of buying an upper level Mercedes. Never did. Suddenly one day, Alzheimer's set in. Now she doesn't know the difference. I'll be damned.
Simple rule, if your yearly take home pay is-
double the price, no issues
equal to the price, it's probably a bad financial decision
half the price, you are an idiot
05-30-2018, 11:01 PM
#43
Can't tell if you're serious, but given that sarcasm is lost on the 65+ crowd according to the American Psychological Association...I'll assume you are.
Some people won't spend more than a certain amount on any vehicle regardless of income, and that's on no one to judge. Everyone's propensity to allocate funds to any given expenditure varies greatly. However, in the context of a discussion amongst car enthusiasts, the notion of "at least $800K/year" in income to buy a $140K Chevy is a bit ridiculous.
Some people won't spend more than a certain amount on any vehicle regardless of income, and that's on no one to judge. Everyone's propensity to allocate funds to any given expenditure varies greatly. However, in the context of a discussion amongst car enthusiasts, the notion of "at least $800K/year" in income to buy a $140K Chevy is a bit ridiculous.
05-31-2018, 04:35 AM
#44
I'm surprised there are no doctors here. I'm not one, but I do work in healthcare. The nice thing about healthcare as far as pay is concerned is that you are paid by the hour. The starting salary for an ER doc at my hospital is $250,000. With that kind of salary, toys like ZR1's are very affordable.
05-31-2018, 01:46 PM
#45
Melting Slicks
I'm surprised there are no doctors here. I'm not one, but I do work in healthcare. The nice thing about healthcare as far as pay is concerned is that you are paid by the hour. The starting salary for an ER doc at my hospital is $250,000. With that kind of salary, toys like ZR1's are very affordable.
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GrapemanZR1 (05-31-2018)
05-31-2018, 01:50 PM
#47
Contractor for a major aircraft manufacturer
05-31-2018, 01:53 PM
#48
Melting Slicks
05-31-2018, 01:54 PM
#49
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"Ask Tadge" Producer
05-31-2018, 01:57 PM
#50
Melting Slicks
Most docs are either salaried or get a production based incentive, but time has nothing to do with it unless you work shifts in the ER or as a locum tenens.
I can spend an extra 2+ hours talking to a patient and their family about their cancer, or running a different CT based 3D simulation to make small adjustments.......and I do it because it's the right thing to do, not because it's billable.
05-31-2018, 03:09 PM
#51
Instructor
Well, that's not really the case for 99% of MD's....we aren't lawyers.
Most docs are either salaried or get a production based incentive, but time has nothing to do with it unless you work shifts in the ER or as a locum tenens.
I can spend an extra 2+ hours talking to a patient and their family about their cancer, or running a different CT based 3D simulation to make small adjustments.......and I do it because it's the right thing to do, not because it's billable.
Most docs are either salaried or get a production based incentive, but time has nothing to do with it unless you work shifts in the ER or as a locum tenens.
I can spend an extra 2+ hours talking to a patient and their family about their cancer, or running a different CT based 3D simulation to make small adjustments.......and I do it because it's the right thing to do, not because it's billable.
A most noble profession....
05-31-2018, 03:41 PM
#52
Burning Brakes
How about this? ......Just kidding, of course
Step 1: Order a ZR1 the way you want it.
Step 2: When it comes in, rob a bank and run to the dealer to pay for
it in cash.
Step 3: Drive it right into a storage facility and set it up for long-
term storage.
Step 4: Go home, try to lay low, and live your normal, routine life
until...
Step 5: You get arrested, tried, convicted and sentenced. For a first
offense it shouldn't be too bad--maybe 7-10 years.
Step 6: Upon parole/release, run to your storage facility and get the
car out.
(NOTE: Actually, it would probably have be better to serve/spend
20 years in jail because the car would be worth more 20 years
old rather than 7-10 years old.)
Step 7: Bring the car to the next Barrett-Jackson or Mecum auction
and sell it for twice--or more--what you paid for it.
Step 8: Go to your nearest Chevy dealer and buy a C10 (or C11 by
then) electric/hybrid/hydrogen-powered Corvette.
Step 9: Ride off into the sunset with your new supercar.
Step 2: When it comes in, rob a bank and run to the dealer to pay for
it in cash.
Step 3: Drive it right into a storage facility and set it up for long-
term storage.
Step 4: Go home, try to lay low, and live your normal, routine life
until...
Step 5: You get arrested, tried, convicted and sentenced. For a first
offense it shouldn't be too bad--maybe 7-10 years.
Step 6: Upon parole/release, run to your storage facility and get the
car out.
(NOTE: Actually, it would probably have be better to serve/spend
20 years in jail because the car would be worth more 20 years
old rather than 7-10 years old.)
Step 7: Bring the car to the next Barrett-Jackson or Mecum auction
and sell it for twice--or more--what you paid for it.
Step 8: Go to your nearest Chevy dealer and buy a C10 (or C11 by
then) electric/hybrid/hydrogen-powered Corvette.
Step 9: Ride off into the sunset with your new supercar.
05-31-2018, 04:00 PM
#53
Melting Slicks
05-31-2018, 04:06 PM
#54
Instructor
05-31-2018, 09:47 PM
#55
What dud tiy di ti affird a ZR1
Well, don't have a ZR1, yet.
2017 Z07 instead.
My wife left me and took half my wealth.
I now have more disposable income to do with what I please.
2017 Z07 instead.
My wife left me and took half my wealth.
I now have more disposable income to do with what I please.
05-31-2018, 10:17 PM
#56
Burning Brakes
I’m a real plumber!!! I started at 19 (cuz I didn’t know what to go to college for) worked at a company for 4 years until I got my journeymen, and then started my own company. Now I’m 6 years running! Very stressful though at the beginning.
Last edited by tbrenny33; 05-31-2018 at 10:18 PM.
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desmophile (05-31-2018)
06-01-2018, 09:34 AM
#57
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I had one on order but cancelled it. Can't decide if I want a ZR1 or a C8.
What did I do to be able to afford it? Went to work for a start up and a big part of my compensation was stock options / RSUs (restricted stock units). Worthless at first, ultimately the company was bought out and $$$$$. In the end the non-stock portion of my comp was lunch money.
My advice is pretty simple. When you reach the mid point of your career, go find a start up company that needs your expertise. Get in on the ground floor and help make it a success. Depending on the company, it can be extremely lucrative. None of the original people that were in on the ground floor are currently working anywhere. No need to.
Stock options from a start up. Only way to fly.
What did I do to be able to afford it? Went to work for a start up and a big part of my compensation was stock options / RSUs (restricted stock units). Worthless at first, ultimately the company was bought out and $$$$$. In the end the non-stock portion of my comp was lunch money.
My advice is pretty simple. When you reach the mid point of your career, go find a start up company that needs your expertise. Get in on the ground floor and help make it a success. Depending on the company, it can be extremely lucrative. None of the original people that were in on the ground floor are currently working anywhere. No need to.
Stock options from a start up. Only way to fly.
06-03-2018, 06:05 AM
#59
Nothing wrong with that. I wish that was the case for me. I guess that's another side of finding a good career - figuring out how to enjoy some of the money (perhaps buying a new ZR1) and saving enough to help give your kids/family a better place to start than you had.
06-03-2018, 10:39 AM
#60
Le Mans Master
I had one on order but cancelled it. Can't decide if I want a ZR1 or a C8.
What did I do to be able to afford it? Went to work for a start up and a big part of my compensation was stock options / RSUs (restricted stock units). Worthless at first, ultimately the company was bought out and $$$$$. In the end the non-stock portion of my comp was lunch money.
My advice is pretty simple. When you reach the mid point of your career, go find a start up company that needs your expertise. Get in on the ground floor and help make it a success. Depending on the company, it can be extremely lucrative. None of the original people that were in on the ground floor are currently working anywhere. No need to.
Stock options from a start up. Only way to fly.
What did I do to be able to afford it? Went to work for a start up and a big part of my compensation was stock options / RSUs (restricted stock units). Worthless at first, ultimately the company was bought out and $$$$$. In the end the non-stock portion of my comp was lunch money.
My advice is pretty simple. When you reach the mid point of your career, go find a start up company that needs your expertise. Get in on the ground floor and help make it a success. Depending on the company, it can be extremely lucrative. None of the original people that were in on the ground floor are currently working anywhere. No need to.
Stock options from a start up. Only way to fly.
Ps. I do know one other individual that retired through the same route however.