[1MOREMOD]

Are we gonna see a picture of your living room next

[01101001]

Originally Posted by SakhirM4

I've never made 6 figures in my entire life by myself (with my wife we did) and now that I am retired, I never will. What does age have to do with making 6 figures.

But I have owned 18 BMWs, my home is paid for and I paid cash for my M4. You don't have to make 6 figures to achieve success.

1. he said he is working to make 4 figures... that means he's under 10k/yr... which generally you'd have to be very young to make that, or work 10 hours a week at a minimum wage.

2. 18 BMWs and never six figures? So in other words, you made $99,999.... or those were some reeeeeeeeaaly used BMW's. I'm midway through life, and I've only owned about 5 cars... so something's not adding up here.

[F30lolz]

Originally Posted by 01101001

Well how can you be making less than $10k at 38?
Are you Kato, living in O.J.'s garage?

UncleWede, Samurai of 2day & MKSixer support my addictions.

[PoorLurker]

The guy saying four figures is trolling you obviously.


Personally, I have two internet jobs and own an F80. My first internet job makes $5k and I hope that my second one will get me there quickly.

My friend in my car crew works at a large retailer and owns a 2014 M5. He does make that much money but he saves a lot and already paid it off!

[Mr Tonka]

I've decided to give up inspecting those damn beavers and decided to be a laptop CEO so that i can afford a new M car. I think getting one of those 6 figure deals will be awesome.

[UncleWede]

Originally Posted by F30lolz

UncleWede, Samurai of 2day & MKSixer support my addictions.

Support is such a strong word

[SakhirM4]

Originally Posted by 01101001

1. he said he is working to make 4 figures... that means he's under 10k/yr... which generally you'd have to be very young to make that, or work 10 hours a week at a minimum wage.

2. 18 BMWs and never six figures? So in other words, you made $99,999.... or those were some reeeeeeeeaaly used BMW's. I'm midway through life, and I've only owned about 5 cars... so something's not adding up here.

I personally never made more than $85K and my wife never more than $75k, so between us, we never made more than $160k gross. Of the 18 BMWs (that's over 40 years time), 7 of them were new and the oldest was 6 years old (a 1998 540i we bought in 2004 as a second car). Our house is paid for, our cars are paid for, we have no debt at all, and $400k+ in savings. You don't have to make megabucks to live comfortably when you spend smartly. But that's just me.

[Germanauto]

Originally Posted by 01101001

While Warren Buffet is often the go to example in his 20 year old pickup truck, I would have to disagree largely with that sentiment. Most buyers of $250k+ cars aren't living out of them... they already have tens of millions of dollars, so for them, buying a Bugatti is like you buying a 2001 Kia Rio. And when you have tens of millions of dollars, simply dumping that in the stock market is going to buy you a fleet of new cars every year if you choose to do that instead of reinvest.

Now I know I asked about M3+ owners, not Ferrari and Bugatti owners, but I'm just making the point that people buying hugely expensive cars often times already have the rest of their life in order, and the car is nothing to them.

That's why I asked the question. I was curious for honest answers, but instead it's open mike at the comedy store. I'd be curious to know if Subway sandwich workers are driving M3's.

I was talking more about your $40K - $80K type luxury car "owner." I agree with all your sentiments though.

[Germanauto]

Originally Posted by SakhirM4

I personally never made more than $85K and my wife never more than $75k, so between us, we never made more than $160k gross. Of the 18 BMWs (that's over 40 years time), 7 of them were new and the oldest was 6 years old (a 1998 540i we bought in 2004 as a second car). Our house is paid for, our cars are paid for, we have no debt at all, and $400k+ in savings. You don't have to make megabucks to live comfortably when you spend smartly. But that's just me.

Depends where you live too due to taxes, home prices, etc. Congrats to you and your wife though being able to enjoy life and live comfortably.

[ASAP]

I mean simple math... if u finance a 70K m3 for 7 years... ~$833 a month... well then, yeah i guess you could make 12k a year after taxes and afford one lol

[pgviper]

Originally Posted by 01101001

Heh, the name is just a play on digital information. Everything passing through a CPU on every device in the planet... just 1's and 0's.

Yes, i'd be curious too... but that information is only known by BMW Financial, lol.

I know, its hex!

[01101001]

Originally Posted by ASAP

I mean simple math... if u finance a 70K m3 for 7 years... ~$833 a month... well then, yeah i guess you could make 12k a year after taxes and afford one lol

Well when I was a teen... I did let a homeless friend of mine sleep in the back of my Dodge Dart for a couple weeks. I parked it in an alley behind the house and some guy tried to break into it while he was sleeping in it, rofl.

[01101001]

Originally Posted by pgviper

I know, its hex!

No, hex is base 16, not base 2.

Hex includes 0-9 and A B C D E F

Binary is just 0 and 1.

[01101001]

Originally Posted by 1MOREMOD

Are we gonna see a picture of your living room next

?? MY living room? LOL... it's a disaster, and not particularly large.

[Biorin]

Originally Posted by 01101001

No, hex is base 16, not base 2.

Hex includes 0-9 and A B C D E F

Binary is just 0 and 1.

There are 10 kinds of people in this world. Those who can read binary, and those who can't.

[SakhirM4]

Originally Posted by Germanauto

Depends where you live too due to taxes, home prices, etc. Congrats to you and your wife though being able to enjoy life and live comfortably.

You are right. For 21 years, I was in the Air Force and lived in Texas, California, Thailand, Germany, California again, Spain, Italy, Turkey and then Texas again. Definitely depends on where you live.

[aozer]

Originally Posted by 01101001

No, hex is base 16, not base 2.

Hex includes 0-9 and A B C D E F

Binary is just 0 and 1.

Hex is also just 1 and 0...

[01101001]

Originally Posted by aozer

Hex is also just 1 and 0...

Japanese, chinese, korean, english, russian, ... are all just changes in air pressure on the ear drum.

By the time it goes through the CPU, yes, it's all 1 and 0.
If you're suggesting base 16 = base 2... no... no more than japanese = english.

https://en.wikipedia.org/wiki/Radix

[Samurai of 2day]

Originally Posted by F30lolz

UncleWede, Samurai of 2day & MKSixer support my addictions.

I'd rather work at a job I love on a daily basis making only 10k a year, than work at a job I hate making 200k a year.

It has been mentioned a few times in this thread, anything can be bought... whether or not you can afford should be the true deciding factor.

[TrevorM3]

Originally Posted by Germanauto

I've found that a lot of truly wealthy people don't even drive very special cars because they understand that wealth doesn't come from investing in depreciating "assets" like cars.

Personally, I would do exactly that if I weren't such a car nut. Unfortunately I will likely lose tens of thousands of dollars in earnings due to my hobby.

wealthy people don't invest in cars. there is no "investing" in cars. rich people already know this... they buy, keep for 6 months, get a new one.

[InternetFame]

Freelance OBGYN.

[Taskmaster]

I'm a director.