2006 DB9 Austin Martin???

Question

The sale price of this pre-owned car is 141,000. How much money per year would a person have to make to get a car like this.How much would you have to earn per year to get a car like this?Thanks!

Answer 1

Sorry, but if you have to ask you cannot afford it.

The insurance alone would get you.

Answer 2

Think of it like this/Good Rule of Thumb.

All the motorized vehicles you own...be it boats, ATVs, Cars, Trucks, Motorcycles...ect....their value should only add up to half of what you make a year.

So basically, in order to afford something like this car. You would probably have to make double the sales price to continue to live comfortably.  

Answer 3

This is for questions about Austin, Texas.

As for yor query, people don't make payments for cars like these, they pay cash. You don't finance an Aston Martin. A dealer would laugh in your face.

With a 6% note (and I'm taking that from mortgage brokers, because a bank will not give out a car loan like that) you'd pay over $2700 a month for a five year period (sixty payments at $2730). Next we have insurance, which would be at least a thousand a month. I didn't include taxes that would have to be paid on this vehicle (probably 8-9 thousand bucks)

Even if you could find financing, could you really shell out nearly 4000 bucks a month for five years? If you had NO OTHER expenses, you'd still have to make over 70 thousand a year... and then have no money to operate it or maintain it.

Note: I wish Yahoo would stop with the fake "taking a breather" bull puckey. This is software. It doesn't take coffee breaks. It is also interesting to note that I couldn't post this with my other e-mail account, but can using this one.