Personal Finance
Typical n atypical owners of toyota altis and ferrari
By paullowinvestmentjourney  •  August 8, 2015
Toyota altis - all in yearly expenditure around $20kTypical owner - earns 100k or less pa. Thus altis eats up 20% of income.Atypical owner - earns 500k or more pa. Altis eats up <5% of income which is quite negligible. Can afford benz E200 or S class yet opts for altis. Ferrari - all in yearly expenditure around $100kpa. Road tax already $20-30kpa if i am not mistaken. Yearly depreciation around $50k pa or more. Typical owner - earn in excess of 1mil pa. N he will have a host of other cars. Total cars costs will not exceed 10% of income. Atypical owner - earn 500k. Blows 20% of income on this. He struggles to keep up with super rich on image. Maybe owns another altis to save running costs of his ferrari. The person in the first group shd take bmw unless there are compelling reasons ...
...
Read the full article
By paullowinvestmentjourney
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance
Shares & Derivatives Buy More Keppel DC REIT or Sell Off All? Mixed Signals From Analysts And Market Noise After Q1 2024 Results. By Investment Income for Life • April 26, 2024
Invest What is the optimal number of stocks for your portfolio? By The Fifth Person • April 26, 2024
Shares & Derivatives Frasers Centrepoint Trust Reports a Slight Dip in DPU: 5 Highlights from the Retail REIT’s Latest Earnings By The Smart Investor • April 26, 2024
Property Selling Your Home In 2024? 5 Realistic Hard Truths Sellers Need To Know By Stacked Homes • April 25, 2024