Quote:
Originally Posted by ItIsChrisM
3% of gross.
Loan. 6 year term (5 remaining).
Should probably clarify if that's towards a lease or a loan, no? Terms might help too if you're trying to make comparisons.
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Assuming 0% down and a 80k MSRP M4, you make 460K a year if a 1150 dollar payment is 3% of your gross income. Why are you driving a M4? And better yet why are you making payments for 72 months on it? WTF?