BMW Owners Salary

Burrcold · 08-11-2023, 11:35 AM

~$300k

wtwo3 · 08-11-2023, 03:46 PM

Quote:

Originally Posted by Burrcold

~$300k

Audi owner's salary is legit

c1pher · 08-11-2023, 04:01 PM

Quote:

Originally Posted by Burrcold

~$300k

I think I lost the script. What are you referring to? $300k CDN is about $225k USD.

ASAP · 08-11-2023, 04:55 PM

Net Worth - $16.4M

HHI - $995k

Expenses - $1200 per month

My BMW cost me 0.00002% of my salary

Occupation: professional liar

c1pher · 08-11-2023, 05:04 PM

Quote:

Originally Posted by ASAP

Net Worth - $16.4M

HHI - $995k

Expenses - $1200 per month

My BMW cost me 0.00002% of my salary

Occupation: professional liar

Everyone in the Porsche forums claim to pay with a briefcase full of cash. No one appears to need a loan over there.

Burrcold · 08-11-2023, 05:30 PM

Quote:

Originally Posted by wtwo3

Audi owner's salary is legit

Got 3 kids though so...lol

Quote:

Originally Posted by c1pher

I think I lost the script. What are you referring to? $300k CDN is about $225k USD.

Yes CAD, but you can't just convert to USD. My counterparts in the US are making the same in USD or more.

wtwo3 · 08-11-2023, 05:34 PM

Quote:

Originally Posted by Burrcold

Got 3 kids though so...lol

Oh don't even get me started on that.... I will be sure to remind my kids when they're older that they prevented me from having a Ferrari in the garage.

Burrcold · 08-11-2023, 05:51 PM

Quote:

Originally Posted by wtwo3

Oh don't even get me started on that.... I will be sure to remind my kids when they're older that they prevented me from having a Ferrari in the garage.

Haha same! My wife does work as well (makes $110k) but housing prices here are stupid, and the three kids are all into competitive cheerleading, and dance, and this, and that. College will be around the corner (well 5 more years for the oldest), but I'm already starting to sweat over that expense as well. RS5/M3 money is all I'm comfortable spending right now unfortunately...or maybe fortunately the way the economy is.

wtwo3 · 08-11-2023, 05:55 PM

Quote:

Originally Posted by Burrcold

Haha same! My wife does work as well (makes $110k) but housing prices here are stupid, and the three kids are all into competitive cheerleading, and dance, and this, and that. College will be around the corner (well 5 more years for the oldest), but I'm already starting to sweat over that expense as well. RS5/M3 money is all I'm comfortable spending right now unfortunately...or maybe fortunately the way the economy is.

Yeah don't know if "unfortunate" is the correct term to use

I feel your pain... my kids are still small... 5 and 1. But childcare expenses between private school and the nanny, not including things like diapers, food, clothes, etc, is coming in at about $4k a month. That's definitely ferrari money.

Burrcold · 08-11-2023, 05:59 PM

Quote:

Originally Posted by wtwo3

Yeah don't know if "unfortunate" is the correct term to use

I feel your pain... my kids are still small... 5 and 1. But childcare expenses between private school and the nanny, not including things like diapers, food, clothes, etc, is coming in at about $4k a month. That's definitely ferrari money.

Yup, definitely first world problems, but hey this is a BMW forum asking about salaries lol.

TOOLFAN69 · 08-11-2023, 06:17 PM

I work in healthcare and make 90k a year, my wife is a VP in HR at a financial company and makes around 250k. My dad died in January and left each of his his 3 kids about 800k. I’m using about 55k of my inheritance for a down payment on an M340 xdrive. If it wasn’t for the inheritance I would never have thought about buying a BMW even though our household makes about 350k a year. Most of our salary goes to investments. Also our oldest child is starting college in two weeks.

Brandoch · 08-11-2023, 08:45 PM

I make $20,000 year Canadian.

c1pher · 08-11-2023, 09:35 PM

Quote:

Originally Posted by Brandoch

I make $20,000 year Canadian.

You have room for explosive growth and aggressive expansion.

wtwo3 · 08-11-2023, 10:33 PM

Quote:

Originally Posted by c1pher

You have room for explosive growth and aggressive expansion.

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Size: 134.7 KB

Brandoch · 08-12-2023, 12:18 AM

Quote:

Originally Posted by wtwo3

Attachment 3251660

pegogetem · 08-12-2023, 11:14 AM

YOLO

MarkOK · 08-14-2023, 04:50 PM

My wife and I combine for about $300K a year. My salary is searchable information as a a 'state employee' (find the right website, enter my name, and bingo, you see how much I got paid each month for the last 10 years) so I have no qualms about talking numbers.

We are right around 40 - net worth about 600K but that is mostly just retirement and house equity (in other words, doesn't matter much). My job is very stable (tenured engineering professor), her job is decently stable, one preteen kid, and we are 1/3 of the way through a 30 year mortgage. Our other two cars are Toyotas that have long been paid off and have been cheap to own.

The $80K we spent on a BMW last year didn't feel too rich and I don't blink at the price of gas for it. It definitely feels more comfortable than when we spent $30K on a Toyota 10 years ago when we made about 40% less, had a fresh mortgage, and a kid in daycare.

To add: We paid off student loans a decade ago, and didn't have that many thanks to several scholarships, going to cheap public state schools, and working a lot during our undergrads (grad schools were paid for through research assistantships, fellowship, etc). My kid will be able to go to the university I work at (you can guess which one based on my location) tuition-free as a perk of the job, so I'm not worried about that. Though, I really hope she leaves this state and experiences more of the world after that.

And we have yet to inherit a dime from anyone, nor expect to. Lucky in some things in life, but not in others.

Germanauto · 08-14-2023, 07:33 PM

About $350k this yr, should get to ~$400k next yr.

But i have massive student loans, pay a lot in rent, and pay a lot in taxes (see location). I'd make my life easier if I moved to any state besides New York

tahoeacr · 08-14-2023, 08:12 PM

Quote:

Originally Posted by jwt2440

I made my money the old fashioned way. I inherited it.

I wish I was part of that lucky sperm club. I had to marry in to mine.

FCX5 · 08-14-2023, 10:04 PM

Wife and me $750K (+ stocks and bonus) this year. Both in tech. She is a principle architect at AWS, me an exec at a software company. Luckily no debt, around $150 K left to pay on our 15 year mortgage…no car payments etc etc. trying to live a stress free life 😊

Davesrb · 08-14-2023, 10:33 PM

Bavar-ian · 08-16-2023, 05:41 AM

No cars are as expensive as where i am.
Singapore.
The x5 LCi is going for a good usd380k right now.

08-11-2023, 11:35 AM	#397
Burrcold Brigadier General 5320 Rep 3,962 Posts Drives: 2024 M3 Comp xDrive Join Date: Oct 2019 Location: Toronto, Canada iTrader: (0)	~$300k __________________ Current: 2024 BMW M3 Competition xDrive \| 2022 Audi Q7 Gone: 2022 Audi RS5 \| 2020 BMW M340i \| 2019 Audi RS5
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08-11-2023, 04:55 PM	#400
ASAP Major General 10161 Rep 8,626 Posts Drives: '23 X3 M40i Join Date: Sep 2012 Location: FL iTrader: (0)	Net Worth - $16.4M HHI - $995k Expenses - $1200 per month My BMW cost me 0.00002% of my salary Occupation: professional liar __________________ 2 x N54 -> 1 x N55 -> 1 x S55-> 1 x B58
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08-11-2023, 06:17 PM	#407
TOOLFAN69 Enlisted Member 5 Rep 34 Posts Drives: 2023 M340i Xdrive. Join Date: Jul 2023 Location: Ankeny, IA iTrader: (0)	I work in healthcare and make 90k a year, my wife is a VP in HR at a financial company and makes around 250k. My dad died in January and left each of his his 3 kids about 800k. I’m using about 55k of my inheritance for a down payment on an M340 xdrive. If it wasn’t for the inheritance I would never have thought about buying a BMW even though our household makes about 350k a year. Most of our salary goes to investments. Also our oldest child is starting college in two weeks.
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08-11-2023, 08:45 PM	#408
Brandoch Lieutenant 462 Rep 471 Posts Drives: 2009 E93 M3 DCT Join Date: Dec 2017 Location: BC Canada iTrader: (0) Garage List 2009 BMW E93 M3 [9.50] 2011 BMW F25 X3 28i [8.50]	I make $20,000 year Canadian.
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08-12-2023, 11:14 AM	#412
pegogetem Second Lieutenant 130 Rep 206 Posts Drives: BMW 740i Join Date: Aug 2023 Location: Texas iTrader: (0) Garage List 2023 BMW 740i [5.00]	YOLO
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08-14-2023, 04:50 PM	#413
MarkOK New Member 50 Rep 27 Posts Drives: 2023 BMW M440i Convert. Join Date: Aug 2022 Location: Stillwater OK iTrader: (0)	My wife and I combine for about $300K a year. My salary is searchable information as a a 'state employee' (find the right website, enter my name, and bingo, you see how much I got paid each month for the last 10 years) so I have no qualms about talking numbers. We are right around 40 - net worth about 600K but that is mostly just retirement and house equity (in other words, doesn't matter much). My job is very stable (tenured engineering professor), her job is decently stable, one preteen kid, and we are 1/3 of the way through a 30 year mortgage. Our other two cars are Toyotas that have long been paid off and have been cheap to own. The $80K we spent on a BMW last year didn't feel too rich and I don't blink at the price of gas for it. It definitely feels more comfortable than when we spent $30K on a Toyota 10 years ago when we made about 40% less, had a fresh mortgage, and a kid in daycare. To add: We paid off student loans a decade ago, and didn't have that many thanks to several scholarships, going to cheap public state schools, and working a lot during our undergrads (grad schools were paid for through research assistantships, fellowship, etc). My kid will be able to go to the university I work at (you can guess which one based on my location) tuition-free as a perk of the job, so I'm not worried about that. Though, I really hope she leaves this state and experiences more of the world after that. And we have yet to inherit a dime from anyone, nor expect to. Lucky in some things in life, but not in others. Last edited by MarkOK; 08-14-2023 at 08:54 PM.. Reason: Added the to add:
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08-14-2023, 07:33 PM	#414
Germanauto Major General 9703 Rep 6,084 Posts Drives: Alfa Romeo Giulia, Rosso Join Date: Jul 2016 Location: LA iTrader: (0)	About $350k this yr, should get to ~$400k next yr. But i have massive student loans, pay a lot in rent, and pay a lot in taxes (see location). I'd make my life easier if I moved to any state besides New York __________________ Former -2008 E90 328 black/brown -2012 Lexus IS250 black/black Last edited by Germanauto; 08-14-2023 at 07:40 PM..
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08-14-2023, 10:04 PM	#416
FCX5 Colonel 2382 Rep 2,632 Posts Drives: X5 50i Join Date: Dec 2020 Location: Washington, DC iTrader: (1)	Wife and me $750K (+ stocks and bonus) this year. Both in tech. She is a principle architect at AWS, me an exec at a software company. Luckily no debt, around $150 K left to pay on our 15 year mortgage…no car payments etc etc. trying to live a stress free life 😊
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08-14-2023, 10:33 PM	#417
Davesrb Private 184 Rep 57 Posts Drives: '23 840i, '24 X6 40i, '19 X7 Join Date: Jan 2022 Location: The Emerald Coast of Florida iTrader: (0) Garage List 2019 BMW X7 [9.00] 2024 BMW X6 40i [7.50] 2023 BMW 840i [0.00]
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08-16-2023, 05:41 AM	#418
Bavar-ian Private First Class 178 Rep 158 Posts Drives: X5 G05 Join Date: Apr 2022 Location: N/A iTrader: (0)	No cars are as expensive as where i am. Singapore. The x5 LCi is going for a good usd380k right now.
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