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It’s relative to whatever else you want to spend your money on. I spent $90k on my recent car because I love cars, and this was a relative deal (it was worth $
by parasubvert 8y ago
It’s relative to whatever else you want to spend your money on. I spent $90k on my recent car because I love cars, and this was a relative deal (it was worth $110k) with decent resale value.
I have friends that have spent $140k on their Tesla model X, or $190k on their Porsche 911 Turbo. That seems too high for me. Shrug. Everyone is different in their priorities. Most of these are leases where they’re paying maybe $5k a month. When you make $300-400k a year or more with current low rates it’s not terrible.
- vroomvroombaby 8y ago> Most of these are leases where they’re paying maybe $5k a month a fully optioned 911 turbo S lease is about $2900/month. most high end 911's lease around $2000/month. most high end bmw's and mercedes sedans (M, AMG, etc.) lease around $1500/month. these leases are usually tax deductible for business owners and consultants (1099, K1, etc). and you're right, the problem with HN is some people just have no idea how much money people in technology are really making. these lease payments are a drop in the bucket compared to personal earnings or, more to the point, a successful small business' revenue.