BMW Owners Salary

ASAP · 08-11-2023, 05:55 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, 06:04 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, 06:30 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, 06:34 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, 06:51 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, 06:55 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, 06:59 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, 07:17 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, 09:45 PM

I make $20,000 year Canadian.

c1pher · 08-11-2023, 10:35 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, 11:33 PM

Quote:

Originally Posted by c1pher

You have room for explosive growth and aggressive expansion.

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Brandoch · 08-12-2023, 01:18 AM

Quote:

Originally Posted by wtwo3

Attachment 3251660

pegogetem · 08-12-2023, 12:14 PM

YOLO

MarkOK · 08-14-2023, 05:50 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, 08:33 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, 09:12 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, 11:04 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, 11:33 PM

Bavar-ian · 08-16-2023, 06:41 AM

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

MY340i · 09-16-2023, 03:59 AM

Quote:

Originally Posted by Bavar-ian

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

90% of that is some ridiculous Singapore tax.

M3_Dust · 09-16-2023, 03:20 PM

Thanks to social media, everyone seems to know what UPS guys make now.

OUGrad05 · 09-21-2023, 09:46 PM

I run my own office, my compensation is variable and depends on how my clients do to a large degree. Last few years household income has looked like this:
2020: 207k
2021: 240k
2022: 320k
2023: est 260k
2024: planning on 250k
2025: planning on 280k

08-11-2023, 05:55 PM	#397
ASAP Major General 10883 Rep 9,062 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, 07:17 PM	#404
TOOLFAN69 Enlisted Member 6 Rep 36 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, 09:45 PM	#405
Brandoch Lieutenant 881 Rep 810 Posts Drives: 2009 E93 M3 DCT Join Date: Dec 2017 Location: BC Canada iTrader: (0) Garage List 2009 BMW E93 M3 [9.75] 2011 BMW F25 X3 28i [8.50]	I make $20,000 year Canadian.
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08-12-2023, 12:14 PM	#409
pegogetem Second Lieutenant 264 Rep 382 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, 05:50 PM	#410
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 09:54 PM.. Reason: Added the to add:
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08-14-2023, 08:33 PM	#411
Germanauto Major General 9844 Rep 6,144 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 08:40 PM..
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08-14-2023, 11:04 PM	#413
FCX5 Colonel 2549 Rep 2,753 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, 11:33 PM	#414
Davesrb Private 198 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 [9.50] 2024 BMW X6 40i [8.13] 2023 BMW 840i [10.00]
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08-16-2023, 06:41 AM	#415
Bavar-ian Private First Class 204 Rep 166 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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09-16-2023, 03:20 PM	#417
M3_Dust Michelin Man 452 Rep 755 Posts Drives: F10 535i M Sport Join Date: Apr 2008 Location: on forums iTrader: (0)	Thanks to social media, everyone seems to know what UPS guys make now.
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09-21-2023, 09:46 PM	#418
OUGrad05 Captain 575 Rep 889 Posts Drives: 2023 i4 and 2022 Acura MDX Join Date: Oct 2012 Location: United States iTrader: (0)	I run my own office, my compensation is variable and depends on how my clients do to a large degree. Last few years household income has looked like this: 2020: 207k 2021: 240k 2022: 320k 2023: est 260k 2024: planning on 250k 2025: planning on 280k __________________ 2023 i4 eDrive40 2022 Acura MDX
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