Goals have a way of motivating people. If your goal is to buy a brand-new Porsche 911, you'll have to motivate yourself to at least this level of income.

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An annual income of at least $500,000 is sufficient.

 

The point of this post is senseless. If people can't figure out how to budget, they should speak to their accountant. Nearly a year ago I purchased a beautiful 2011 Carrera S with 18k mi. in mint cond. for half the price of a new one. I make significantly less than six figures and am retired. I have no problem making the payments. According to Kelly Blue Book it's still worth what I paid for it. It has a very desirable color & options, and may possibly appreciate in value. I do most of my own maintenance by the way. To me it's just part of owning a sports car. There is nothing on a new one that I need, so why waste the cash?

 

I agree 100%. I don't think I'll ever by a new car again. I just don't see the reasoning behind it, especially given I won't ever be purchasing a collector car that will increase in value.