i am currently bringing home 2 paychecks a month that equal out to 1250$......my car payment (72 month) and insurance are 490 and 300$

so....1250/790 = over 50 % i dk how to do the math.. .how do you? 58.22%

so give me some statistics on how much of all u evo owners make/////

 

i make bout 30k. My payment is 391. Grante i traded my 01 Integra type r and a 97 CRV. Thats for a 06 evo rs

 

Bought mine used for 19,600 (knew the guy, otherwise it was going to go for 23K), put down $9600, paying off 10K in 3 years at $278.80 a month. Insurance is $115 a month (a rate I siltl don't get, even witha family plan it should NOT be this "cheap" ona young driver such as I), so $394.13 goes into my car mothly. I make about $1000-1500 dollars a month being a full time student, so about 26%-39% goes into paying the thing. If we factor in mods, gas, and some fluids here and there, about 90% sounds reasonable . I'm laughing, but that not sarcasm .

 

15.6% of my monthly income goes into my Evo payments/insurance.

 

otd its was like 29 and some change. i still have temporary tags on it and now i have 2300 miles.

 

17% of my monthly income pays my Evo 8.

 

about 45% if you include gas and everything else (maintenance etc..)

 

23% including payment and insurance

 

10% loan payment and insurance, not counting fuel or mods

 

26% goes for payment and insurance. Have not factored gas, fluids and all the maintnance.

 

Not including fuel, maintenance, or modifications, my Evo only costs me about $550 a year. (Registration + liability insurance.)

The last time I spent a significant portion of my income on a car was in '94 when I bought a new RX-7. At that time, the loan payment amounted to about 13% of my gross income; with insurance, probably 15% or 16%. I can't imagine spending over 20% on a car -- well, unless I was maybe a full-time student living at home.

But more power to you guys who want a car that badly and go out and get it.

On the other hand, my mortgage payment currently comes to about 44% of my gross income.