I always see people driving around Lamborghinis and can’t help but wonder if they’re literally drowning in money or they’re making poor financial decisions. As someone who’s not an expert on cars, I would really love Reddit’s opinion.
Let’s say hypothetically, you’re in your late 20’s early 30’s with no kids, wife, or debt. What percent of your income at that point (or in general) would you be comfortable spending on a like really quality concept/sports car? Would 20% be too much (like a BMW i8, Porsche Carrera etc.)?
If you are reading this and have purchased a really nice car like $100k+, what financial position were you in and what factors shaped your decision?
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