Subaru vehicles in Malaysia is offering buyers of the Subaru Forester a special rebate package that is worth
With that price bump, what are the features that make this facelift worth it?
should not be paying more than 20% of your monthly salary on the cars monthly repayment, thats a minimum net
Effective 1-Jan 2021, SunAgata Supercars Sdn Bhd has become the new sole distributor for Lamborghini
At a starting price of RM 185,900, it begs the question, is it worth spending that amount for the Accord
Because thats what you do to make 740 PS. 40 PS more than a Lamborghini Aventador SV.
Holdings Dato Sri Syed Faisal Albar revealed that the X50 project will purchase about RM 1.8 billion worth
should not be paying more than 20% of your monthly salary on the cars monthly repayment, thats a minimum net
to stop the vehicle, they discovered 80 canvas bags carrying 1.5 tonnes of ketum leaves estimated to worth
should not be paying more than 20% of your monthly salary on the cars monthly repayment, thats a minimum net
Honda Jazz was launched in Malaysia back in 2014While it may not the newest model on sale, is it still worth
questioning, it was revealed that the boy had left the house after his mother refused to purchase him a Lamborghini
20 percent of your monthly salary for your car’s repayment, you’ll need to bring home a net
Are the additions worth it?
At the ongoing 2020 Bangkok International Motor Show, Lamborghini Bangkok showcased a number of their
The latest donation is worth RM 80,000 and includes new items based on feedback given by the hospital
delivery within a 20 km radius from your preferred dealership, and even a free deep sanitisation package worth
Over the long weekend, residents in Bangsar were treated to a unique sight of a Lamborghini Aventador
paying more than 20% of your monthly salary on the car’s monthly repayment, that’s a minimum net
Stephan Winkelmann, President and CEO of Automobili Lamborghini, has revealed a roadmap of the company
#WATCH: Cardi B surprises Offset with 2021 Lamborghini Aventador for his 29th Birthday. The car net worth is $518,000. AuthenticVoice https://t.co/tGGIx9oiKG
My net worth went from Lamborghini to Tesla real quick. I see what you did there Elon. $RSR $VRA https://t.co/vJcfJOWr2g
Stevie Nicks net worth. .. $63 Million.. Her home in La and her 5 cars.. 2 Mercedes 🔥Porch 🔥Lamborghini 🔥and A Audi. That Goddess has earned every dime.! https://t.co/gDdqJ7FiFE
If skeppys net worth is $4.6 million dollars, then why doesn't he buy a Lamborghini if he always wanted one?!?! This diamond man doesn't make sense smh... https://t.co/QweKINLr4x
I see a yellow Lamborghini in my near future but I need a net worth of $4Ms before I buy a $400,000 car
Can I just skip to 25 An have a Lamborghini and a net worth of 38 million.
Telugu superstar Jr. NTR boasts of an impressive net-worth of Rs. 440cr. He has now added another feather to his cap, since he has become the first person in India to own the coveted Lamborghini Urus Graphite Capsule SUV. Impressed! #Lamborghini #JrNTR https://t.co/g5GCQXLKRD
Satan’s net worth is over 4 million, he lives in a multi million dollar mansion, and drives a Lamborghini. Meanwhile, my kind hearted ass doesn’t have a pair of leggings without a hole in them and can’t afford books for this semester. Satan is Jake Paul btw.
@BenMakesGames1 @elonmusk @SenWarren So what you're saying is you want him to turn Tesla from what is supposed to be production car to exclusive and sell 100 a year like Ferrari or Lamborghini and cap his earnings. You also realize most of his net worth is stocks he has yet to sell?
fb gave me a memory, 2 yrs ago I calculated Bezos's net worth in Lamborghini Aventadors and it was ~268k, this year it's ~490k this means he could replace every car in the state of Montana w/a $419k Lambo and still have 50,000 cars left over to crash in to each other or whatever
"Net worth" has little to do with it. One could have a high net worth through the ownership of real estate, but have very little cash. One would therefore have to sell property to buy the car. Most financial advisers would view this as an unwise decision, at least from the standpoint of building wealth. Sam Walton and Warren Buffett never bought supercars. Buying an expensive car is more dependent on cash flow: having cash or other liquid assets with which to buy the car ($250K-375K, depending on model), plus plenty of cash for maintenance, insurance, and fuel. These ongoing expenses can easily add up to $10-20,000 per year. What percentage of your income you want to fork over for a car is a personal decision, but safe to say your gross income should be a few hundred thousand dollars per year for this to not be a stupid decision.
Lamborghini is not that big of a deal. I live in the UK. At the time of the answer there are 38 used Lamborghini cars listed on the autotrader, asking less than £82,000 which is the starting price for a Tesla Model S. Cheapest is less then £60,000: You can compare with the real expensive car: One of the comments mentions, that there are much cheaper 2004 Ferraris. This is correct. I found exactly one MUCH, MUCH cheaper on autotrader today:
Don’t confuse net worth and income which are very different ways of measuring wealth. Someone could make $1,000,000 a year but save very little. Someone else could have a net worth of $10,000,000 but live off the interest which might yield only $100,000 annually. There are many high earners who live paycheck to paycheck and blow their income on fancy cars, meals, travel, jewelry, etc. They can earn but never learn to invest or save. A $2,000,000 home only requires a 20% down payment to purchase as long as you can show a steady high income. This asset would only contribute $400,000 to one’s net worth. Such high earners are definitely well off because they always have the option of cutting expenses and increasing wealth relatively easily.
A new Aventador costs around $400,000 dollars and that’s the normal version and regular services will cost you $10,000 so obviously you need home to live etc. So you have to be a millionaire around net worth of 20 millions. Also not to mention the depreciating part the Aventador one year old costs $250,000–300,000 so within one year you will lose $100,000 and not to mention you can’t use the car most of the time because you can’t do anything with it.
Please stop asking ignorant questions like this. If you have to ask this site whether you can afford it, then you almost surely cannot. Any car costs X dollars to purchase, and more money to operate, maintain, insure, and store. It takes even more money to track your car if that is of interest, and to fix it if damaged. It is a complicated and inexact process to figure out the total acquisition and cost of use for any vehicle. Most people make a reasonable, approximate guess regarding whether the answer is comfortably within or outside their means. Over time, you get more experience and familiarity with the ownership costs of various vehicles, but it’s still just a more educated guess as to what any given vehicle will cost over the time you have it. It is nearly impossible for random Quorans to figure out the budgetary answer with any precision for your unique and unspecified situation. Only YOU can add up all the costs and determine what portion of your budget shall be used to support your car and any lifestyle choices associated with it. Only YOU can determine what level of spending and savings is appropriate to support your life and anyone else’s for which you are responsible. Only YOU can figure out an additional safety reserve that might be additionally needed to cover any unexpected financial situations. In simple terms, your ,annual, salary should likely be MULTIPLES of the total cost to purchase and take care of your supercar. Whether its a minimum of 2x or 2000x, or somewhere in between is for YOU to decide, NOT US. Your net worth is relevant to the discussion, but what is likely much more important is your consistent earning power and annual income to support your lifestyle and vehicle needs. If you want to narrowly assess your ability to purchase a car based just on net worth, which is an ill-advised and likely foolishly risky approach, then just ask yourself how much of your net worth do you want to have tied up in a vehicle’s total cost of purchase and ownership? Off the cuff, I certainly would never want much more than five or ten percent of my worth tied up in an automobile, however “super”. Vehicles are not the most liquid or reliably valued form of assets, especially supercars. In any case, you have enough income or net worth to afford such a vehicle when it is a purely discretionary purchase. You have “enough” when the purchase and ownership costs would not meaningfully affect or risk the lifestyle that you or those for whom you are responsible are living. Please use Quora bandwidth wisely, and not for hypothetical life guidance or wealth management rules and advice.
One can always do a little arithmetic to answer this question. In the United States, a person is usually 22 years old when graduating from college. Four years later, at 26 years of age, the person graduates from medical school. Becoming a Radiologist requires 1 year in a general medicine internship or transitional year plus 4 years of residency training in Radiology. American Board of Radiology requires 1 additional year of eligibility to qualify for the certification examination. We now have a Board certified Radiologist starting his/her first job at 32 years of age. The typical US medical school graduate carries around $250,000 of loans that become due upon completion of Residency training. This indebtedness is repayable at around $60,000 per year for 5 years. (We shall assume there is one, just for the completeness of the answer.) Starting salary for a Radiologist in an US metropolitan area is around $350,000 per year. The Federal and State income taxes and fees on that amount may be $122,500. Renting a 1-bedroom apartment in a decent area, perhaps $36,000 per year less utilities and furnishings; health insurance, $12,000. Professional expenses (Malprac, prof. dues, etc.) might run around $25,000. The net take home before personal living expenses ends up around $94,500. The MSRP of a brand new 2020 Lamborghini starts around $205,000. Monthly lease payments is typically $3,600 ($43,200/yr), $15,000 down. Perhaps it would be worthwhile waiting for the Lambo until the medical school loan has been repaid.
According to the economic basics, one should not spend me more than 10% of net worth on vehicles. Ferraris and Lamborghinis are worth around $200,000. So, your net worth should be more than $2 million. But, many people buy cars of cost worth 40% of their net worth. So, in this case, your net worth should be $500,000. Decide what you want.
To buy a company all you need is to get the owner(s) of the company to agree to sell it to you at a price you are willing to pay. Lamborghini is owned by Audi, which is owned by Volkswagen. So you just need to get Volkswagen to agree to sell it to you. They might or might not be willing to sell it to you at the amount they have it on their books for (1.8b Euros). If they don’t want to sell it, you can’t buy it.
The Bugatti Chiron starts at $3,000,000. The Lamborghini Huracan starts at $199,800. The Ferrari 488 starts at $252,800. (Good luck finding a dealer that will sell you a 488 at $252,800, though.) As you can see, these cars are priced drastically different, and have completely different target markets. The average Bugatti owner’s net worth is $200 million. The average Ferrari driver’s salary is $400,000. That’s why you see more Ferrari’s and Lamborghini’s on the road.