What is a good salary to buy a Mercedes/BMW?

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Mark

I want to buy a luxury car like MB or BMW that is around 35k. My salary is 80k and I'm single with no kids. I own an average home.

Answer
I would have said you likely earn enough but I see you live in California and your housing cost is high.
You might want to talk to a credit union and see if you can get pre approved for the model you want since even if you do decide to have dealer finance they will give you a better deal if your credit union is already offering a good rate and talk to your insurance agent to see if which you are most willing to pay insurance on.
that is really about the same price as a car like a Prius 5 so at least before maintenance that model your are considering might not be horrible.
I notice the used cars made by EU companies seem lower priced in California than in states where they are less common at least the 4 door models
You bank or credit union website is likely to have loan calculators to tell you how much you will spend per month and you can plug in differences interest rates and duration of loan

Moving to Dubai for 1-2 years max. Budget of 35k usd to buy a car. Should I buy a new one or a used?

luiscarlos

My objective is to loose the less money possible when selling it after 1 1/2 years. Maybe getting a 3 year old luxury brand car or getting a NEW economic car?

Answer
New cars and luxury cars depreciate the most. I'd suggest buying something 1-2 years old. Still has warranty, probably still has service contract, close enough to new that you might as well be driving a new car. And 20%-40% cheaper than the same car new.

For $35k you could buy a nearly new mid-range Mercedes which holds value better than most. Or Toyota 4WD which also holds value well.

Here's a few tips about buying cars in Dubai...
http://www.dubaifaqs.com/car-buy-sell-in-dubai.php

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What are some reliable used cars from $28k-35k that were made in 2003-2005?

luxury cars 35k image

jason j

I just want to know especially for entry level luxury cars.

Answer
2007 Cadillac DTS

2005 BMW 330ci
2003 BMW 530i - Automatic - Navigation - $29000

2004 MB E320
2004 Porsche Boxster

2006 Infiniti G35 Coupe

2002 Lexus LS 430 Sedan

2003 Lexus GX 470 Sport Utility 4D

look on www.cars.com

Why are Americans buying and driving gas guzzlers, and then complaining about the gas prices?

Happy Gues

Seriously, it seems to me that the people complaining the most, are the one's abusing the gas supply/demand the most! But maybe people don't agree with me on this? Is this just my personal bias?

This might also be a "class" issue, because I live in a lower-middle class and working class community and I see so many SUVs and big trucks driving around. I was told that closer to colleges there are more hybrids and economy cars than luxury and SUVs. But I personally don't know if this is true.

Long and well thought-out answers are valued more here. Take your time, I can't even pick an answer until tomorrow.

Answer
i love the "all we can afford is a huge gas guzzling SUV" argument! oh yes, those people who are out buying freakin' escalades are definitely too poor to buy a hybrid.

the problem here? EGOTISM. people are so obsessed with status. they work this crap job but need to feel good about themselves so they buy the biggest hunk of metal they can find. in addition, americans feel they are entitled to whatever the hell they want, damn the consequences. and then they're entitled to complain about the consequences that are their own fault anyway.

so let's look at some base prices here and you tell me what's more expensive.
american suv's-
chevy avalanche: 32k
equinox: 22k
suburban: 37k
tahoe: 34k
trailblazer: 35k
ford exploder: 27k
sport trac: 25k
expedition: 34k
freestyle: 26k
and we're not even going to count luxury brands like caddy and lincoln.

now, let's compare to hybrids.
prius: 22k
camry hybrid: 26k
civic hybrid: 21k
insight: 19k

and what's that about lifetime cost? ha! okay, you have fun replacing your alternator every other year and sticking hundreds of dollars of gas into your massive beast. meanwhile, i'll quietly drop thirty bucks into my gas tank every month or so. and change my oil every now and then. that BS about hybrids having a total cost of ownership that's soooo high is so ignorant. lifetime gas costs alone over an SUV purchase should but your TCO in half.

the first three hybrids i named are perfectly suitable for families. the civic might be a little small but the camry is the same size and the regular camry, the quintessential family car, and the prius is almost as big inside.

working class does NOT equal SUV drivers based solely on financial situation. if it were solely financial, we'd all be driving 1999 honda civics. in fact, the class issue you mention seems almost backward. if you have an suv, chances are you spent much more on it than you would have spent on a regular car.

college students are working class people. probably poorer. many state university professors make 30k a year, which is certainly NOT upper class. however, there tends to be more forward thinking at places of higher education which may play a part in choice of car purchase. we all know this current political and geological situation will not sustain SUVs, so why buy one? choice. not financial or any other circumstance.

anyone who as an SUV needs to shut up about gas prices, because they're contributing to the demand increases that dictate prices.

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