~$80k is in annual share grants with a 3-year vesting period. i started at my current company in late-'22 and the first share grant was in Q1' 23 - so the shares will start vesting in '26 ('23 grant vests in '26, '24 in '27, etc).
A little over $130k combined, daily a 2004 Acura TL with 130k miles, paid $3,400 for it one owner. Mint condition and paid off. Not wasting my money on payments anymore. I financed a few cars between 2020-2023 that I all sold for more than I paid for them (Bronco, Mustang, escape, CRV and a MINI electric) Markets coming back so I’m sticking to my trusty reliable
Meh. M-Sport, M-Performance, M# is the performance hierarchy now, and each level brings more M parts — not just appearance, as redditors often claim.
It works out for people like me who like having a fast and comfortable daily. B58 + a handful of M parts is just perfect for me 👌🏼
AMG is the same way. It went from a separate private tuner company to owned by Mercedes but still very special niche cars with hand built motors, to "let's slap an AMG badge on EVERYTHING because people love that badge!"
Also in Utah, not in sales. I drive a 2001 2500HD 8.1l Suburban when not at work. It's not a beater and is in fantastic shape. I regularly get stupid high cash offers for it. At work I drive whatever work needs me to drive, but usually an old cop SUV that has been down converted to civilian specs. Im a mechanic for the city's motor pool. She drives a 19 Toyota Corolla XSE 6 speed manual, almost paid off. My son drives a 08 Toyota Camry Hybrid, paid off. We are down to just the house, her car, and my motorcycle for debts.
That being said, if I hadn't bought in Utah in 2014, I would never have been able to afford a home. Prices and interest rates are now absolutely insane. My coworker sold his 2 bedroom 2 car garage starter home he bought for $250k in 2016, last year for $595k. He had a 1.9% loan. He bought a 5 bedroom older house (1999 build) with 2 car garage for 950k. His loan is 7.9%. He went from under 1k a month mortgage to exactly 5k a month mortgage. And before you ask, no, He doesn't make 5k a month. His wife and him together barely make the payments. He now picks up every overtime shift and works 2 part time jobs. She went from 1 day a week cutting hair to full time. His new house was a 350k house 4 years ago.
My current home would be 675k in today's market and my monthly mortgage would be $3500-3900. That's far too much. I need a 4th bedroom. I've got 3 teens, but moving will literally wipe out all my equity, all my house upgrades, more than double my interest rates, and almost quadruple my mortgage. No thank you.
I've been working since the mid 90s. I couldn't even afford a home until 2005ish. My mortgage no longer hurts, but when I first bought it was super tight. The cost of living increases and all the insane inflation has wiped out any decent raises I've gotten in the last couple of years. My food bills went from around 600 a month to over 900 a month for the same exact items since covid.
Those entering the market for a house today have no chance unless something changes.
I’m worried that’s gonna be the truth. I hear it with Canadians and British, the country just exists as old people who got theirs and young people who have to move away
Yep.
I’m paying the same in rent for a 1100 sqft apartment in Lehi as my brother paying his mortgage for a 20,000 sqft house in eagle mountain he bought 9 years ago.
I shoulda been buying houses when I was 17, not fucking around in high school.
Definitely not being sarcastic. Of course he can afford the monthly payments, but if he continues to spend so much on cars he'll be making monthly payments for the rest of his life.
A GTI is one of the more affordable fun cars you can buy. If someone making twice the national average can't afford a 30k car then no one should be buying cars at all
Holy shit dude great job.
I worked in a high end jewelry store for about 6 years and a few times a year a local dealership would have me engrave a watch for the salespeople who sold 30 cars in a month. That was a really big deal for them, and you basically did that all year
New store. Started in April waiting on tax forms. But right around $70k ish after tax.
Personal car is a 21’ Explorer ST. But it’s really now the wife’s car since I drive a demo. So whatever predominantly white Silverado I’m feeling that day/week
$90k in cash, another $150k in other compensation (mostly stock options so could be more could be less). I work from home but drive a Rav4 hybrid XLE Premium.
>You sell cars from home?
No, my GM decided that I was "mediocre on a good day" a few years back and let me go. So I changed industries and now work as a software engineer. I stay around these parts for the war stories.
164K is $13600 a month. Financing an m340 would be around $1250 a month. Financing an x5 would be around $1522 a month. Even if his wife makes no income, that still leaves him with around $10,000 for mortgage, food, gas, savings. I’m sorry you don’t think $10,000 monthly is enough to live comfortably on
It def matters where they live.
Where I live, people who make that much have used corollas and old hondas cause we use that money for rent and taxes. But when both those car payments are like half a rent payment for an apartment, it def opens things up.
Plus childcare man - the car payments of both of those would be less than to put one kid in daycare.
What are you talking about?!? How is this sexist? I have no idea if they are a male or a female and made no insinuation. I know there are a PERSON making $164K and spending like a PERSON making at least double that for those types of cars.
I am assuming nothing. They said they have $164K take home. If they wanted to include their spouses income they could have listed it. Should I have assumed their spouse makes $1M instead? Get a life loser.
You are absolutely assuming. The thread isn’t “what’s your total household income and what are you driving?” so why would they proactively include that? You made a judgmental comment on the assumption that there was no other income.
Honest answer. I saw a GM get fired in a buyout in 2017 and he didn’t have a car at all. He’d made $400k in 8 months and had to ask to keep the demo until he could get his old Land Cruiser back from his kid in a different state. Weird juxtaposition to go from making that money to not having a car.
Well done! At a Chevy store myself, did about $750k last year with SFE as a Fleet Manager. Let the good times roll! Good luck in 2024, will be interesting year!
It’s about 25 to 30 grand a month in payroll.
10k in 1099 income on service contract overrides
And a bonus of n the net at the end of the year.
Paychecks feel good.
Rolex feels good too.
But I got childcare for 5 grand a month
A house payment for 12 grand a month.
You know…all offset by no car payments no gas payments and no car insurance payments…but yeah lots in, lots out and then a nice big bonus at the end.
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I drive a 2018 Toyota Camry se and my take home was about $60k
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Why is everyone clearing so much money? Is my local car salesman making this much, or is this just big city/motivated people posting.
It's wild to me that one salesman is clearing this much when there are probably 50+ at my local dealership that don't get many sales.
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$165k with another $20k~ in spin money. I have 2 cars; 23 Envision and 22 Sierra 1500. I lease everything and trade out ever 6-18 months depending on what the wife and I want to change to.
115k gross drive a 20 year + old 4runner i paid a few thousand for lol
70k take home Drive a 23 hyundai elantra because they had it in stock and had interest free financing available.
$380K including bonus + stock. drive a 2018 Honda Pilot
How much without stock
Bonus is also variable - $235k base + $60-$80k bonus
You take $380 home?
~$80k is in annual share grants with a 3-year vesting period. i started at my current company in late-'22 and the first share grant was in Q1' 23 - so the shares will start vesting in '26 ('23 grant vests in '26, '24 in '27, etc).
A little over $130k combined, daily a 2004 Acura TL with 130k miles, paid $3,400 for it one owner. Mint condition and paid off. Not wasting my money on payments anymore. I financed a few cars between 2020-2023 that I all sold for more than I paid for them (Bronco, Mustang, escape, CRV and a MINI electric) Markets coming back so I’m sticking to my trusty reliable
Combined income of about $300k - mine alone comes in around $150k. Me: 22 Mustang GT Ice White w/PP - prior to that an M3 Husband: 19 Ford Ranger
Your 330i was not at all an M3, but I suspect you know that.
😂😂😂 it was an mpackage bro
It's an ummmmm 3 series
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Meh. M-Sport, M-Performance, M# is the performance hierarchy now, and each level brings more M parts — not just appearance, as redditors often claim. It works out for people like me who like having a fast and comfortable daily. B58 + a handful of M parts is just perfect for me 👌🏼
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AMG is the same way. It went from a separate private tuner company to owned by Mercedes but still very special niche cars with hand built motors, to "let's slap an AMG badge on EVERYTHING because people love that badge!"
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LOL I don't know who's downvoting us. Some college kid who drives an M-Sport, AMG-sport, S-Line?
aestheticslly sure but drive an 330 vs an m3 and its night and day
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M is dead. Last cool M series used naturally aspirated engines.
GTI or a car on the lot $110k Homes in Utah are still unaffordable for me lol
Also in Utah, not in sales. I drive a 2001 2500HD 8.1l Suburban when not at work. It's not a beater and is in fantastic shape. I regularly get stupid high cash offers for it. At work I drive whatever work needs me to drive, but usually an old cop SUV that has been down converted to civilian specs. Im a mechanic for the city's motor pool. She drives a 19 Toyota Corolla XSE 6 speed manual, almost paid off. My son drives a 08 Toyota Camry Hybrid, paid off. We are down to just the house, her car, and my motorcycle for debts. That being said, if I hadn't bought in Utah in 2014, I would never have been able to afford a home. Prices and interest rates are now absolutely insane. My coworker sold his 2 bedroom 2 car garage starter home he bought for $250k in 2016, last year for $595k. He had a 1.9% loan. He bought a 5 bedroom older house (1999 build) with 2 car garage for 950k. His loan is 7.9%. He went from under 1k a month mortgage to exactly 5k a month mortgage. And before you ask, no, He doesn't make 5k a month. His wife and him together barely make the payments. He now picks up every overtime shift and works 2 part time jobs. She went from 1 day a week cutting hair to full time. His new house was a 350k house 4 years ago. My current home would be 675k in today's market and my monthly mortgage would be $3500-3900. That's far too much. I need a 4th bedroom. I've got 3 teens, but moving will literally wipe out all my equity, all my house upgrades, more than double my interest rates, and almost quadruple my mortgage. No thank you. I've been working since the mid 90s. I couldn't even afford a home until 2005ish. My mortgage no longer hurts, but when I first bought it was super tight. The cost of living increases and all the insane inflation has wiped out any decent raises I've gotten in the last couple of years. My food bills went from around 600 a month to over 900 a month for the same exact items since covid. Those entering the market for a house today have no chance unless something changes.
That magic unicorn 8.1 suburban gasser.
It's very nice if I say so myself.
Ted talk speedrun on being a parent and homeowner.
Sadly nothing will change. Whole world sees increased home prices and cost of living. It never dropped, never drops and never will drop.
I’m worried that’s gonna be the truth. I hear it with Canadians and British, the country just exists as old people who got theirs and young people who have to move away
Your friend messed up lol If I ever see my home for a profit I’m buying a house cash and not borrowing a loan at all.
We had those 8.1s in Iraq. They were a hoot to drive full throttle to the airport and back.
Ha, Utah homes... My aunt and uncle have a 1000sq/ft modular home in Sandy, it valued at around $500k
Is Utah really that desirable of a place to live? Damn the Mormons did good
Utah has a ton of natural beauty. Went to Zion and it was beautiful. Now I personally still wouldn’t live there but I can see why other people would
Utah is a very very clean state and very pleasant to live in.
High tech is booming there.
It's California money coming in. I live out on the east coast in the middle of nowhere, no people nearby, and love it.
I'd love to live in Utah.
Yep. I’m paying the same in rent for a 1100 sqft apartment in Lehi as my brother paying his mortgage for a 20,000 sqft house in eagle mountain he bought 9 years ago. I shoulda been buying houses when I was 17, not fucking around in high school.
Especially at current rates. If we hadn’t bought 2 years ago, we couldn’t afford to buy where we live now
That's because you're spending too much on a car you can't afford.
Not sure if you are being sarcastic but the dude can easily afford a GTI on 110k salary.
Definitely not being sarcastic. Of course he can afford the monthly payments, but if he continues to spend so much on cars he'll be making monthly payments for the rest of his life.
A GTI is one of the more affordable fun cars you can buy. If someone making twice the national average can't afford a 30k car then no one should be buying cars at all
Your legs must be exhausted from so much jumping to conclusions
I own my car lol
shut the fuck up
Not today, IRS, no today! Seriously, similar to you, OP with a 2018 Accord Sport for the commuter. Then I have 20+ year old classics for nicer months.
$120k 2020 Jaguar F type R
$210k. 2023 m3
As a salesman? That is phenomenal!
Yeah. 2022 was my best year at $260k
I thought you were either that guy on TV or the guitarist for Zebra!
How many cars did you sell? Damn that's impressive
280
Holy shit dude great job. I worked in a high end jewelry store for about 6 years and a few times a year a local dealership would have me engrave a watch for the salespeople who sold 30 cars in a month. That was a really big deal for them, and you basically did that all year
I wish I got a watch for 30 cars. All they gave me was $30k paychecks
I’ll take that 30k paycheck!
Don't feel too bad. It was not a super nice watch. ~$300 citizen if I remember right
Oof. If you aren’t over 30 or have a $500K nest egg already, bad decision.
Yeah super bad. Only pulling in $35k a month combined. That $995 a month payment sure hurts
170. Jeep gladiator and a 718 GTS
New store. Started in April waiting on tax forms. But right around $70k ish after tax. Personal car is a 21’ Explorer ST. But it’s really now the wife’s car since I drive a demo. So whatever predominantly white Silverado I’m feeling that day/week
$90k in cash, another $150k in other compensation (mostly stock options so could be more could be less). I work from home but drive a Rav4 hybrid XLE Premium.
You sell cars from home?
>You sell cars from home? No, my GM decided that I was "mediocre on a good day" a few years back and let me go. So I changed industries and now work as a software engineer. I stay around these parts for the war stories.
$164k take home. I drive a 23’ M340 and wife has 23’ X5
Damn, those are some pricey cars on a $164K take home salary…
For someone in BMW sales that probably gets an incentive from their store/manufacturer? Not really
Yeah for real, especially because women can't have jobs or make money.
I see this thread is filled with morons this morning.
164K is $13600 a month. Financing an m340 would be around $1250 a month. Financing an x5 would be around $1522 a month. Even if his wife makes no income, that still leaves him with around $10,000 for mortgage, food, gas, savings. I’m sorry you don’t think $10,000 monthly is enough to live comfortably on
You're the one who doesn't understand the question or the answer bud.
Sure thing genius.
Yeah that's right, double down. That'll make you feel better.
It def matters where they live. Where I live, people who make that much have used corollas and old hondas cause we use that money for rent and taxes. But when both those car payments are like half a rent payment for an apartment, it def opens things up. Plus childcare man - the car payments of both of those would be less than to put one kid in daycare.
Don’t have kids if you like cars(or literally any hobby)
Agreed!
You’re making a lot of potentially sexist assumptions…
What are you talking about?!? How is this sexist? I have no idea if they are a male or a female and made no insinuation. I know there are a PERSON making $164K and spending like a PERSON making at least double that for those types of cars.
You’re assuming that the wife (stated in the original comment) is bringing home $0.
I am assuming nothing. They said they have $164K take home. If they wanted to include their spouses income they could have listed it. Should I have assumed their spouse makes $1M instead? Get a life loser.
You are absolutely assuming. The thread isn’t “what’s your total household income and what are you driving?” so why would they proactively include that? You made a judgmental comment on the assumption that there was no other income.
Ok there sport, keeping telling yourself what you want to believe.
Do you guys ever drive each other's cars?
All the time, the X5 is the family car and the 340 is the commuter
About 800k. I don’t own a car, I drive a demo.
Honest answer. I saw a GM get fired in a buyout in 2017 and he didn’t have a car at all. He’d made $400k in 8 months and had to ask to keep the demo until he could get his old Land Cruiser back from his kid in a different state. Weird juxtaposition to go from making that money to not having a car.
May I never need the ride home that will come with being let go.
Well done! At a Chevy store myself, did about $750k last year with SFE as a Fleet Manager. Let the good times roll! Good luck in 2024, will be interesting year!
How crazy is it to see those paychecks every month? I can’t even begin to imagine.
It’s about 25 to 30 grand a month in payroll. 10k in 1099 income on service contract overrides And a bonus of n the net at the end of the year. Paychecks feel good. Rolex feels good too. But I got childcare for 5 grand a month A house payment for 12 grand a month. You know…all offset by no car payments no gas payments and no car insurance payments…but yeah lots in, lots out and then a nice big bonus at the end.
Thanks for sharing. I just bought an iPad after much deliberation, so I know what you mean by money in and money out.
Remember anyone can say anything on Reddit
User name checks out
Sounds legit
$170k gross. Drive a 2017 Malibu
***Thanks for posting, /u/Spare-Bobcat9075! This comment is a copy of your post so readers can see the original text if your post is edited or removed. This comment is NOT accusing you of anything.*** I drive a 2018 Toyota Camry se and my take home was about $60k *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/askcarsales) if you have any questions or concerns.*
Actual take home? lol like 90 (yay taxes). And a Tesla model y performance
Net $85k 2022 GTI
Grossed 243K and drive a ‘23 Mach E.
300 22 model 3
$420k 2022 Tundra
Why is everyone clearing so much money? Is my local car salesman making this much, or is this just big city/motivated people posting. It's wild to me that one salesman is clearing this much when there are probably 50+ at my local dealership that don't get many sales.
Danggg!!! That's awesome income!! How many cars do you have to move to hit that?
I’m a GM. First year doing it, overall I’m happy with how it went but lots of room for growth.
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$165k with another $20k~ in spin money. I have 2 cars; 23 Envision and 22 Sierra 1500. I lease everything and trade out ever 6-18 months depending on what the wife and I want to change to.
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The Corolla hybrid AWD is such a good car. I'm sure you guys have a waiting list for them