Type R Owners: What's your annual income?

Annual income before taxes?

  • $20K-$30K

    Votes: 20 4.9%
  • $30K-$40K

    Votes: 18 4.4%
  • $40K-$50K

    Votes: 29 7.2%
  • $50K-$60K

    Votes: 39 9.6%
  • $60K-$70K

    Votes: 33 8.1%
  • $70K-$80K

    Votes: 43 10.6%
  • $80K-$90K

    Votes: 37 9.1%
  • $100K-$125K

    Votes: 56 13.8%
  • $125K-$175K

    Votes: 54 13.3%
  • $175K-$200K

    Votes: 18 4.4%
  • $200K+

    Votes: 51 12.6%
  • $90K-$100K

    Votes: 7 1.7%

  • Total voters
    405
OP
OP
Zeffy94

Zeffy94

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Interesting poll results
I really can't imagine buying this car with a $20K-$40K salary not gonna lie

Majority of owners (at least at this point in the poll) seem to be making big money lol
 

RedGiant217

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djhartm

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Surprised there are so many high-income folks buying these cars...
 

Vanct

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Surprised there are so many high-income folks buying these cars...
I think this may actually make sense as the general rule of thumb is that you shouldn't buy a car that's worth more than 40% of your annual income. For most, that would require your income being at least $100K. This would also explain why markups were high and remain high, because the majority were high income buyers and could afford paying more.

Of course all situations vary, I make a bit less than 100 and can afford it due to not having any kids and live in a state with a relatively lower cost of living compared to others. But those earning less than $40K as @Zeffy94 stated, how do you do it?
 

boosted180sx

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theres also no validity in these polls (although i don't really see a reason to lie as it's a anonymous poll but take it with a grain of salt.
 

Hoang_Honda

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My brother wage is 13.50/hr
Down payment is 15k
Car is 36.620
Adm is 3.500
OTD 45k with 7 years Honda Cares
Interest 1.9 or 2.9 I forgot, but after 60 months his car is 49.900 usd
 


GeezR

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I disagree that the thread is pointless. As has been observed, take it with a large grain of salt. But I find the overall results fascinating. For instance, I had assumed a significant number of owners were youngsters living in their parents' basement and using every penny they made to support their car addiction. This poll suggests the opposite: a majority of owners are reasonably well off-some quite well off (how well we dont know as the income tops out at $200K).

And that suggests, to me at least, that there are a significant number of Type R owners who could afford more car but have concluded that the extra money would be wasted, given how much the Type R punches above its weight, $-wise.
 

calircr

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My R is my DD. My monthly payment is under $500. 5k down, 15k to trade in my 2014 Si (had less than 40k miles on it). Good a good price. Mortgage and kiddos - it being a hatchback was a great selling point to my wife that's a daddy's car AND a family car! :D
 

MagicMatt

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I make good money (6 digits), and my lady and I are DINKs (double income, no kids), and I still find it insane that some people are paying 600+ a month on a car note. Honestly I've never had a car note though, this is my first new car. Well, I did get a loan for this one but paid it off in full the first month - only got the loan so I could pay it via credit card to get points.
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