I was just trying to figure out how much the 'average' Ferrari buyer earns, but I think the number would be skewed by some very extreme outliers (read: billionaires). So my question is, at what income point would you think it would be possible to buy a $180,000 car, assuming you have normal expenses (mortgage, etc.) without stretching yourself too thin?

 

$250,000 in one year.

About 25 years ago that's the figure my wife gave me: I earn that much, I can go buy a new Ferrari.



(By the way, you'll probably get a more useful number by looking at the median earnings of Ferrari owners, rather than the mean.)

 

Damn mathmaticians... should I analyze the mode while I'm at it??

 

i think 150,000 is plenty to buy a ferrari unless u've got huge mortgage to pay off or anything...

 

That's "mathematicians"; but who's counting?

 

I did that on purpose to see if you would catch it...





...I swear

 

 

$360,000/yr and up.

I think 6-months of income is about my maximum for how much I'll spend on a new vehicle.

 

more often than not, its not how much an individual earns, its how they have their company structured to pay the repayments on their cars.
in most cases, wealthy people use the cash flow from their businesses to finance their toys such as boats, cars, houses, etc. so to say an individual employee buying a ferrari, then i doubt it, unless that employee is an anthlete working for a sports team.
as an example, here in australia, one of the first people to take delivery on the lamborghini murcielago financed it through his mcdonalds operations, he owns a few, but he also finances his many other cars this way

 

i'm on my Ferrari savings plan - figure $1,000/month will take me about 15 years or so to get a new Ferrari