Income levels of X5 owners
 

Hey all, this is strictly just out of boredom. If you don't want to participate then that's not a problem. Please vote for the salary range that is responsible or used for the payment of your vehicle.


For instance, my girlfriend and I view our incomes as one. So I have a total amount of money each month and of that, I pay the bills. If you're solely responsible for your payment, please vote accordingly.

Do not quite get what you mean here. So you are counting your combined income with your GF, but the next sentence sounds like it contradicts it. Thanks.

we seem to be a high rolling bunch ;)

$263K/yr

If we combine income, I have one number at the end of the month and I just pay whatever bills are due from that total amount. Sorry, it is a bit confusing now that I reread it.

On another note, I supposed I should have specific E52 or E70/E71. There can be a major difference in price between the models. Oh well.

$5000

So you just give your loan/lease company magic the gathering cards and they accept that as a form of payment?

Considering this is the cheapest luxury SUV, I'd assume most should be in the 20-40K range.

Seriously? :yikes:

G55 AMG
Caynne Turbo S
Range Rover Supercharged
BMW X5

Uh, you don't need to get a Turbo S to still have a luxury SUV. Nor do you need the top end AMG MB SUV either. You can't just compare specific top end models to a "BMW X5" without stating a model. Now if you compared the X5M to the AMG, maybe. But you are basically saying a X5 3.0i is comparable to a MB AMG SUV.
:dunno:

Totally forgot about ML65 AMG

Are you sure you own a BMW or like BMW's? Seems like you're wasting your time here and should find some MB message boards...:confused:

I'm a wholesaler, I've owned all.

Oh...where's the block button on these boards? :eeps:

I was joking, but thanks. So you still seem to have ignored my past comments. You compared a top end Porsche, a top end MB AMG and a RR SC to a "BMW X5" and imply that is "ok"?

I don't think they are comparable in that statement.

That's about right if you live in your parents basement........are you serious?

The Volvo XC60/XC90 are also considered luxury SUVs and are considerably less expensive.

Unless you get nuts with options (same with BMW), then MB GL350, Lexus RX series, and Audi are all cheaper than the X5.

It's interesting to see the breakdown of income levels though. I find anyone actually posting their income to be lacking in manners however. :rolleyes:

:iagree:

Agreed. That's why I setup a poll. That way it would be anonymous. While making the thread I thought to myself that there would definitely be a few people who would post their incomes. To brag? Not sure. But how else can you take that? Especially when you're posting $200k+ incomes. :dunno:

If I made over $250k....... I would brag my ass off.

And you'd be a pompous douche bag. :D :nanana:

LAME ;pimpdahoe;

given that 50+% is over $150k, perhaps create more sub categories above $150k?

$200k+
$500k+
$750k+

Or, is it too late?

Even if I can add more options, people that voted for "$150k+" could be at $150,001 or $1m. The results would be skewed.

I don't think people are being truthful in this poll.

Why not?

Over 50% of respondents make over 150k?

Sure, why not? I can stand up and look around our trading floor right now at work and point out at least 20 people who make over $150k easily.

Priceless!!:rofl:

Haha, thats funny because I am right next to the trading floor too :) Most of our traders are rolling in porsches though.

If anybody has taken statistics knows you have to have a valid sample size. Sixty votes on a message board doesn't constitute a valid sample size. There are thousands of e70 owners not on this board that would affect the real conclusion of the survey.

We have BMW's, Porsche's, Maserati's, Lexus', Audi's and of course some Toyota's and the like.

I thought it was obvious that I was asking the board members. Given, I didn't run this in a newspaper ad or something of that sort. I guess I should be a lot more specific next time. It's not meant to be real data for a real purpose. I was just curious.

Yeah I know I was just saying. And since only 70 members chimed in there are still a ton more that haven't logged on in awhile or have seen the poll that could change the results.

Haha! That's simply the nature of this board! Most here do some form of analysis at work and thus disects every thread to the bone! God help you if you mis-speak or draw the wrong conclusion here :)

I really don't think it's skewed, he asked for family income, most of us are probably dual income families, $150K is really not that much. I also notice a lot of us are in the Northeast and the West coast where incomes at this level are normal to even be able to afford a home, let alone a luxury car...

I read his statement "if you are solely responsible for the payment" as your own income not combined. Unless I am reading that incorrectly ?

In our family the cars are paid out of joint funds so it's combined income. I assume most people do it this way but I could be wrong.

:iagree: TOO

I asked for both. I said, basically, give me the income that is responsible for the payment of your vehicle. If said payment comes out of JUST your income (aka you afford it and all of your other bills) then you should tick the poll choice that reflects just YOUR income range.

If you, like me, combine your income with someone else or other people to pay for your vehicle then your choice in the poll should reflect all incomes combined.

Granted, now that I look back at my wording; I could easily "afford" to pay for my truck and all of my other bills with just MY income. However, it's just easier to make a spreadsheet that combines both incomes (my girlfriend and myself) and then deduct our bills off of that TOTAL income number. It's all a matter of choice and opinion.

Bottom line: if you pool your income together with someone else then choose that. If you're single or the primary breadwinner of the family/household then choose that value.

Am I making this too complicated or are you guys? :)

Ha well I think then you are asking for wide range if you say by household or by single, etc. Obviously dual income will be $100K+ and single under $100K for the most part. That's why I say it needs to be based on your own income---it's not like you say "Hey I'm married now so now I can afford an X5"---it's most likely based on your own income-- just like if you were single.

Really, I'm pretty sure my X5M sits near the top of that heap in terms of both price and performance.

My 3.0 X5 M Sport, maybe somewhere in the middle in terms of price.
It's a great car though; just a little under powered.

Still, I'd buy it befor any of the others you've listed.

WHO CARES?! :wow: In my original post I specifically said the idea came due to me being bored. If you don't want to participate...don't.

Also, as I stated in a later post, this was not for any sort of analysis and shouldn't be considered "real" data.

Just move on with your life, man. You're making this out to be like it's the end-all-be-all of polls and if the results are skewed a little bit (more than they are) then the world might implode on itself before October 21, 2011.
:stickpoke

Haha I'm like you I really don't care--polls and Top 10 Lists are dime a dozen. I just loved my Statistics class more than you I guess :stickpoke

Glad you were cool about that. I thought, for sure, I'd have another angry X'er on my hands who would threaten my life and all sorts of other things. :rolleyes:

Cheers.

with 53+ people with gross annual income of 150K+ i'm surprised so many people are worried about little things like transmissions and how expensive dealerships could be on this forum. Just saying that its interesting.

I'd like to make $0/yr, and be content to own a cabin on a mountain near the dragon.

Agree, if I earned $150K+/year (excluding wife), you will only see me b..ching about how poor was the dealership experience for my Bentley, Porsche (Panamera Turbo S), Aston Martin, Maserati, Ferrari or Lamborghini...

I am more interested in what people do for a living to afford their X...

I'm in IT for an energy trading/wholesaler/energy management company.

Assistant Director of Food and Beverage at a major Vegas resort.

Ask and ye shall receive....

http://www.xoutpost.com/off-topic/lo...do-living.html

Posted in the lounge forum, the home of threads not specifically about a single model of X5 (hint hint)

Valid sample size is generally >30. However, it's not about the size of the sample, it is about whether the sample population is representative of the target population (all e70 owners). I'm gonna say there is some subjective inference necessary. People on this board are more passionate about their BMWs and are into DIY things--I'm gonna assume they would make less than a normal e70 owner. However, this may not be enough to skew the data totally. I think that this could be very representative of the average e70 owner. We have people from all over the world, different ages, sexes, race, etc. It's a pretty good poll...

Learned a long time ago that income level means nothing... some ppl would forgo food to drive a nice car while others drive Toyotas to their private planes. Also, you cant forget that in some parts of the country 150k barely making it...

:thumbup:

I don't know about *nothing* but I hear your point. Regardless, like I said in the first post: If you don't want to participate, then don't. ;)

Agreed.

I personally am not going to participate bc I am not representative of a typical X5 owner at all. I'm a college student with a small income, no expenses besides my X5.. And most repairs are taken care of by mom and dad (thank god). I pay gas, and upfront cost... And no, I promise I'm not a spoiled brat.. I appreciate everything my parents give me, and am sure to do my best to repay them. (my parents get periodic hand washes from yours truly :) )

You hand-wash your parents? :yikes:

Also, that's why I put the $0-$50k choice. For people like you! I tried not to leave anyone out! :D

I hope you meant "your parents' cars get periodic hand washes" from you!!! ;)

I think you would find that you are more typical than you think. It is not at all out of the norm for college students to have nice cars. At UofP, (many moons ago) there was a student delivering Pizza in a brand new 924 Turbo.

Not around Cornell, they all drive subarus. My town is littered with nice cars--range rovers, etc. But mine was the best looking in my HS parking lot.. Just bc of how i kept it.

And yes, I meant cars guys.. Haha

:nanana:

True.

:iagree:

$40K a month is that enought to own an x5?....Btw are you investigating me because i bought house and paid cash????? LOL

yeah right...

You make $40k per month and settle for a X5? You must be Jewish. :rofl:

:smackass:

:dunno:

Cars is nothing to me....

Ok, chief.

Apparently so is English.

I know my English is not that good .I came to America when I was 20 years old (1992) and don't have enough chance to go to school like all of you guys ... But I got lucky ... Got alot of help from my uncles . They help me started on my own business . If any of you don't believe me just ask the Owner of this website .

It's one thing having mediocre English. It's another being arrogant about things such as your income. I applaud you for being so successful, especially without a proper education, but there is a fine line that is sometimes crossed. Whether you meant to cross it or not, it came across as though you were being arrogant. Hence the responses you've received.

Let's get back on topic!

College student = lowest bracket :( haha

Sample size seems fair. There are clearly a lot of variables that could skew the results but like the OP said who cares its just a post to pass the time.

In other news "Gameover" choked and died last night while trying to wax his own nob. Tragic, truly tragic.

I am not arrogant,i just share it because you have asked about income.

if i earnt half a mill a year i'd buy a newer car... or maybe even a new one... but that's me.

These threads are always dumb. Nothing good ever comes from them...

I'll not add my vote to the poll, but I'll point out that $40k, $50k a month sounds like a lot to someone with one car.:rofl:

But I have 6 cars and two trailers. (And some other off road things) They can't all be 996TTs, or M5s... what is wrong with an X5 for the wife's suv? Why buy a cayenne or an X5M for the SUV duty? For a driver that gets no thrill from a car? Frankly her horses make my cars seem very affordable. And they die, get lame, etc...whereas cars can be fixed...but I digress:dunno:

Silly poll- yes, I know there was a disclaimer... but you cannot even interpret the results, IMO income does not drive car choice as a primary factor.

:iagree:

My income went up significantly several years ago. I sold my X5 and we bought an X3. No correlation what so ever.

:iagree: ... +2

Maybe of slight interest to the curious drive-bys, but even for this ol'RetiredBum, who watches new car purchases out of common fiscal sense, we still own/drive what we want and what makes sense to us, and our situ.

Fwiw, the ol' annual 'income', (interest & dividends), is barely a fifth of what it was in the dual income/no payments daze, but we aren't missing lunch. ;)

Who. Gives. A. Shit?


Seriously guys, you really feel the need to comment over and over and over about how worthless the poll is? If it's so worthless then why bother wasting the time to post?

I do not think income has ANYTHING to do with vehicle choice. It was a simple idea and I took action. Period.

Stop looking into it so damn much. Jeeze.

I love you, still.

:rofl:

:thumbup:

Keep up the good work! You started a popular thread so you got that going for you. Which is nice. I personally enjoyed this thread.

your income will go up if you stop caring what everybody else is making or driving and start figuring out how to get there yourself.. ;)

Based upon my observations and the high number of folks at this forum trying to find every conceivable way to finance a new car purchase, I sense a disconnect between stated income and reality.

Strictly my opinion,
Dick

Not sure I see a correlation between income and the desire to finance the purchase of a new car. Is it your opinion that those who make a decent living don't finance purchases?

:iagree: I don't care how liquid you are. I like to feel I beat the dealer into submission before driving off the lot:D Sometimes the rates make financing logical.

Exactly. I am no expert but I would bet the discounts are better when you finance. :dunno:

ONE MILLLLION DOLLARS!!




..ok...not quite...

Yeah it seems mastery of grammar "is"' nothing to you as well…

:popcorn:

Agreed. Where's my beer?

:beerchug:

:thumbup:

You didnt act like your "cars" is nothing to you at Lincoln Park Imports this last week....... :dunno: Heard you caused quite the scene. :wow:

I make enough to live an upper middle class life style in NYC, save a little and buy a X5 50i. I can tell you that for a family of 4, the $150k+ number will just get you into middle class.

I will be happy when my wife goes back to work.

Detaillllssssthhh!!!!!!!! :yikes:

You'd figure with 4,000 posts he would have seen this and put in his 2 cents by now. He's probably out beating the streets earning that $40,000 a month.

this is us, montecito cali, it's a little pricey here but hard to leave....................