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View Poll Results: What is your Car(s) value / Home value ratio?
0% - no car (public transit, bike, etc) 8 3.02%
1-5% 132 49.81%
6-15% 86 32.45%
16-30% 18 6.79%
31-100% 9 3.40%
I own a car, but rent 12 4.53%
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Poll:What is your Car Value to Home Value ratio
Old 03-22-2009, 11:14 PM   #1
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Poll:What is your Car Value to Home Value ratio

Anyone care to post your car(s) value / home value.

Mine is ~3.7% which I think is pretty low thanks to my junker I bought an old Mazda Miata 3 years ago which was a great financial decision. The thing is a blast to drive, has held up well and kept it's residual value. My commute is only 2 miles so it's tough to justify a new car.

I wonder what the average ratio is on these forums. Who has the lowest?
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Old 03-22-2009, 11:44 PM   #2
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i dunno - maybe $2500 for the car and $200k for the house? 1.25%?

Shoot - just checked Edmund's True Market Value on my car - to cut down on variables i suggest all use it to value their ride - and it says my private party sale price should be $954. Well neener neener - betcha i'm a better car salesman than that! '93 525i BMW station wagon w/ 197,000 miles in average condition. Wouldn't sell our house for $200k, but trying to be realistic about the market. So maybe 0.5%?
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Old 03-23-2009, 12:00 AM   #3
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Never thought of that ratio... but it looks like about 27%... cheap house and three cars... two are 2004s...
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Old 03-23-2009, 12:04 AM   #4
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Never thought of that ratio... but it looks like about 27%... cheap house and three cars... two are 2004s...

Oh - ALL the cars? Was just going with my main roller. not HER car or the old bug-in-bits or the '56 Chevy money magnet.
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Old 03-23-2009, 12:52 AM   #5
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Not a very fair comparison across the country! We have a cheap house on very very expensive land.

Our '97 Nissan Altima is a survivor of a wet offramp and a guardrail, so that ratio comes out to 0.07%... our '06 Prius is more like 2%.
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Old 03-23-2009, 01:44 AM   #6
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Couple with 2 cars, 1 15-yr old (his), 1 4yr-old (hers). Two houses. Ratio=1.7%.
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Old 03-23-2009, 05:59 AM   #7
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Car worth $14000. Condo worth ~$42000. Ratio= 30%
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Old 03-23-2009, 06:32 AM   #8
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.66 and 2.33. What does it mean?
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Old 03-23-2009, 07:47 AM   #9
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1997 Rav4 = $3000 [optimistic]
Bethesda home = $700,000 [I hope]
Ratio = 0.42%
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Old 03-23-2009, 07:50 AM   #10
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Two cars about $25K total, house about $95K. Looks like I come out on the high end, for whatever that means...
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Old 03-23-2009, 07:59 AM   #11
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.66 and 2.33. What does it mean?
I don't think it really means anything. I just thought it might be interesting to see how the numbers would turn out.
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Old 03-23-2009, 08:03 AM   #12
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1996 Solara $3000 maybe
House $650,000 hopefully
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Old 03-23-2009, 08:08 AM   #13
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So, if you lived in your motorhome, would it be 1?
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Old 03-23-2009, 08:10 AM   #14
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Something less than 1% since both vehicles are more than 8 yo.
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Old 03-23-2009, 08:10 AM   #15
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Quote:
Originally Posted by Nords View Post
Not a very fair comparison across the country! We have a cheap house on very very expensive land.

Our '97 Nissan Altima is a survivor of a wet offramp and a guardrail, so that ratio comes out to 0.07%... our '06 Prius is more like 2%.
But if you sell the house the land is included
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Old 03-23-2009, 08:11 AM   #16
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About .5% - cheap car, expensive house (location)
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Old 03-23-2009, 08:19 AM   #17
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We have a 2006 Civic and 2005 Matrix, but this thread is making me feel like we have a Rolls Royce and a Ferrari...

(The good news is that we don't plan to need another car for at least seven years or so.)
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Old 03-23-2009, 08:23 AM   #18
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One car, one pickup truck, one motorcycle, maybe $18k for the lot.

House maybe $250-280k but who knows now.
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Old 03-23-2009, 08:26 AM   #19
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Are we supposed to include motorcycles?
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Old 03-23-2009, 08:27 AM   #20
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Not a very fair comparison across the country!
I've never heard the word "fair" used in conjunction with ratio analysis before. "Ridiculous" or "meaningless" or "why" often apply, but not "fair."
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