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View Poll Results: What is your Car(s) value / Home value ratio?
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0% - no car (public transit, bike, etc)
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8 |
3.02% |
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1-5%
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132 |
49.81% |
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6-15%
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86 |
32.45% |
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16-30%
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18 |
6.79% |
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31-100%
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9 |
3.40% |
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I own a car, but rent
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12 |
4.53% |
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03-23-2009, 07:36 AM
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#21
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Recycles dryer sheets
Join Date: Feb 2008
Location: Adelaide, Australia
Posts: 127
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No fair........us renters can't play! 
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03-23-2009, 07:36 AM
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#22
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
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Sure you can -- check out the last option...
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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03-23-2009, 07:38 AM
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#23
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Recycles dryer sheets
Join Date: Feb 2008
Location: Adelaide, Australia
Posts: 127
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 Quote:
Originally Posted by ziggy29
Sure you can -- check out the last option...
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Sure I can vote, but not do the ratio thingy 
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03-23-2009, 08:43 AM
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#24
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Recycles dryer sheets
Join Date: Feb 2007
Posts: 193
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1 car, 1 truck (1999,2001) 10k value between them total - house about $350k per zillow
__________________
Oh Look, a squirrel!
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03-23-2009, 08:45 AM
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#25
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
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House would sell for around $300K.. Wholesale on the Accord and the Odyssey together are about $24K, so I will say 8%. Man, that felt horrible, thanks guys....... 
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
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03-23-2009, 08:49 AM
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#26
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 46,762
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I voted 1%-5%. But after I retire, move north to an area with lower housing prices, and buy my new car, my ratio will be more like 20%.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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03-23-2009, 08:52 AM
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#27
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Moderator Emeritus
Join Date: May 2007
Posts: 12,876
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Cars, about $10K combined.
Home, $240K.
Ratio: 4.2%
__________________
47 years old, single, no kids. Exited the job market in 2010 (age 36). Have lived solely off my investments since 2015 (age 41). No pensions.
Current AA: real estate 64% / equities 10% / fixed income 16% / cash 10%
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03-23-2009, 08:54 AM
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#28
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2006
Posts: 12,880
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We slip through the cracks in the poll: .88%
__________________
Al
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03-23-2009, 08:55 AM
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#29
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gone traveling
Join Date: May 2008
Posts: 3,864
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Mine works out to .92%- (it used to be lower, but my house lost value...)
How do I vote?
...maybe I should get a bumper sticker for my old truck? -
"MY HOUSE IS A PIECE OF SH*T, TOO!"
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03-23-2009, 09:02 AM
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#30
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Full time employment: Posting here.
Join Date: May 2007
Posts: 944
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Around 2.5% -- 2007 Honda Element and house approx $575k to $600k -- should soon find out what the house is worth since I plan to put it on the market in a couple of weeks.
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03-23-2009, 09:12 AM
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#31
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Nov 2007
Posts: 7,746
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Somewhere around 3% to 6% depending if it is one car or both DW's and my car. Both are 9 year old good condition single owner low mileage hondas (civic and accord). I figure the cars might fetch $4000-5000. House = maybe $150-170k.
But this ratio could change drastically if we buy new cars, which we may do in a few years.
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03-23-2009, 09:14 AM
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#32
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2005
Location: Chicago
Posts: 12,706
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Quote:
Originally Posted by Want2retire
I voted 1%-5%. But after I retire, move north to an area with lower housing prices, and buy my new car, my ratio will be more like 20%.
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In the spring, I fish in an area (a little south of where you'll be) where housing is very inexpensive and fancy pickup trucks and bass boats are high priorities. Picture a new decked-out pickup and $30k bass boat parked in front of a single-wide in a rural location. I'd assume:
1. veh + boat / house ratio > 1.
2. Folks with their priorities straight!
Of course, you have to like fishing to feel that way!
__________________
"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
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03-23-2009, 09:27 AM
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#33
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2008
Location: East Nowhere, 43N Latitude, NY
Posts: 9,037
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House $180K maybe. House next door of same age (but nowhere near the attention to maintenance) sold for $145K approx 1 year ago.
3 sets of wheels - 1992 Accord, 2002 Jeep GC, 2005 Mustang. All combined maybe $30K. Welcome to the Rust Belt.
__________________
"All our dreams can come true, if we have the courage to pursue them." - Walt Disney
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03-23-2009, 10:11 AM
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#34
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Full time employment: Posting here.
Join Date: Mar 2007
Posts: 577
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About 9% and feeling a little embarassed right now for letting it get that high.
__________________
I highjacked a rainbow and crashed into a pot of gold - Bon Jovi
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03-23-2009, 10:12 AM
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#35
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
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I'm not sure why that's embarrassing unless we're making it a competition to "out-cheap" each other -- who ever owns the cheapest beater of a car wins?
Besides, having a low percentage doesn't necessarily mean you're living in austerity -- it could mean you have way too much house, creating an abnormally large denominator. 
And is there *really* no one over 31%, or is no one willing to admit it for fear of losing their credentials as a cheap bastid strong-saving LBYMer...?
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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03-23-2009, 10:42 AM
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#36
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Recycles dryer sheets
Join Date: Nov 2007
Location: Denver
Posts: 170
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.9%, fall through the cracks of the poll. 137k paid for house, paid $1250 for the car.
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03-23-2009, 10:54 AM
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#37
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Recycles dryer sheets
Join Date: Jun 2005
Posts: 100
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2.35%
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03-23-2009, 10:59 AM
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#38
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Moderator Emeritus
Join Date: Jun 2007
Location: At The Cafe
Posts: 6,873
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At last, the true advantage to renting, less math. 
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03-23-2009, 11:06 AM
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#39
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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Well if you own several homes across the country. Plus renting. Too early for this poll.
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03-23-2009, 11:24 AM
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#40
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Thinks s/he gets paid by the post
Join Date: Jul 2006
Posts: 1,901
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Pontiac sedan, Chevy pickup and three motorcycles = 7.89%.
__________________
“I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said” Alan Greenspan
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