Your car(s) as a percentage of your total assets?

RAPID_BA · 12-12-2011, 01:05 AM

Hi

I was wondering how much people spend on cars as a total of their entire assets.

we are all different but I wonder what we all think is acceptable?

Rent a house but own a fg fpv gt?

Own your house but drive a el with 200,000km?

When calculating this percentage consider the equity in your cars and divide by the equity in all other assets. As if you sold everything paid any finance companies and what cash is left cars vs other.

Whats the percentage? Is there an ideal %??

View Poll Results: Your car(s) value as a percentage of your total assets?
less than 10%	79	56.43%
between 10% & 25%	22	15.71%
between 25% to 50%	15	10.71%
more than 50%	24	17.14%
Voters: 140. You may not vote on this poll