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BMW 3-Series (E90 E92) Forum > BIMMERPOST Universal Forums > Off-Topic Discussions Board > ****New M3 annual income poll****



View Poll Results: As a new M3 buyer, my annual income is...
sub $50,000 31 9.25%
$50-65k 24 7.16%
$65-80k 34 10.15%
$80-90k 16 4.78%
$90-110k 29 8.66%
$110-150k 47 14.03%
more than $150k 154 45.97%
Voters: 335. You may not vote on this poll

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      02-07-2008, 12:49 PM   #111
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carnuts3, granted i understand that everyone coming out with a md, jd, or mba do not make 150k automatically, but if you look at students graduating from top 25 schools, they usually end up doing well for themselves. if not in the 150k+ range, they're more likely going to be in the six-figure range.

and yes, i was grossly overstating that there are plenty of professions. i guess i can really only think of those three that actually pay that much out of school. i guess my point was that within those three professions, it's entirely probable that a person can make that much just after graduation. although, i can't really understand why employers are willing to pay that much for someone that has no real practical experience.
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      02-07-2008, 01:12 PM   #112
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Ivy league (or Ivy league equivalent like Stanford) MBA's with experience.
Specialty MD's
Some Ivy league JD's
People who are already connected through their family or friends (i.e. Chelsea Clinton, and many of the Ivy league graduates)
Some top engineers in high demand areas

Any others?
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      02-07-2008, 01:52 PM   #113
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Quote:
Originally Posted by ajminn View Post
although, i can't really understand why employers are willing to pay that much for someone that has no real practical experience.
2 reasons they pay, Supply vs. demand AND to hire the the person now at a salary that reflects the expected future contributions to the firm/office.
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      02-07-2008, 01:55 PM   #114
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^^^^

Anyone in a commision position based with a reasonably high commision rate and who puts in the requisite effort.
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      02-07-2008, 03:22 PM   #115
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Quote:
Originally Posted by Epacy View Post
That is sad. When you take your pay and divide by the insane hours you work, it isn't so hot.
8 hours is the way to go.
Self-employed, a hard life but then you only have to answer to yourself and at the end of the day you chose the hours you do.

You never get a head in life by taking the easier option.
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      02-07-2008, 03:42 PM   #116
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Originally Posted by footie View Post
What is the point in this thread.

Someone enlighten me.

I for one wouldn't tell anyone here how much I earned and I doubt too many people would do it either.

P.S.
Your poll .............. it doesn't go high enough.

Agree about the relevance question? I would expect most M3 buyers to be in the top bracket in any case, so no real surprise.

Also, agree that the poll brackets should be much higher keeping in mind non-USD buyers, cause some of us pay way more!!!

Still, regardless of this stuff, for me its the passion for the car and not how much you make that puts value in this forum.
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      02-07-2008, 03:44 PM   #117
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Quote:
Originally Posted by Epacy View Post
That is sad. When you take your pay and divide by the insane hours you work, it isn't so hot.
8 hours is the way to go.
Depends what you want and how far you want to push it, no?
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      02-07-2008, 04:00 PM   #118
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Quote:
Originally Posted by malter2.0 View Post
how is residency a different story? most resident physicians hover between $40-60k depending on location.

You are correct. Which is beans when you think about how many hours a week residents work. A newly passed law limits it to 80hrs/week but before that you could easily work 120hrs in a week. The pay off is after residency!
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      02-07-2008, 04:04 PM   #119
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Quote:
Originally Posted by footie View Post

You never get a head in life by taking the easier option.
That's not a very good statement. It is not 100% true either way you apply it.
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      02-07-2008, 04:06 PM   #120
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Originally Posted by JerezBlue! View Post
Depends what you want and how far you want to push it, no?
Of course.
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      02-07-2008, 04:11 PM   #121
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The problem with this poll is that it's not taking into account different salary levels of different countries.

You'll probably find that a large % of the people voting 150k plus don't stay in the USA and with the weak dollar that just makes it worse.

BTW in the UK there was a program about how much Britain earns on approx 1 month ago.

you had to earn 46k to be in the top 10% of earners.

Now if you polled for what % salary do you earn compared to the list price of the M3 in your country

50% of list
100% of list
150% of list
200% of list
300% of list

You'd probably find a lot less people that earn 3 times list of the car compared to $150k as there are quite a few non USA members and the car costs double or more in some countries
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      02-07-2008, 04:21 PM   #122
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Quote:
Originally Posted by GarryF View Post
The problem with this poll is that it's not taking into account different salary levels of different countries.
Could we get anyone else to say this as well?
I'm about to start throwing out within a thread.
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      02-07-2008, 04:25 PM   #123
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Quote:
Originally Posted by jaiman View Post
So what percent makes >100t and is between 20-35? 1% ? 0.1% ? lets say 0.01% That means in the US there's 30T people between the age of 20 and 35 that make more than 100t per year. is it possible that 60 of them have posted here?
yes, it may be possible if those 60 (0.01%) accounted for only 1%, or even 10% of the poll, but not 75%
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      02-07-2008, 04:32 PM   #124
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Quote:
Originally Posted by GarryF View Post
Now if you polled for what % salary do you earn compared to the list price of the M3 in your country

50% of list
100% of list
150% of list
200% of list
300% of list
That's a good idea... would be interesting results....
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      02-07-2008, 09:27 PM   #125
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Quote:
Originally Posted by GarryF View Post
The problem with this poll is that it's not taking into account different salary levels of different countries.

You'll probably find that a large % of the people voting 150k plus don't stay in the USA and with the weak dollar that just makes it worse.

BTW in the UK there was a program about how much Britain earns on approx 1 month ago.

you had to earn 46k to be in the top 10% of earners.

Now if you polled for what % salary do you earn compared to the list price of the M3 in your country

50% of list
100% of list
150% of list
200% of list
300% of list

You'd probably find a lot less people that earn 3 times list of the car compared to $150k as there are quite a few non USA members and the car costs double or more in some countries
Good idea! Do it Garry.
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      02-07-2008, 09:40 PM   #126
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if the toy makes you more productive, then do it; it may be better for you in the end;

if it stresses and presses; or you lose sleep, then forget it

life is about balance

my first m3 (e36) was considered absurd by those around me, and i guess at the time it was. i grew into it though (income wise) and i knew i would. that car helped drive it. it was my prize. if i thought it wasn't responsible, it wouldn't have happened. now i think about a 911 turbo as the next target and i've owned two e46 m3's with the new m3 on the way.

it's all relative anyway. enjoy life.
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      02-07-2008, 11:10 PM   #127
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Originally Posted by gasman View Post
You are correct. Which is beans when you think about how many hours a week residents work. A newly passed law limits it to 80hrs/week but before that you could easily work 120hrs in a week. The pay off is after residency!
wow, is that really true...about the law? i've heard about 120hr and more...
at least food is free or greatly discounted in hospitals as is health insurance
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      02-07-2008, 11:56 PM   #128
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Quote:
Originally Posted by muskanoosh View Post
if the toy makes you more productive, then do it; it may be better for you in the end;

if it stresses and presses; or you lose sleep, then forget it

life is about balance

my first m3 (e36) was considered absurd by those around me, and i guess at the time it was. i grew into it though (income wise) and i knew i would. that car helped drive it. it was my prize. if i thought it wasn't responsible, it wouldn't have happened. now i think about a 911 turbo as the next target and i've owned two e46 m3's with the new m3 on the way.

it's all relative anyway. enjoy life.
+1
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      02-08-2008, 09:59 AM   #129
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Quote:
Originally Posted by malter2.0 View Post
wow, is that really true...about the law? i've heard about 120hr and more...
at least food is free or greatly discounted in hospitals as is health insurance
It is correct, yet often not enforced by some specialties. They get around it because they "average" out the hours over say a month or 6 month period. As a resident, you can anonymously report any violation in duty hours but most do not for fear of repercussions. Most "ancient" physicians see this as a right of passage into "their" specialty. Though horrible at the time, in hindsight it wasn't that bad, and life now couldn't be any better.

Free food sounds great until you try it!!
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      02-08-2008, 10:32 AM   #130
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Originally Posted by malter2.0 View Post
wow, is that really true...about the law? i've heard about 120hr and more...
at least food is free or greatly discounted in hospitals as is health insurance
It is now regulated and it's not a law. It's a "rule" that hospitals have to respect in order to be accredited.

But back to the topic... I guess that a 50K salary would be very tight for an M3 or any car over 40k, unless you live for free (parents) and don't have kids or wife to maintain. Now, I do believe that if a person really want to "treat himself" and is able to at least finance it with no problem, the go for it!!!

Other people have other hobbies and spend thousand in other stuff (much less useful than a car).
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      02-08-2008, 09:50 PM   #131
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Interesting idea, very poor choice of options. I don't know why anyone would think most M3 buyers make between 50 and 150k. I feel a set of options starting at under 50 and going up by 50k each option would probably produce a bell curve, or at least something close.
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      02-08-2008, 10:10 PM   #132
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Where is sub 5,000$ group?
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