The individual income/salary poll

[XpLiCiT_CaShh]

Originally Posted by xantonin

No. I was in the If the FT-86 is a fail...what will you do? thread and surprised at the choices some people would make if they changed their minds.
Some of the cars seemed really expensive so I was curious about what people here really make.

What are you talking about? I've never made any marketing projection questions except saying that Scion has horrible marketing. Which isn't a question.



Wow, okay forget it guys. I didn't realize how insecure everyone was an an ANONYMOUS poll.

I also fail to see how you can compare this to salary discussion among co-workers. That is a company policy where your boss doesn't want you upset that your co-workers make more than you, and they don't want to worry about paying everyone more money. How is that ANYTHING like being curious what the average poster on a forum that plans to buy the same car makes in a year, with no personal information?

See ive never understood that.. its all hush hush you shouldnt talk about you salary to co-workers etc etc.. but then who influences that thought train.. ?
The employer does.. because if you found out our Jimmy bob who never seems to be doing any work but is good mates with the boss/managment is earning more money than you, youd be unhappy wouldnt you.

Then the more employees who are aware would union together and strike for a salary increase.

Il be honest my salary sucks.. sucks big time esp when transferring to USD (Dam you exhange rate..) but what does it mean to you lot?
Nothing..





Bottom line.... TOYOTA WE NEED SOME MORE INFO!!! People are getting restless..

[yarik83]

To be honest there is a major flaw with how usa handles the "paycheck issue" Confidentiality is always paramount and people doing the same job get paid differently. That alone causes certain discomfort if you ask me. Here is an example. Lets say that Bob has been with the company for 30 years. One would assume that Bob would make more money than a new hire. Now say that a new hire has a wonderful collegiate pedigree but lacks knowledge. How much do you think he will earn at the start? How fast should his pay increase and while we are on same topic.. at which point will Bob stop getting increases or get reduced increase in pay with yearly evaluation. With all the new comers and old timers you have a certain disconnect. Old timers wish they made more and feel slightly violated that new hires got a lot more for start than they did way back when. New hires work for say 5 or so years and come to realize that they do same exact work that old timers do and do it just as good if not better (pending circumstances) but make a lot less.

The question is of course open for debate but if everyone made the same amount of money then people would actually work and not theorize about who makes how much and why. If I had to suggest anything it would be a standard salary for all and a lump sum every year based on your evaluations. Ie excellent reviews get say 10% of salary bonus which ok reviews get say 3% salary bonus and bad reviews obviously do not get a bonus....or something of that sort.

But back to the car issue. Problem with car loans is that you can pretty much afford anything regardless of how much you earn. All you have to do is get a willing co-signer and pay bazillion dollars per month to drive anything. Unfortunately once you start factoring in things like full insurance on a new car and the car loan then you begin to appreciate how screwed you are. Ie. it costs upwards of 1200 green ones per month to drive a 2008 sti or a 2008 evo even when bought used.

[enc0re]

IMHO, if you spend more than 1/3rd of your annual income on a car, you're doing it wrong.

[RRnold]

Originally Posted by enc0re

IMHO, if you spend more than 1/3rd of your annual income on a car, you're doing it wrong.

Exactly!

I cringed when I read some of these posts.

http://www.ft86club.com/forums/showt...ighlight=saved

[#87]

Originally Posted by enc0re

IMHO, if you spend more than 1/3rd of your annual income on a car, you're doing it wrong.

So most of USA should be riding bicycles or driving beaters that cost more in maintenance than gas?

[xantonin]

Originally Posted by #87

So most of USA should be riding bicycles or driving beaters that cost more in maintenance than gas?

I think he meant a third of your income shouldn't go to a car payment/other car expenses

[Exage]

Originally Posted by #87

So most of USA should be riding bicycles or driving beaters that cost more in maintenance than gas?

Actually as funny as it sounds I would LOVE that. Why? Less idiotic drivers on the streets because they're taking transit because there car broke down, riding a bicycle or maybe even a motorbike! If they continue to be idiotic on bicycles or motorbikes then they really only jeopardize their life.

My income will be very small for the next couple years, then it should hit six figures 4 years from now.

[#87]

Originally Posted by Exage

Actually as funny as it sounds I would LOVE that. Why? Less idiotic drivers on the streets because they're taking transit because there car broke down, riding a bicycle or maybe even a motorbike! If they continue to be idiotic on bicycles or motorbikes then they really only jeopardize their life.

My income will be very small for the next couple years, then it should hit six figures 4 years from now.

Well if you are driving a corolla xrs then your income must be at least 60k :O

Most in the USA would not consider that "very small"

[4agze]

I'm a medical/clinical laboratory technologist if you google my pay you'll see I don't make much but I am a shift supervisor & I've been in this job for 7yrs 2yrs as a supervisor, so I make a little more than a base pay but I dont make as much as my wife.

FYI: I never owned a new car yet

[xantonin]

Originally Posted by 4agze

FYI: I never owned a new car yet

Me neither! None of the cars out there ever appealed to me, so I didn't think they would be worth buying new.

But I'm excited for the FT-86 and if it isn't a fail I'm willing to take one for the team here and buy it new.

[Exage]

Originally Posted by #87

Well if you are driving a corolla xrs then your income must be at least 60k :O

Most in the USA would not consider that "very small"

Nope, I'm a very "unique" person when it comes to money. I had a couple of good paying years in the work force (with which I saved a ton of money up) and I have had help with living costs...

Currently at college studying a specialized engineering program so I had quit my job. All my income will now be based off of my upcoming 6 month co-ops over the next couple years which is peanuts compared to what I used to make. I'm currently running on reserve (albeit a decent one)!

[#87]

Originally Posted by Exage

Nope, I'm a very "unique" person when it comes to money. I had a couple of good paying years in the work force (with which I saved a ton of money up) and I have had help with living costs...

Currently at college studying a specialized engineering program so I had quit my job. All my income will now be based off of my upcoming 6 month co-ops over the next couple years which is peanuts compared to what I used to make. I'm currently running on reserve (albeit a decent one)!

So then you agree that a statement such as the 1/3 income one is pretty retarded?

There is much more to a purchase than 1 figure.

[OldSkoolToys]

Originally Posted by yarik83

To be honest there is a major flaw with how usa handles the "paycheck issue" Confidentiality is always paramount and people doing the same job get paid differently. That alone causes certain discomfort if you ask me. Here is an example. Lets say that Bob has been with the company for 30 years. One would assume that Bob would make more money than a new hire. Now say that a new hire has a wonderful collegiate pedigree but lacks knowledge. How much do you think he will earn at the start? How fast should his pay increase and while we are on same topic.. at which point will Bob stop getting increases or get reduced increase in pay with yearly evaluation. With all the new comers and old timers you have a certain disconnect. Old timers wish they made more and feel slightly violated that new hires got a lot more for start than they did way back when.

Its called inflation.....if say Jay (new comer) made the same amount Bob made 30 years ago when he started out, he'd barely be able to feed himself on a day to day basis. Inflation also accounts for the CPI (Consumer Pricing Index) which takes into account the increased local cost of living, which over 30 years, can grow drastically. In this example Bob is a moron for not understanding this simple concept. If Jay is making the SAME as Bob, coming in with just his college degree to Bob's 30 years of experience, I guarantee you they're both in the category of "unskilled" labor, where experience really doesn't matter because its just general labor that takes no specialized knowledge, skills, or technical know-how. In ANY other setting in the workforce, whether it be skilled labor, or experienced management, NO newcomer is going to make the same as a 30 year vet in the same field, and they SHOULDN'T either. This touches into the next part.

The question is of course open for debate but if everyone made the same amount of money then people would actually work and not theorize about who makes how much and why. If I had to suggest anything it would be a standard salary for all and a lump sum every year based on your evaluations. Ie excellent reviews get say 10% of salary bonus which ok reviews get say 3% salary bonus and bad reviews obviously do not get a bonus....or something of that sort.

Are you talking like a law that would enforce this across the country? Or that that's how Bob's company should do things?
The first scenario: No. No. NO.
The second scenario: If this effected experienced and skilled workers/management you would have a huge resistance from them and it would never pass.

@ car note should never exceed 1/3 of your monthly income:
It depends on how you see it. Honestly, if having the car is THAT important to you, than do it, its YOUR money, just so long as your actions are not seriously effecting the the livelihood of others (like your wife and children). Its only retarded from a numbers standpoint, where you're seriously hindering your ability to put money aside for savings and retirement, etc. Not only that, but if a car note is costing you more than 1/3 of your monthly income, you are probably upside down on the car completely to begin with, AND/ OR, you are paying an astronomical amount in interest only, greatly increasing the actual amount paid for the car itself. This is why its smarter to buy a slightly used 'new' car, rather than off the lot brand spanking new.

This will probably be the ONLY brand spanking new, fresh off the lot car, I will ever buy. As I see it, a person (especially an automotive enthusiast) should at least experience buying a brand new car once in their life, even if its not a financially sound decision. I might just be trying to justify financing a brand new FT-86 to myself, but I honestly don't care. Being financially retarded on this one purchase won't bother me in the least, as long as the car turns out how it should. It'll be worth the "retardedness".

[xantonin]

Originally Posted by OldSkoolToys

This will probably be the ONLY brand spanking new, fresh off the lot car, I will ever buy. As I see it, a person (especially an automotive enthusiast) should at least experience buying a brand new car once in their life, even if its not a financially sound decision. I might just be trying to justify financing a brand new FT-86 to myself, but I honestly don't care. Being financially retarded on this one purchase won't bother me in the least, as long as the car turns out how it should. It'll be worth the "retardedness".

:happy0180:
Agreed!