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Originally Posted by m4a1mustang Chemical engineer in DC/MD/NOVA. I think he'll be ok. Plus he's a high dollar hooker by night. I can't even tell you how much I pay

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Old 04-27-2011, 07:26 PM   #1 (permalink)
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Chemical engineer in DC/MD/NOVA. I think he'll be ok.

Plus he's a high dollar hooker by night. I can't even tell you how much I pay this guy.
PayScale - Chemical Engineer Salary Survey, Average Salaries

Assuming that is anywhere near accurate that's not much more than I make, and I have 0 debt and live pretty small other than my hobbies and I would NOT be able to take on a Gallardo without selling my soul to the thing.

Of course, that's just an average, and he may do much better than that.

Just food for thought, but my car payments are around $1K a month and insurance on both my cars is around $240/mo. I can do this comfortably but a Gallardo is well beyond me, though. Maintenance on that car would kill me, and you can't finance maintenance, lol.

*On a Gallardo, you are looking at $1-1.50 per mile to maintain. If you buy it used, check to see how much clutch is left. It's about $5K to replace and lasts around 15-25K miles normally, depending on how you drive it. Also understand that when you bu ya car like that pre-owned, it is HIGHLY likely that you are buying someone else's mess in that you are going to have a lot of wear/maintenance items to tend to right out of the gate. Have it inspected THOROUGHLY if you don't buy new.

Last edited by ImportConvert; 04-27-2011 at 07:35 PM.
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Old 04-27-2011, 07:27 PM   #2 (permalink)
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PayScale - Chemical Engineer Salary Survey, Average Salaries

Assuming that is anywhere near accurate that's not much more than I make, and I have 0 debt and live pretty small other than my hobbies and I would NOT be able to take on a Gallardo without selling my soul to the thing.

Of course, that's just an average, and he may do much better than that.

Just food for thought, but my car payments are around $1K a month and insurance on both my cars is around $240/mo. I can do this comfortably but without much room for any other superfluous expenses/hobbies. A Gallardo is well beyond me, though.
I was dead serious about the high dollar hooker part.
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Old 04-27-2011, 07:34 PM   #3 (permalink)
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I was dead serious about the high dollar hooker part.
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Old 04-27-2011, 07:35 PM   #4 (permalink)
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Old 04-27-2011, 07:43 PM   #5 (permalink)
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Old 04-27-2011, 07:37 PM   #6 (permalink)
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Originally Posted by ImportConvert View Post
PayScale - Chemical Engineer Salary Survey, Average Salaries

Assuming that is anywhere near accurate that's not much more than I make, and I have 0 debt and live pretty small other than my hobbies and I would NOT be able to take on a Gallardo without selling my soul to the thing.

Of course, that's just an average, and he may do much better than that.

Just food for thought, but my car payments are around $1K a month and insurance on both my cars is around $240/mo. I can do this comfortably but a Gallardo is well beyond me, though. Maintenance on that car would kill me, and you can't finance maintenance, lol.

*On a Gallardo, you are looking at $1-1.50 per mile to maintain.
I think the average pay here is higher than that. I have a couple friends graduating this year that are starting in the high $60k to low $70k range. With a couple years of experience and a master's degree I should be making quite a bit more. I think making six figures some where down the road isn't too unreasonable.
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Old 04-27-2011, 07:41 PM   #7 (permalink)
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I think the average pay here is higher than that. I have a couple friends graduating this year that are starting in the high $60k to low $70k range. With a couple years of experience and a master's degree I should be making quite a bit more. I think making six figures some where down the road isn't too unreasonable.
I don't think the notes are going to be an issue for you, I think it's the maintenance that will be a pain. You could well begin looking at the car as "another mouth to feed" rather than the toy it should be. When Italian cars break, they take the piggyback with them.

One other thing to consider:

If you are going to buy a Gallardo in 5 years, it will be 5 years old. No warranty. Probably lots of stuff that needs attention, etc. Might leave a bad taste in your mouth from the get-go.

I dunno, I am just VERY leery of foreign cars that don't come with bumper-to-bumper warranties. That is also part of why I got a 7/70 bumper to bumper in addition to the 5/100 powertrain warranty on my Z06. When things on expensive cars go wrong, it is a $3-6K hit (if a "cheap" system goes out, like A/C or clutch) right off the bat. It sucks to get smacked with that when you least expect it.

I have owned about 5 cars in my short life, and every one of them at/past the 5-8-year point had, at some point in its life, absorbed at least 50-75% of current residual value in repairs. I have no reason to suspect a Lamborghini would be any different.

Last edited by ImportConvert; 04-27-2011 at 07:46 PM.
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Old 04-27-2011, 07:52 PM   #8 (permalink)
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I don't think the notes are going to be an issue for you, I think it's the maintenance that will be a pain. You could well begin looking at the car as "another mouth to feed" rather than the toy it should be. When Italian cars break, they take the piggyback with them.

One other thing to consider:

If you are going to buy a Gallardo in 5 years, it will be 5 years old. No warranty. Probably lots of stuff that needs attention, etc. Might leave a bad taste in your mouth from the get-go.

I dunno, I am just VERY leery of foreign cars that don't come with bumper-to-bumper warranties. That is also part of why I got a 7/70 bumper to bumper in addition to the 5/100 powertrain warranty on my Z06. When things on expensive cars go wrong, it is a $3-6K hit (if a "cheap" system goes out, like A/C or clutch) right off the bat. It sucks to get smacked with that when you least expect it.

I have owned about 5 cars in my short life, and every one of them at/past the 5-8-year point had, at some point in its life, absorbed at least 50-75% of current residual value in repairs. I have no reason to suspect a Lamborghini would be any different.
I would never buy one without a full warranty from the dealership. That's just asking for a disaster.
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