Can you afford a luxury vehicle like a Tesla Model Y or Porsche 911?

Deciding which vehicle to purchase is among the biggest financial decisions that many people make. A luxury sedan or SUV can be an excellent choice for those who can afford it. Taking into account the long term costs of a loan agreement can make it difficult to know how much income is required. Our calculator makes it easy to see the total costs of ownership across a few key luxury vehicles.

Rivian R2

Rivian R2

Recommended salary is at least $110,372.59 for 4 years (at 6.49%) in order to comfortably afford paying $919.77/mo.

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Rivian R1T

Rivian R1T

Recommended salary is at least $166,139.31 for 4 years (at 6.49%) in order to comfortably afford paying $1,384.49/mo.

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Rivian R1S

Rivian R1S

Recommended salary is at least $175,244.08 for 4 years (at 6.49%) in order to comfortably afford paying $1,460.37/mo.

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Porsche 718

Porsche 718

Recommended salary is at least $171,624.93 for 4 years (at 6.49%) in order to comfortably afford paying $1,430.21/mo.

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Porsche 911

Porsche 911

Recommended salary is at least $308,424.12 for 4 years (at 6.49%) in order to comfortably afford paying $2,570.20/mo.

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Porsche Taycan

Porsche Taycan

Recommended salary is at least $240,821.19 for 4 years (at 6.49%) in order to comfortably afford paying $2,006.84/mo.

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Porsche Macan

Porsche Macan

Recommended salary is at least $148,863.01 for 4 years (at 6.49%) in order to comfortably afford paying $1,240.53/mo.

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Porsche Macan Electric

Porsche Macan Electric

Recommended salary is at least $182,778.28 for 4 years (at 6.49%) in order to comfortably afford paying $1,523.15/mo.

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Porsche Cayenne Electric

Porsche Cayenne Electric

Recommended salary is at least $248,105.01 for 4 years (at 6.49%) in order to comfortably afford paying $2,067.54/mo.

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Porsche Cayenne (+ Hybrid)

Porsche Cayenne (+ Hybrid)

Recommended salary is at least $204,629.73 for 4 years (at 6.49%) in order to comfortably afford paying $1,705.25/mo.

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Tesla Cybertruck

Tesla Cybertruck

Recommended salary is at least $164,420.78 for 4 years (at 6.49%) in order to comfortably afford paying $1,370.17/mo.

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Tesla Model S

Tesla Model S

Recommended salary is at least $197,186.58 for 4 years (at 6.49%) in order to comfortably afford paying $1,643.22/mo.

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Tesla Model 3

Tesla Model 3

Recommended salary is at least $100,448.39 for 4 years (at 6.49%) in order to comfortably afford paying $837.07/mo.

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Tesla Model X

Tesla Model X

Recommended salary is at least $208,567.54 for 4 years (at 6.49%) in order to comfortably afford paying $1,738.06/mo.

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Tesla Model Y

Tesla Model Y

Recommended salary is at least $115,243.64 for 4 years (at 6.49%) in order to comfortably afford paying $960.36/mo.

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Lucid Air

Lucid Air

Recommended salary is at least $159,105.87 for 4 years (at 6.49%) in order to comfortably afford paying $1,325.88/mo.

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Lucid Gravity

Lucid Gravity

Recommended salary is at least $181,867.80 for 4 years (at 6.49%) in order to comfortably afford paying $1,515.56/mo.

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Polestar 2

Polestar 2

Recommended salary is at least $113,582.02 for 4 years (at 6.49%) in order to comfortably afford paying $946.52/mo.

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Polestar 3

Polestar 3

Recommended salary is at least $190,972.57 for 4 years (at 6.49%) in order to comfortably afford paying $1,591.44/mo.

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BMW 3 Series

BMW 3 Series

Recommended salary is at least $101,290.58 for 4 years (at 6.49%) in order to comfortably afford paying $844.09/mo.

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BMW iX

BMW iX

Recommended salary is at least $198,256.39 for 4 years (at 6.49%) in order to comfortably afford paying $1,652.14/mo.

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BMW XM

BMW XM

Recommended salary is at least $361,914.65 for 4 years (at 6.49%) in order to comfortably afford paying $3,015.96/mo.

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BMW i3

BMW i3

Recommended salary is at least $147,952.53 for 4 years (at 6.49%) in order to comfortably afford paying $1,232.94/mo.

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BMW iX3

BMW iX3

Recommended salary is at least $136,571.56 for 4 years (at 6.49%) in order to comfortably afford paying $1,138.10/mo.

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BMW i4

BMW i4

Recommended salary is at least $118,817.26 for 4 years (at 6.49%) in order to comfortably afford paying $990.14/mo.

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BMW i5

BMW i5

Recommended salary is at least $152,049.68 for 4 years (at 6.49%) in order to comfortably afford paying $1,267.08/mo.

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BMW i7

BMW i7

Recommended salary is at least $240,593.57 for 4 years (at 6.49%) in order to comfortably afford paying $2,004.95/mo.

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