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8 answers

Of course. Just about anyone can get a loan to buy a car or house. You can also choose to do without the house and buy a lamborgini.

Engineers make decent salaries. I believe starting salaries are now in the $40K to $50K range for Electrical Engineers. Electrical engineers can earn salaries over $100K with experience.

2006-07-16 15:32:40 · answer #1 · answered by SkyWayGuy 3 · 1 0

This is more a question of how much credit you can get extended rather than the question of income.

It is positively FRIGHTENING how big a loan you can get for something as spurious as a car. I am sure on an income of $20,000 a year you can afford a Mercedes. Mercedes sells a new sedan for something like $32k. You come up with 10% down and you are in for $329 payments per month. Easily in the reach of many, if that is your priority in life.

As for engineer incomes, an entry level engineer at a salary only company can make as little $35k and a senior engineer at the same company as much as $250k depending on seniority, field and geographical location.

2006-07-16 15:40:47 · answer #2 · answered by Mr. Quark 5 · 0 0

Yes, but only the 3 series BMW or C class Mercedes. engineers can make over $4,000/mth ($2800 after taxes) pretty easily right out of college and figure the car note to be $800 for a $35,000 car.

So you can, but do you want to?

2006-07-16 17:11:19 · answer #3 · answered by Arthur M 4 · 0 0

Yes they can, but many are smart enough to drive Toyota Camrys or Honda Accords instead. They get you there just as fast and just as well and they cost a lot less!!

2006-07-16 15:50:45 · answer #4 · answered by oil field trash 7 · 0 0

No engineers are restricted to Volvo, Saab and Acura. Oh and old V W bugs too.

2006-07-16 15:31:41 · answer #5 · answered by Anonymous · 0 0

Nearly everyone could, no matter what they did for a living. I suppose it would depend on what was important to them.

2006-07-16 15:32:10 · answer #6 · answered by Not Tellin 4 · 0 0

yes

2006-07-16 15:31:51 · answer #7 · answered by Anonymous · 0 0

Not in Singaopre.

2006-07-16 22:13:48 · answer #8 · answered by peng06 1 · 0 0

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