Kyle Lowry’s New Ferrari Only Cost Him $2,100 In Regular People Dollars
It's hard to put wealth into perspective. What does a $30 million salary really look like? For Kyle Lowry, it means a new Ferrari delivered to his doorstep.
So, let's do some math.
So, after taxes, fees, and upgrades, Lowry's new whip would come to approximately CA$1,000,000, give or take.
If he makes $30,000,000 a year, a $1,000,000 bill would only cost him 3.33% of his yearly salary.
According to Payscale, the average Torontonian makes $64,000 a year.
That means that 3.33% of your yearly income is $2,131.
So, Kyle Lowry buying a Ferrari 812 GTS for $1,000,000 is the equivalent of the average Torontonian buying a $2,131 car.
Although, $2,000 doesn't hold a candle to the $100,000 Raptors fans were paying to see Lowry play in the 2019 Finals, so maybe Torontonians actually love big purchases.