Car brand and HHI

[Anonymous]

Anonymous wrote:What is you perception of the HHIs of people by the car they drive? We have a $200k HHI....certainly not stupid DCUM money and drive a Mazda. I can't tell I we are being cheap of if we are perfectly in line with our income. It would make no sense to me to buy a car that costs over $30k with our HHI, yet around the DMV I see tons and tons of people driving Audis, BMWs, Beamers, Tesla, Porsche, Lexus, Acura etc. How much are those people averaging do you think for HHI? I wouldn't feel comfortable trying to buy a BMW unless I made like $500-600k. Yes, I knek that the DMV is wealthy, but are there really THAT many people making $300k+ ? The US census data seems to suggest otherwise. So what's your perception for car brand and HHI? It would also help if you state whether you a consumer or sales pperson.

A mega church near my house was giving out free food for the holiday and the line was literally 1/3-1/2 mile long. As I was driving past the line, I noticed every single car was better than mine. You can't assume one based on the other OP. We make 350/drive 2004 honda odyssey w/ over 200k/2009 accord w/ 150k.

[Anonymous]

I think the average price of a new car is around 30k OP— luxury cars are more like $60-75k.

[Anonymous]

520 HHI. DW and I have a 2007 Prius.

[Anonymous]

Our HHI is about and I drive a Honda Fit. We bought it when we made less than 100K. I love my car. I have no desire for a nicer one. If DH wanted a nice car of course he would be free to do so, but i have always thought that nice cars are just such a waste of money. I waste money on things so I don’t judge but dang, nice cars are a pretty expensive non-necessity.

[Anonymous]

Anonymous wrote:

Anonymous wrote:A lot of nice cars you see are company cars, like mine. Hhi 300k and 55k Volvo. But we have only one car.

When it’s a company car, it’s leased and it’s a business expense so it feels less expensive.

What kind of jobs gets you a company car?

[Anonymous]

My family is such a DCUM stereotype it’s sad. HHI $300k and our cars are a 12 yr old VW Golf and a 6 yr old Subaru Outback. Both purchased in cash.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:A lot of nice cars you see are company cars, like mine. Hhi 300k and 55k Volvo. But we have only one car.

When it’s a company car, it’s leased and it’s a business expense so it feels less expensive.

What kind of jobs gets you a company car?

Consulting when you have your own company. Or sales / project management when you work for a big company.

[Anonymous]

HHI $800k. Audi and Tesla. Both paid for cash, both less than 3 years old.

[Anonymous]

HHI $125k, living inside the Beltway, one car-- 2014 Honda CR-V. Financed but now paid off.

[Anonymous]

Anonymous wrote:Our HHI is about and I drive a Honda Fit. We bought it when we made less than 100K. I love my car. I have no desire for a nicer one. If DH wanted a nice car of course he would be free to do so, but i have always thought that nice cars are just such a waste of money. I waste money on things so I don’t judge but dang, nice cars are a pretty expensive non-necessity.

I can’t believe I omitted “600K.”

[Anonymous]

$235k HHI, one 5 year old Toyota paid for in cash.

[Anonymous]

550k 2017 odyssey, 2008 highlander, 2020 Subaru ascent

[Anonymous]

$190k hhi, two sedans both bought used and in cash for $17k each--2015 Volvo and 2018 Subaru. We normally by nice used cars and keep them for about 10 years.

[Anonymous]

Anonymous wrote:Our HHI is about and I drive a Honda Fit. We bought it when we made less than 100K. I love my car. I have no desire for a nicer one. If DH wanted a nice car of course he would be free to do so, but i have always thought that nice cars are just such a waste of money. I waste money on things so I don’t judge but dang, nice cars are a pretty expensive non-necessity.

+1 (HHI 300k) echo everything else you said

[Anonymous]

I think you all are proving that $309k is middle class here.