"luxury" cars - why?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Anyone who spends that much on a car is bad with money. Full stop.

Spoken like someone with a lower income. Although I know you'll be back on here lying about your high HHI and generational wealth along with extreme savings.

Defensive! Hit a sore spot?

[Anonymous]

Because I enjoy driving a nice car.

[Anonymous]

To each his/her own... what's the deal? Why should you blow money on a nice dinner when a sandwich would do?

[Anonymous]

Anonymous wrote:Anyone who spends that much on a car is bad with money. Full stop.

This is one of the silliest things I have ever heard.

[Anonymous]

Why does anyone buy nice things? Why doesn’t Beyoncé live in a trailer?

[Anonymous]

If you’ve never experienced luxury you won’t appreciate it.

And if you don’t know, now you know.

[Anonymous]

Anonymous wrote:

Anonymous wrote:-Comfort (seat warmers, softer ride, don’t feel potholes, etc)

-More features, including safety features

If you look at cars now, they have come a long way from cars with back-up cameras. DH just bought a $65k car because he has a ridiculous daily commute and it has features like auto drive in traffic (it slows down and speeds up, brakes for you if someone brakes fast), and sensors all around so you always know if there’s someone in your blind spot, or if a kid runs out into the street when you’re backing up, thinks like that. ..

Relying on auto drive is a bad idea. Sounds like he wants the car to drive for him. That's dangerous. He should take the train!

I have one like this. You have to keep your hands on the wheel or it will disengage. The car has faster reflexes than a human.

[Anonymous]

What? Dude, if you are buying a $75-$150k car then chances are you quite wealthy and have enough money “saved”

[Anonymous]

A car is nothing more than a commodity. Buying a luxury car is no different than buying a designer bag. At least the bag will likely retain most of it’s value. If you like fancy stuff and have the money to afford it then why not?

[Anonymous]

Anonymous wrote:Why would someone buy a 70-150k car when a 35k car gets you around just fine? Seems like a waste to me. I have a friend who just bought a Mercedes and I don't think k I could bring myself to do it. I know everyone's values are different but if I got a raise, I would go on vacation and save some.

Psst: here's a little secret

Ready?

Some people can afford it

For many people in the DMV, 35k is a weekly income. Not really worth cheaping out then is it

[Anonymous]

Anonymous wrote:Same reason women pay $500 for shoes or 3k for a handbag.

This. It’s what it says about you to other people who see you driving it.

If there was a $65k Honda Civic with all of the amenities people are talking about, no one would buy it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Why would someone buy a 70-150k car when a 35k car gets you around just fine? Seems like a waste to me. I have a friend who just bought a Mercedes and I don't think k I could bring myself to do it. I know everyone's values are different but if I got a raise, I would go on vacation and save some.

Psst: here's a little secret

Ready?

Some people can afford it

For many people in the DMV, 35k is a weekly income. Not really worth cheaping out then is it

According to this 2014 NYTimes article, the median income of a luxury car owner is less than 100K.

It is certainly not those earning $1M+/year that are driving luxury car sales.

[Anonymous]

It’s an image thing. They do it because they can. It’s the same reason someone has a Rolex instead of a Timex. There isn’t actually any good reason for it other than being flashy and showing off.

Despite the opinions of some, luxury cars are not better, smoother, or safer than a Toyota. In fact, there are a lot of crash tests that show this.

[Anonymous]

Because they like it?
My DH loves cars and drives a mid-range BMW. I don’t care about cars and drive a minivan. We are financially very comfortable.

[Anonymous]

Anonymous wrote:Same reason women pay $500 for shoes or 3k for a handbag.

This.