Net worth and type of car

[Anonymous]

About $4 million. A ten year old Ford and an eight year old Toyota.

[Anonymous]

1.5 million

2019 Jeep Cherokee

[Anonymous]

About $3m. A 2018 Civic and a 2012 CRV.

I don't live the life of an ascetic - we don't particularly care about cars, and have other expensive hobbies, so see no need to spend more than necessary on a car. For us, it would be a waste. For others, it isn't - if an expensive car makes you happy, and you can afford it, then have at it.

I really don't get the judgment, on both sides.

[Anonymous]

Anonymous wrote:About $3m. A 2018 Civic and a 2012 CRV.

I don't live the life of an ascetic - we don't particularly care about cars, and have other expensive hobbies, so see no need to spend more than necessary on a car. For us, it would be a waste. For others, it isn't - if an expensive car makes you happy, and you can afford it, then have at it.

I really don't get the judgment, on both sides.

+ 1. Our NW is about double PPs and we drive a 16 y.o. minivan and a 10 y.o sedan.

I have a good job, great family and big hands so don't have to compensate for anything by driving a flashy car.

[Anonymous]

Anonymous wrote:

Anonymous wrote:About $3m. A 2018 Civic and a 2012 CRV.

I don't live the life of an ascetic - we don't particularly care about cars, and have other expensive hobbies, so see no need to spend more than necessary on a car. For us, it would be a waste. For others, it isn't - if an expensive car makes you happy, and you can afford it, then have at it.

I really don't get the judgment, on both sides.

+ 1. Our NW is about double PPs and we drive a 16 y.o. minivan and a 10 y.o sedan.

I have a good job, great family and big hands so don't have to compensate for anything by driving a flashy car.

I am the PP, and although I appreciate the +1, you obviously didn't read the entire post. You missed the part about not getting the judgment, and if an expensive car makes you happy, then get one.

[Anonymous]

Anonymous wrote:3M

Volkswagen Atlas

+1 and an 8 year old beamer SUV

[Anonymous]

4 mil.
Prius and Sienna.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:About $3m. A 2018 Civic and a 2012 CRV.

I don't live the life of an ascetic - we don't particularly care about cars, and have other expensive hobbies, so see no need to spend more than necessary on a car. For us, it would be a waste. For others, it isn't - if an expensive car makes you happy, and you can afford it, then have at it.

I really don't get the judgment, on both sides.

+ 1. Our NW is about double PPs and we drive a 16 y.o. minivan and a 10 y.o sedan.

I have a good job, great family and big hands so don't have to compensate for anything by driving a flashy car.

I am the PP, and although I appreciate the +1, you obviously didn't read the entire post. You missed the part about not getting the judgment, and if an expensive car makes you happy, then get one.

Haha I was about to say the same thing. In my case I enjoy a really nice car. It’s what makes me happy. I’m sure these people with high net worths have hobbies or otherwise spend their money on stuff. I’m sure I’d think something one of these other people spent money on was “stupid” but we all make choices. You may not understand why I own a classic Defender and just bought a new one. I spend way too much time looking at them and photographing them and cleaning them and driving them off road and camping etc. it’s my hobby.

[Anonymous]

These threads area always such a good reminder that DCUM is not close to real life and the responses are self-selecting. Everyone wants to come in and gloat about their high NW and their basic cars. But we all know that's not the normal reality out there in the big world.

[Anonymous]

Anonymous wrote:These threads area always such a good reminder that DCUM is not close to real life and the responses are self-selecting. Everyone wants to come in and gloat about their high NW and their basic cars. But we all know that's not the normal reality out there in the big world.

Basic cars ARE the norm for the high net worth crowd though. Most of the people with higher end vehicles that I know are leveraged to the hilt.

[Anonymous]

Anonymous wrote:

Anonymous wrote:These threads area always such a good reminder that DCUM is not close to real life and the responses are self-selecting. Everyone wants to come in and gloat about their high NW and their basic cars. But we all know that's not the normal reality out there in the big world.

Basic cars ARE the norm for the high net worth crowd though. Most of the people with higher end vehicles that I know are leveraged to the hilt.

I work with many many people who make from $500k to over 7 figures. They do not drive 5 year old Toyotas. most drive BMW, Mercedes, Audi, Tesla. A few have more unique taste specific vehicles (F250, Alfa Romeo)

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:These threads area always such a good reminder that DCUM is not close to real life and the responses are self-selecting. Everyone wants to come in and gloat about their high NW and their basic cars. But we all know that's not the normal reality out there in the big world.

Basic cars ARE the norm for the high net worth crowd though. Most of the people with higher end vehicles that I know are leveraged to the hilt.

I work with many many people who make from $500k to over 7 figures. They do not drive 5 year old Toyotas. most drive BMW, Mercedes, Audi, Tesla. A few have more unique taste specific vehicles (F250, Alfa Romeo)

This thread is so old I may have said this before, but this is true, every high income professional that I know drives a great car. Every rich business owner I know drives a nice car. Several business owners who have kids basically have fleets of great cars, vintage Jag, Audi A6, 7 series, G wagons. There apparently is a secret undercurrent of wealthy people driving ugly cars with poor handling front wheel drive and without the latest safety features. Why would anyone want to live that way.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:These threads area always such a good reminder that DCUM is not close to real life and the responses are self-selecting. Everyone wants to come in and gloat about their high NW and their basic cars. But we all know that's not the normal reality out there in the big world.

Basic cars ARE the norm for the high net worth crowd though. Most of the people with higher end vehicles that I know are leveraged to the hilt.

I work with many many people who make from $500k to over 7 figures. They do not drive 5 year old Toyotas. most drive BMW, Mercedes, Audi, Tesla. A few have more unique taste specific vehicles (F250, Alfa Romeo)

This thread is so old I may have said this before, but this is true, every high income professional that I know drives a great car. Every rich business owner I know drives a nice car. Several business owners who have kids basically have fleets of great cars, vintage Jag, Audi A6, 7 series, G wagons. There apparently is a secret undercurrent of wealthy people driving ugly cars with poor handling front wheel drive and without the latest safety features. Why would anyone want to live that way.

Someone making 500k and driving an expensive car am still beep to eyeballs in debt.

[Anonymous]

5m..Lexus...never needs repairs..only maintenance.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:These threads area always such a good reminder that DCUM is not close to real life and the responses are self-selecting. Everyone wants to come in and gloat about their high NW and their basic cars. But we all know that's not the normal reality out there in the big world.

Basic cars ARE the norm for the high net worth crowd though. Most of the people with higher end vehicles that I know are leveraged to the hilt.

I work with many many people who make from $500k to over 7 figures. They do not drive 5 year old Toyotas. most drive BMW, Mercedes, Audi, Tesla. A few have more unique taste specific vehicles (F250, Alfa Romeo)

This thread is so old I may have said this before, but this is true, every high income professional that I know drives a great car. Every rich business owner I know drives a nice car. Several business owners who have kids basically have fleets of great cars, vintage Jag, Audi A6, 7 series, G wagons. There apparently is a secret undercurrent of wealthy people driving ugly cars with poor handling front wheel drive and without the latest safety features. Why would anyone want to live that way.

You keep saying income and not net worth which makes me think you work in some sort of super appearance-oriented sales environment. The highest earners in the US statistically don't drive flashy cars:

https://www.investopedia.com/articles/managing-wealth/022817/which-cars-and-trucks-do-wealthy-americans-drive.asp