Net worth and type of car

[Anonymous]

$5M Range Rover and Volvo

[Anonymous]

20M

Two Mercedes and a Honda, cost about 250k total. We generally keep our cars for 2-6 years each, defending on how much we like them.

[Anonymous]

$5 m , 2014 rav 4

[Anonymous]

$350k. 2010 Toyota Camry.

[Anonymous]

Keep in mind that most of the rich a-holes in the DC area inherited their money and take great pride in being not ostentatious.

[Anonymous]

Anonymous wrote:Keep in mind that most of the rich a-holes in the DC area inherited their money and take great pride in being not ostentatious.

For some reason I’m ok with that.

[Anonymous]

Anonymous wrote:Every realtor I know drives a fancy car that they get to write off.

Each job has its perks, I suppose.

[Anonymous]

We have enough to be comfortable for life and we have a Subaru and a Chrysler. Have many friends in the same boat. Not trying to prove anything to anyone. Being rich doesn’t necessarily mean you want to hang out with people who want people to know they’re rich. Pretty gauche actually.

[Anonymous]

Anonymous wrote:We have enough to be comfortable for life and we have a Subaru and a Chrysler. Have many friends in the same boat. Not trying to prove anything to anyone. Being rich doesn’t necessarily mean you want to hang out with people who want people to know they’re rich. Pretty gauche actually.

Two ultra high net worth families that I knew growing up had no obvious displays. One dad drove an old Land Cruiser. The other drove a Jeep. Kids wore t-shirts, jeans, and Chucks and the like. Nice, but mostly “normal” houses. I only learned about their wealth over time during conversations about travel or holidays or college plans. For example, I would hear about the second, third or fourth house somewhere else in the US or the world. And it’s not like they’re dropping these facts to brag. I listend and learned by putting the pieces together. The sky is blue, the grass is green and the other weekend my parents stayed at their home in ____ while we went to our grandparents houses. Other tidbits became apparent over time - e.g., parents didn’t work for a salary, and the families had owned several companies for several generations. But all outward signs were “typical” — nothing extraordinary.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I suppose not all the doctors and big firm lawyers are on here. I don’t know a single one of them that doesn’t have an expensive car. My friend an anesthesiologist owns three Porsche’s! My friend from a large DC firm drives a Maserati. He says almost all his partners drive fancy cars.

Those are pretty rare examples of hitting a stereotype. Most big law partners I know drive boring cars --- subarus and mid-grade SUVs.

Drive around McLean or Bethesda up Elm street going out of downtown some time. Some rich people in these places are driving BMWs Range Rovers Mercedes and Porsche. I’ve not seen a high end new construction home without a fancy car. In fact every doctor I can think of I’ve over known drives a Mercedes or Porsche.

I think these are old stereotypes (at least for doctors). I'm a physician ($450k income) and have a 2010 Toyota, over 1/2 the cars in the attending physician parking spots are similar. Granted there are tesla, BMW, audi, Mercedes but a lot of modest cars. The CMO drives a prius and the CEO drives a Honda.

[Anonymous]

Anonymous wrote:Keep in mind that most of the rich a-holes in the DC area inherited their money and take great pride in being not ostentatious.

The nerve.

[Anonymous]

Anonymous wrote:I suppose not all the doctors and big firm lawyers are on here. I don’t know a single one of them that doesn’t have an expensive car. My friend an anesthesiologist owns three Porsche’s! My friend from a large DC firm drives a Maserati. He says almost all his partners drive fancy cars.

+1 I don’t believe this thread. Net worth about $4M. 5 cars. 3 Mercedes, Lexus, Honda Pilot. Looking down the street I see much the same. Some families have Suburbans, Tesla, more Lexus, Porsche etc. But we are poor at only $4M. Next neighborhood over more classic cars kept in the garage and Mercedes for everyday use.

[Anonymous]

At WF seem to be a parking lot full of luxury cars. So many Range Rovers. All leased I guess.

[Anonymous]

Net worth $2 million, Honda Fit

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I suppose not all the doctors and big firm lawyers are on here. I don’t know a single one of them that doesn’t have an expensive car. My friend an anesthesiologist owns three Porsche’s! My friend from a large DC firm drives a Maserati. He says almost all his partners drive fancy cars.

Those are pretty rare examples of hitting a stereotype. Most big law partners I know drive boring cars --- subarus and mid-grade SUVs.

Drive around McLean or Bethesda up Elm street going out of downtown some time. Some rich people in these places are driving BMWs Range Rovers Mercedes and Porsche. I’ve not seen a high end new construction home without a fancy car. In fact every doctor I can think of I’ve over known drives a Mercedes or Porsche.

I think these are old stereotypes (at least for doctors). I'm a physician ($450k income) and have a 2010 Toyota, over 1/2 the cars in the attending physician parking spots are similar. Granted there are tesla, BMW, audi, Mercedes but a lot of modest cars. The CMO drives a prius and the CEO drives a Honda.

I’m not talking about stereotypes. I’m taking about people I know and places I’ve personally observed. The driveways in neighborhoods and office car parks don’t lie.