Car brand and HHI

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This thread just proves the website is full of women. Such a stupid comment "I wouldn't feel comfortable buying a BMW unless I made 500k." LMAO! The average BMW car driver makes like 120k (https://hedgescompany.com/blog/2019/03/new-bmw-owner-demographics/#:~:text=The%20average%20household%20income%20of,2020%20is%20%24124%2C800%20per%20year.)

New college grads making 50k buy 25k Toyotas so why wouldn't someone making 100k buy a 50k car??

Unless Americans are really, really dumb with money, I don't believe this blog post at all. Who is dumb enough to buy an $85k 7 series on only a $185k income? That's almost half your yearly income on a car. I checked out that website further - they have a similar post for Teslas, claiming that your average buyer for a Tesla model S makes about $185k. Lol, who in their sane mind would buy a $100k car on only an income of $185k? That is absolutely asinine. Thst source seems way off with their numbers unless Americans are that piss poor with money. If Americans really are this stupid with money, then I have zero sympathy for crap like student loan forgiveness, etc. Americans are leveraging too much and living lifestyles they cannot afford while wanting society to bail them out for their poor financial decisions because they don't want to sacrifice anything since they need to drive $50k+ cars. Gimmie a break. Your average BMW driver must be an idiot.

Americans are really dumb with money and the average BMW driver can’t even figure out how to use a turn signal.

Exactly.

I live in the hood and I've got so many neighbors who make practically nothing but lease expensive cars. Every few months you'll see them driving a broke ass hoopty and that's when you know their Escalade or Range Rover got repossessed. A few months later when they've gotten their latest baby momma/daddy to cosign they'll be back in a nice car until the next time the repo man comes around.

[Anonymous]

HHI ~$150k, we drive a mid 2010s corolla with over 100,000 miles and a late 2010s Outback that we bought CPO. Corolla is paid off. Outback is financed at less than 1% and we could pay it off whenever, but are choosing not to right now.

[Anonymous]

Anonymous wrote:This thread just proves the website is full of women. Such a stupid comment "I wouldn't feel comfortable buying a BMW unless I made 500k." LMAO! The average BMW car driver makes like 120k (https://hedgescompany.com/blog/2019/03/new-bmw-owner-demographics/#:~:text=The%20average%20household%20income%20of,2020%20is%20%24124%2C800%20per%20year.)

New college grads making 50k buy 25k Toyotas so why wouldn't someone making 100k buy a 50k car??

If you’re suggesting it’s manly to blow that much money in a car when you have a tiny salary, I’m so happy to be a woman.

[Anonymous]

HHI a little over $300K. One Prius, one Highlander hybrid.

[Anonymous]

$1m HHI. 9 year old Accord (looking forward to a new car next year, maybe Tesla or equivalent), and 1-year old Sienna.

[Anonymous]

DCUM are some of the wealthiest and yet frugal people you'll ever not meet. Not a good barometer for this question.

[Anonymous]

$300K. Paid for our Volvo XC60 in cash.

[Anonymous]

Anonymous wrote:$300K. Paid for our Volvo XC60 in cash.

For the record, we run our cars into the ground. Had the last car for 16 years.

[Anonymous]

HHI and drive a Yugo

[Anonymous]

HHI 2.5 mil.

CRV,
Audi Q7

Both paid for.