Reply to Average price of a new car is $48,094 (as of 9/22)

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[quote=Anonymous][quote=Anonymous]Our HHI is about $600k.  We just bought a Palisade for about that much - twice as much as we've paid for any other car.  We love the car, but it feels extravagant.

Then I see all these other "real" luxury cars and I know, by the numbers, most of them are making far less than us.

That said, I bought a $20k car fresh out of college when I was making $40k/year, so I can't claim to have always been a financial wizard.[/quote]

We “only” made in the low $400’s and we are really struggling mentally with the fact that our next car is going to cost $50k. We almost bought it right before the pandemic and it would have been $40k. I’m shocked how many in our neighborhood with similar jobs to us think nothing of spending $80-90k on a car and have two of them! Our second car was $22k at the beginning of the pandemic so that one will last a good long while.

We work really hard for our money and we don’t like to spend it frivolously. I love the old African proverb “once you carry your own water, you will learn the value of every drop.”[/quote]

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