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Money and Finances
Reply to "How are there so many $60, $70, $80+ thousand dollar cars on the road??"
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[quote=Anonymous]Wealth and high net worth rather than just high current HHI is one big factor. Leasing and lightly used cars are other partial explanations. You are only looking at the big ticket $60k+ cost of a brand new car. Many people buy cars from the last few years or lease at good prices. Some large corporations, for example, get good lease deals that are pre-negotiated. Sadly, some people are also buying and leasing cars they probably shouldn't to keep up with the Joneses.[/quote]
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