Reply to How are there so many $60, $70, $80+ thousand dollar cars on the road??

Forum Index » Money and Finances

Reply to "How are there so many $60, $70, $80+ thousand dollar cars on the road??"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]OP here - appreciate all the comments.  Sounds like I'm just on the cautious-side with money.

[/quote]

OP, I'm with you. We have roughly same HHI at $650K. Kids in public. Modest home (not new construction, built in the 80s) and would never spend on a $70K car. It's absurd to me. I drive a minivan. DHs car - when purchased - was 35K. I have friends who I know make way less than us and splurged on a Tesla. Yes, some people have high wealth but lower incomes but I don't think that's the case for the majority of the big car spenders. I think Americans splurge on cars to keep up with the Joneses. Cars are an easy luxury becuase they can be financed and paid out monthly for a relatively low rate. Houses not so much. Or you can try to get a used luxury car.

some people get flashy cars because they can afford it, and good for them. But I know a ton who are overspending and fail to save. I think the latter make up the bigger portion of the lux car market. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics