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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]$50K+ car screams emotional insecurity in all of you.

Such a waste of humanity's effort and nature's energy to indulge people like this.[/quote]

This is a dumb post. You have no concept of how much cars cost and likely haven't bought one in ages. My minivan costs nearly $50K. It is not a flashy car but it is one that is now on backorder at all dealerships.

Getting a good car will cost at least $40-$50K. [/quote]

Give us an example of a “good car” that an elderly couple needs vs a $30k so-called bad car. And remember, OP doesn’t want $40k car. She wants a $60k car! How will that significantly change her parents’ lives vs a $30k car.[/quote]

OP's DH makes $3M a year. There is no reason not to buy her parents a $50K car. Plus, buying seniors cheap cars is a bad idea. I just helped my 70+ year old mother buy a Subaru. She needs the safety and added features. It was $40+.

They can afford it. There is no reason to cheap out on her parents vehicle. Be a better kid. [/quote]

You can get a 2022 Subaru Impreza Premium, with all the bells and whistles, and only 6k miles for $26,998 at a local Carmax. How would that not serve her parents well?  She is just trying to show off to her family (probably siblings and others) at the expense of her DH’s common sense.[/quote]

I don't buy used cars so am not shopping at Carmax. Nor would I buy my parents a used car. We got a brand new car for my mother to ensure her safety. OP can definitely spend more on HER PARENTS.
Their household income is $3,000,000. Did you read all those zeros? Why are the PPs on this board insisting that OP live like a family making $300K or $150K? It's just ridiculous. TBH, I think most of the PPs are jealous. OP, you have cash. Live well. Buy your parents nice gifts. [/quote]

A car with only 6k miles on it is a lot less used than the one you’re currently driving.[/quote]

And a complete waste. Why would I shop at Carmax when I can get a new car covered by 36-48M warranty with free service during that time? Don't be ridiculous. No reason to buy a used car unless you are cash strapped, which OP is not. [/quote]

Maybe OP’s husband doesn’t want to pay the gift tax on something that expensive.
Plus, you sound like a snob.[/quote]

You are still missing the point. The HHI is $3,000,000. They are not poor, struggling, or counting pennies. They are living well. They can afford to pay for parents car. It's selfish not to. I make significantly less than them and bought my nanny a brand new car as a gift so I'm flummoxed as to DH's rationale here. 
If telling someone who makes $3M to not be cheap is snobby, I'll take it. [/quote]

Spending only $30K on a car is NOT cheap.  It's more than 80% of Americans spend on cars.  It's NOT being cheap.

I'm worth millions.  My college grad got their 8 yo vehicle they'd been driving since 16 yo as a grad gift.  Can I afford a new car for them?  Sure.  Do they need it?  Nope.  So they didn't get it.   As long as their old car is safe and reliable they will drive it (or spend their own $$$ to replace it---thankfully they are frugal so happy with their extremely reliable car and plan to keep it).   Am I cheap?  Hell no!  But just because we have $$$ doesn't mean we blow thru it.  If needed we spend it, otherwise we are financially savy. [/quote]

There’s a huge difference between giving your teenager a car and giving your elderly parents a car.   Do you really not see that?[/quote]

Not really.  Spending $30K on a vehicle would be way more than my parents have ever spent on a vehicle (until their  last care purchase 5 years ago when they spent $25K).   I want my elderly parents to have a safe reliable new vehicle---but they don't need a BMW on my dime.   Why would you think they require a luxury vehicle just because they are older?  They are not entitled to a luxury car from their kids, and mine wouldn't expect it.  Happy to help family members, but not happy to finance luxury when there is no added value.  Cars get you safely from point A to B and back.  Luxury adds no real value.  
I will however happily spend so my parents are in a better retirement facility with more features that they actually can use and need since I live on the other side of the country and the siblings are not inclined to help when the parental units need anything, so that all falls to me (even if I pay for the siblings to fly to parents, they wont and always have a reasons they can't help even if it's free to them).

But if you feel the need to provide your parents with a BMW rather than a Honda, you go for it and spend your money.  But don't try to tell others that it's "necessary". [/quote]

You think $50k gets you a BMW instead of a Honda today?  Seriously, when is the last time you bought a car?  Lemme guess, pre-pandemic?[/quote]

$50-55K will put you in an X3 or X1.  Obviously if you want an EV or a larger vehicle it will be more.  But yes, , $50K is the starting point for many luxury vehicles (Audi, bmw, Acura)  Still driving a 12+ yo vehicle but have definately been test driving and pricing newer ones.  So well versed in what's out there.

Fact is you can get a great smaller vehicle for $25-30K (think crosstek, CRV/accord, etc). Reliable, safe, great cars.  You can also choose to spend $50K on some Hondas or start at $50K for luxury cars.  But you don't need to spend $50K+ for a great reliable car[/quote]

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