Reply to Where does this notion come from that wealthy people don't drive nice cars?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Not everyone is interested in cars, for many people cars are a way to get from point a to point b. [/quote]

Even multi-millionaires who don’t care about cars still drive nice new ones. A boring but nice crossover like a 2026 Lexus RX or Mercedes GLE - or maybe an E-Class wagon. Nobody rich is driving some decade old Honda or Chevy Malibu. Rich teenagers don’t even drive decade old economy cars. [/quote]

We were worth $40M+ and I was driving a 6yo Honda for another 2 years.  [/quote]

My kids drives a 2015 Subaru and a 2018 Kia.  They have trust funds from their grandparents and we are worth north of 10M[/quote]

No matter what we say, the flashy money people will never understand. We have nothing to prove. They are also making it out like it’s a 15 year old civic, a new Mercedes or nothing. I drive a newer Honda Odyssey with all the available features. It’s quite comfortable and does everything I need it to while flying under the radar. It replaced another older minivan. [/quote]

Just different personality types. Neither is bad or good, worse or better.
Maybe in the Meyer's Briggs world, the S types will like flashier material goods and the N types don't even notice the material goods.

Bottom line is that the car someone drives is not directly proportional to their income or their wealth, but simply more of an indication of their personality type.

And if you're into flashy cars, do know there is a significant portion of the population who won't even notice let alone care.[/quote]

I've lived in Miami and also know a lot of those super cars are rented or people are in debt up to their eyeballs on them.[/quote]

At a previous house, neighbors had 3 new very fancy vehicles they drove. Then there was a divorce. Tow trucks came at night for all the vehicles. Turns out they were all leased and when the payments stopped they were repossessed.

A fancy car speaks volumes about the person's spend rate, but says almost nothing about actual wealth. [/quote]

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