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Reply to "Cost of a car and HHI/NW"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This is why when you read average and median stats for 401k savings, they're shockingly low. Like half of all Americans have $0 saved for retirement. Then you go read how the Ford F150 and all of these insanely expensive trucks are top selling cars. Go out and see all of the audis, BMWs, lexus, Teslas etc. on the roads. People in America spend, spend spend, have a debt fueled life, and save very little. Then they have to shell out even more for stupidly expensive repairs and maintenance. We have a healthy income and drive a completely paid off Mazda that was less than $21k. We will need a new car soon, but I wouldn't feel comfortable buying anything more than a [b]smallish[/b] Toyota. [/quote] Some families cannot do "smallish" as their only vehicles. Some have multiple kids and pets, and family/friends carpooling. Minivans aren't necessarily cheap either, but 3 row SUVs (which are extremely popular family cars) tend to cost quite a bit even if not European makes. Also, if you spend a lot of time in the car and travel long distance you probably want something comfortable. There is a difference in interior features and comforts between basic cars and entry level luxury cars, people apparently value this for some reason. [/quote] This is the biggest crock of S of all time. You clearly drink the automotive industry Kool aid convincing you that you need some ridiculously stupid sized SUV etc. 'because I have a family!'. Newsflash: people all over the world have families. People in Europe have families of 4 and 5 and are completely fine driving a smaller wagon. This video completely obliterates this line of logic. [youtube]https://youtu.be/jN7mSXMruEo[/youtube] As the video goes on to show, SUVs often have less towing space or just as much towing space as many smaller sized wagons. The auto industry just likes to sell you a massively oversized death machine to make more money off gullible people like you.[/quote]
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