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Reply to "How do so many young families have $80k SUVs?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I have an $80k SUV and love it. I paid for it in full, so no debt. It's such a great vehicle - could't be happier with it. No family money here. I've worked hard to get where I am. Mid-40s, so not a young person, but I do have a young kid.[/quote] This could be me writing. 40F, finance, $700k HHI with fed partner, young kid, paid cash for a Volvo SUV and also still own a 15Y old Toyota. Car was wildly expensive and ridiculous and also is a pleasure to drive. I get the OP’s question- cars are nuts expensive for a depreciating asset![/quote] Sounds like you and the other PP did it the right way; through your own hard earned money, and not your parents funding it. Nice cars are a pleasure to drive. [/quote]
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