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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][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] Plenty of cars have very nice interiors and are "a pleasure to drive" and cost half that. People just don't want to admit it's about status. [/quote] +100 I used to drive a Volvo suv and the differences from my Toyota vehicles driving experience was pretty small. Back then they did have better safety features though. IMO there is not much difference in driving experience until you get to the top of the line mass market luxury vehicles-things like Mercedes AMG or Audi A8. [/quote] My high trim honda civic at sub 25k was pretty nice to drive vs the various rental cars I was given during business trips.[/quote]
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