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]If you’re fine driving an economy vehicle, do you man. But stop acting like you’re better for it. Loser behavior. [/quote]

Everyone I know who claimed to be like this went out and bought nice new cars when they got a major promotion or inherited a large sum. It's impossible to live in an UMC area and not want a nice vehicle. Even if the man of the house remains low-key, the wife and kids won't be. When a wife spends hundreds of days in the drop off and pickup line seeing all of the other mums in Land Rovers, Audis, and Rivians, she's going to want one too. Nobody wants to stick out like they're some hick from the other side of the tracks.[/quote]

This thread is really off base.  First -- everyone should just do what they want.  But the first question is what do you mean by wealthy?  Do you mean the millionaire next door?  Someone who is UMC but does not make 250k plus a year but lives modestly and builds a lot of money by investing wisely.  If yes then I think these people do buy nice cars -- not overly expensive and practical and they keep them until the car dies.  They buy the Japanese cars people list above.  If by wealthy you mean the professionals in the 250-500k zone --- most buy nice and more expensive cars and they do not keep them until they die.  If by wealthy do you mean the higher end doctor, big law partner, PE firm partner, investment firm partner. then the answer is that they buy nicer cars -- not all but most.  Some pretend to be frugal and drive a Toyota.  But most do not.  Even the ones with the cheaper cars, their partners drive a BMW or Mercedes and their kids have jeeps or broncos.  Wealthy is not one thing.  The big law partner buying the Mercedes is also saving 150k plus a year for retirement plus other savings and buys the car.[/quote]

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