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Reply to "Where does this notion come from that wealthy people don't drive nice cars?"
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[quote=Anonymous][quote=Anonymous]The humble millionaire next door seems like nonsense to me; rich people are not driving 25 year old Volvo station wagons. And everyone with a nice new luxury car obviously isn't broke and overextended. I'm currently in a swank town and every car is a new Range Rover, Porsche crossover, Tesla, or Audi-BMW-Mercedes (they all look alike). The worst car I see are new Chevrolet Tahoes, which are like 80 grand. If that humble old money thing ever existed, it certainly doesn't anymore.[/quote] Warren Buffett is well known for his frugality. He drives a 2014 Cadillac XTS. I have a NW over $17M and drive a 2019 KIA Sorento and 2024 Toyota Corolla Hybrid. I just don’t care about my image and frankly don’t want people to know I have money by driving flashy cars. It gets me from point A to point B. But that’s me. Some people are all about their image and buying nice cars whether they can afford it or not. I don’t care.[/quote]
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