Reply to How are there so many $60, $70, $80+ thousand dollar cars on the road??

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Reply to "How are there so many $60, $70, $80+ thousand dollar cars on the road??"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My lease on a 60K car is $500 including everything. That’s what my car payment was for my Honda accord five years ago.

Sometimes people aren’t paying as much as you think. [/quote]

Was your Honda leased?  If not, that is not an apples to apples comparison.  Turn in that 60K car after lease and you have nothing.  After you pay off the Honda, you still have a car.[/quote]

No, the Honda was not a lease. I own it. That was my nice but reasonably priced car that I purchased trying to maximize value. (I still have it.)

The lease on the luxury car was to try out something new for a couple years and partially for fun. (Husband and I need 2 cats for work but obviously, nobody “needs” a 60K car)

The point is OP says they have no idea how people can afford these cars. I was just giving an example that these cars aren’t a crazy expenditure. I’m aware that this is not the way to “maximize value” but neither is going out to eat, or going to a concert or any number of small luxuries that I most definitely can afford. [/quote]

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