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Reply to "Do you personally know anyone around DC who drives a Cadillac Escalade?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous] people who are rich but still are smart with their money drive Lexuses and either buy a new one each year .[/quote] People who take a MASSIVE depreciation hit on an expensive car by trading it in every year, year after year, are NOT smart. They are in fact complete dumbasses. They are likely losing $10k-$13k every time. Every time. That's not smart. That's stupid as hell. [/quote] They're not using their own hard earned money. It's often a lease or corporate expense that can be written off. You need to learn something about rich people and how they stay rich while having new luxury cars each year.[/quote]
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