Reply to Do you personally know anyone around DC who drives a Cadillac Escalade?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]That doesn't make it not-stupid.

I don't leave anything on the table when it comes to running my business, and I try to instill those values in my managers and our staff. If I had an employee who was buying/trading a new car every year, [b]I'd probably find a way to part company with them. It's a stupid financial decision, and reflects poor judgement overall. [/b]

Used cars, yes, change them as often as you want. Someone else already suffered the depreciation on them. [b]But trading a new car after a year shows someone doesn't know the first thing about money.[/b] Either making it, or keeping it. I don't want them working for me. [/quote]

LOL! Very naive. I think you'd have an aneurism if you knew how many private sector mid-level managers, execs and [b]public-sector city-state-fed bureaucrats[/b] have $800-1000/month auto stipends! Many specify Big 3 "American Made," thus all the tarted up Tahoe-Yukon-Escalade sales. But even without the domestic requirement, many end up in GM lux barges because they lease really well; a Benz or Range Rover SUV will be $1200/month, a similarly priced Escalade could be $800-900/month.

And domestic dealers allow early lease turn in to churn sales; so a bureaucrat may sign a 24 month lease on an Escalade but after 15 he calls the dealer and wants the newest version, they make it happen. He gets new car smell, dealer got 2 sales.[/quote]

Ahhhh.  Beautiful.  Let's raise taxes so we can pay for more of these 100k cars for the bureaucrats.  ESPECIALLY on you, PP, private (small?) business owner.   :wink: [/quote]

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