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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]Obviously not 100% true, but I know examples who fit this trope. We make $2M/year. We drive an old and basic model VW Atlas and a minivan. My neighbors and my best friend are both super extended (money stress has come up multiple times in multiple ways with them). They have huge mortgages and private school but lease new luxury cars. So my sample size of 3 fits! [/quote] +1 There are plenty of both sides. We were worth over $10M and I was still driving a 14 yo SUV (it was low end luxury we had bought new). And then I sold it (for 30% of what I originally paid), we didn't need it and drove the teen's Honda for 2 years while they were at college without a car---Then bought a new one once they took car to college. We also didn't have a mortgage during this time, so could easily have afforded a newer/nicer vehicle. [/quote]
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