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re: How someone affords a median lifestyle in Dallas Texas

Posted on 4/4/24 at 12:18 pm to
Posted by SidewalkTiger
Midwest, USA
Member since Dec 2019
53410 posts
Posted on 4/4/24 at 12:18 pm to
quote:

All their little friends make fun of their car, most have much nicer. The median income in our town is around 80k at most.


Newish vehicles are a huge income suck, especially for young people because of multiple reasons.

High payments
Higher insurance
Repairs cost more
It sets the expectation that they always have to drive a newer vehicle

My brother makes less than $45k and drives a 2017 Chevrolet Silverado that was roughly $30k.

My dad makes probably $200k, is semi retired, and drives a 2010 Silverado that he paid about $15k for.

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