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re: I can’t help but think a lot of people driving newer cars with upside down loans

Posted on 5/9/24 at 6:43 am to
Posted by slackster
Houston
Member since Mar 2009
85485 posts
Posted on 5/9/24 at 6:43 am to
quote:

I don't understand why middle class people buy expensive vehicles. You can get a Camry for under $30k, it'll roll for 15 years and 300k trouble free miles.


Because they like them?

Same reason some people buy a ribeye or a filet instead of eating ground beef.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
263209 posts
Posted on 5/9/24 at 6:47 am to
quote:



Because they like them?



I;ve always found practicality saves me a hell of a lot of money and worry. I really dont need luxury level trim for a utility vehicle.

The one I just got has more junk on it than i 'll ever need.
Posted by greenbean
USAF Retired
Member since Feb 2019
4776 posts
Posted on 5/9/24 at 7:01 am to
quote:

Because they like them?

Same reason some people buy a ribeye or a filet instead of eating ground beef.


And then complain about not making a "livable wage." Rich folks should buy expensive vehicles, middle class and lower should buy Toyotas and Hondas.
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