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Message
re: The age of vehicles on the road says a lot about the economic status of your area
Posted on 10/10/25 at 1:38 pm to weagle1999
Posted on 10/10/25 at 1:38 pm to weagle1999
We are either the poorest in the neighborhood or people are buying cars way beyond their means.
Every house in my subdivision has a newish Tesla and/or Mercedes out front.
Meanwhile we are rocking a 2008 Toyota and 2013 Ford.
Every house in my subdivision has a newish Tesla and/or Mercedes out front.
Meanwhile we are rocking a 2008 Toyota and 2013 Ford.
0
Posted on 10/10/25 at 1:41 pm to imjustafatkid
I like how people think really wealthy people don't have expensive cars, hiyses, yachts, etc. There certainly are examples like Warren Buffet that follow this but the vast majority of the wealthy and ultra wealthy do not follow this trend.
I assume because for them dropping 150k on an S-class isn't really noticeable.
I assume because for them dropping 150k on an S-class isn't really noticeable.
This post was edited on 10/10/25 at 1:42 pm
Posted on 10/10/25 at 1:41 pm to travelgamer
quote:
My parents bought a house on an acre newly built for 63K, less than what people are financing cars/trucks for these days.
Who cares? It’s not whatever year your parents bought their home.
Posted on 10/10/25 at 1:42 pm to imjustafatkid
quote:I'd say the most popular vehicle in my neighborhood is the Mercedes GLE. Mostly retirees in our hood that own their homes, paid cash ,the neighborhood is only about 15 years old and only has really grown in the past 7-8.
Correct. When you see a lot of new cars on the road, that tells you that you live around a lot of people who make very bad financial decisions.
Posted on 10/10/25 at 1:45 pm to fightin tigers
quote:
I like how people think really wealthy people don't have expensive cars, hiyses, yachts, etc. There certainly are examples like Warren Buffet that follow this but the vast majority of the wealthy and ultra wealthy do not follow this trend.
Nah dude lamborghini sold out of the entire revuelto model run before production began because all the financially illiterate poor people bought them up.
It certainly wasn’t the rich and wealthy buying the 700k+ car
Posted on 10/10/25 at 1:45 pm to JohnnyKilroy
quote:
You have to be seriously financially irresponsible to buy a nice car”
- guy who pays hundreds of dollars a month in alimony after failing to curb his drug addiction in time for his wife to give him another chance.
I dont pay any alimony bro. And my ex was the one who did the cheating. Sucked but im way better off without that fricken bitch.
Posted on 10/10/25 at 1:45 pm to fightin tigers
quote:An old acquaintance from my racing days worked for his dad's plastic packaging company. About 5 years ago they sold out for over a billion and immediately bought about $20 million worth of hypercars and started a you tube collection lol.
I like how people think really wealthy people don't have expensive cars, hiyses, yachts, etc. There certainly are examples like Warren Buffet that follow this but the vast majority of the wealthy and ultra wealthy do not follow this trend.
Posted on 10/10/25 at 2:13 pm to weagle1999
Everyone in my neighborhood mostly has these new blacked out Escalades or Denalis that are 1-2 years old based on the new grill. I"m either the poorest or not living maxed out to the gills in car notes with my wittle ole Honda Passport.
Posted on 10/10/25 at 2:13 pm to weagle1999
Just saw a mid-90's Dodge pickup at lunch which was pretty cool. Still going strong. Other that that old vehicle, everything else was late model.
Posted on 10/10/25 at 2:15 pm to Dixie2023
This! I buy olderish (6-10 years old) for cash and invest as if I have a note for a brand new one. It has done very well that way.
Posted on 10/10/25 at 2:25 pm to mudshuvl05
quote:
Neither am I. At the end of the day, both of us are using anecdotes, but what's not antecdotal is the actual numbers
You realize the actual numbers show that people are keeping cars WAY longer these days then ever before, right?
The average vehicle on the road today is nearly 13 years old. People bought cars much more frequently in the past vs today.
Posted on 10/10/25 at 2:29 pm to weagle1999
Lots of people with money don't drive new cars.
Posted on 10/10/25 at 2:35 pm to weagle1999
I drive a 94 F150 with 700 horses under the hood, that is more reliable and more durable than any new truck on the road.
Posted on 10/10/25 at 2:40 pm to Dixie2023
quote:why do people need to cope like this?
These days the smart folks drive older cars or keep what they have and will drive it into the ground. Only a fool will pay today’s prices.
Posted on 10/10/25 at 2:42 pm to weagle1999
quote:
Most of what I am seeing is being driven into the ground because the owners can’t afford anything else.
Interesting. So you know most people on the road driving and their financial status? Or most people yell out the window and tell you they are broke? Or what?
Posted on 10/10/25 at 2:52 pm to PhiTiger1764
quote:everyone on here also knows how much their plumber makes
Interesting. So you know most people on the road driving and their financial status? Or most people yell out the window and tell you they are broke? Or what?
Posted on 10/10/25 at 3:11 pm to GreatLakesTiger24
If you drive around MCG, the only older toyotas/Lexus you see are 2000s Landcruisers and LX470/570s
Which for reference MSRP'd for over 110k in 2025 dollars. I guess all those 8 and 9 figure net worth households missed the memo on driving an old Taco or camry.
Which for reference MSRP'd for over 110k in 2025 dollars. I guess all those 8 and 9 figure net worth households missed the memo on driving an old Taco or camry.
This post was edited on 10/10/25 at 3:12 pm
Posted on 10/10/25 at 4:27 pm to JohnnyKilroy
the garden district and nicer parts of uptown are full of landcruisers, the lexus SUVs (older and newer) and higher trim level suburbans, tahoes, etc
and of course mercedes
and of course mercedes
Posted on 10/10/25 at 4:30 pm to GreatLakesTiger24
quote:
the garden district and nicer parts of uptown
Still NOLA so I dont get the need to flex.
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