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It's not luxury brand cars, one can easily spend $50k plus on a new truck.
The first new truck I bought was 24,000 bucks and it had just about anything I needed or want. Some people overspend because there are good salesmen out there who will get you to buy more than you need. You would be surprised how easy it is to talk someone into “upgrades”. And some people flat out need to show they are successful and have the im better than you attitude and buying expensive cars is one way to show it
I dont drive fancy cars. But my trucks do look brand new. About the only person who gets a new car is my wife and that’s about every 10 years. I may take her old car which is in perfect shape,
I dont much care what someone spends their money on and if they are in financial straights. If they ask me for advice I won’t sugar coat it but other than that it’s your life your problem.
I drive a $50K car for two reasons 1) I like it 2) I can afford it.
Judging by where I live, you probably wonder why I drive it. Well, I like my house too. We could afford a house worth twice as much, but I don't want one. I like the house I have and don't want to move. You have no idea how much money people have. People probably look at our lifestyle, and think we can't afford an expensive car. They're wrong. We have more money than I think most people assume we have.
And it doesn't need to have a luxury emblem on it to be $50K+ I have an Explorer Platinum. I know someone who spent $60K on a pick-up truck. But someone sees a BMW and thinks, "Oh, a BMW, it must have cost a fortune," when if fact, depending on the model, it may very well have cost less than my Ford.
I drive a $50K car for two reasons 1) I like it 2) I can afford it.
Judging by where I live, you probably wonder why I drive it. Well, I like my house too. We could afford a house worth twice as much, but I don't want one. I like the house I have and don't want to move. You have no idea how much money people have. People probably look at our lifestyle, and think we can't afford an expensive car. They're wrong. We have more money than I think most people assume we have.
And it doesn't need to have a luxury emblem on it to be $50K+ I have an Explorer Platinum. I know someone who spent $60K on a pick-up truck. But someone sees a BMW and thinks, "Oh, a BMW, it must have cost a fortune," when if fact, depending on the model, it may very well have cost less than my Ford.
The financial impact of a BMW is not reflected in the window sticker, but in the cost of ownership.
I drive a $50K car for two reasons 1) I like it 2) I can afford it.
Judging by where I live, you probably wonder why I drive it. Well, I like my house too. We could afford a house worth twice as much, but I don't want one. I like the house I have and don't want to move. You have no idea how much money people have. People probably look at our lifestyle, and think we can't afford an expensive car. They're wrong. We have more money than I think most people assume we have.
And it doesn't need to have a luxury emblem on it to be $50K+ I have an Explorer Platinum. I know someone who spent $60K on a pick-up truck. But someone sees a BMW and thinks, "Oh, a BMW, it must have cost a fortune," when if fact, depending on the model, it may very well have cost less than my Ford.
When I read luxury cars....a Ford Explorer to me isn’t in that group. To me a luxury car is the S series 7 series Lexus 400 series Range Rover Land Rover Jaguar basically 70k and up. At one time 50k was luxury car territory but now...anything in the 40-50-60k is really what’s considered common type vehicles to me. It may be a fully loaded model but it a run of the mill vehicle. We’re looking at buying a new car in the next two years. I’m thinking either a Telluride or the Hyundai version. I wouldn’t mind a Explorer Platinum AWD Twin Turbo Ecoboost. Either of those SUVs is gonna run 45/50k.
I think by saying luxury OP really means to say people buying cars where the the income level and type of car do not match
I wouldn’t mind a Explorer Platinum AWD Twin Turbo Ecoboost. Either of those SUVs is gonna run 45/50k.
That's what I have, and I love it. I also considered the Acura MDX and Volvo XC90. The Volvo was beautiful, but just a little too small for what we use it for. I also liked the Acura, but once you put in certain options, which were actually kind of basic stuff to me, the second row automatically "upgrades" to two captains chairs, thus making it a 6 passenger car instead of a 7 passenger car. That was a deal breaker for me, since we stuff 7 people in our car pretty regularly. And the Explorer actually has options in it that aren't even available on most cars, including the Acura.
The Platinum engine is great. It's amazingly quick and sporty for an SUV that size. But the performance definitely comes at the expense of gas mileage. I had an Expedition before the Explorer, and the gas mileage on both is about the same, if that tells you anything.
That's what I have, and I love it. I also considered the Acura MDX and Volvo XC90. The Volvo was beautiful, but just a little too small for what we use it for. I also liked the Acura, but once you put in certain options, which were actually kind of basic stuff to me, the second row automatically "upgrades" to two captains chairs, thus making it a 6 passenger car instead of a 7 passenger car. That was a deal breaker for me, since we stuff 7 people in our car pretty regularly. And the Explorer actually has options in it that aren't even available on most cars, including the Acura.
The Platinum engine is great. It's amazingly quick and sporty for an SUV that size. But the performance definitely comes at the expense of gas mileage. I had an Expedition before the Explorer, and the gas mileage on both is about the same, if that tells you anything.
Yeah that’s the problem with the Ecoboost. It’s either Eco or Boost. It’s never both. We just started getting F150s at my last company before I went to work for the place I work now. The owner only bought V8s but for that year we couldn’t get the cab configuration with the V8 so he got some TT EcoBoost. I drove one. It was pretty quick for a 3.5 liter. Not sure how they’re doing but my buddy has a Flex with one and he just got a water pump replaced. He pretty much had a aneurism when he saw the bill.
Yeah that’s the problem with the Ecoboost. It’s either Eco or Boost. It’s never both. We just started getting F150s at my last company before I went to work for the place I work now. The owner only bought V8s but for that year we couldn’t get the cab configuration with the V8 so he got some TT EcoBoost. I drove one. It was pretty quick for a 3.5 liter. Not sure how they’re doing but my buddy has a Flex with one and he just got a water pump replaced. He pretty much had a aneurism when he saw the bill.
There is no "problem" here. They work as intended but they do have higher MPG variability depending on how much of a lead foot someone is. (All turbo based engines tend to have a higher spready between their city and highway stated MPG numbers.)
If they slam on the gas constantly (engaging the turbo all the time) that's just bad driving, not the fault of the engine. My Dad drives like that...either at 10% power or 80% power it seems like....he can't work the middle.
Overall, though, put an EcoBoost 2.0L in a vehicle and it will get better fuel mileage (10-20%), with more power, than the standard V6 it replaced. That's why they are so popular, and every other OEM is doing the same thing with turbo engines.
There is no "problem" here. They work as intended but they do have higher MPG variability depending on how much of a lead foot someone is. (All turbo based engines tend to have a higher spready between their city and highway stated MPG numbers.)
If they slam on the gas constantly (engaging the turbo all the time) that's just bad driving, not the fault of the engine. My Dad drives like that...either at 10% power or 80% power it seems like....he can't work the middle.
Overall, though, put an EcoBoost 2.0L in a vehicle and it will get better fuel mileage (10-20%), with more power, than the standard V6 it replaced. That's why they are so popular, and every other OEM is doing the same thing with turbo engines.
Nah, my turbo vehicle gets great mileage. Beats the EPA rating significantly. My daily commute has me at 28.1mpg after a few hundred miles, and epa highway is only 27. SOME turbo vehicles dont do well with the mpg.
Previously, I had the NA motor version of the vehicle, and it got worse mpg even though epa rated it higher.
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