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Amazing how many 50k+ vehicles I see parked in middle class neighborhoods, and Q7s parked in the lot at Target. Never saw that 25 years ago. Back then if you saw someone driving a new Mercedes you knew they were well off!
Do all these people finance everything to the hilt? I would think the last thing you would want to own if you had any sort of debt whatsoever would be a luxury car.
The same reason people tune into watch Duck Dynasty. The IQ of this country is falling and people want to live in perpetuity with payments of some sort.
The same reason people tune into watch Duck Dynasty. The IQ of this country is falling and people want to live in perpetuity with payments of some sort.
LOL
(My parents watch Duck Dynasty. My mother has an S550 and my father drives an older Chrysler Town and Country. They make over 200k a year though, so in their case, they just have really bad taste when it comes to television!)
Back on topic... most luxury cars are marketed towards the middle class, believe it or not. The middle class is defined several ways, but taking average incomes from the 20% to 80% tax bracket means that people who are making $47k up $142k.
Some people define middle class as making up to $250k... but all the people I know who think that are multi millionaires LOL.
At any rate, if you're making between $100-150k, and your financial house is in order, buying a $80-$100k automobile is not difficult.
Far too many people want things that they can't afford. Owning an expensive car says a lot about who you are. People have always been buying the better, fastest, and newest thing. We are taught in school to be consumers.
My years in the military have shown me that on average, the lower a Soldier gets paid, the more they spend on a car. I don't get it. Junior enlisted guys are buying Audi and Infinti while officers are driving Toyota, Honda and Chevy.
But it seems like people these days are all about projecting an image so they can look like they have more money than they really do. It can be with their cars, clothes or other material things.
We have a Hyundai and Kia, we use pre-paid cell phones. I rarely buy clothes. I'd rather spend my money on stuff such as good food than clothes or cars.
(My parents watch Duck Dynasty. My mother has an S550 and my father drives an older Chrysler Town and Country. They make over 200k a year though, so in their case, they just have really bad taste when it comes to television!)
Back on topic... most luxury cars are marketed towards the middle class, believe it or not. The middle class is defined several ways, but taking average incomes from the 20% to 80% tax bracket means that people who are making $47k up $142k.
Some people define middle class as making up to $250k... but all the people I know who think that are multi millionaires LOL.
At any rate, if you're making between $100-150k, and your financial house is in order, buying a $80-$100k automobile is not difficult.
Maybe it’s just me, but I’d think someone’s financial house is in disorder if they’re buying an $80k vehicle at that income level. There’s not a luxury car out there that won’t see its value halved after three years.
There's a lot of people racing towards retirement broke, but hey they looked good getting there.
My years in the military have shown me that on average, the lower a Soldier gets paid, the more they spend on a car. I don't get it. Junior enlisted guys are buying Audi and Infinti while officers are driving Toyota, Honda and Chevy.
But it seems like people these days are all about projecting an image so they can look like they have more money than they really do. It can be with their cars, clothes or other material things.
We have a Hyundai and Kia, we use pre-paid cell phones. I rarely buy clothes. I'd rather spend my money on stuff such as good food than clothes or cars.
It's not luxury brand cars, one can easily spend $50k plus on a new truck.
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