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Originally Posted by TheGrandK-Man
On that last point: It's because it's so damn expensive to live here! We may be the "land of the free", but are we really free? $Thousands per year in vehicle and real estate taxes. Landlords jacking up rents for people who don't own their homes, etc. So owning a 10-15year old Lexus or BMW beater is the only way for lots of us to own a high-end car.
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Well, in the US, private cars, relatively speaking, are less costly to purchase, run and maintain than most other countries around the world. Our taxes and licensing fees are much less than in many countries.
Case in point: In Singapore, they levy a high import tax, and make you bid for a license (Certificate of Entitlement) when you buy a car. Annual license fees, and a road toll on top of that makes for car ownership to be about 3x what it costs in the US.