I see so many people driving brand new vehicles, new jeep trucks and grand wagoneers. These vehicles start at like 60k and go up to like 100k. Yeah people can’t afford them, but they’re still buying them. They’re thinking it’s a tomorrow problem.
Ya loans are the way most people do these things. Or they love out of their vehicles. It’s crazy. Meanwhile I’m driving a vehicle from year 2000 that I’ve owned outright since 2009. Most I spent on a major repair was 6k. I’d be blown away if my total cost of ownership, including maintenance was over 25k. Unless you’re making 160k a year with no dependents I don’t know how these people do it.
I see so many people driving brand new vehicles, new jeep trucks and grand wagoneers. These vehicles start at like 60k and go up to like 100k. Yeah people can’t afford them, but they’re still buying them. They’re thinking it’s a tomorrow problem.
Ya loans are the way most people do these things. Or they love out of their vehicles. It’s crazy. Meanwhile I’m driving a vehicle from year 2000 that I’ve owned outright since 2009. Most I spent on a major repair was 6k. I’d be blown away if my total cost of ownership, including maintenance was over 25k. Unless you’re making 160k a year with no dependents I don’t know how these people do it.
probably making minimum payments on the debt and then trading up every few years - they’ve been in debt so long that it’s normal.
Or leasing.