Quote:
Originally Posted by zx10guy
Just because someone buys a new car or a car with a warranty doesn't mean they're wealthy. Leases, being able to roll over negative equity into the next car loan, sub prime auto loans, and loan terms that now go out to 7 years have made new cars accessible to many people; even those that have no business buying a new car.
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I think you don't understand the general public.
I've pointed this out before, many here have a skewed impression of how others live. I don't make that much but just my income income is $20k more than then national household income. That doesn't include my fiance's income.
And many of you make a significant sum more than that. Many of you guys have multiple times of money in cars as I have in my house.