Quote:
Originally Posted by Mako
Quote:
Originally Posted by static_void
Quote:
Originally Posted by TruthOne
These prices are getting out of hand then again the average car is now 50k. How are most Americans affording a $800 car note?
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Hint: They aren't. |
Correct. Credit card debt up over 15% year over year |
I always caution about making assumptions about who can and cannot afford things. It's financial but also a personal question, based on risk tolerance and life choices and preferences to what and what not to spend money on.
Yes, many Americans are probably overspending on cars. But buying BMWs is not exactly a wise investment at all financially. Buying a depreciating asset period is financially pretty dumb, and when you do, as cheap and reliable as you can go, but here we all are, on a BMW forum, driving BMWs…