Economy isnt that bad...poor people still driving mercedes'

Discussion in 'Economics' started by peilthetraveler, Mar 9, 2009.

  1. mr888

    mr888

    Sounds like some homeboy crack dealers, economy don't affect them. :D
     
    #11     Mar 10, 2009
  2. MattF

    MattF

    some people have a wack interpretation of reality.

    My recent fave was Circuit City GYOB....people buying stuff thinking they're getting the deal of a lifetime, even if they can't afford it. When the prices were marked up to begin with, so even at 50% off it's priced roughly the same online in many a spot....
     
    #12     Mar 10, 2009
  3. you can't judge a person's wealth if they're driving a sub-$150k car. anyone with a mcdonalds job living at home can buy a $50k car with a 12 year loan. even with cars the $150-250k range, there's a percentage of drivers who are posers (ie, those who are straining their budget to look rich).

    my estimate:

    cars from $35k to $50k: 50% of drivers are posers
    cars from $51k to $90k: 20% of drivers are posers
    cars from $91k to $150k: 15% of drivers are posers
    cars from $151k to $250k: 10% of drivers are posers
    cars from $250k and up: 5% posers
     
    #13     Mar 10, 2009
  4. why you losers care so much about what other people drive or have. Maybe they like cars, maybe it makes them happy. Nothing wrong with that.

    i drive a toyota because cars are just a tool to me, but i spend 10k a year on my reef tank, because fishtank makes me happy.

    And if one cannot afford it, soon or later he either sells it or go bankrupt. Then they would eventually learned their lessons.

    The real questions is why do you care so much about what other people drive or have to the point of making those pitiful jabs at them.
     
    #14     Mar 10, 2009
  5. Chicks ?
     
    #15     Mar 10, 2009
  6. Bingo!

    If girls did not care what kind of car guys drove, he would be riding a bicycle.
     
    #16     Mar 10, 2009
  7. Fractal

    Fractal

    OP: masturbation offers better returns than this.
     
    #17     Mar 10, 2009
  8. Sounds like you didn't take sociology in school.
     
    #18     Mar 10, 2009
  9. Uhh... yeah, the best selling book "The Millionaire Next Door" was the outgrowth of some research by a brokerage and it explains the difference between the two basic styles of life. You have people that are leveraged to the hilt to maintain an upper middle class lifestyle and next door you have the ones in a paid-for house.

    Of course, since reading that years ago I've had a chance to observe the paid-up types, many have no class at all. The book says that overwhelmingly they shop at Penny's and they tend to look like it too. It sort of makes me appreciate the poorer people that can flash a little style actually....
     
    #19     Mar 10, 2009
  10. lpchad

    lpchad

    Already happening on the northside of Chicago. Lots of 20-something guys who bought a 3-series thinking they were hot shit because they had a bimmer. The cars are suddenly going missing. I can only speculate end of leases, job loss, repo, etc. Too bad, I laughed at every douche I saw driving one of these for his poor taste.

    If you are going to get a BMW, at least drive one worth a damn!
     
    #20     Mar 10, 2009