Quote:
Originally Posted by LivingAlmostLarge
I don't know if it's wrong to want nice luxury cars. I haven't had the privilege of driving something nicer and honestly I'm sort of tired of it. I think it depends where you are financially.
I still can't afford it so I guess it's a moot point! :P
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Nothing wrong with wanting a nice expensive luxury car.
However actually buying one is profoundly bad for one's financial future in regard to building wealth, and security....
...unless of course, one is already there financially.
The single biggest reason the middle class buy luxury cars is to make this statement to their friends, family, and neighbors: I am better then you!
This is mostly an American phenomena, and it is indicative of our materialism, status-by-car, and other shallow thinking.
Oh, and don't feel bad if you can't afford a Lexus, Mercedes, or BMW, because more then 75% of those that bought these cars can't afford them either.