or not really?Are there people who choose to not drive exp[ensive flashy cars to save money?
2007-03-27 16:11:34 · 18 answers · asked by jareet s 1 in Social Science ➔ Economics
I don't think I'd make that judgement. I drive a very expensive car, but I don't make all that much money. I can afford my car payment though.
2007-03-27 16:16:49 · answer #1 · answered by kherome 5 · 0⤊ 0⤋
Nope.
I don't think you can measure income by the car a person drives.
There are so many people who are in debt paying for a car way outside of their means, for whatever reason. People want to appear to be something they're not, some want to feel important, etc.
I knew an Army Colonel who drove a literally rusted VERY old, barely running truck. He loved that thing with all his heart. On the flip side, a logical comparison would be all of these silly little Army privates rolling around in Denalis and sports cars of all types because suddenly the have a 'job' and they've never had income before.
2007-03-27 16:24:18 · answer #2 · answered by kdfirekat 5 · 0⤊ 0⤋
No, you can't. Sam Walton was one of the 20 richest men in America (he has passed away) and he drove an old pickup truck. The guy driving the expensive sports car might have a 9 year note on the car. The only thing that you can tell by the car is spending habits and gasoline consumption.
2007-03-27 16:21:37 · answer #3 · answered by tipp10 4 · 1⤊ 0⤋
Not really.
A lot of the time the people driving big flashy cars are struggling to keep up with their lifestyle cost.
Sometimes that clunker next to you is transporting a millionaire.
Sam Meineke, founder of the Meineke Muffler shops franchise, which he eventually sold for over $13-million was driving a 20 year old Mazda B2000 pickup truck last time I saw him, dressed in overalls & looked like a country bumpkin but filthy rich.
2007-03-27 16:21:17 · answer #4 · answered by K C 3 · 3⤊ 0⤋
Nope, not a good measure, due to what is important to them.
Some people really put a priority on what they drive, so no matter how much or little money that they make, that is where most of their money will go.
Others will spend much less on a car because they want to put their money into a nicer home, or art work, or charity, so they might drive clunkers, but make lots of money.
2007-03-27 16:19:54 · answer #5 · answered by woman of faith 5 · 0⤊ 0⤋
Kind of. If someone owns a $150,000 car or more, then you can assume they are rich. But anything less than that is hard, cause the Kid that works at Dominos by my house has a Cadaliac Escalade with chrome spinning rims, and my boss (that makes about 90-100K) drives a Mazda. So hard to tell.
2007-03-27 16:19:02 · answer #6 · answered by timmytude 4 · 0⤊ 0⤋
I would say not some people spend above there means to drive really nice autos and some have the means and drive modest ones I knoew a few in both cases
2007-03-28 05:42:01 · answer #7 · answered by Anonymous · 0⤊ 0⤋
well, i can afford a new car, and i choose not to buy because i do not wish to have a car payment. the car im driving now i bought for 2000 cash, like 2 years agao, i figure its already paid for and ive already gotten my moneys worth, it still runs. i wil drive it into the ground before i get anything else.
2007-03-27 16:23:07 · answer #8 · answered by selina 2 · 2⤊ 0⤋
Warren Buffet is the second richest man in the world and the most successful investor ever. He lives in the same house he grew up in in Omaha, Nebraska.
2007-03-27 16:19:14 · answer #9 · answered by LemonButt 3 · 1⤊ 0⤋
Nope. I know a guy who drives a 30 year old Chevy pick up and he is a multi millionaire.
2007-03-28 21:47:26 · answer #10 · answered by Anonymous · 0⤊ 0⤋