That being said, if you’re buying an 80k vehicle 2-3k isn’t a lot. If you want a new desirable model it’s the only way to get it on launch or year 1. Deposits are usually refundable.
While the deposits are refundable, that is still money you can’t put to use, either through investing it or spending it on daily needs. If it’s for a few months to hold a car that’s being built and delivered for you, that’s different.
Yeah but it’s mostly inconsequential at incomes coming from folks buying these vehicles. At 300k, which is a stretch here, you’re talking less than 1% total salary.
I can’t speak for the neighborhoods you hang out in but the USA car bubble is fucking insane right now.
People making $26 an hour in SoCal (where rent is $2400) regularly buy $70,000 trucks ($150,000 if you count interest), mustang GTs, top-trim/model Wranglers, GLAs. Spending >$50k on a car is normal for the working class when they don’t even own homes yet.
Complete insanity. I used to think the ‘collapse’ folks were full of shit. Turns out they were just early.
Wait-list isn’t a deposit.
That being said, if you’re buying an 80k vehicle 2-3k isn’t a lot. If you want a new desirable model it’s the only way to get it on launch or year 1. Deposits are usually refundable.
While the deposits are refundable, that is still money you can’t put to use, either through investing it or spending it on daily needs. If it’s for a few months to hold a car that’s being built and delivered for you, that’s different.
Yeah but it’s mostly inconsequential at incomes coming from folks buying these vehicles. At 300k, which is a stretch here, you’re talking less than 1% total salary.
I can’t speak for the neighborhoods you hang out in but the USA car bubble is fucking insane right now.
People making $26 an hour in SoCal (where rent is $2400) regularly buy $70,000 trucks ($150,000 if you count interest), mustang GTs, top-trim/model Wranglers, GLAs. Spending >$50k on a car is normal for the working class when they don’t even own homes yet.
Complete insanity. I used to think the ‘collapse’ folks were full of shit. Turns out they were just early.
🤷♂️, idk their overspending doesn’t hurt me. I see more people buying reasonable-ish cars and trucks.