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.
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.