Mmastodon BusinessFinance first seen 8 h ago, last 1 h ago, peak #1
Why Buying an Unaffordable Luxury Car Makes No Sense
Original: I never understood why people who can’t afford a fancy car always want to drop buckets of money on one. They depreciate
A motor enthusiast is questioning why people who cannot easily afford luxury cars still spend heavily on them, pointing out that new vehicles lose value immediately. Writing from the perspective of a longtime Camry driver, they argue cars are simply transport and reject the idea of a car as a status symbol. The comment has struck a chord with readers debating spending priorities and car culture.
Why now: People are debating whether cars should be status symbols or just practical transport, especially as vehicle prices rise.
Evidence
- I never understood why people who can’t afford a fancy car always want to drop buckets of money on one. They depreciate right away. Cars are for going from point A to point B. The whole car-is-a-status-symbol thing is beyond me. I have driven variations of Camry’s all my life.… · mookie@bunnymotorsports.com · 9
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