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How People (Rich vs. Poor) Spend Money

#48

Quote:If this person has a nice new gas guzzler, they can sell it and buy a nice new gas saver.


If they have an old broken down gas guzzler, they can sell it and buy an old broken down gas saver.


There is no inherent cost difference between the two styles of car/truck. If you have something that gets less than average mileage, you can find the better than average equivalent for minimal difference in cost.
 

I don't know of many low income people that have a "nice new" vehicle of any kind.  If they have an "old broken down gas guzzler" then they probably really can't afford a car payment on an "old broken down gas saver".  Either way, the maintenance costs alone would drown them.

 

However, that hypothetical person has to pay the same price and the same taxes to put fuel into the vehicle.  Odds are, if it's a "broken down" type of vehicle they have to add oil or other fluids as well.  So how much more are they being taxed?



There are 10 kinds of people in this world.  Those who understand binary and those who don't.
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Messages In This Thread
How People (Rich vs. Poor) Spend Money - by Ringo - 06-09-2016, 08:40 AM
How People (Rich vs. Poor) Spend Money - by jagibelieve - 06-10-2016, 05:27 PM
How People (Rich vs. Poor) Spend Money - by rfc17 - 06-12-2016, 10:49 PM



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