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How People (Rich vs. Poor) Spend Money

#58

Quote:<a class="bbc_url" href='http://www.autotrader.com/cars-for-sale/vehicledetails.xhtml?endYear=2017&modelCode1=XB&showcaseOwnerId=0&makeCode1=SCION&startYear=1981&listingType=used&firstRecord=0&listingTypes=used&maxPrice=5000&showcaseListingId=0&mmt=%5BSCION%5BXB%5B%5D%5D%5B%5D%5D&listingId=403433987&Log=0'>http://www.autotrader.com/cars-for-sale/vehicledetails.xhtml?endYear=2017&modelCode1=XB&showcaseOwnerId=0&makeCode1=SCION&startYear=1981&listingType=used&firstRecord=0&listingTypes=used&maxPrice=5000&showcaseListingId=0&mmt=%5BSCION%5BXB%5B%5D%5D%5B%5D%5D&listingId=403433987&Log=0</a>


31/35 MPG.


Bottom line. These are adult people we're speaking about. For the most part you choose what type of car you own. You guys are acting as if someone forces a certain car on these people and it's impossible to change the situation.


When these people die how do they fit the cars in the same casket? I mean, let's be real here, even poor people buy cars at some point.


If a person owns a car on the relative low side of fuel economy, and can't find a way to sell it and get a car of similar value/dependability on the relative high side of fuel economy, they are either a very special case or have much bigger problems than fuel taxes.
 

I think the reality of the situation for those at the lower end of the income scale is somewhat more challenging than you realize.  Circumstances may dictate what type of car they drive more than personal preference.  For families with more than 3 children, most vehicles are simply impossible.  Vans or suv's with 3rd row seating are almost the only option.  Many self-employed workers (contractors/landscapers, etc.) trying to get by with one car, require a van or pickup.  Beyond the straight dimensional requirements is the safety factor.  Do you really want to put your kids in a tin can on wheels and go out on the highway surrounded by idiots texting while they're driving at 70 mph? 

 

As DragonFury pointed out, poverty is a vicious cycle and almost impossible to break free from.  The "system" absolutely hammers those whom, most often, can least afford it.  Late on a payment and you're hit with a penalty.  Put cash in the bank and you'll make 1 percent, pay the government late and they'll charge you 12.  Subprime auto finance rates typically run 15-25%.  Choices for these people aren't always easy and options aren't ever plentiful.

When you get into the endzone, act like you've been there before.
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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 Sneakers - 06-11-2016, 03:21 PM
How People (Rich vs. Poor) Spend Money - by rfc17 - 06-12-2016, 10:49 PM



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