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Life After Brown
I've noticed that most drivers don't own premium cars that they can afford. Why?
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<blockquote data-quote="JL 0513" data-source="post: 1207625" data-attributes="member: 50088"><p>In all fairness, going through divorce and having to pay child support changes the whole argument. In those cases, yeah, there's not much left for you. I wouldn't dispute that. </p><p></p><p>In a more common scenario, drivers pull $75K+ while also having a working spouse making a decent paycheck as well. That's a household income well above the national average. </p><p></p><p>The median household income in the US is $51K. Compared to a typical driver/spouse combo making over double that. That's good money. </p><p></p><p>Take a look around when you're driving. New cars are selling at record highs. The average transaction price is now $31K in the US. You'll notice tons of new trucks, SUV's, large cars, ect. A typical Ford Explorer, Jeep Grand Cherokee, or full-size p/u costs the same as a BMW 3-series or Lexus IS/ES. Those vehicles sell like hotcakes at IHOP. Yet, most of these everyday families aren't making over $100K. </p><p></p><p>Anyway, I don't need a reality check. I have a mortgage. I have a car payment. I have a baby. And every expense associated with all those things. I know how fast money goes. And I'm only half way to top rate. </p><p></p><p>It's good that most UPSer's seem really good at saving and preparing for retirement - that's great. God knows most people don't. In fact, the majority of Americans have NOTHING saved for retirement. But hopefully you guys are enjoying the better part of your lives, at least a little. A million dollars banked when you're dead doesn't do much for ya.</p></blockquote><p></p>
[QUOTE="JL 0513, post: 1207625, member: 50088"] In all fairness, going through divorce and having to pay child support changes the whole argument. In those cases, yeah, there's not much left for you. I wouldn't dispute that. In a more common scenario, drivers pull $75K+ while also having a working spouse making a decent paycheck as well. That's a household income well above the national average. The median household income in the US is $51K. Compared to a typical driver/spouse combo making over double that. That's good money. Take a look around when you're driving. New cars are selling at record highs. The average transaction price is now $31K in the US. You'll notice tons of new trucks, SUV's, large cars, ect. A typical Ford Explorer, Jeep Grand Cherokee, or full-size p/u costs the same as a BMW 3-series or Lexus IS/ES. Those vehicles sell like hotcakes at IHOP. Yet, most of these everyday families aren't making over $100K. Anyway, I don't need a reality check. I have a mortgage. I have a car payment. I have a baby. And every expense associated with all those things. I know how fast money goes. And I'm only half way to top rate. It's good that most UPSer's seem really good at saving and preparing for retirement - that's great. God knows most people don't. In fact, the majority of Americans have NOTHING saved for retirement. But hopefully you guys are enjoying the better part of your lives, at least a little. A million dollars banked when you're dead doesn't do much for ya. [/QUOTE]
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Life After Brown
I've noticed that most drivers don't own premium cars that they can afford. Why?
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