Bring Out Your Toys

[SHILOH]

Who makes 45K and drives a B-mer? It’s unaffordable.
The overgeneralization…as was stated.

[Trojan4Life]

There are plenty of plebes driving 3-series BMW’s on leases for $300 per month…probably a majority of the newer ones on the road are leased.

If you think about it, a $35k car loan for a 6-year term (now the average…scary) at 7% runs a buyer a monthly payment of $596. Same person with decent/good credit can lease a Mercedes E350 for $579 per month.

So, the moral of the story is a good number of those people who are driving imported luxury cars are leasing them and really don’t own them. Even the ones with USC alumni license plates.

For the record, I drive a Prius

Freddie, Proud USC Trojan

[Trojan4Life]

There are plenty of plebes driving 3-series BMW’s on leases for $300 per month…probably a majority of the newer ones on the road are leased.

If you think about it, a $35k car loan for a 6-year term (now the average…scary) at 7% runs a buyer a monthly payment of $596. Same person with decent/good credit can lease a Mercedes E350 for $579 per month.

So, the moral of the story is a good number of those people who are driving imported luxury cars are leasing them and really don’t own them. Even the ones with USC alumni license plates.

For the record, I drive a Prius

Freddie, Proud USC Trojan

[Trojan4Life]

There are plenty of plebes driving 3-series BMW’s on leases for $300 per month…probably a majority of the newer ones on the road are leased.

If you think about it, a $35k car loan for a 6-year term (now the average…scary) at 7% runs a buyer a monthly payment of $596. Same person with decent/good credit can lease a Mercedes E350 for $579 per month.

So, the moral of the story is a good number of those people who are driving imported luxury cars are leasing them and really don’t own them. Even the ones with USC alumni license plates.

For the record, I drive a Prius

Freddie, Proud USC Trojan

[Trojan4Life]

There are plenty of plebes driving 3-series BMW’s on leases for $300 per month…probably a majority of the newer ones on the road are leased.

If you think about it, a $35k car loan for a 6-year term (now the average…scary) at 7% runs a buyer a monthly payment of $596. Same person with decent/good credit can lease a Mercedes E350 for $579 per month.

So, the moral of the story is a good number of those people who are driving imported luxury cars are leasing them and really don’t own them. Even the ones with USC alumni license plates.

For the record, I drive a Prius

Freddie, Proud USC Trojan

[Trojan4Life]

There are plenty of plebes driving 3-series BMW’s on leases for $300 per month…probably a majority of the newer ones on the road are leased.

If you think about it, a $35k car loan for a 6-year term (now the average…scary) at 7% runs a buyer a monthly payment of $596. Same person with decent/good credit can lease a Mercedes E350 for $579 per month.

So, the moral of the story is a good number of those people who are driving imported luxury cars are leasing them and really don’t own them. Even the ones with USC alumni license plates.

For the record, I drive a Prius

Freddie, Proud USC Trojan

[Coronita]

except the fallacy in  the argument would be that someone that leases and can no longer afford things probably will just walk away from the lease and the car goes back to the dealer.

 

In fact the entire fallacy in the statement of being able by the BMW cheap is an assumption that the overstretched buyer paid cash for a car. Highly unlikely, as most of these would be leased and or purchased with an upside down car loan, which would mean that the driver wouldn't be able to sell it for cheap to recoup any cost. He/she would be better off just walking from the lease/loaned car.

 

—– Sour grapes for everyone!

[Coronita]

except the fallacy in  the argument would be that someone that leases and can no longer afford things probably will just walk away from the lease and the car goes back to the dealer.

 

In fact the entire fallacy in the statement of being able by the BMW cheap is an assumption that the overstretched buyer paid cash for a car. Highly unlikely, as most of these would be leased and or purchased with an upside down car loan, which would mean that the driver wouldn't be able to sell it for cheap to recoup any cost. He/she would be better off just walking from the lease/loaned car.

 

—– Sour grapes for everyone!

[Coronita]

except the fallacy in  the argument would be that someone that leases and can no longer afford things probably will just walk away from the lease and the car goes back to the dealer.

 

In fact the entire fallacy in the statement of being able by the BMW cheap is an assumption that the overstretched buyer paid cash for a car. Highly unlikely, as most of these would be leased and or purchased with an upside down car loan, which would mean that the driver wouldn't be able to sell it for cheap to recoup any cost. He/she would be better off just walking from the lease/loaned car.

 

—– Sour grapes for everyone!

[Coronita]

except the fallacy in  the argument would be that someone that leases and can no longer afford things probably will just walk away from the lease and the car goes back to the dealer.

 

In fact the entire fallacy in the statement of being able by the BMW cheap is an assumption that the overstretched buyer paid cash for a car. Highly unlikely, as most of these would be leased and or purchased with an upside down car loan, which would mean that the driver wouldn't be able to sell it for cheap to recoup any cost. He/she would be better off just walking from the lease/loaned car.

 

—– Sour grapes for everyone!

[Coronita]

except the fallacy in  the argument would be that someone that leases and can no longer afford things probably will just walk away from the lease and the car goes back to the dealer.

 

In fact the entire fallacy in the statement of being able by the BMW cheap is an assumption that the overstretched buyer paid cash for a car. Highly unlikely, as most of these would be leased and or purchased with an upside down car loan, which would mean that the driver wouldn't be able to sell it for cheap to recoup any cost. He/she would be better off just walking from the lease/loaned car.

 

—– Sour grapes for everyone!

[Ren]

It comes in handy sometimes. I found my wife on Craig’s List. Oh and I once sold some concert tickets.

[Ren]

It comes in handy sometimes. I found my wife on Craig’s List. Oh and I once sold some concert tickets.

[Ren]

It comes in handy sometimes. I found my wife on Craig’s List. Oh and I once sold some concert tickets.

[Ren]

It comes in handy sometimes. I found my wife on Craig’s List. Oh and I once sold some concert tickets.

[Author]

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