Hamartia Antidote
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LEASE means that you will give it back after 3 years?
Yes as we know,it isn't an investment to buy a car.It's consumption.
If you have 300k dollars,$65k car is just a little thing.300k dollars is a lot of money in china because of exchange rate, but I think it isn't a big problem to an America family.
Well the average new purchased car price is $31,252 ( Report: Average price of new car hits record in August ) and most families own two cars. I'd say most families have at least $47K worth of cars in their driveways (~$22K car + ~$25K car). So could they combine it, pay a little more, and buy a $65K Mercedes..sure I guess...most wouldn't. I think $50K would be the limit for the typical family to not stress themselves.
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