Quote:
Originally Posted by Unregistered
265k pa is nothing to shout about. Very common if you are in your late 30s or early 40s.
Most of the new car owners are likely to be in this age range and many can pay for their new car in cash from their savings from bonuses over the past year or two. $100k for a new car is no big deal at all. Savings $100k pa is common.
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many can....... .. But the question is why would "many" want to do it??
Some will use their bonuses no doubt aka "a sucker is born every minute"... BUT the question is are there that many suckers?
And the main problem with the earlier post was that the poster aka yourself misled people by saying that since the car cost $100k hence the cost per year is $10k. hence you or the Govenrment would pay for the car park fees, petrol, servicing, insurance, road tax and TP fines??
Can you give us a more honest cost of car ownershp?