Quote:
Originally Posted by JohnVidale
Set of hilarious stereotypes in the comments on this summary of the income and education vs brand survey:
http://www.mymoneyblog.com/driving-a...education.html
also, the blog notes income may well be household, not individual income, and that income may only apply to people that bought rather than leased the cars.
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Nice link...best quote:
A person who leases a Toyota SUV every three years spends more money in the long run than a person who buy a Lexus and drives it for 10 years. Another example… let’s say an Acura costs $15k more than the Honda counterpart. Over 10 years, that’s a premium of $1,500 per year or $125 per month (plus slightly higher maintenance and insurance costs). An iPhone family plan costs more than that.
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