Just to add on to people’s thoughts, I did a quick back of the napkin calculation for our household income compared to the friends and them buying this SUV I would be similar to us buying a Lamborghini or Ferrari.
We bought a new vehicle last year (obviously not a lambo!) and it really is crazy how car culture influences us. We bought a van, which actually was a similar price as a SUV, but it does give us a lot of added functionality. So many of our friends will not buy a van because they aren’t cool. Also, we plan to drive the van for 8-10 years and are lucky to be comfortable in our finances to take advantage of a decent finance rate from the dealership. Our family policy is to only ever have vehicle payments for one car, but I know so many people that have two nice shiny vehicles with huge payments!
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