Source: The Detroit News
quote: I have been making over six figures since 2007. As far as income and net worth, my family is what would be considered upper middle class. I have never spent $40k on a vehicle and have no plans to do so in the forseeable future (say the next 10-15 years). That's way too much money. A vehicle is a depreciating asset that I like to spend as little as possible on. It's a money pit.