Too many people are buying cars using financial products they do not understand

Re:Too many people are buying cars using financial products ... by vonmoltke on Saturday June 03, 2017 @03:08PM (#14477910)

Perhaps not in the UK, but in many parts of the US the leased (low-end) 3-series or C200 is the car if the so-called $30,000 millionaire (i.e., people living a lifestyle they can't actually afford by renting all the trappings).

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Re:Too many people are buying cars using financial products ... by to3m on Saturday June 03, 2017 @09:23PM (#14479445)

The lower end BMWs are not fancy cars in the UK either. I don't know if they'd class as "cheaper" or "downmarket", but the typical example probably isn't exactly the opposite either. There are a lot of 3-/4-cylinder 1-4 series on the road, and the 520d is common too. Something similar applies to Mercedes and Audi as well.

(see, e.g., https://www.whatcar.com/news/the-10-most-popular-cars-in-the...)

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Re:Too many people are buying cars using financial products ... by sugarrush on Sunday June 04, 2017 @11:50AM (#14482113)

Interestingly, lesser cylinders is spreading up the range of BMW (and other marques) and no longer an indicator of a cheap model. The 2017 330i is equipped with a 2.0-liter turbocharged four-cylinder...

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