Originally posted by FMF
I had always assumed that the U.S. was similar to the U.K. where less well off people buy second hand cars or own old cars (i.e. keep their cars roadwortht for years and years and rarely buy "new" ones). That's the way it has been in the U.K. since as long as I can remember. Was there a time when poor people in the U.S. generally bought new cars?
It still is. Not in the big cities, perhaps. In big cities like Manhattan, most people probably don't own cars because they're so hard to park and traffic is terrible and public transit is good.
But go out into the burbs and everybody has a car. Furthermore, it's quite routine for working class and unemployed welfare recipients to drive new cars. While many people (including myself) choose to buy used because they'd rather save the money (especially if they don't really use the car that much), most people can afford to lease or finance a new car if they really want to.
Many Europeans probably wouldn't be able to relate, but the US is a car crazy place. Unless you live in a big city, you own a car. If you're a family in the suburbs, you probably own two. When your kid commutes to college, s/he gets a car too. Huge weekly circulars hawking all sorts of cars and car deals appear in the local weekly. Car dealerships are all over the place and. of course, car commercials are either the most common type of commercial or are approximately tied with beer.
In the old days, when GM was king, they used to say that there were 5 types of Americans:
- Chevy people (working class and poor)
- Pontiac people (doing a little better)
- Oldsmobile people (middle class)
- Buick people (upper middle class)
- Cadillac people (the rich)
Which GM is no longer the king it once was, the mentality has not really changed. If you want all of your friends to know that you had a really good year, you go out and buy a Lexus and drive around town.
It may be unfortunate, but it's as much as part of our culture as apple pie, guns, baseball and criticizing the federal government.