Quote:
Originally Posted by Perfectlap
That is crazy. So what's the average income for a college graduate working for say at least 10 years? Do they go into debt for the next 20 years to pay off that $100K Passat wagon?
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College degree and ten years experience I guess that person could be doing pretty well... just guessing but anything from $75k to substantially over six figures depending on what they do and if they live in a big city or do something related to the oil industry. Not that it matters 'cause everything here is expensive. A good craft beer will be at least $15 a pint and up in a bar, again taxes at work. Something has to pay for my "free" health care and standard of living, free education, etc. We have the highest quality of life anywhere in the world. And I know the difference, I'm from New York and lived in several states including Cali before moving over here.
Back to cars. The loaded Passat Alltrack is maybe not fair or representative. There are plenty of comparitively reasonable used cars and even some new ones, but they are still expensive. One of my employees bought a brand new Kia, that ran him $50K. But again... the exchange rate is not in favor of the dollar so it sounds worse then it is. At year 2000 exchange rates that car would have been $35K all things being equal, so you see why, at the start of this post, I didn't want to skew the discussion by bringing price into the equation. Cheers!
