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This is an absurdly out of touch comment. The vast majority of cars sold in the US aren't even close to $60k. The average new car is only $37k and only about 3

This is an absurdly out of touch comment. The vast majority of cars sold in the US aren't even close to $60k. The average new car is only $37k and only about 30% of car purchases are new cars.

FireBeyond 8y ago
Agreed. $60K is well into Mercedes E class, BMW 5 class, Audi S class territory. "Not that much" for the average US carbuyer, not so much.
- King-Aaron 8y ago
  You've just listed a group of $100,000+ AUD cars there. Just as a point of interest.
  - FireBeyond 8y ago
    Right, exactly - but yet to listen to the grandparent comment, "that's hardly much money to spend on a car these days".
    - King-Aaron 8y ago
      To highlight where I'm coming from, $37k USD is around $52K AUD, which then if you consider onroad and dealership costs, lands you in the ballpark of $60k AUD. Which is what you spend on a Kia Stinger, which while isn't an entry-level car, certainly isn't a Euro. https://www.carsales.com.au/demo/details/Kia-Stinger-2017/OAG-AD-16129345/?Cr=1 https://www.carsales.com.au/demo/details/Kia-Stinger-2017/OA...
      - rspeele 8y ago
        So $60K USD isn't an expensive car, because an average-priced $37K USD car is nearly $60K in AUD? ...what? Also, even the average new car price being $37K USD seems high to me, given the preponderance of sub-$20K cars I actually see on the road (Civics and Corollas). I could certainly be out of touch in the opposite direction, but I wonder if that's a mean or median average, and whether it includes vehicles that are typically more expensive like SUVs, minivans, and pickup trucks.
King-Aaron 8y ago
Apologies, I'm not from the United States.
- greglindahl 8y ago
  You probably have class warfare in your country, too. You didn't say anything about the average consumer, but they're criticizing you as if you had.
  - King-Aaron 8y ago
    Very much so. However it could be noted that the 'average' Australian income is in the area of $80k/yr ( https://www.livingin-australia.com/salaries-australia/ https://www.livingin-australia.com/salaries-australia/ ) and the purchase of a $60k car is not uncommon at all.
    - greglindahl 8y ago
      Don't worry -- what usually happens is that someone will show up to complain that the average person in the 3rd world has a much smaller income, therefore you are out of touch.
    - artificial 8y ago
      Here's a fun little site estimating the price. Things cost a bit more in Australia :/ https://onestepoffthegrid.com.au/much-will-tesla-model-3-cost-australia/ https://onestepoffthegrid.com.au/much-will-tesla-model-3-cos...
- MetallicCloud 8y ago
  As a fellow Aussie, I still find it ludicrous that $60,000 AUD isn't much to spend on a car. Obviously only an anecdote, but I don't know anyone who has bought a car that even approaches that price, let alone for that to be the norm.
  - King-Aaron 8y ago
ryanwaggoner 8y ago
We're talking new cars here, so the 30% figure isn't relevant. It's not fair to compare the 70% of used car sales to the $60k price here, since that's a new car price. So if the average new car is $37k, how many are in the range of $60k? The luxury segment alone is more than 10% and one of the fastest growing, and generally starts above $40k. And the $37k average isn't far from that, so I'd assume that there are tons of cheap cars pulling the average down, but also that there are probably a lot of very expensive cars pulling the average up. So while $60k for a new car is high, it's not like a crazy 1% super luxury purchase. I think you might be the one out of touch here...there are a LOT of wealthy people out there buying new cars for whom $60k is a drop in the bucket. For example: the very story that we're all commenting on!

This is an absurdly out of touch comment. The vast majority of cars sold in the US aren't even close to $60k. The average new car is only $37k and only about 30% of car purchases are new cars.

FireBeyond 8y ago

Agreed. $60K is well into Mercedes E class, BMW 5 class, Audi S class territory. "Not that much" for the average US carbuyer, not so much.

King-Aaron 8y ago
You've just listed a group of $100,000+ AUD cars there. Just as a point of interest.
- FireBeyond 8y ago
  Right, exactly - but yet to listen to the grandparent comment, "that's hardly much money to spend on a car these days".
  - King-Aaron 8y ago
    To highlight where I'm coming from, $37k USD is around $52K AUD, which then if you consider onroad and dealership costs, lands you in the ballpark of $60k AUD. Which is what you spend on a Kia Stinger, which while isn't an entry-level car, certainly isn't a Euro. https://www.carsales.com.au/demo/details/Kia-Stinger-2017/OAG-AD-16129345/?Cr=1 https://www.carsales.com.au/demo/details/Kia-Stinger-2017/OA...
    - rspeele 8y ago
      So $60K USD isn't an expensive car, because an average-priced $37K USD car is nearly $60K in AUD? ...what? Also, even the average new car price being $37K USD seems high to me, given the preponderance of sub-$20K cars I actually see on the road (Civics and Corollas). I could certainly be out of touch in the opposite direction, but I wonder if that's a mean or median average, and whether it includes vehicles that are typically more expensive like SUVs, minivans, and pickup trucks.

King-Aaron 8y ago

Apologies, I'm not from the United States.

greglindahl 8y ago
You probably have class warfare in your country, too. You didn't say anything about the average consumer, but they're criticizing you as if you had.
- King-Aaron 8y ago
  Very much so. However it could be noted that the 'average' Australian income is in the area of $80k/yr ( https://www.livingin-australia.com/salaries-australia/ https://www.livingin-australia.com/salaries-australia/ ) and the purchase of a $60k car is not uncommon at all.
  - greglindahl 8y ago
    Don't worry -- what usually happens is that someone will show up to complain that the average person in the 3rd world has a much smaller income, therefore you are out of touch.
  - artificial 8y ago
    Here's a fun little site estimating the price. Things cost a bit more in Australia :/ https://onestepoffthegrid.com.au/much-will-tesla-model-3-cost-australia/ https://onestepoffthegrid.com.au/much-will-tesla-model-3-cos...
MetallicCloud 8y ago
As a fellow Aussie, I still find it ludicrous that $60,000 AUD isn't much to spend on a car. Obviously only an anecdote, but I don't know anyone who has bought a car that even approaches that price, let alone for that to be the norm.
- King-Aaron 8y ago

ryanwaggoner 8y ago

We're talking new cars here, so the 30% figure isn't relevant. It's not fair to compare the 70% of used car sales to the $60k price here, since that's a new car price. So if the average new car is $37k, how many are in the range of $60k? The luxury segment alone is more than 10% and one of the fastest growing, and generally starts above $40k. And the $37k average isn't far from that, so I'd assume that there are tons of cheap cars pulling the average down, but also that there are probably a lot of very expensive cars pulling the average up. So while $60k for a new car is high, it's not like a crazy 1% super luxury purchase. I think you might be the one out of touch here...there are a LOT of wealthy people out there buying new cars for whom $60k is a drop in the bucket. For example: the very story that we're all commenting on!