Quote:
Originally Posted by poormans_LFA
most 47+er's are buying far more expensive and exotic machinery.....since they can afford it.
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Doubt it. A lot of 40-50 y/o have
a) house bought during the bubble they at least lost a lot of home equity in over the last few years. So half of nest-egg gone.
b) their 401k portfolios are hurting
c) Kids are college-age and tuition fees are rising at an astronomical pace.
These guys aren't from baby-boomer generation and don't have enough dough saved to convince themselves that they are enough well-off to be buying expensive cars. So, yeah, on this forum there will be a lot of 'interested buyers' among under-30s. A lot of them will be saying "this better cost <$2?k or I'll walk". And I'm pretty sure actual median buyer age won't be below 40.