Quote:
Originally Posted by mav1178
Your reasoning assumes a $30k salary can pay for a car.
In reality, a $30k salary is the same as someone gifting you the car... because most loan places would not offer you something competitive with that type of annual income.
-alex
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I agree. Maybe they have help with payments.
Also
They could have saved quite a bit over a period of time or had help pitching in for a down payment.
Either way, these scenarios fall outside of the intended scope of this poll.