What amount of money on a car in cash indicates someone’s rich?
Just wondering as I hear a lot of people finance cars but ive been taught from a young age that financing is stupid and only buy a car if you have the money in cash. In saying that my family go and spend 200-300k on a car in cash every couple of years, does this indicate wealth? But I see so many other people with way nicer cars worth double to triple so unsure where we sit are these people all buying in cash?
u/Ok-Republic-1347 — 3 hours ago