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Talk About A Nice Holiday Gift

This article was written by in Consumer. 4 comments.

According to an article in USA Today, more consumers give new cars as gifts than they ever have before. Specifically, gifts tend to be luxury model cars.

It’s hard to fathom what is needed to afford this type of thing. I’m struggling with coming out on top at the end of the month even while spending under $200 in gifts this year.

Updated March 5, 2014 and originally published December 23, 2004. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about Luke Landes and follow him on Twitter. View all articles by .


avatar Michael

“…It’s hard to fathom what is needed to afford this type of thing.”

Mostly just a decent credit score. And the ability to overlook how you’re basically just throwing $100 bills out the window as you drive the vehicle off the lot.

avatar Jonathan

Haha, exactly what I was thinking. Keep in mind that the most common car owned by millionaires is…

…a Ford F-150 truck! High income does not automatically equal high net worth.