You may have already been thinking, “I have a $10,000 car.” That’s not true. A $10,000 car is not an investment vehicle. Yes, you may have a lot of money to spend on a car. But the fact is that a $10,000 car is not the only car you own. It’s a vehicle that’s a part of your life.
That is kind of true, but at the same time, not all cars are investments. A 10,000 car is a vehicle you share with family and friends, which is only the most basic of the type of car you own.
A 10,000 car isn’t just a car. It’s also a lifestyle. If you’re a car guy, you probably will have a 10,000 car. If you’re not, you probably do not. You have a vehicle that represents a specific time in your life and a specific place in your life. It may be a car you bought for your kids, or a car you bought for your parents, or a car you bought for yourself.
As a car guy I agree! A 10,000 Car is a car someone makes for themselves. They are the exact car they want, the one they dream of owning, the car you want to drive if you could only afford a 4-cyl. The only problem with buying a 10,000 car is that 10,000 cars can easily exceed $1 million. And then there’s the question of why you want to own a 10,000 car if you can afford a 4-cyl.
The 10,000 Car is the easiest way to get a car that really wants to be yours. But there are plenty of people out there who can afford a 10,000 car, but would rather be a millionaire. There are plenty of people who would buy a 1000 car to avoid the 1 million car issue.
The problem with buying a 10,000 car is that you need to be able to afford a 4-cyl. The car will have the same problem of being the cheapest in the class. If you can just buy a 4-cyl., you will still end up paying more than you need to pay for the 10,000 car. This can be a problem if you have a family with children and the kids want to get a car for themselves.
It’s called the car gap. One million car buyers will always be able to afford a 4-cyl. but that one million car buyer won’t be able to afford a 10,000 car. They will end up with a 4-cyl. that is the same price as a 10,000 car but has the same power and weight. I’m not saying that everyone needs a 10,000 car, just that one will have problems even if they do purchase one.
The car gap is a big problem with a ton of vehicles on the market and a ton of people who own them. That is why you should always ask your car dealer about the car gap.
The car gap is a problem because it allows cars to be so cheap and popular that buyers don’t realize their car is no good for them at all. This happens because there are so many cars, that buyers find themselves buying cars so they can get a license and buy more cars. In the end, the car gap results in sales plummeting, and in many cases, the car buyer is unable to get a license to purchase another car.