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Car dealerships took advantage of market conditions, charging top dollar knowing that consumer demand would allow them to inflate prices. Comments from dealers during this time indicated a lack of concern for buyer well-being, referring to customers as "idiots" for willingly overpaying.
The Importance of Financial Awareness
It’s crucial now more than ever for consumers to budget sensibly and recognize their limits. The advice is clear: avoid purchasing luxury cars without foundational financial security, such as owning a home. The harsh lesson many are learning is that a luxury vehicle does not equate to success, especially when it comes at the cost of financial stability.