Quote:
Originally Posted by shmike
Yeah, I didn't see that until you pointed it out.
It says "with a new car value of $45k". Does that mean that these "middle classers" are driving two cars that could be replaced new for @ $22k each?
Most middle class people I know have at least one car that is over $35k new and I don't know of many $10k cars to be had.
Fuzzy writing. Either way I think the general consesus is that your typical American household spends too much ans saves too little. 
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I think quoting the new car value is misleading.