[nradov]

Average new car price in the US is $37K. A $40K vehicle isn't a luxury car in any meaningful way.

https://finance.yahoo.com/news/average-car-prices-more-1-110...

These price levels do seem high relative to median income and many buyers are overextending themselves. But the market is what it is.

[ghettoimp]

It seems completely crazy.

I spent $18k on what I still regard as a really nice car a couple years back, and it felt like a completely over the top extravagance.

I can't imagine what would compel me to spend 37k on a car...