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It’s a state of mind. The CEO of the fortune 100 company drove a 12 yr old
Car. I worked the guy in the late 1980s-mid 1990s when he had his ancient Accord as an executive vp until he was promoted to CEO and had full-time security and only limos. It’s not that he’s a skin flint. He’s donated more than $600,000,000 to his undergrad and grad schools.
** Edited by Va AandM at 6/14/2026, 6:03:15 PM
Thread Replies (14)
Why The Millionaire Next Door Drives A Used Car
-- EDGEMAN
Jun 14, 2026 at 02:59 PM ET
EDGEMAN
•
06/14/26 02:59 PM ET
I drive a 2015 VW Passat diesel with 140,000 miles on it. I will keep it
-- Galenahokie
Jun 15, 2026 at 08:17 AM ET
Galenahokie
•
06/15/26 08:17 AM ET
On the down side, you'll have to pay a lot in taxes on your investments...
-- EDGEMAN
Jun 15, 2026 at 08:24 AM ET
EDGEMAN
•
06/15/26 08:24 AM ET
Almost all my investments are in our retirement accounts, so the taxes are
-- Galenahokie
Jun 15, 2026 at 03:33 PM ET
Galenahokie
•
06/15/26 03:33 PM ET
I drive a 2015 Hyundai Sonata
-- OrlandoHokie
Jun 14, 2026 at 06:57 PM ET
OrlandoHokie
•
06/14/26 06:57 PM ET
Had the same Silverado from 2003 to 2025. Honorably retired it last year
-- RoswellGAHokie
Jun 14, 2026 at 08:19 PM ET
RoswellGAHokie
•
06/14/26 08:19 PM ET
Which is why I drive a 2015 Lexus GX 460
-- Spudnut
Jun 14, 2026 at 06:55 PM ET
Spudnut
•
06/14/26 06:55 PM ET
Unlike the current twin turbo V6.
-- EDGEMAN
Jun 14, 2026 at 07:26 PM ET
EDGEMAN
•
06/14/26 07:26 PM ET
So you’re telling me I should ask for my $75M back?**
-- HwoodHokie
Jun 14, 2026 at 06:55 PM ET
HwoodHokie
•
06/14/26 06:55 PM ET
It’s a state of mind. The CEO of the fortune 100 company drove a 12 yr old
◄
-- Va AandM
Jun 14, 2026 at 06:01 PM ET
Va AandM
•
06/14/26 06:01 PM ET
Put real money in your 401k, kids. **
-- RoswellGAHokie
Jun 14, 2026 at 05:29 PM ET
RoswellGAHokie
•
06/14/26 05:29 PM ET
The millionaires I know buy a new car once every 5 or 6 years and pay cash.
-- Hokie CPA
Jun 14, 2026 at 04:53 PM ET
Hokie CPA
•
06/14/26 04:53 PM ET