5 Cars The Middle-Class Should Avoid Unless They Love Debt More Than Driving

These flashy vehicles look tempting, but their price tags will give your wallet a heart attack.

Jesse

• Published in Interesting
• October 10, 2024

It’s no secret that cars are more than just a means to get from point A to point B—they’re a statement, a lifestyle choice, and, let’s be honest, sometimes a financial black hole.

Picture this: you're cruising down the highway in your sleek new car, the sun setting behind you, windows down, wind in your hair. It sounds like a dream—until you get home, check your bank account, and realize you’re going to be paying off that "luxury" experience well into the next decade. 

With the pressure of keeping up appearances and the allure of shiny new rides, it's easy to fall into the trap of buying something way out of budget, especially for middle-class earners.

Well, inflation is tightening its grip and the prices of everything from groceries to gas are soaring. So, the thought of spending over $40,000 on a vehicle seems as impractical as buying a yacht to cross the kiddie pool.

But hey, we all want to drive something we’re proud of. The real challenge? Finding that sweet spot between getting a reliable, good-looking car without drowning in debt. 

If you’re part of the middle-class squad, it’s crucial to know what cars to steer clear of—no pun intended. The goal is to drive away in something that doesn’t leave your wallet gasping for breath. 

So, before you sign on the dotted line, here are five cars that you should seriously reconsider if you’re trying to keep your finances afloat.

1. Mazda CX-70 (Starting at $41,900)

Mazda’s CX-70 is a handsome hybrid that promises plenty of room and thoughtful design. However, the lack of a fully electric model and a starting price over $40k makes it a questionable choice for those watching their spending.

2. Audi A5 (Starting at $47,295): Luxury on a budget? Not with this nearly $50k status symbol that barely fits your groceries.

Yes, Audi's A5 is a stunner and a joy to drive, but its small cargo space and hefty price tag make it a luxury that most middle-class budgets can’t justify. Chic? Yes. Practical for the everyday family? Not so much.

3. Dodge Charger Daytona EV: At $61,590, your wallet might need a jumpstart.

Who wouldn’t want an electric muscle car? It’s like having your cake and eating it too—until you see the price. The Charger Daytona EV blends muscle car attitude with EV tech.

But at $61K, you might have to reconsider the “saving the environment” bit if it means burning a hole in your budget.

4. Tesla Model S Plaid: This $70k thrill ride is a fast track to an empty bank account

Tesla’s futuristic features and green credentials can be tempting, but at $70K, the Model S Plaid might have you considering a second job just to cover the monthly payments. Not to mention, the insurance alone could fund your next vacation. Best to leave this one for Elon’s fan club.

5. Cadillac Escalade: Escalade your way to debt with a steep starting price of over $85k? The choice is yours.

Need space for the whole family? Sure, the Cadillac Escalade is a roomy behemoth. But at over $85,000, the Escalade is practically begging you to blow your budget. 

Add insurance and maintenance, and you’re looking at a bill that could easily top six figures. That’s one long trip to financial regret.

While these cars may turn heads, they’ll also turn your bank account upside down. Stick to something that fits your budget, and save the luxury splurge for when you have something extra cash lying around—lots of it.

Jesse