Status Symbol?
With regards to Insurance what is a status symbol? (Driver’s ED question)
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An expensive car. Luxury car, sports car…
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A car that serves no other purpose than to flaunt one’s affluence like having a Rolls Royce, McLaren F1, Lamborghini Diablo, Ferrarri F-50…cars like that. They get really low gas mileage and cost way more to purchase than average that is if the dealership will let you buy one.
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