I'm probably out of touch because this came up 2X today. My wife said our friend's daughter has a new car and cost her parents $30k, so the mom had to get a second job and that's why we never see her anymore. I literally let out a, "WHAT??!!" Important here is 16 years old, $30k.
Then, my son goes to a birthday party, and the niece of the dad of the kid is looking for a car, so she shows the uncle and her grandma a used car she is interested in. By coincidence, it's $30k. The uncle goes, oh, that's way too many miles for $30k. The girl is 15. No clue what car it was.
I personally don't know what is going on, but I guess I don't feel a 30k car is needed for someone who is just getting their license. If that's out of touch, well, at least I acknowledge it. But I don't frankly understand these parents. While I'm not saying they need to look for cars in the $100's like I did when I was 3 years older than they are, but I am sure there are cars out there that are $3k or $5k.