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High End Luxury Cars

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  • I've been to busy pedaling my liberal agenda to ever track down my sign. July 5, what's that make me Dman?
  • deweydewey Posts: 5,243
    HELCS are associated with affluence? Think again.

    "The Millionaire Next Door" has been written ten years ago and here is an update about which car brand is Numero Uno among millionaires.

    They don't drive away wealth. The No. 1 make of car owned by millionaires in 1996 was Ford. Today, it's Toyota, according to Stanley's new study. Luxury brands do not top the list, and many millionaires, 37 percent in 1996, bought used cars.

    "There's certainly something about buying used cars," Stanley said. "Today, they're a little more likely to buy new cars. But what they'll do is buy a $22,000 Toyota and keep it a long time."


    2) And how do BMWs rank among millionaires? In fact what is written below is relevant to not only BMWs but HELCs in general:

    Stanley's research shows high-priced cars seem to be wealth-repellant.

    "What's interesting about spending is that everybody thinks all the millionaires in America have BMWs. Even among the highest income levels, about 60 or 70 percent have never owned a BMW," he said. "I think BMW is a great car. I'm a car guy. But I won't buy one because there is a relationship between wealth and how much people spend for cars. There's no doubt about it. It's a significant relationship."

    They don't care about the Joneses. "In a lot of the surveys we've done, you find people making 200 grand a year, which is in the top 2 percent of American households, and they're not happy," Stanley said. "Those are the people who are living in neighborhoods where the median income is $300,000. That's the problem. I don't think people really understand that. The people who try to keep up with the Joneses and ahead of the Smiths, well, they are the Smiths. They don't get it."


    SOURCE: COURANT
  • deweydewey Posts: 5,243
    I've been to busy pedaling my liberal agenda to ever track down my sign. July 5, what's that make me Dman?

    Dont worry on this side of the border all liberals wear their beliefs like a badge of honour.
  • designmandesignman Posts: 2,129
    July 5, what's that make me Dman?

    Which sign? Uh-h... Merging Traffic?

    I can assure everyone I will not be going into the Astrology business. ;-)
  • designmandesignman Posts: 2,129
    Interesting. I know several people who who are always Jonesin. One guy knocks out 1.5 mil a year and his wife is always moaning about people in his company who do 3... stock market.

    Here check this one out. When you look at global wealth I think many of us should consider ourselves very fortunate.

    …assets of just $2,200 per adult place a household in the top half of the world's wealthiest. To be among the richest 10% of adults in the world, just $61,000 in assets is needed. If you have more than $500,000, you're part of the richest 1%...

    Global Study on Wealth
  • deweydewey Posts: 5,243
    Wow now I feel really rich. Well at least for a few minutes.

    Now if only I bought a used Toyota instead of a BMW I would be even richer :(
  • hpowdershpowders Posts: 4,269
    "People in the top 2 percent... and they're not happy."

    Yeah. It's the same old story.

    Who said money and happiness correlate positively?
    My son-in-law makes 10 mil a year and always looks miserable.
    How many of the mega-buck show business types are walking train wrecks?

    Lucky are the folks who glow from within.
  • tagmantagman Malibu, CaliforniaPosts: 8,441
    D-man,
    Sorry to take so long to get back to you on this... but, like merc, I am also an Aquarius.
    TagMan
  • tagmantagman Malibu, CaliforniaPosts: 8,441
    I'm leaving with the family 4am Wednesday morning, and I'm busy with last minute stuff. Yes, this year it's Christmas with the in-laws and the wife's relatives. Pray for me.

    Anyway, if I can sneak a post in now and then I will. Otherwise I'll visit back shortly after the New Year.

    So... in that case, it's Merry Christmas, Happy Holidays, and Happy New Year from TagMan to ALL of you good folks here at the HELC(M) forum... hosts included.

    Hope 2007 is good for all of us, and I know I'll be more careful with my driving from now on since my astrological sign might be prone to speeding. So THAT explains it.

    God bless to all and your families, too.

    TagMan
  • Prayers being administered for a pleasant visit. (Hint: Eggnog, heavy on the bourbon, helps some.) Fingers crossed for safe travel. (Should we install a speed governor on your shoe?) And a happy holidays to you and your family. :)

    And speaking of inlaws, I came across this joke.

    Q: What is the definition of mixed emotions?

    A: Watching your in-laws go off a cliff
    in your new (insert your preferred HELC here).

    Karen-Edmunds Community Manager

  • laurasdadalaurasdada Posts: 2,493
    My brother makes 7 figures/year, show-biz. His pride and joy "New" car? 1986 Chrysler Lebaron (and not restored, nor the TC Maserati by Chrysler) convertible. Replaced his beloved '72 Buick Skylark junker. Clothing? If you saw him you may just give him a hand out. And he's pretty darn happy. His wife? Land Rover LR3 and EVERYTHING she touches (and I mean EVERYTHING) has a Euro-designer label.

    Me & the Mrs? Acura and Lexus. So no BMW. Soon, maybe I'll be the Millionaire Next Door? Nah, probably buy a Bimmer first... :blush:

    '13 Jaguar XF, '11 BMW 535xi, '02 Lexus RX300

  • sysweisyswei Posts: 1,804
    source WSJ

    Jane David calls the white, leased Jaguar S-Type luxury sedan she received Friday from her husband, Larry, a New York stockbroker, the "best Hanukkah present I've ever gotten."

    But the surprise didn't play out exactly the way it does in car makers' holiday television ads.

    Mrs. David's doorman phoned to say she had a "heavy package" waiting outside her Upper East Side apartment building, she put off going down to get it. Meanwhile, Mr. David had double-parked the car in front of the lobby. By the time Mrs. David arrived, police had hit him with a $115 ticket....

    Many dealers say at least one or two of their customers every December wants to surprise a significant other with a new set of wheels.

    Perhaps no one pushes holiday car-gifting more than Lexus. For the eighth year, it is running TV ads that play on the theme....

    Such scenes don't just happen on television. Lexus sends two red bows to each of its 222 dealers nationwide during the annual "December to Remember" promotion, a spokesman says. Last year, Lexus sent 550 extra bows in response to orders for more. A survey of metro Lexus dealers across the U.S. last December showed that about 10% of sales were for a gift, though it didn't specify how many were surprises.

    Lynn Lipman, 52, got a surprise when she dropped off her Lexus RX SUV for maintenance at her local dealership last December. The salesman handed her keys to a new Lexus GS 300 sedan -- a gift from her husband. He had noticed she kept eyeing the car at the Southfield, Mich., showroom. Still, she went through a range of emotions common to unprepared recipients of cars. At first, disbelief, then anger -- "I'm sure I said a few things you can't write," she says -- then joy....

    It is wise to let dealers know if a car will be a gift, as many dealers say they will do exchanges if the recipient doesn't like the color or a particular feature.

    "We wouldn't let it happen several weeks later and thousands of miles later," says Molly Padovini, general manager of a Jaguar dealership in Troy, Mich. "But if the customer received a gift and was not happy with it, we would do whatever we could to make the customer happy."

    Before the magic moment, many dealers say they will go out of their way to help pull off the surprise -- communicating about the order in secret, delivering the vehicle to a chosen spot, providing the iconic oversize bow.

    Chuck Vangorden, the general manager of Meade Lexus in Southfield, Mich., once had an RX SUV delivered to the valet at Tribute, an upscale restaurant near Detroit, for a customer who wanted to surprise his wife. "He took her there for dinner, she walked out and we had it sitting there," Mr. Vangorden says. As the customer later described it, he says, "She goes: 'I always wanted one like that,' and the valet said, 'It's yours.' "

  • deweydewey Posts: 5,243
    LOL!

    Until now I always felt safe during in-law gatherings.
    Thanks for the warning about being driven by an in-law. I will make sure I wear a helmet next time. ;)
  • hpowdershpowders Posts: 4,269
    I believe the truly rich don't have to flaunt it.
    If you saw Bill Gates walking down the street, he looks like he just stepped out of an LL Bean Catalog.
  • deweydewey Posts: 5,243
    Lucky are the folks who glow from within.

    True but you forgot only one thing?

    Luckier are the folks who glow from within and own a BMW 545i ;)
  • hpowdershpowders Posts: 4,269
    Yes. I am positively glowing.... or could it be because my wife is away for 11 days visiting relatives? :)

    Hope your 335i sedan is all you expected and more.

    Best holiday wishes to all lovers of the great German HEL and LP vehicles.
    2007 should be another great sales year for these incomparable vehicles. :shades:
  • deweydewey Posts: 5,243
    Thanks it is doing just fine.

    Anyways here is a potential vehicle that the Millionaire Next Door would never be interested in. And if the Billionaire Next Door is not interested in this SUV then I wonder who the hell would buy this thing :confuse:

    A Lambo SUV likely to be powered by a Gallardo V10 or a V12 engine ?

    SOURCE: Lambo SUV

    image

    image
  • hpowdershpowders Posts: 4,269
    I'm eagerly waiting for the hybrid version. That should bring the mileage up to about 8 mpg. :shades:
  • sysweisyswei Posts: 1,804
    If anyone is shopping for a xmas gift:

    link title
  • merc1merc1 Posts: 6,081
    Well Dewey it looks like Mercedes is going to show some sort of concept tomorrow. Is it really going to be a S-Class convertible? Oh god I hope not.

    M
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