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Old 01-07-2013, 08:02 PM
 
Location: Mequon, WI
8,289 posts, read 23,117,756 times
Reputation: 5689

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USA TODAY survey of 90 CEOs found 13% drive a BMW, 12% a Mercedes and 10% a Toyota.

The average price CEOs paid for their primary vehicles was less than $25,000 and more than one in four CEOs (26%) paid less than $20,000 for his or her vehicle. "That was surprising," Nolan says. "You would think it would be much more."

almost one in five (19%) did drive luxury vehicles. But they were far outnumbered by those who drove passenger cars (29%), SUVs (24%), pickup trucks (13%), vans and minivans (9%) and sports cars (6%).


Think you know what cars CEOs drive? - NY Daily News

What your CEO drives says a lot - USATODAY.com
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Old 01-07-2013, 08:08 PM
 
Location: Wappingers Falls, NY
1,618 posts, read 2,625,940 times
Reputation: 1098
Quote:
Originally Posted by Milwaukee City View Post
USA TODAY survey of 90 CEOs found 13% drive a BMW, 12% a Mercedes and 10% a Toyota.

The average price CEOs paid for their primary vehicles was less than $25,000 and more than one in four CEOs (26%) paid less than $20,000 for his or her vehicle. "That was surprising," Nolan says. "You would think it would be much more."

almost one in five (19%) did drive luxury vehicles. But they were far outnumbered by those who drove passenger cars (29%), SUVs (24%), pickup trucks (13%), vans and minivans (9%) and sports cars (6%).


Think you know what cars CEOs drive? - NY Daily News

What your CEO drives says a lot - USATODAY.com
They obviously didn't survey the execs in my company.

In fairness we're an automotive oriented company, and thereby loaded with both enthusiasts and wannabe enthusiasts.
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Old 01-07-2013, 08:48 PM
 
Location: Rio Rancho, New Mexico
307 posts, read 685,319 times
Reputation: 292
The company i work for gives out company cars and fuel card. So they don't have to spend money on car payments or fuel. They just bank the coin they save. That's how the rich gets richer.
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Old 01-07-2013, 09:06 PM
 
Location: Metro Phoenix
11,039 posts, read 16,868,976 times
Reputation: 12950
The people around me drive everything from Ferrari 599's and Rolls dropheads all the way down to Honda Civics and Chevy Malibus. Tons and tons of Mercedes and BMW sedans and SUV's, though... those are probably the median-point vehicles.

Also, you'll see a lot of households where the patriarch, who makes all the money and is probably more of a "numbers guy" than an ostenacious wealth-guy, is driving a Camry or an Accord, but their total-babe, pilates-butt/yoga pants/gold watch/huge-sunglasses wife has a Mercedes G-class or an Aston or something like that. Happy wife = happy life, as they say
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Old 01-07-2013, 09:31 PM
 
Location: Kansas City, MO
3,565 posts, read 7,982,574 times
Reputation: 2605
Quote:
Originally Posted by 415_s2k View Post
Also, you'll see a lot of households where the patriarch, who makes all the money and is probably more of a "numbers guy" than an ostenacious wealth-guy, is driving a Camry or an Accord, but their total-babe, pilates-butt/yoga pants/gold watch/huge-sunglasses wife has a Mercedes G-class or an Aston or something like that. Happy wife = happy life, as they say
Those guys you describe know what counts! Your description of their women almost sounds pornographic to me. I wonder if their are porn sites that feature such women.
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Old 01-07-2013, 09:38 PM
 
Location: Indiana Uplands
26,428 posts, read 46,599,435 times
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Many wealthy people don't drive expensive cars since cars are a depreciating asset unlike many other high quality investments. It is the new money syndrome people that buy the expensive cars or some that are willing to just spend big money for a few more luxury features.
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Old 01-07-2013, 09:47 PM
 
Location: Kansas City, MO
3,565 posts, read 7,982,574 times
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Quote:
Originally Posted by GraniteStater View Post
Many wealthy people don't drive expensive cars since cars are a depreciating asset unlike many other high quality investments. It is the new money syndrome people that buy the expensive cars or some that are willing to just spend big money for a few more luxury features.
I'd argue what you describe is a middle class syndrome and it just goes into overdrive when they come into money. I'm also thinking some wealthy may avoid cars that are associated with middle class ostentatiousness. Perhaps that's partly why Subaru, Saab, and Volvo are popular.

Last edited by MOKAN; 01-07-2013 at 09:55 PM..
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Old 01-07-2013, 10:17 PM
 
Location: Indiana Uplands
26,428 posts, read 46,599,435 times
Reputation: 19574
Quote:
Originally Posted by MOKAN View Post
I'd argue what you describe is a middle class syndrome and it just goes into overdrive when they come into money. I'm also thinking some wealthy may avoid cars that are associated with middle class ostentatiousness. Perhaps that's partly why Subaru, Saab, and Volvo are popular.
Subaru and Volvo are safe conservative vehicles. I don't see how they are "ostentatious" at all. In fact, the used Subaru I picked up was more affordable than the Toyota and Honda cars I was looking at. Saab is now discontinued, newer Volvos have become expensive to repair, so that leaves Subaru as the winner based on the three you mentioned.
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Old 01-07-2013, 11:57 PM
 
Location: Metro Phoenix
11,039 posts, read 16,868,976 times
Reputation: 12950
Quote:
Originally Posted by MOKAN View Post
Those guys you describe know what counts! Your description of their women almost sounds pornographic to me. I wonder if their are porn sites that feature such women.
I think that's probably how most of these guys met them

Quote:
Originally Posted by GraniteStater
Subaru and Volvo are safe conservative vehicles. I don't see how they are "ostentatious" at all. In fact, the used Subaru I picked up was more affordable than the Toyota and Honda cars I was looking at. Saab is now discontinued, newer Volvos have become expensive to repair, so that leaves Subaru as the winner based on the three you mentioned.
^ no joke. A few days ago, I was looking on Craigslist and was amazed at how inexpensive used Legacies were. Then, I went to the Subaru page, and saw that they started at just over $20k, $2k less than base price for a Camry, and the Scoob's price includes AWD. If I was in the market for a midsized sedan, I'd definitely got for the AWD, 6-speed manual option.
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Old 01-08-2013, 12:04 AM
 
382 posts, read 804,487 times
Reputation: 272
Middle-class people or lower drive nicer cars than wealthy people.
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