The Core

Why We Are Here => Water Cooler => Topic started by: rcjordan on March 03, 2017, 01:48:54 PM

Title: Americans Earning Over $200,000 a Year Prefer This Vehicle
Post by: rcjordan on March 03, 2017, 01:48:54 PM
http://www.nbcnews.com/business/autos/americans-earning-over-200-000-year-prefer-vehicle-n728576

I'll add that, based on assorted anecdotal info, as income goes above 200k the vehicle-of-choice tends to devolve into what could best be described as "beater class."  I've posted before about a coffee klatch at a local greasy spoon where the collective net worth of the table occupants would exceed $1B. Outside, the collective value of their vehicles (all pick-ups, btw) would be a stretch at $150k.
Title: Re: Americans Earning Over $200,000 a Year Prefer This Vehicle
Post by: buckworks on March 03, 2017, 03:15:21 PM
Smart money knows that depreciating assets like fancy vehicles aren't a productive place to allocate resources.

These men understand that you have a better chance to actually become rich if you stop worrying about whether you look rich.

Added: we own a Ford F-150 and have owned several over the years. Way back when we even went on our honeymoon in a borrowed F-150!
Title: Re: Americans Earning Over $200,000 a Year Prefer This Vehicle
Post by: rcjordan on March 03, 2017, 03:46:56 PM
The wealthy around here do tend to keep an Escalade for Sundays.

ID this guy in his daily wheels
Title: Re: Americans Earning Over $200,000 a Year Prefer This Vehicle
Post by: JasonD on March 03, 2017, 04:05:15 PM
Hasn't the F150 been the highest selling car of all time in the US?

If so, isn't it likely that it would naturally have high percentage of people earning well, as well as those who earn less too?
Title: Re: Americans Earning Over $200,000 a Year Prefer This Vehicle
Post by: Drastic on March 03, 2017, 04:50:47 PM
Benz pickup on that link looks interesting!
Title: Re: Americans Earning Over $200,000 a Year Prefer This Vehicle
Post by: littleman on March 03, 2017, 05:45:39 PM
In the Bay Area & Silicon Valley most of the well-to-do are driving Tesla Model Ss these days.
Title: Re: Americans Earning Over $200,000 a Year Prefer This Vehicle
Post by: grnidone on March 03, 2017, 07:26:00 PM
>Hasn't the F150 been the highest selling car of all time in the US?

The F150 has earned it.  Farmers often drive F150's because you can put hard miles on them -- like towing a 5-ton combine header -- and they still last 300,000+ miles.