Can owning a nice car be bad for business?

Can owning a nice car be bad for business?

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Discussion

Thin White Duke

Original Poster:

2,339 posts

161 months

Wednesday 15th January 2014
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I'm sure that most if not all petrol heads purchase the car they desire and do not care what others will think of it.

However I do read sometimes and hear first hand from people who have decided to avoid buying a certain car due to how it may be perceived.

I knew of a local builder who back in the 90's bought a Porsche. It was second hand, probably the equivalent of spending £20,000 on one today. He was convinced that he lost trade because of it.

Has anyone here encountered the same situation or been put off buying a nice car because you fear that customers may feel they are paying for the upkeep of said vehicle? Or they may feel that you are rolling in it and may not really need the business?

I'm sure of course there is an opposite to this in which some businesses need to prove themselves to certain clients by having nice cars on hand.




AndyBrew

2,774 posts

220 months

Wednesday 15th January 2014
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yes without doubt, you need something understated and grey.

BFG TERRANO

2,172 posts

149 months

Wednesday 15th January 2014
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Yes. A very wealthy business owner we do a lot of business with leaves his range rover, TVR, and Ferrari California at home and uses a 58 plate Mondeo purely for work visits. His customers and employees don't approve of the high end motors.

SEE YA

3,522 posts

246 months

Wednesday 15th January 2014
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I know most people see a Porsche on the driveway etc, up goes their quote for a job maybe?

EricE

1,945 posts

130 months

Wednesday 15th January 2014
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I definitely think so. Thank go for debadged and relatively "stealthy" cars like the M135i or S4 in resale grey.

(I would much rather drive a used 997.2 daily, but I don’t think I could enjoy it)

Edited by EricE on Wednesday 15th January 20:08

Buster73

5,077 posts

154 months

Wednesday 15th January 2014
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I don't use my Porsche 911 for anything connected with my business , it always stays locked in the garage when anyone comes round home for quotes or estimates.

It can leave the wrong impression with some folk unfortunately .

Alfahorn

7,771 posts

209 months

Wednesday 15th January 2014
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It doesn't bother me. People who are fortunate enough to own some of these cars have earnt the right, it's not happened by accident. I don't necessarily think it's bad for business to turn up at a business appointment in a prestige car.

BlackLabel

13,251 posts

124 months

Wednesday 15th January 2014
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Yes - have seen it happen many times.

Mr Leigh

13 posts

208 months

Wednesday 15th January 2014
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As a business owner we could run some really flash pool cars, however we don't as we do not want to give the impression we are not looking after our overheads, thus ensuring we can give our customers the best price.

It is sad, but people form opinions, even subconsciously, and you need all the advantages you can have to ensure you win that business/contract.

It's strange, but when working in Germany there seems to be an expectation that you are successful if you have a nice car.

My best advice really mirrors what you see above, choose a colour that is not to in your face, saloon or even better estates are much better than coupes.

Some industries might allow you to buck the trend a little of course, and if your day to day customer is driving a Porsche 911, they are less likely to be bothered by your M3! It might even be a shared interest. However if the business owner has a 911, but the buyer has a Prius, your back to square one.


Steffan

10,362 posts

229 months

Wednesday 15th January 2014
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Buster73 said:
I don't use my Porsche 911 for anything connected with my business , it always stays locked in the garage when anyone comes round home for quotes or estimates.

It can leave the wrong impression with some folk unfortunately .
Being a retired Chartered Accountant I know many former colleagues still practicing. Not one of them drives the weekend cars (Rolls/Bentley/Porsche etc) anywhere near their clients at any time. Invariably they run Audi's, Old BMW Seven Series or Volvos during the week. They never flaunt any sign of personal wealth in front of clients. Wisely in my view. It is very easy to offend unintentionally.

flatso

1,243 posts

130 months

Wednesday 15th January 2014
quotequote all
Not only for customers can it send the wrong signal, but for employees/co-workers it is most unwise to flash the cash. In Germany it may be still "expected" to drive a certain badge, in Switzerland however understatement is deeply entrenched in the culture.

TREMAiNE

3,918 posts

150 months

Wednesday 15th January 2014
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My dad keeps his personal car private. Even his employees are unaware that he he has a second car.

SuperHangOn

3,486 posts

154 months

Wednesday 15th January 2014
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Yes. Recently had a window salesman rock up in a last gen SL. Now I know he probably bought it on ebay for £3000 and he could well post in the bargain barge thread for all I know. It looked well dodgy/flash harry (... went with them and they did a good job FWIW).

Something like a modern Avensis has a trustworthy look. Presentable but unpretentious, shows you're most interested in reliability.


theboss

6,932 posts

220 months

Wednesday 15th January 2014
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Stereotypes can be just as bad as perceived value. A client of mine has several private parking spaces in a busy Central London spot, which I've used on many occasions with their consent. I had to cringe once when once of the directors walked in and said he'd just had trouble parking because "some tt had parked a fking great big black BMW in the other space". "Er, yes, that would be me!" (it was a 'dealer spec' black E65 with tinted rear windows and oversized wheels)

Thin White Duke

Original Poster:

2,339 posts

161 months

Wednesday 15th January 2014
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I've always found this car psychology stuff interesting. Like people who park next to another car on an otherwise empty car park.

Regarding the builder with the Porsche, he used it as his everyday car aside from his work van. Probably if he'd garaged it and only used it at weekends he might not have had a problem.

2 sMoKiN bArReLs

30,274 posts

236 months

Wednesday 15th January 2014
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When my new TVR was my company car I always took my old Golf when visiting unknown clients.


cologne2792

2,129 posts

127 months

Wednesday 15th January 2014
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We have to remember that non-Petrol Heads perceptions are inherently stupid - spend £20+ grand on a Mondeo, 3 series or A4 and all is well but spend considerably less on a 996 and await the lecture on the evils of materialism...

9mm

3,128 posts

211 months

Wednesday 15th January 2014
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I'd see any negative perceptions about the car I'm driving to be a good indication that these are unlikely to be the kind of people I'd want to do business with. What else should I do to pass this mysterious test, claim I live in tent and take holidays in Skegness? By the same token, I couldn't care less what someone quoting me drives. A price is a price regardless.

Hark

592 posts

181 months

Wednesday 15th January 2014
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A plumber I know through a car forum as a Audi TTS, beautiful nick, hardly drives the thing tbh. (Appreciate not Ferrari etc but the point about perceived wealth is the same).

His van broke down once and so he took the TT Convertible with assorted plumbing parts etc on the job instead. He got asked by the client "What kind of plumber drives a car like that?!"

"A good one," he replied. lol

shovelheadrob

1,564 posts

172 months

Wednesday 15th January 2014
quotequote all
I work in the agricultural industry, it's OK to have a smart 4x4 as long as it's not smarter than the customer's.