porsches high earners -survey
porsches high earners -survey
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Discussion

tali1

Original Poster:

5,286 posts

232 months

Saturday 8th September 2007
quotequote all
Porsches are the faves amongst high earners , although there are some surprises in the list.Would have expected BMW and Mercedes to be ahead.
http://www.webwombat.com.au/motoring/news_reports/...

ADDLED

149 posts

233 months

Saturday 8th September 2007
quotequote all
No surprise to see BMW lagging. Without being overly critical, they make great cars but they are a mass-market manufacturer and are ordinary to anyone with the income to choose what they drive.

crisisjez

9,209 posts

236 months

Saturday 8th September 2007
quotequote all
Having done a couple of Vmax days have to say I have a healthy respect for the engineering genius of Porsche.

What an awesome car off the line.

Bit of an oddball high earner as I drive no 5 on the last choice list.
Yep a Vauxhall.

(ok it is a 6.0L V8 supercharged 660bhp one though)

br d

9,072 posts

257 months

Saturday 8th September 2007
quotequote all
ADDLED said:
No surprise to see BMW lagging. Without being overly critical, they make great cars but they are a mass-market manufacturer and are ordinary to anyone with the income to choose what they drive.
That's pretty relative though. You could replace 'BMW' in your post with 'Ford' or 'Porsche' and it would still hold.

brad

djohnson

3,687 posts

254 months

Sunday 9th September 2007
quotequote all
£43k is not really a high earner.

Asterix

24,438 posts

259 months

Sunday 9th September 2007
quotequote all
djohnson said:
£43k is not really a high earner.
I was going to add that as well. What it is not saying are the models of each Marque - I'm sure that would be more indicative.

steve996

1,240 posts

246 months

Sunday 9th September 2007
quotequote all
djohnson said:
£43k is not really a high earner.
I would agree that it isn't but for a reality check we should remember that it is 20K above the average UK income (23K in 2006).


Silver993tt

9,064 posts

270 months

Sunday 9th September 2007
quotequote all
£43k is ALOT of money for most of the working population in the UK. I know quite a few people in their late 20's early 30's who are earning around £25k and would love to earn £30k let alone £43k.

The so called 'booming' UK economy is only visible for the top few % of the population. Many of the new jobs created in the UK over the last 10 years are low paid and insecure in the service industry. This is what creates alot of the crime in the UK, the huge difference between the people who have and those who don't have.

On the contrary somewhere like Germany has wealth much more evenly distributed and as a result crime is much lower than the UK. Personally, I've always felt much safer in any German city that any in the UK and the quality of life for the majority of the population is outstanding compared to that of the UK.

Still, I suppose it all depends on what the governments want really. In the UK they support an environment where individuals get bonuses in the £millions whilst in Germany for example, society doesn't see that as important. They have other things to keep them happy such as a generally healthier environment which is supported by a much stronger community spirit.

Edited by Silver993tt on Sunday 9th September 17:04

ADDLED

149 posts

233 months

Monday 10th September 2007
quotequote all
br d said:
ADDLED said:
No surprise to see BMW lagging. Without being overly critical, they make great cars but they are a mass-market manufacturer and are ordinary to anyone with the income to choose what they drive.
Sorry Brad I think you may have missed my point; the original post concerned faves amongst high earners. My point was that they arent as exclusive as Porsche as they cater to the mass market, with cars from 15k upwards (lower if you count the mini) that most people with a reasonable job can afford. They used to be quite exclusive but now they are as common as Mondeos and Vectras.

br d said:
[That's pretty relative though. You could replace 'BMW' in your post with 'Ford' or 'Porsche' and it would still hold. brad
Just my very HO, but I dont think thats true; Porsche arent ordinary, as per the point of the original post was that they are being chosen above other vehicles by high earners. When I told the BMW service manager that I was selling the beemer for a 911 he laughed and said they were boring and I should get an M3. Didnt take his kindly advice and, the thing is, Im the one who still has a smile on his face.

Dr S

5,161 posts

257 months

Monday 10th September 2007
quotequote all
I'm more intrigued by the 7th position for Jeep. Who would want one of these?

Deutscher

1,430 posts

250 months

Monday 10th September 2007
quotequote all
Dr S said:
I'm more intrigued by the 7th position for Jeep. Who would want one of these?
It'll be the wife's school run car.

garyjones1962

402 posts

242 months

Monday 10th September 2007
quotequote all
steve996 said:
djohnson said:
£43k is not really a high earner.
I would agree that it isn't but for a reality check we should remember that it is 20K above the average UK income (23K in 2006).
£43K and above probably (roughly) equates to the top 10%

Dr S

5,161 posts

257 months

Monday 10th September 2007
quotequote all
Deutscher said:
Dr S said:
I'm more intrigued by the 7th position for Jeep. Who would want one of these?
It'll be the wife's school run car.
That would be a Cayenne, X5 or Rangie then. But a Jeep?

Deutscher

1,430 posts

250 months

Monday 10th September 2007
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The Grand Cherokee is a fave with bankers' wives who think that Porsche and BMW are nouveau riche.

911fan

438 posts

291 months

Monday 10th September 2007
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......I couldn't help but now-tice that I'm considerably ritch-er than yow!

kayc

4,492 posts

252 months

Monday 10th September 2007
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I reckon they mean £43k a month..that sounds more realistic to be called a high earner!

anonymous-user

85 months

Monday 10th September 2007
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"extrapolated from data gathered by some 2.7 million online quotes, " - in other words we made it up as a lame bit of cheap publicity. when was the last time you gave earnings on an insurance form? total bo11ocks

tali1

Original Poster:

5,286 posts

232 months

Monday 10th September 2007
quotequote all
Puzzled as to how a mini is a car high earners are unlikely to own
Not truly convinced by this survey

edinandrew

209 posts

234 months

Monday 10th September 2007
quotequote all
£43k is not really a lot of money in today's Britain.
So Gross = approx £3300, Net = approx £2300

You can't really buy a home for less than £200k unless you live in the middle of nowhere (or Hull) so there's the best part of a grand net income gone on home costs.

£1300 left but with other bills and living/entertainment costs you don't really have that much left to pay for a Porsche and that assumes you live hand to mouth every month.

Interest rates are going up and a huge number of these £43k earners are going to get a massive shock come re-mortgage so sorry 993TT - £43k doesn't really go that far.

Admittedly it doesn't say what kind of Porsches these people own and £43k is the lowest amount but it should have been set slightly higher to get a true sample of "high earners"

This country is too expensive!!!!!!!

B15TT0

1,204 posts

273 months

Tuesday 11th September 2007
quotequote all
Shock news just in....

"Expensive cars are more likely to be bought by wealthier people" said a recent survey conducted by Leeds university.