What happened to genuinely posh cars and their targets?

What happened to genuinely posh cars and their targets?

Author
Discussion

SWoll

10,776 posts

222 months

Sunday 4th April
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sasha320 said:
psi310398 said:
The poshest man I know - baronetcy dating from the late Stuarts, large Grade 1 listed hice in a posh county of which both his father and grandfather had been Lords Lieutenant, etc - drives around in a twenty-five year old Subaru held together with baling twine (as quite often are his corduroys). His wife has a BMW MINI runabout. His grandfather’s post war Bentley is in the coachhouse but hasn’t seen daylight for thirty years, less still run any distance.

I’d hate to think what he’d say if it were suggested that he get a modern Bentley or a Maybach. After all, he’d even rib me pretty mercilessly about my elderly and completely unexceptional FFRR.
This impression of pragmatic frugal behaviour is exactly what 3rd+ Inter-generational wealth want you to think.

The truth is that these people at the end of inter-generational wealth are largely cashless.

They are presenting the frugal approach as a higher order of intelligence and a way of life but in truth they are covering up for the fact that they don’t have the wit or motivation to create wealth at all. The vast majority are doing very well to not break up the trusts and sell all the assets.
yes

Still love a good sneer though, as described.

motco

13,821 posts

210 months

Sunday 4th April
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flashbang said:
Flumpo said:
Literally made me laugh! laugh
Smitten kitten at the finest.
He's a chum of the late ambassador - a.k.a. my old moggie!



161BMW

1,580 posts

129 months

Sunday 4th April
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Usually the newly rich love to buy flash cars to show everyone they have “arrived” even if it does belong to the finance company unless they have a large fortune and paid in cash.

161BMW

1,580 posts

129 months

Sunday 4th April
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RMDB9 said:
Money shouts, wealth whiskas.
It is true though.

Flumpo

2,333 posts

37 months

Sunday 4th April
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sosidge said:
Flumpo said:
I know a few people who have just got tesla cars and virtue signalling isn’t their motivation and doesn’t even come into it.

For them Tesla is sub zero cool and the must have brand and product. The fact the small model is very affordable on company car schemes means it’s spreading quickly.

It seems for some it’s the latest Apple phenomenon of must have thing.

Obviously this is only based on the small sample of people I have spoken to and won’t represent everyone. One person did tell me they are saving a fortune through tax and petrol, but again that wasn’t linked to virtue signalling.
You've basically described virtue signalling. It's the must have brand and product. i.e. people want to be seen in them. And why are Tesla's a must-have brand? Because they are "saving the world".
I don’t think you understand branding, marketing, human nature or even Tesla.

You will be saying people buy only 1 series because they are rwd next...

Deep Thought

28,684 posts

161 months

Sunday 4th April
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161BMW said:
Usually the newly rich love to buy flash cars to show everyone they have “arrived” even if it does belong to the finance company unless they have a large fortune and paid in cash.
161BMW said:
RMDB9 said:
Money shouts, wealth whiskas.
It is true though.
We're not talking about the "newly rich" though - we're talking about what do people drive now who previously would have driven Bentleys and V12 Jags etc back in the 60s and 70s. What do their equivalents chose to drive today?

And the wealth whispers thing always loops back round to citing some member of the aristocracy who drives some old stter, thus "proving" the point.

The seriously rich tend to spend money on nice cars, otherwise generally speaking - whats the point? You dont see the likes of Alan Sugar bumbling about in some 30 year old Volvo held together with bailer twine, because frankly - he doesnt have to.

And your typically Captain of Industry type is likely to have something like a top end Tesla or whatever for daily duties, probably with the odd Porsche or Ferrari in the garages at home.

And yes, somebody whos done ok for themselves might splash out on a Rangie with a windfall or on finance, but thats not really the league we're talking about.

psi310398

7,025 posts

167 months

Sunday 4th April
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Deep Thought said:
We're not talking about the "newly rich" though - we're talking about what do people drive now who previously would have driven Bentleys and V12 Jags etc back in the 60s and 70s. What do their equivalents chose to drive today?

And the wealth whispers thing always loops back round to citing some member of the aristocracy who drives some old stter, thus "proving" the point.

The seriously rich tend to spend money on nice cars, otherwise generally speaking - whats the point? You dont see the likes of Alan Sugar bumbling about in some 30 year old Volvo held together with bailer twine, because frankly - he doesnt have to.

And your typically Captain of Industry type is likely to have something like a top end Tesla or whatever for daily duties, probably with the odd Porsche or Ferrari in the garages at home.

And yes, somebody whos done ok for themselves might splash out on a Rangie with a windfall or on finance, but thats not really the league we're talking about.
Rich ain’t the same as posh.

But by his own account, my chap spends enough on racing horses as a hobby to suggest that he could easily run a top flight car if he cared to, but it’s clearly not his priority.

Deep Thought

28,684 posts

161 months

Sunday 4th April
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psi310398 said:
Rich ain’t the same as posh.

But by his own account, my chap spends enough on racing horses as a hobby to suggest that he could easily run a top flight car if he cared to, but it’s clearly not his priority.
Maybe he is the exception then. But the exception doesnt prove the rule.

Setting your chap aside as the exception then - if the aristocracy were the target for posh aristocracy 40-50 years ago, what has changed for them?

Have they suddenly - after several hundred years - found pleasure in frugality? Gone from V12 Jags and Rollers to 30 year old Volvos with bailer twine holding them together?

Edited by Deep Thought on Sunday 4th April 15:21

RMDB9

Original Poster:

1,711 posts

12 months

Sunday 4th April
quotequote all
The "posh", aka the not so newly rich, people who are not overly keen on displaying their financial wealth, often cash-poor but asset- and culture-rich, often shy away from cars which are overly flashy. Because their priorities lie elsewhere. Subaru/Volvo urban legends aside, their cars are often simply unassuming.

sleepera6

4,909 posts

61 months

Sunday 4th April
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RMDB9 said:
sleepera6 said:
RMDB9 said:
Maybach, Phantom, Mulsanne - are they really on the same level as, say, a MB W100 600, a Silver Shadow or a DS420 in the old days?
The Phantom is, not the Maybach or the Bentley
Ok but would a "dignitary", as opposed to a premier league footballer, a foreign oligarch or corner shop/scrap metal industrialist from north England, really drive a Phantom? Or the (nice) 7 series in a frock, Ghost?
Range Rover Autobiography, or an S Class. Understated

Deep Thought

28,684 posts

161 months

Sunday 4th April
quotequote all
RMDB9 said:
The "posh", aka the not so newly rich, people who are not overly keen on displaying their financial wealth, often cash-poor but asset- and culture-rich, often shy away from cars which are overly flashy. Because their priorities lie elsewhere. Subaru/Volvo urban legends aside, their cars are often simply unassuming.
Which brings us back round to - dont have a world of cash to spend on depreciating assets like cars. Have land which they dont want to / cant sell because they are family heritage going back generations, have houses with ruinous running costs that again they likley cant / dont want to sell, so dont spend cash they dont have on cars?

Is that "shying away" from anything overly flashy, or back to your own point that they are more-often cash poor?

RMDB9

Original Poster:

1,711 posts

12 months

Sunday 4th April
quotequote all
Deep Thought said:
Which brings us back round to - dont have a world of cash to spend on depreciating assets like cars. Have land which they dont want to / cant sell because they are family heritage going back generations, have houses with ruinous running costs that again they likley cant / dont want to sell, so dont spend cash they dont have on cars?

Is that "shying away" from anything overly flashy, or back to your own point that they are more-often cash poor?
Some are cash poor and have other priorities to spend their cash, some are cash rich but dont want to attract too much attention to them.

alec.e

1,680 posts

88 months

Sunday 4th April
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Around our way, there are quite a few very well off, elderely folk.

The weapon of choice, a knackered Subaru? No, 9/10 one of these, nearly always with a dateless plate:

Lester H

1,444 posts

69 months

Sunday 4th April
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The huge market for seriously posh stuff, especially saloons in China and no expense spared stuff in the Middle East has resulted in an upsurge of bling. The days of the quiet, understated British RR has gone, along with all those ultra respectable, less posh, yet still well heeled makes like Alvis, Armstrong Siddeley, Lea Francis, Daimler ,real Humbers Singers,Wolseley and old Rovers and, of course Bristol. Aston Martin seems to have steered clear of ostentation, though.

Edited by Lester H on Sunday 4th April 17:50

RMDB9

Original Poster:

1,711 posts

12 months

Sunday 4th April
quotequote all
While it is a great brand, I dont see AM in the same league/bracket as RR/B, Jag, Daimler etc.

Flumpo

2,333 posts

37 months

Sunday 4th April
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Lester H said:
The huge market for seriously posh stuff, especially saloons in China and no expense spared stuff in the Middle East has resulted in an upsurge of bling. The days of the quiet, understated British RR has gone, along with all those ultra respectable, less posh, yet still well heeled makes like Armstrong Siddeley, Lea Francis, Daimler ,real Humbers Singers and, of course Bristol. Aston Martin seems to have steered clear of ostentation, though.
Really? I can’t see lord and lady snoot sending one of these to collect miss marple for a lovely weekend of mystery.





Or someone announcing the delegation of Japanese royals have arrived.

Thankyou4calling

9,071 posts

137 months

Sunday 4th April
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RMDB9

Original Poster:

1,711 posts

12 months

Sunday 4th April
quotequote all
Can we now come back to the Daimler brochure please.

Lester H

1,444 posts

69 months

Sunday 4th April
quotequote all
Flumpo said:
Lester H said:
The huge market for seriously posh stuff, especially saloons in China and no expense spared stuff in the Middle East has resulted in an upsurge of bling. The days of the quiet, understated British RR has gone, along with all those ultra respectable, less posh, yet still well heeled makes like Armstrong Siddeley, Lea Francis, Daimler ,real Humbers Singers and, of course Bristol. Aston Martin seems to have steered clear of ostentation, though.
Really? I can’t see lord and lady snoot sending one of these to collect miss marple for a lovely weekend of mystery.


Point taken.These have yet to enter my awareness!


Or someone announcing the delegation of Japanese royals have arrived.

ddom

3,426 posts

12 months

Sunday 4th April
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jamei303 said:
Even Prince Michael has gone full SUV

Prince Michael. Posh. That's not how you spell it, but it does have four letters.