Drivers of expensive cars : what do they do for a living ? ! ?

[Justin Smith 10]

I have to say I`m not into cars, or materialism come to that, so, to be frank, I don`t really understand why people buy high priced cars. But I have to say I`m very interested to know what these people do for a living to be able to afford such expensive vehicles. Surely there are only so many solicitors about, and doctors (of which there are quite a few) don`t generally tend to drive ostentatious vehicles in my experience. So what jobs do these people do ?

I`ve discussed this with friends and work colleagues a few times and often you`ll hear the theory they`re company vehicles. But to have a big expensive car as a company vehicle you`ve generally got to be in higher management and how many people are in higher management ? By definition I`d have thought there can`t be that many. Another theory is they`re all "on tick". But buying anything on credit isn`t cheap, you`ve still got to pay the loan back plus the interest.

I suspect part of the answer is some people spend a relatively high percentage of their disposable income on their car, this is the opposite of myself which is why I assume these drivers of expensive cars are all absolutely loaded. But, as an example, to run a Range Rover you`ll still got to be on a bleedin`good whack ! And there are loads of Range Rovers about ! !

 

Am I the only person who has wondered this ? And what is the answer ?

 

Added later :

 

Part of the answer is here, if the figures are accurate / honest it makes very interesting reading.... Also, the age of the car makes a big difference to how much it`s actually worth. So for owners of expensive cars who want to flaunt their wealth, don`t put the private reg plate on till the car is at least 2 years old !

Edited December 16, 2015 by Justin Smith

[sgtkate 10]

What do you describe as an expensive car? That's going to be highly subjective. £20k+, £50k+? Or do you mean a certain type of car, like an Audi no more than 2 years old?

[geared 317]

You do realise some of the large luxury cars also experience the greatest depreciation, for a couple of grand you can pick up things like big beemers, Mercs or Audis, because after 10 years they're worth buttons compared to their original purchase price.

[martin6 10]

The management get them new as company cars, and we buy them 3 years later at a more reasonable price

[Obelix 11]

IT engineers get paid a lot more than most people realise and there are a lot more of them around than solicitors...

[AMR67 10]

lots of people now lease their cars, which makes them more affordable to run (insurance and servicing etc are usually included in the monthly payment). After 3 years they either purchase the car in full or just hand it back and start again.

[eatshmeat 10]

I work in IT. drive a company Range Rover. Don't have to be a doctor or anything to earn a good wage

[tzijlstra 11]

As mentioned, a very subjective question. What is an expensive car? For me it would be anything over 100K.

[JFKvsNixon 11]

As mentioned, a very subjective question. What is an expensive car? For me it would be anything over 100K.

 

A £90k car isn't expensive?

[ANGELFIRE1 10]

Apologies for been a little off post, I have the same kind of question about the cost of some houses, how do people afford to buy at say £k200000 plus.

 

As for the car, I suspect they are all footballers as money appears to be no object to them.

 

Angel1

[JFKvsNixon 11]

Apologies for been a little off post, I have the same kind of question about the cost of some houses, how do people afford to buy at say £k200000 plus.

 

As for the car, I suspect they are all footballers as money appears to be no object to them.

 

Angel1

 

Are you talking about £200K house or £20 million house?

[Jim Hardie 527]

Are you talking about £200K house or £20 million house?

 

Could be read as £200 million.