I really question some of these numbers, and they+ - Saab 9000 Bulletin Board - Saabnet.com
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I really question some of these numbers, and they+
Posted by Noel (more from Noel) on Tue, 23 Sep 2003 06:41:09
In Reply to: Are you frugal?, Yaofeng, Mon, 22 Sep 2003 19:08:01
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don't take into account multiple vehicles in a household. For example, how many people with Ferraris or Porsches have those as their only or primary car? And how was the data collected? What were the sample sizes?
What would be more interesting is data comparing income, car price AND how long car is kept by that owner. Lower investment in the vehicle combined wiht long terms of ownership is a much better measure of frugality than a price to income ratio.
All that aside, I suspect a typo in the data or a very small sample: $225K is too narrow a group (probably the top 2% in US income), and not enough 9Ks were ever sold for this to make sense. I seriously doubt 9K owners as a group *averaged* $225K when the car was a current model. I'd believe $125K.
That's my usual opinionated $0.02.
Thanks!
Noel
posted by 68.169.1...
Posts in this Thread:
- Are you frugal?, Yaofeng, Mon, 22 Sep 2003 19:08:01
- See the classifieds!!, Pa Taket, Fri, 26 Sep 2003 06:49:25
- Re: Are you frugal?, SaabTwoTimes, Tue, 23 Sep 2003 15:43:19
- I really question some of these numbers, and they+, Noel, Tue, 23 Sep 2003 06:41:09 <-- Viewing This Message
- Re: Are you frugal?, steveC, Mon, 22 Sep 2003 20:21:33
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