DaveHash

Nice little read...

http://www.businessinsider.com/why-u...ng-bmws-2014-7

bitkahuna

iTrader: (20)

makes a lot of sense, and agree that many retirees getting bmws are still in ego/competing (or fighting aging) mode.

but lexus of course is working hard at getting a younger audience, so hopefully they won't alienate the retiree buyers. the non-f / f split is a good approach but like most i still hope they aren't so restrictive on option choices.

mmarshall

I'd bet that much of that 16% difference in ownership costs are in parts/service. First of all, BMWs, even with some free maintenance, have, like Audi and Mercedes, only a 4/50 warranty, even on the expensive drivetrain parts. Second, it's no secret that BMWs are (usually) less-reliable than Lexus products. Third, BMW, like Mercedes, charges an arm and a leg for repair/service work, if not warranty or done free. Fourth, insurance is often quite high for BMWs, not only for the way many of them are driven, but also for the high price of those replacement parts after an accident.

I8ABMR

great read . Thanks for sharing

LexFather

I saw this on yahoo and what struck me as really odd is the BMW pictured. Its that rare convertible with the drop down doors. Really odd choice to show for a BMW.


http://finance.yahoo.com/news/why-un...143200093.html

whoster

....definitely a rare BMW indeed.

blacksc400

iTrader: (4)

My set of RF tires replacement ( Which happens around 20K miles normal driving ) run at $2656.00

Hoovey689

iTrader: (16)

And I sure do love life !

dseag2

Great article! I'm not there yet, but I'll know what not to buy when I do head to the rocking chair.

Toys4RJill

I agree with you on most of this. Lexus service is still pretty expensive but the German cars can get really high in price.

It all depends on how much money you want to spend.

For vehicles like Audi, BMW, MB and certain Lexus models, I would rather lease than own.

FrankReynoldsCPA

I'm forty years off from retirement. It'll be interesting to save articles like this just so I can see what has changed by then.

Sent from my Nexus 4 using IB AutoGroup

corradoMR2

I'll be paying closer attention on the handful of retired folks in my neighborhood now and see what they drive! Good read.

mmarshall

In my area, (Washington, D.C. suburbs) old people drive a variety of vehicles, just like people in other groups. But, in general, I'd say, they seem to be strongly attracted to larger and sometimes older Buicks (Lesabre/Park Avenue/Lucerne/LaCrosse), Cadillac DTS, Lincoln Town Car, Lexus ES350, and those especially well-heeled ones to the Mercedes S-Class, BMW 7-series, and Lexus LS460. While younger people can (and do, in some instances) drive these vehicles, in general, you won't find many under 50 or so in them. It's especially unusual, in my experience, to see someone under 50 in a Cadillac DeVille or DTS.....that is the stereotypical Geezer-car if there ever was one. My former Flight Instructor (one of the exceptions) had an old De Ville for a while (a really comfortable cruiser)....but it was a used one that he had inherited when his uncle passed away.