"Actual luxury vehicle owners" are just the mass affluent. There's really nothing special about them. The upper 20% household income demographics of just about any developed nation. Read the sales numbers for literally any of the German big-three. They're just what you expect. A4s sell more than any other Audi sedan; Q5s sell more than any other Audi SUV.
The typical owner isn't someone with a 7-series.
Makes for a nice story, though. And sure, the mass affluent frequently lease. They also often live beyond or max out their means.
I used to sell computers at retail. Probably 5% of customers were mega-rich. One guy dropped $50k on laptops and accessories for his kids for Christmas. Another lady paid me about $5k to run some Ethernet cable, build a fancy desk and setup her workspace.
Your entry level rich person is a surgeon. The Ethernet lady owned a half dozen McDonalds.
I often wonder about the people who drive late model luxury cars, on the rare occasions I see them in my town. Are they killing it? Or did they buy it on finance to compete with the Jonses?
Or it's a tax deduction because leasing cars are deductible while buying them is not as easily deductible, so it's overall cheaper for them to act that way then to be traditionally money smart about it.
Last two demos I've bought (both German) were both priced around the same as an equivalently specced brand new Japanese model.
Compare the fusion to an A4 and you’ll find the A4 feels cheaper. Now an A6 does not compare to a fusion, but a Lincoln continental blows it away.
It’s all in the eye of the beholder (luxury by name, or actual feel of luxury). If anything a Volkswagen competes with Honda these days. Utilitarian and bland... plus Volkswagen will have a random electrical failure that totals the car. Now if you had said Nissan you would have had a point (but the price point doesn’t match Ford)
The last Ford I owned was about 16 years ago so I don't know what they're like these days. Swapped it for a Honda Jazz/Fit and more recently I have a Golf. The build quality of the VW was a big step up from the Honda. Simply felt more solid and sturdy. Both have been reliable.
Do you want to know how you can tell if someone can actually afford a luxury car? Its not whether they get good financing, or whether they get options, its whether or not its serviced.
>but I’m equally sure I’d be charged some outrageous fee for that “service”.
You see, actual luxury vehicle owners do not question the price at all. They dont see anything other than the signature box on the invoice. You could for example as I have, charge $190 just to replace the light in the glovebox, and they wouldnt think twice about that amount of money. I was once faced with a BMW owner looking at seven thousand dollars to replace their electronic air-ride suspension, and the hardest decision they had to make was whether they should buy another BMW while this one was being serviced.
Luxury owners rarely see opulence as anything more than a disposable commodity. If they dont like the apps, or if they dont like the stereo, they just buy a different car. A salesman once told me of a woman who traded her 8 month old Porsche in for a BMW because she didnt like the little song the car played when it started up.