uhnwi

There is a segment of the car market referred to as Ultra Luxury. Automobiles in this segment are sold for in excess of $100,000.

Long established luxury brands such as Rolls Royce, Bentley, Maybach, Aston Martin, and Maserati are to be found here. Many of these brands are owned by German car makers such as BMW and VW.

UHNWI’s have on average 8 cars which means they have invested around one million dollars. This is a conservative estimate as these luxury brands cost well in excess of the starting $100k.

Many UHNWI’s own high performance sports cars like Ferrari, Porsche, and Lamborghini as well as their saloons.

Some high end Super Luxury Motor Yachts have a section in the stern to carry a vehicle and one maker even includes a Rolls Royce Phantom in the price.

This entry was posted on Monday, July 30th, 2007 at 8:16 am and is filed under Spending wealth. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.