View Single Post
      04-10-2014, 12:13 AM   #20
lichenlt
First Lieutenant
28
Rep
333
Posts

Drives: M235i
Join Date: Feb 2014
Location: Land of Opportunity

iTrader: (0)

Quote:
Originally Posted by Gins View Post
Average wealth of an adult in the U.S. $44k USD.

Average wealth of an Australian adult... $225k USD.

The Aussies pay out the ass in tax and cost of living is 30% higher, but damn if they aren't well compensated... Aussie dollar is almost equivalent to the USD.
The pricing of luxury cars doesn't have anything to do average wealth. High average wealth certainly does not mean $79k for M235i isn't expensive. It costs essentially the same to manufacture for both US and Australia markets. The only difference is in the taxes, dealer cost (labor and infrastructure), and marketing in the country in question. I didn't do any research on this, but I doubt the differences in cost to sell in Australia make up the premium in pricing. Bottom line, the pricing does not have much to do with average wealth. If you want evidence, just take a look at the pricing of luxury cars in China, Singapore, and other Asian countries.

Last edited by lichenlt; 04-10-2014 at 01:30 AM..
Appreciate 0