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Rich Get a Greater Itch to Buy Vehicles

A new poll by the American Affluence Research Center indicates 37% of those surveyed expect to buy or lease a new vehicle in the next 12 months. That's an increase of 9% from six months ago and 6% from a year ago. The semi-annual Survey of Affluent Americans focuses on the wealthiest 10% of U.S. households (11 million) that have average incomes of $270,000 and a minimum net worth of $750,000. Some

Dec 01, 2003

A new poll by the American Affluence Research Center indicates 37% of those surveyed expect to buy or lease a new vehicle in the next 12 months.

That's an increase of 9% from six months ago and 6% from a year ago.

The semi-annual “Survey of Affluent Americans” focuses on the wealthiest 10% of U.S. households (11 million) that have average incomes of $270,000 and a minimum net worth of $750,000.

Some 43% of households surveyed with incomes above $200,000 plan to get a new vehicle.

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