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Demographics

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Old 10-10-2005 | 04:09 PM
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I'm bored waiting for my 550, so I've been digging through some proprietary market research about car buyers.

Here's some info on the typical MY 2005 545 buyer (U.S.):

male
48 years old
married
$203,000 average annual household income
One-third of buyers have an Advanced Degree
5'10"
180 pounds

One-third of 545s are purchased / the other two-thirds leased
Average price paid for purcahsed 545 $61,500
85% have Steptronic

One-third of 545 owners had another 5 series just before this car
Another one-quarter had another type of BMW just before this car.
The cars we otherwise were closest to buying were the MB E-Class and the Audi A6.

The #1 reason for buying a 545 is Performance. What we like best about the 545 is the way it accelerates and handles, and we like how it stands out.
Old 10-10-2005 | 04:21 PM
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Ill challenge the demographic.


male-male
48 years old- 26
married-married
$203,000 average annual household income-A little higher.
One-third of buyers have an Advanced Degree-MBA
5'10"-5"10
180 pounds-186

One-third of 545s are purchased / the other two-thirds leased-owners choice
Average price paid for purcahsed 545 $61,500-65,100
85% have Steptronic-Steptronic
Traded in 05 RL
Compared against 06 gs430

Wow closer then I though.
Old 10-10-2005 | 04:24 PM
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I also saw the info you posted and think it is interesting. We fit the profile well. You could do a poll to try to get at how well we all fit the profile. e.g.

Fit the profile well

Fit the profile reasonably well

Fit the porfile less than reasonably well

Fit the profile poorly
Old 10-10-2005 | 04:27 PM
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male - yep
48 years old - not quite there yet...
married - yep
$203,000 average annual household income - I am a poor bastard...what am I doing wrong, ah, I have science degree and not a business degree
One-third of buyers have an Advanced Degree - PhD
5'10" - 6'3"
180 pounds - fatter (but also taller...)

One-third of 545s are purchased / the other two-thirds leased - puchased
Average price paid for purcahsed 545 $61,500 - about right
85% have Steptronic - I belong to the 0.011% SMG

One-third of 545 owners had another 5 series just before this car - yes, a 525i
Old 10-10-2005 | 04:31 PM
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Originally Posted by UPENN545' date='Oct 10 2005, 07:21 PM
Ill challenge the demographic.


male-male
48 years old- 26
married-married
$203,000 average annual household income-A little higher.
One-third of buyers have an Advanced Degree-MBA
5'10"-5"10
180 pounds-186

One-third of 545s are purchased / the other two-thirds leased-owners choice
Average price paid for purcahsed 545 $61,500-65,100
85% have Steptronic-Steptronic
Traded in 05 RL
Compared against 06 gs430

Wow closer then I though.
[snapback]182415[/snapback]
I though you sounded pretty close too.
Old 10-10-2005 | 04:36 PM
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Originally Posted by tachyon' date='Oct 10 2005, 05:09 PM
I'm bored waiting for my 550, so I've been digging through some proprietary market research about car buyers.

Here's some info on the typical MY 2005 545 buyer (U.S.):

male - MALE
48 years old - 23
married - MARRIED
$203,000 average annual household income - I MAKE ABOUT 10K A YEAR
One-third of buyers have an Advanced Degree - GED
5'10" - 5'11''
180 pounds - 185

One-third of 545s are purchased / the other two-thirds leased - PURCHASED
Average price paid for purcahsed 545 $61,500 - 50ISH
85% have Steptronic - YEP

One-third of 545 owners had another 5 series just before this car - 300M
Another one-quarter had another type of BMW just before this car. - NOPE
The cars we otherwise were closest to buying were the MB E-Class and the Audi A6. - LOOKED AT THE E

The #1 reason for buying a 545 is Performance.? What we like best about the 545 is the way it accelerates and handles, and we like how it stands out. - DEFINITELY
[snapback]182407[/snapback]
Old 10-10-2005 | 04:55 PM
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male-male
48 years old- 34
married-married
$203,000 average annual household income-120 +
One-third of buyers have an Advanced Degree-bs
5'10"-5"6
180 pounds-200


Average price paid for purcahsed 545 $61,500- 05 530i paid 54,00
85% have Steptronic-Steptronic
Traded in 05 RL- no trades... only had a 86.5 toyota supra
Compared against 06 gs430 mb e320
Old 10-10-2005 | 04:58 PM
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Originally Posted by UPENN545' date='Oct 10 2005, 05:21 PM
Ill challenge the demographic.


male-male
48 years old- 26
married-married
$203,000 average annual household income-A little higher.
One-third of buyers have an Advanced Degree-MBA
5'10"-5"10
180 pounds-186

One-third of 545s are purchased / the other two-thirds leased-owners choice
Average price paid for purcahsed 545 $61,500-65,100
85% have Steptronic-Steptronic
Traded in 05 RL
Compared against 06 gs430

Wow closer then I though.
[snapback]182415[/snapback]
Crap! I knew I should have went to a better school... Maybe the wife will make more money.
Old 10-10-2005 | 05:03 PM
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Originally Posted by EBMCS03' date='Oct 10 2005, 07:58 PM
[quote name='UPENN545' date='Oct 10 2005, 05:21 PM']Ill challenge the demographic.


male-male
48 years old- 26
married-married
$203,000 average annual household income-A little higher.
One-third of buyers have an Advanced Degree-MBA
5'10"-5"10
180 pounds-186

One-third of 545s are purchased / the other two-thirds leased-owners choice
Average price paid for purcahsed 545 $61,500-65,100
85% have Steptronic-Steptronic
Traded in 05 RL
Compared against 06 gs430

Wow closer then I though.
[snapback]182415[/snapback]
Crap! I knew I should have went to a better school... Maybe the wife will make more money.
[snapback]182431[/snapback]
[/quote]


Then again,Im not living in beautiful socal!!!I'd give my left arm to move to Orange County!!
Old 10-10-2005 | 05:05 PM
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Originally Posted by UPENN545' date='Oct 10 2005, 06:03 PM
Then again,Im not living in beautiful socal!!!I'd give my left arm to move to Orange County!!
[snapback]182437[/snapback]
I'll trade you places for your income.


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