Demographics
#1
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.
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.
#2
Contributors
Joined: Aug 2005
Posts: 172
Likes: 0
From: Westlake Hills - Austin,TX
My Ride: V8 beast!
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.
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.
#3
Contributors
Joined: Aug 2005
Posts: 6,554
Likes: 0
From: Austin TX
My Ride: 2014 X5 xDrive 5.0 M Package Carbon Black Metallic/2008 M Roadster Imola Red
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
Fit the profile well
Fit the profile reasonably well
Fit the porfile less than reasonably well
Fit the profile poorly
#4
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
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
#5
Contributors
Joined: Aug 2005
Posts: 6,554
Likes: 0
From: Austin TX
My Ride: 2014 X5 xDrive 5.0 M Package Carbon Black Metallic/2008 M Roadster Imola Red
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.
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]
#6
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
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]
#7
Contributors
Joined: Feb 2005
Posts: 968
Likes: 0
From: LONG BEACH , CALIFORNIA
My Ride: 2005 530i JETBLACK/BLACK DAKOTA, COLD WEATHER PKG, PREMIUM PKG, ADAPTIVE XENON HEADLIGHTS, AUTO TRANSMISSION WITH 6 SPEED STEPTRONIC, BLUETOOTH SETUP,SAT SETUP AND WIFE AS CO-PILOT
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
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
#8
Contributors
Joined: Oct 2004
Posts: 14,776
Likes: 0
From: So Cal, USA
My Ride: 545iSMGSilver GrayAuburn Dakota LeatherLogic 7 Premium SoundSports Package
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.
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]
#9
Contributors
Joined: Aug 2005
Posts: 172
Likes: 0
From: Westlake Hills - Austin,TX
My Ride: V8 beast!
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.
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]
[snapback]182431[/snapback]
[/quote]Then again,Im not living in beautiful socal!!!I'd give my left arm to move to Orange County!!
#10
Contributors
Joined: Oct 2004
Posts: 14,776
Likes: 0
From: So Cal, USA
My Ride: 545iSMGSilver GrayAuburn Dakota LeatherLogic 7 Premium SoundSports Package
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!!
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