The Cars Of The Filthy Rich And Infamous

Bertel Schmitt
by Bertel Schmitt

So what are people driving in America’s wealthiest Zip codes like 10274, Lower Manhattan, where the average annual income stands at $5.7 million? Must be all Bentley daily drivers with a few Aventadors for weekend fun, right? Wrong, says TrueCar, as it publishes the list of the top vehicles purchased in the wealthiest zip codes. Well, you are kind of right: There isn’t a single domestic vehicle amongst the top ten.

Most Popular Cars Sold in America’s Wealthiest Zip Codes

Rank

Make/ModelSegment

MSRP*

Market Average**

% Discount from MSRP†

1

Mercedes-Benz E-ClassLuxury Car

$51,365

$48,068

6.4%

2

BMW 328Luxury Car

$35,795

$34,461

3.7%

3

Mercedes-Benz C-ClassLuxury Car

$36,095

$34,144

5.4%

4

Lexus RXLuxury SUV

$39,950

$37,628

5.8%

5

Toyota PriusSmall Car

$30,565

$29,525

3.4%

6

Volkswagen JettaSmall Car

$26,085

$24,978

4.2%

7

Honda CR-VMidsize SUV

$29,575

$28,875

2.4%

8

Honda AccordMidsize Car

$23,070

$21,210

8.1%

9

Toyota CamryMidsize Car

$25,535

$23,871

6.5%

10

BMW X5Luxury SUV

$58,595

$54,995

6.1%

Wealthiest Zips data based on IRS Tax table, filtered for zip codes with a thousand returns or more.

Key findings:

  • The Toyota Prius was the most popular vehicle in Ross (94957) and Century City (90067), Calif.
  • The Mercedes-Benz S-Class was the most expensive model purchased in top ten wealthiest Zip codes
  • Manhattan represents the city with the wealthiest zip code (10274) and the most popular vehicle purchased was the Mercedes-Benz E-Class while the Honda CR-V rounds out the top five
  • SUV’s are popular in Greenwich, Conn. (06831) with four out of the top five
  • The Toyota Sienna and Honda Odyssey are the only two minivans to make the top five purchased by residents in Medina, Wash.(98039)

Says Kristen Andersson, Senior Analyst at TrueCar.com. “For affluent buyers who live in places where environmental concerns reign supreme, the Toyota Prius is the ultimate status symbol in eco-luxury.”

Bertel Schmitt
Bertel Schmitt

Bertel Schmitt comes back to journalism after taking a 35 year break in advertising and marketing. He ran and owned advertising agencies in Duesseldorf, Germany, and New York City. Volkswagen A.G. was Bertel's most important corporate account. Schmitt's advertising and marketing career touched many corners of the industry with a special focus on automotive products and services. Since 2004, he lives in Japan and China with his wife <a href="http://www.tomokoandbertel.com"> Tomoko </a>. Bertel Schmitt is a founding board member of the <a href="http://www.offshoresuperseries.com"> Offshore Super Series </a>, an American offshore powerboat racing organization. He is co-owner of the racing team Typhoon.

More by Bertel Schmitt

Comments
Join the conversation
2 of 62 comments
  • MrWhopee MrWhopee on Aug 08, 2012

    Old moneys don't seem to be interested in fancy cars. I guess they've become jaded, it's no big deal for them. It's the nouveau riches that adore fancy cars. Rap singers, sports stars, internet enterpreneurs...

  • Sanman111 Sanman111 on Aug 08, 2012

    There are other issues are well here. If you live in a suburb and commute, nothing beats access to HOV lanes if you have a Prius or other hybrid. In NYC, it is a waste to own a nice car as others have mentioned. You can't go anywhere in it, the roads are horrible, and it will probably be dinged my a cab. You want an exotic or classic? You walk down to Manhattan Motor Club or any one of a number of Dream Car companies and they will let you rent whatever you want that weekend of fun. Out in the Hamptons is older cars and SUVs to get by those flooded roads being so close to the water. Lots of older luxury models as well.

  • Justin You guys still looking for that sportbak? I just saw one on the Facebook marketplace in Arizona
  • 28-Cars-Later I cannot remember what happens now, but there are whiteblocks in this period which develop a "tick" like sound which indicates they are toast (maybe head gasket?). Ten or so years ago I looked at an '03 or '04 S60 (I forget why) and I brought my Volvo indy along to tell me if it was worth my time - it ticked and that's when I learned this. This XC90 is probably worth about $300 as it sits, not kidding, and it will cost you conservatively $2500 for an engine swap (all the ones I see on car-part.com have north of 130K miles starting at $1,100 and that's not including freight to a shop, shop labor, other internals to do such as timing belt while engine out etc).
  • 28-Cars-Later Ford reported it lost $132,000 for each of its 10,000 electric vehicles sold in the first quarter of 2024, according to CNN. The sales were down 20 percent from the first quarter of 2023 and would “drag down earnings for the company overall.”The losses include “hundreds of millions being spent on research and development of the next generation of EVs for Ford. Those investments are years away from paying off.” [if they ever are recouped] Ford is the only major carmaker breaking out EV numbers by themselves. But other marques likely suffer similar losses. https://www.zerohedge.com/political/fords-120000-loss-vehicle-shows-california-ev-goals-are-impossible Given these facts, how did Tesla ever produce anything in volume let alone profit?
  • AZFelix Let's forego all of this dilly-dallying with autonomous cars and cut right to the chase and the only real solution.
  • Zelgadis Elantra NLine in Lava Orange. I will never buy a dirty dishwater car again. I need color in my life.
Next