No Fixed Abode: Plate Tectonics of the Prestige Drift

It’s June, which means it’s the time of year for my son to visit his grandfather in South Carolina and spend a week at golf camp. Sometimes I have to spend the week working, sometimes I spent it traveling, and sometimes I get to spend it hanging out with my dad and his friends.

Most of them are cast from the same group of molds: either self-made or with only minor family advantages, a long history of executive positions or highly remunerative small business ownership, more millions left in the bank than they have years left in the tank. They’re not interested in art or literature, they have a casual and hilarious disrespect for modern social ideas, they maintain a sort of gruff good humor about everything from heart attacks to coastal hurricanes. We will not see their like again, which is kind of a shame.

Yesterday one of them came over to say hello, meet the grandchildren, and to ask me a couple of questions about his next vehicle purchase. I long ago figured out that these fellows don’t necessarily want my authentic opinion regarding the merits of the SL65 or the Continental GT. Rather, they want me to nod approvingly at whatever they’ve already decided to buy, at which point we can have a nice lunch and engage in some mutual appreciation of our good fortune in life, regardless of how unevenly said fortune is distributed.

This fellow was different. He came prepared: with notes, impressions, questions. He had hard financial limits in mind, which is vanishingly rare among a class of Baby Boomers who no longer bother to count pennies or Krugerrands. Most importantly, he gave me something to think about long after he’d left.

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  • Jalop1991 Way to bury the lead. "Toyota to offer two EVs in the states"!
  • Jalop1991 I'm sorry, Dave. I'm afraid I can't do that.
  • Jalop1991 We need a game of track/lease/used/new.
  • Ravenuer This....by far, my most favorite Cadillac, ever.
  • Jkross22 Their bet to just buy an existing platform from GM rather than build it from the ground up seems like a smart move. Building an infrastructure for EVs at this point doesn't seem like a wise choice. Perhaps they'll slow walk the development hoping that the tides change over the next 5 years. They'll probably need a longer time horizon than that.