Why Australians love luxury cars

[Ben73]

Originally Posted by tempted

It is no coincidence that sales of Euro cars have skyrocketed with the advent of the housing boom and cheap credit. Your average Joe who used to buy a Holden or Ford is now leveraging themselves to the hilt to buy a pos base model Euro because they want to be seen as "upper class". I have seen plenty of examples to warrant my opinion and more often than not it ends in tears.
Those who can comfortably afford a Euro are more likely to be traditional buyers who have always purchased Euros in the past and tend to buy high end models.

A "POS" base model euro is probably cheaper than your average 4x4 or high spec Jap cars. I think people would rather buy a base Euro now than I high end AUS or Asian car. I don't think the average buyer is spending much more than they use to, juts buying different cars.