Monday, September 12, 2011

Top 10 Cars That Old People Buy

According to The Street.com, they compiled a list of the Top 10 Cars That Old People Buy. In any case, a recent study by TrueCar indicates that seniors in America, defined as age 65 and over, "chose vehicles from brands they grew up with." The study reviewed purchases by more than 200,000 car buyers in 2009 and 2010.

"Seniors are looking for a luxurious and comfortable vehicle from a brand they are familiar with and trust, and many seniors grew up with these iconic American luxury brands in their parents' garage," said TrueCar analyst Jesse Toprak, in a prepared statement.

TrueCar.com compiled a list of the top brands purchased by seniors in 2009 and 2010, by percentage of buyers. Topping the list of brands were Buick, Lincoln and Cadillac.

Presenting the Top 10 Cars That Old People Buy according to True Car


10. Toyota Avalon, MSRP: $29,876

According to TrueCar.com, 53.7% of Avalon buyers are seniors.

No other Japanese manufacturer has a single vehicle among geezer's top ten vehicle preferences, although Lexus is ranked as the No. 9 favorite geezer brand. Seniors account for 27.6% of Lexus sales.



9. Lincoln MKZ, MSRP: $32,575

TrueCar's survey shows that 53.8% of all MKZ buyers were seniors.

Seniors love Lincolns, their second-favorite brand. Seniors buy 47.7% of the Lincolns that are sold.



8. Buick LaCrosse, MSRP: $26,044

The survey shows that 58.9% of LaCrosse buyers were seniors.

Although it has been gaining buyers in all segments, Buick leads all brands in the percentage of senior buyers, with 57.5%. For the first seven months, Buick sales rose 27.2%, leading all GM brands, while the average age of the brand's buyers is falling.



7. Chevrolet Impala, MSRP: $23,515

The survey shows that 51.3% of Impala buyers are 65 or older.

Chevrolet is the sixth favorite brand for seniors, who account for 31.2% of its sales.



6. Hyundai Azera, MSRP: $24,230

Seniors accounted for 64.7% of Azera buyers, TrueCar said.

Hyundai was seniors' No. 10 favorite brand, with 25% of sales coming from the group.



5. Cadillac STS, MSRP: $36,000

Seniors accounted for 71% of STS buyers.



4. Cadillac CTS Wagon, MSRP: $36,349

Seniors accounted for 74.2% of all CTS buyers.



3. Cadillac DTS, MSRP: $43,500

Of DTS Buyers, 84.8% were seniors.



2. Buick Lucerne, MSRP: $26,044

The survey shows that 86.8% of Lucerne buyers were older than 65.

And number 1......



Lincoln Town Car, MSRP: $44,355

The survey shows that 89.6% of Town Car buyers were seniors.

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