Miss S
Is there ant correlation between the two? What kind of regression model if i am investigating this topic for my economic paper?
Answer
people who buy luxury cars are not very affected by gas prices, the cost of the car is much more than the increase cost of gas. we should raise the gas tax to reflect the full societal cost of using that gas
people who buy luxury cars are not very affected by gas prices, the cost of the car is much more than the increase cost of gas. we should raise the gas tax to reflect the full societal cost of using that gas
Do luxury cars have good gas mileage and last long?
iTech17
I was looking for a car for the max price of $5000 and is a good car for starters and I saw Mercedes Benz and jaguar and Acura and etc.. Are there any good luxury car brands that last long.l I'm looking at used cars so it would help of you tell me which year I should look into, thanks.
Answer
By the time any of these cars get down to the 5000 dollar price range they will have already lived their design life expectancy. Parts will be expensive and difficult to find. More so with the cars that originate in Europe. Buyers of luxury cars tend to trade more often, so the car makers are only worried about the car lasting through two owners. They also tend to be "loaded" and those accessories are a big source of trouble.
Of the ones you mention Acura would be the best to purchase. It shares a lot of parts with the cheaper models made by the same company. Lexus is another one that should have better support.
But cars by Benz, BMW and Jag often do not have very many parts that are found on other cars. Some years of Jag do have a lot of Ford parts. But Jag just could not get with the Ford engineering model. They (Jag) want a car that needs a factory trained mechanic to keep it running and Ford Motor Company thinks warranty costs for repairs are avoidable when a car is built right.
If you are not down on American products consider a Mercury or Lincoln.
By the time any of these cars get down to the 5000 dollar price range they will have already lived their design life expectancy. Parts will be expensive and difficult to find. More so with the cars that originate in Europe. Buyers of luxury cars tend to trade more often, so the car makers are only worried about the car lasting through two owners. They also tend to be "loaded" and those accessories are a big source of trouble.
Of the ones you mention Acura would be the best to purchase. It shares a lot of parts with the cheaper models made by the same company. Lexus is another one that should have better support.
But cars by Benz, BMW and Jag often do not have very many parts that are found on other cars. Some years of Jag do have a lot of Ford parts. But Jag just could not get with the Ford engineering model. They (Jag) want a car that needs a factory trained mechanic to keep it running and Ford Motor Company thinks warranty costs for repairs are avoidable when a car is built right.
If you are not down on American products consider a Mercury or Lincoln.
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