Free Ebook.

Enter your email address:

Delivered by FeedBurner

« Ten Ways to Protect Yourself from Used-Car Sales Tactics, Part 3 | Main | Stress-Free Investing in Four Easy Steps, Part 4 »

November 03, 2005


Feed You can follow this conversation by subscribing to the comment feed for this post.

This is ENTIRELY misleading on so many levels -especially this statement "Only 23.5 percent of millionaires own new cars." Having worked for a few millionaires I can personally vouch that you are correct; millionaires don't buy their cars, they have their companies do it for them.

The last 6 millionaire executives I worked around had company Lexus, Mercedes and other vehicles assigned to them: BRAND NEW. Often the vehicles are leased but others choose to buy.

Rich Slick,

The information came from the book, which is an interview with many millionaires. I guess your personal experience is different in this case, but overall I'd expect the book to be accurate.

Rich -- Yep, what Jon said.

Read the book and you'll find out that the high-flying millionaires you describe are not the average millionaire.

The comments to this entry are closed.

Start a Blog


  • Any information shared on Free Money Finance does not constitute financial advice. The Website is intended to provide general information only and does not attempt to give you advice that relates to your specific circumstances. You are advised to discuss your specific requirements with an independent financial adviser. Per FTC guidelines, this website may be compensated by companies mentioned through advertising, affiliate programs or otherwise. All posts are © 2005-2012, Free Money Finance.