#1 Way China’s Rich Show off their Wealth
Forrest Gump' mama said, people only need so much money, then the rest is just for showing off.
So, how do China's wealthy show off their wealth.
Owning one or more luxury cars is at or near the top of the list.
Rolls Royce, owned by Germany's BMW, expects to sell 70 Phantom vehicles this year in China.
The United States is tops…Britain is second. Japan will move to fourth behind China.
Rolls Royce has three dealerships in China: Shanghai. Beijing and Guangzhou.
Three more dealerships are planned – Hangzhou, Shenzhen and Chengdu.
China's Roll Royce owners are 10 years younger in average age than elsewhere…further sales will result if customer loyalty is maintained.
Maybach, controlled by Mercedes Car group, will see its sales double this year from 2005.
One Maybach 62 Special Edition goes for $1 million.
How much do Rolls cost? If you have to ask, you can't afford it.
Answer: $328,750
Forrest Gump’ mama said, people only need so much money, then the rest is just for showing off.
So, how do China’s wealthy show off their wealth.
Owning one or more luxury cars is at or near the top of the list.
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