Lexus Considers CT Derivatives
06-09-12, 05:00 AM
#16
If that's what it mean,
"The median buyer age for the Lexus CT is 53, below the brand’s median age of 59, the auto maker says. The hatchback’s buyers have a median annual household income of $150,000, more than the $100,000 bracket originally forecast."
then half of the buyer have $150k+ annual income & half don't.
06-09-12, 05:51 AM
#17
Lexus Champion
If that's what it mean,
"The median buyer age for the Lexus CT is 53, below the brand’s median age of 59, the auto maker says. The hatchback’s buyers have a median annual household income of $150,000, more than the $100,000 bracket originally forecast."
then half of the buyer have $150k+ annual income & half don't.
"The median buyer age for the Lexus CT is 53, below the brand’s median age of 59, the auto maker says. The hatchback’s buyers have a median annual household income of $150,000, more than the $100,000 bracket originally forecast."
then half of the buyer have $150k+ annual income & half don't.
06-09-12, 08:35 AM
#18
if half of the buyer would be 52, and the other half would be 54, you'd still have 53 as a median.
Out of all the statistical values which they could consider, I struggle to think of another one as useless as the median...
06-09-12, 09:19 AM
#19
Guest
Posts: n/a
The CT was a home run on a few points and proved people will buy luxury hatches in America. Ironically it was designed for Europe and also does well there.
1. Handsome
2. Aggressive pricing
3. Great features
4. Great MPG
5. Solid list of options
6. Strong marketing and advertising
7. Outstanding dash and quality
8. Good handling and F sport trim
This was no rebadge or basic sharing car. They really did make the effort where it feels like a stand alone model.
That said margins are razor thin so it's kind of surprising as dealers are asking for more expensive product.
1. Handsome
2. Aggressive pricing
3. Great features
4. Great MPG
5. Solid list of options
6. Strong marketing and advertising
7. Outstanding dash and quality
8. Good handling and F sport trim
This was no rebadge or basic sharing car. They really did make the effort where it feels like a stand alone model.
That said margins are razor thin so it's kind of surprising as dealers are asking for more expensive product.
06-09-12, 09:34 AM
#20
Lexus Champion
Thread Starter
Join Date: Apr 2011
Location: CA™
Posts: 3,018
Likes: 0
Received 0 Likes
on
0 Posts
06-09-12, 10:00 AM
#22
Lexus Fanatic
Originally Posted by 1SICKLEX
The CT was a home run on a few points and proved people will buy luxury hatches in America. Ironically it was designed for Europe and also does well there.
1. Handsome
2. Aggressive pricing
3. Great features
4. Great MPG
5. Solid list of options
6. Strong marketing and advertising
7. Outstanding dash and quality
8. Good handling and F sport trim
1. Handsome
2. Aggressive pricing
3. Great features
4. Great MPG
5. Solid list of options
6. Strong marketing and advertising
7. Outstanding dash and quality
8. Good handling and F sport trim
That said margins are razor thin so it's kind of surprising as dealers are asking for more expensive product.
06-09-12, 10:10 AM
#23
Guest
Posts: n/a
When I reviewed the CT, I said that I thought it should have been marketed as a Toyota, though I admit it has succeeded in the American marketplace as a Lexus. It does, in fact, have most of the features you list here. Still, I find it too small, too stiff-riding, and too noisy to be a true Lexus. In my book, it's still a Toyota.
Or just drop the factory invoice or raise the MSRPs on the current model. I don't see the factory lowering the wholesale/invoice because it would probably lose money. If demand for it is as high as the market seems to indicate, then a small price-increase might not decrease sales much. It has little, if any, direct competition among American-market luxury-badged vehicles to steal sales away from it.
Or just drop the factory invoice or raise the MSRPs on the current model. I don't see the factory lowering the wholesale/invoice because it would probably lose money. If demand for it is as high as the market seems to indicate, then a small price-increase might not decrease sales much. It has little, if any, direct competition among American-market luxury-badged vehicles to steal sales away from it.
They can't drop the price margins are THIN, around $1500 markup. That is nothing on a luxury car.
06-09-12, 11:37 AM
#24
The CT was a home run on a few points and proved people will buy luxury hatches in America. Ironically it was designed for Europe and also does well there.
1. Handsome
2. Aggressive pricing
3. Great features
4. Great MPG
5. Solid list of options
6. Strong marketing and advertising
7. Outstanding dash and quality
8. Good handling and F sport trim
This was no rebadge or basic sharing car. They really did make the effort where it feels like a stand alone model.
That said margins are razor thin so it's kind of surprising as dealers are asking for more expensive product.
1. Handsome
2. Aggressive pricing
3. Great features
4. Great MPG
5. Solid list of options
6. Strong marketing and advertising
7. Outstanding dash and quality
8. Good handling and F sport trim
This was no rebadge or basic sharing car. They really did make the effort where it feels like a stand alone model.
That said margins are razor thin so it's kind of surprising as dealers are asking for more expensive product.
I agree!!! The CT is just great. Younger generation likes "GREEN" car. Hybrid are their ideal choice. However, the design of the Prius just walk them away. Except for some that only need it for point A-->B, how many young people actually like the look of Prius? .
I'm not sure about the other, but Asian parents always pays for their kids first car. Yes, I am one of them. Except mine is a Corolla (new). No only great MPG & price, the CT was to fulfill the shallowness of owning a upscale car. Especially for Asian girl, not only they like to dress up but also need a car to go along with it. My wife & many of my Asian friend seem to agree with me on that. They would rather be in a entry level Lexus than a higher end Toyota. For many people, Lexus means a lot.
Last edited by grabber2; 06-09-12 at 11:43 AM.
06-09-12, 12:39 PM
#25
Lexus Fanatic
Well, it's a matter of preference. I've driven both, and the Verano, IMO, is more pleasant and refined as a daily-driver, though the CT, being a Toyota/Lexus product, may (?) trump it in long-term durability. The Verano also has real leather.
I don't see myself as insulting either the CT or its owners....certainly didn't mean to. It's a good car, mechanically, and will likely be very reliable, as the Prius has been. But in refinement, IMO, it's just more of a Toyota than Lexus. That opinion, BTW, is also shared by a number of auto-press reviewers.
However, if I wanted a car that I could generally count on to last 150-200K, I agree with you...the CT would probably be a safer buy. The Verano, well-built but still a GM Opel/Buick product, is, admittedly, more of a dice-roll on durability.
They can't drop the price margins are THIN, around $1500 markup. That is nothing on a luxury car.
Last edited by mmarshall; 06-09-12 at 12:45 PM.
)
06-10-12, 01:13 PM
#30
Pole Position
Join Date: Apr 2012
Location: TX
Posts: 278
Likes: 0
Received 0 Likes
on
0 Posts
Using the 2AR-FXE setup would be a perfect fit. It's not a ton of power, but would be a good balance of spunk and economy. Hell, I was able to hit a hair over 55mpg during a 45 mile trip (equal city + highway) in the new Camry HV.