You Can't Have These Hot Cars
Car waiting lists are a reminder that money can't always buy happiness.
There are 7 billion people or so on this planet, and the number competing for hot cars and rare vehicles is growing as quickly as the population itself. Credit Suisse put the number of global millionaires at 35 million last year, but says that group will expand to 53 million by 2019.
Among those 35 million millionaires, there are 140,900 with $50 million or more, 50,800 with more than $100 million and 5,200 with more than $500 million. Forbes puts the number of billionaires at 2,043, up 13% from 1,810 last year. Meanwhile, according to Kelley Blue Book, the price of high-end luxury cars has held steady around $95,000, while the cost of high performance cars has increased nearly 1% during the last year to $92,000.
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