8 Cheap Cars the Filthy Rich Love to Drive

When it comes to their cars, the wealthiest Americans are cheapskates

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8 Cheap Cars the Filthy Rich Love to Drive

2012 volkswagen jetta sedan 8 Cheap Cars the Filthy Rich Love to Drive

#5: Volkswagen Jetta

  • Average price: $25,290
  • Type: Small car
  • Total sold 2012: 96,832

The Jetta is at the heart of Volkswagen’s efforts to revive its sales in the U.S. Those sales faltered in the 1970s and early 1980s, and VW has only recently begun to regain market share. Despite a 34.1% improvement in sales in the first seven months of 2012, VW’s share of the American market is only 3.2%. The Jetta is the least expensive car or light truck that VW sells in the U.S. The base model sells for less than $17,000. The Jetta comes in 13 models, most of which get 34 MPG for highway driving because of the use of four-cylinder engines. Jettas with clean diesel engines are more expensive but have improved mileage numbers. This is the most popular car among Chicago’s wealthy and the fifth most popular among the rich in Century City, a suburb of Los Angeles.

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Article printed from InvestorPlace Media, http://investorplace.com/2012/08/cheap-cars-the-rich-love-to-drive/.

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