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BMW Convertible

Are Women More Driven Than Men?

Women are gaining more and more power, not only in political and business leadership, but also in an important segment traditionally linked to men: the car.

For the first time in the history of the car industry, a Frost & Sullivan report finds that the number of women with driving licenses (DL) in the U.S. over took that of men, not just in one of the young age groups, but (as shown on the chart below) consistently across all age groups greater than 25. The trend accelerates for over 55s and shows a wide difference for women over 70. The trend is applicable consistently across all developed world countries, although the balance has tipped only in the U.S., but Canada is close to having more women with DLs with the ratio of licenses granted to women sitting at 49.95 percent and has already tipped in over 55s. The U.K. is expected to follow suit within three to four years as current data shows that new driving license applications for men in the country are declining and those for women have grown by 2.5 percent in last three years. Even male dominated car markets like Germany, where 40 percent of drivers licenses are granted to women, has shown one of the highest growth rates for women with DLs in the last three.

 

Although it is hard to make predictions on trends related to car ownership, it is clear that 80 percent of car buying decision is now influenced by women.  While buying a new car, women are practical and tend to connect the purchase to the ideas of freedom and independence. They prefer small and maneuverable cars, but further give importance to design, spaciousness, safety, quality of materials, vehicle color and sustainability of the car. They like options like park assist, clear lighting for petrol and easy access, integrated systems for mobile devices, entertainment (especially moms) and everything that can make car-time easier and more intuitive. For this reason, in few years women will look towards cars with advanced features like autonomous – driving, digital assistants and other health wellness and well-being features, celebrity endorsements, in comparison to men who will focus more on researching the vehicle’s technical specifications.

Women  also have a tendency to base their purchasing decision on the status of the car itself or associated values like color and comfort and, when it comes to volume brands, are less likely to associate themselves with a brand, model or car variant (hatchback or saloon, for example). This is the opposite when it comes to luxury brands, where women show high interest in the brand and endorsements of the brand by celebrities. Case in example is the new Land Rover Evoque, which was endorsed by Victoria Beckham, the famous Spice Girls singer, and has been the first Land Rover model that has more women customers (60 percent) to men. Other example of cars women have bought in greater quantities to men include – Nissan Kia (3 door with 65 percent female buyers), Mercedes SLK (reportedly 60 percent female buyers) and Fiat 500, for which women account for 70 percent of sales, given its almost infinite customization possibilities and some models conceived specifically for women (500 by Gucci, 500 Pink). Yet women do not only like small city cars, as there are trends seeing to purchase expansion in segments traditionally dominated by men: SUVs and luxury cars.


So guys, next time you get overtaken by a woman in the fast driving lane, don’t feel like you’re being challenged, rather get used to it.

To learn more on A Better Way to Lease or Buy a New Car in NY, NJ or CT, visit Car Leasing Concierge's website at - www.carleasingconcierge.com - or call us at 1-800-886-1950.


 

 

Buy or Lease a New BMW Convertible With Car Leasing Concierge

With summer in full swing, there's no better time to go topless than right now. Car Leasing Concierge offers the best luxury car lease deals, as well as the best new car deals  for financing on the hottest BMW convertibles for 2016.

BMW 4 Series Convertible

With a fast retractable hardtop (20 seconds) and a sharp, stylish body, everything about this $50,000 (MSRP) ride screams luxury performance. Sporting a turbocharged 240 horsepower, 2.0L Inline4 engine only adds to the fun. Available front and back seat neck warmers will allow you more comfort when temps drop at night. Looks, spirit, personality – it’s all here!

Changes are under way for the BMW 2 Series, but they are unlikely to lessen our enthusiasm for the world’s most sporty coupes and convertibles. Both the 228i’s turbocharged four-cylinder and the M235i’s six-cylinder turbo give way to fresh replacements from BMW’s new modular engine family. Both offerings also boast increased power, torque, and efficiency!

The BMW 6 Series remains one of the legendary manufacturer’s classiest offerings to date. BMW 6 Series models feature full-LED headlights as standard equipment. These new headlights feature integrated signal indicators. BMW again offers head up display, lane departure warning, active cruise control and the latest iDrive with touch controller. All best bets to get you to your destiny without even breaking a sweat!

 The 2017 BMW 650i Convertible

The BMW 650i Convertible and the 650i xDrive Convertible have the unique “reverse-flow” 4.4-liter, TwinPower Turbo V-8 has been updated with Valvetronic, BMW’s throttle-less intake system. It works in concert with High Precision Direct Injection and twin turbochargers, nestled on top of the engine, to deliver 445 hp and 480 lb-ft of torque. MSRP starting at $120,000

We invite you to experience a better way to buy or lease a new car with Car Leasing Concierge.

Visit our BMW Page to view models and basic MSRP price examples, then go to our Car Price Check page to get started.