Why do business owners like to buy luxury cars?

Updated on Car 2024-07-04
32 answers
  1. Anonymous users2024-02-12

    There are times when bosses are short of money

    The boss is short of money, not that they have no money to live on, and they don't have cash to expand generation or purchase, after all, doing business is all about making the difference. Therefore, a lot of business has to be produced in advance, and the buyer's funds will not be in place all at once, and you are spending in advance before receiving the payment for the order. If you do more business, the more money you have to lose in advance, and the more money your boss will have.

    Unlike ordinary people who have no money, once they don't have money, they can't expand, but if they don't want to expand their business, they will make less money.

    Therefore, when some big bosses say that they are short of money, it means that they are really having difficulties in capital turnover. As a boss, the lack of money in his eyes is not the lack of money in life, but to expand his business.

    A luxury car is a guarantee that the supplier and lender will see

    Even if the supplier and the boss have been familiar with the business for a few years, they still have some precautions, especially if they run away, they are afraid that they will not be able to recover the money after running away. How can I make them feel more comfortable extending their account periods? It is best for the boss to show that he has such financial ability, to show others that he is absolutely fine, and there is something real to mortgage in case of problems.

    At this time, having a luxury car can do the trick. Driving a luxury car is not only to show off, but also to guarantee the economic conditions of the boss, and the luxury car itself is also very valuable. As a boss, you can't afford to be in a car, so how do you convince people that you've made a lot of money?

    Especially the young and just starting boss, you drove a second-hand compact car last month, but you changed to Mercedes-Benz within a few days, you don't have to open your mouth at all, and the aura will naturally come.

    Many circles need luxury cars as companions

    Doing business in our country depends on connections, you as a boss want to go to the next level, you must do business with a higher-level boss, think about it, when you make an appointment to eat and drink tea friends are driving luxury cars, and you yourself drive an economic car, the sour taste is needless to say, even if others don't say it, you can probably guess one or two in your heart, then it will be more difficult for you to integrate into that circle.

    So: many owners who are just starting out, the house may not be very bigBut no matter how they take out the loan, they have to buy a luxury car to support the scene. In the past, I would think that these people were really pretending, but now I kind of understand that it's not easy to do business, and other people don't believe you if you don't stand up to the scene.

  2. Anonymous users2024-02-11

    Reasonable tax avoidance, buy a luxury car worth 10 million, you can avoid taxes by nearly 5 million.

  3. Anonymous users2024-02-10

    It's because driving a luxury car will make them look very rich, and when they work with other bosses, they will also make the boss feel like a very powerful company.

  4. Anonymous users2024-02-09

    In order to support the façade, a luxury car can give people the feeling that the boss can afford to buy this car, which means that it is a very good company, otherwise it will not make so much money to buy this car. This can be extended to the fact that he is a powerful person and wants to cooperate with him, which can bring him a certain amount of business.

  5. Anonymous users2024-02-08

    Because the owners of these companies want to prove their financial strength through luxury cars, which is also a way to improve their self-confidence.

  6. Anonymous users2024-02-07

    Because they want to show their identity and status through luxury cars, and when negotiating, as soon as the other party sees this battle, they will have a little more sense of trust, and at the negotiation table, it will also increase the bargaining chips in the negotiation.

  7. Anonymous users2024-02-06

    Because this can make the bosses of these small companies have a special face, and it is also more advantageous when they go out to socialize.

  8. Anonymous users2024-02-05

    This is because the owners of these small companies want to improve their competitiveness in this way, and they also want to make themselves more face-saving through this way, and they are also very decent when they go out to sign contracts, and in this way, they can also improve the probability of success in signing contracts.

  9. Anonymous users2024-02-04

    It's because these little bosses are very face-loving. Although they don't make a lot of money, they are quite willing to buy luxury cars.

  10. Anonymous users2024-02-03

    Because the owner of small and medium-sized enterprises is in business, doing business is the façade, and the façade is the feeling of the first impression.

    Before meeting the client for the first time, it is a stranger, and after dealing with the client once, it is an acquaintance.

    Shopping malls are like battlefields, and if you want to make profits, you have to surpass your peers.

    Having a strong partner is needed by businessmen.

    Luxury cars are one of the representatives of strength in social situations, because the cost of maintaining a car is expensive, which proves that this boss is not bad for money.

    The company's cars, expenses, and maintenance can be used as the company's daily expenses, operating costs.

    A company that purely needs to go outside to run business and pull orders needs to make up for the façade.

    Going out to meet customers has more face, giving customers a long face, luxury cars can also increase the conversation with customers, no one doesn't love luxury cars.

    If people in the same industry will talk about the company's luxury cars, as a daily conversation, the company will be passed on to have sufficient cash flow and strong strength.

    In this way, many peers are willing to take the initiative to deal with each other, which is beneficial to the company's business development.

    A team, a collective, public image is very important, which is similar to the rich people like to spend a lot of money to beauty, improve the image, which is equivalent to enhancing their own social value.

  11. Anonymous users2024-02-02

    1. The boss will be short of money.

    The lack of money here cannot be understood as the boss has no money in his hands, but does not have enough money to purchase and produce in advance, because doing business is always the difference between the cost of earning and the selling price. Note that the key here is "in advance", basically any business has an account period, and you are spending in advance for the period of time before you get back the payment. The larger the size of the business, the larger the scale of the advance expenditure, and the less money the boss will have.

    If you don't have money, you can't scale, and if you don't scale, you can't make more money. So, don't think that a boss is pretending to be poor by shouting about lack of money, he is likely to be really short of money. In the eyes of a boss, money is not what ordinary office workers consider about food, clothing and transportation, but how to turn over liquid funds.

    2. If you lack money, you have to go to financing.

    Financing, now is nothing more than these ways, bank loans, private loans and the account period given by the business. However, bank loans require a series of approvals such as physical collateral and risk assessment, and the procedures are cumbersome. Private lending is basically usury, unless 100,000 is urgent, the average boss will not take this road; Therefore, it is the most practical and convenient way for merchants to postpone the checkout cycle. Once the expenditure for the month is reduced, the pressure on cash flow will be much reduced, and this ideal must be easy for everyone to understand.

    3. Luxury cars are a direct guarantee to solve the worries of leading businessmen.

    **No matter how familiar the business and the boss are, it is inevitable that there will be a trace of doubt in their hearts, afraid that the boss will suddenly disappear and run away, and the payment will not be recovered. How can I make them feel more comfortable extending their account periods? The boss must show some specific economic strength, so that the best businessman believes that the boss's economic situation is good, there will be no problems in the near future, and there are real things to mortgage in case of problems.

    In this case, buying a luxury car should be a more straightforward approach. A luxury car is not only a symbol of strength, but also represents a kind of economic self-confidence of the boss, and it is also a valuable commodity. If a boss's personal consumption is shabby, then why should others believe that your business is running well?

    Especially for those bosses who have just started their careers, don't look at you a few days ago and still drive a second-hand Jetta, and suddenly change to a Range Rover, you don't have to open your mouth at all, the aura has already come out.

    4. China's circle culture needs luxury cars as a pass.

    China does business pay attention to circles and connections, a boss's career wants to become bigger, must deal with those who have the strength, just imagine, when you make an appointment to eat and drink tea friends are driving luxury cars, and you are driving a 100,000 car, the gap is very obvious and direct, even if others don't say it, the heart will intentionally or unintentionally reject you, then it is more difficult for you to integrate into that circle.

    In the early days of their business, many bosses may live in relatively small and dilapidated houses, but they have to buy a luxury car no matter how they take out a loan. In the past, I thought it was pretending, but now I kind of understand that the bosses don't live easily, and no one will believe them if they don't pretend!

  12. Anonymous users2024-02-01

    This is the current phenomenon of doing business, caused by face and vanity, which can not be blamed for everyone having this kind of thinking, born in the business era, maybe everyone values the surface of the glamorous, the surface of the glamorous seems to represent a person's strength phenomenon, although I don't like it, but I have to accept that this is the reality of the current society!

  13. Anonymous users2024-01-31

    This is all about getting rich and showing off your wealth. From being poor to being rich now, I always want others to know. So first of all, if you have the money, you can buy a luxury car first. People who are really rich don't buy luxury cars.

  14. Anonymous users2024-01-30

    There are some bosses of small and medium-sized enterprises, although the company is not big, but they like to buy luxury cars, which means that they also want to save face and want to raise their status, driving luxury cars to go out to do errands, etc., are more face-saving, most of the bosses of small and medium-sized enterprises think so, because luxury cars can also represent an identity from a certain point of view.

  15. Anonymous users2024-01-29

    Because the car is sometimes a symbol of a person's status, when they go to meet customers, customers sometimes judge the strength of the company by the car they drive.

    So this is also a face of the company, better to do some marketing publicity.

  16. Anonymous users2024-01-28

    Some small and medium-sized enterprises are not big, but they like to buy luxury cars, I think there are two aspects, the first may go out to do things more stylishly, and the second is actually to buy luxury cars now because the input of the car can be deducted from the input VAT of the enterprise.

  17. Anonymous users2024-01-27

    First, on the one hand, luxury cars are a symbol of status, customers will feel that the company is powerful when they see luxury cars, and they will rest assured that they will cooperate with them, and they will also make customers feel that they have face when they pick up and drop off customers with luxury cars. Second, buying a luxury car in the name of the company can be tax deductible, and now there is a very tax policy, which can offset the profits of the current year with the money spent on buying a luxury car, and pay no or less corporate income tax.

  18. Anonymous users2024-01-26

    Why do some small and medium-sized business owners always like to buy luxury cars when their companies are not big?

    There are several reasons, on the one hand, the company is his, the money is also his, and he spends it how he wants. Unlike the leaders of state-owned enterprises who buy a luxury car, they need to be approved at various levels?

    On the other hand, the reason is also to save face! There is a style to go out in a luxury car, and there is a person who is not rich in background is most afraid that others will look down on him, so entering and exiting a luxury car can support the façade, they don't like to be low-key, and the nouveau riche face is talking about this situation.

  19. Anonymous users2024-01-25

    Although the company is not big, it does not mean that people make less money.

    Maybe the company's profit level is very high, for example, there are some small restaurants, sometimes you can get hundreds of thousands of dollars a year.

    Besides, you also have to satisfy the psychology of the nouveau riche, and the size is also a boss.

  20. Anonymous users2024-01-24

    Every boss pursues differently, some bosses pursue the development of the enterprise, and some bosses are vain and want to put on their own platoon, so usually, the smaller the company, the more the boss will pretend. I am willing to buy a luxury car.

  21. Anonymous users2024-01-23

    These small and medium-sized boss companies don't look big, they can be big, these bosses have strong vanity and love to show off, and buy a luxury car, there is a smooth journey, and the car is good and broad.

  22. Anonymous users2024-01-22

    Although they are the owners of small and medium-sized enterprises, their ideas are very grandiose, they may be to go out to negotiate business, and some social aspects are more respected by others, so they will buy luxury cars, in order to save face better.

  23. Anonymous users2024-01-21

    Because some small and medium-sized enterprises are 500, they don't like to buy luxury cars in the company. I overtake is a façade thing, everyone knows that a car everyone goes out to have face, and then I feel that I am more powerful in the company.

  24. Anonymous users2024-01-20

    On the one hand, it may be that when the economy improves, you want to change to a better car, and on the other hand, it may be the vanity that everyone will have, although the company is not big, but it is also a boss, and the face is passable.

  25. Anonymous users2024-01-19

    Because small and medium-sized enterprises pay relatively little fees and earn a lot of money, it is said that the boss buys a luxury car and drives a luxury car, which is very beautiful and dazzling.

  26. Anonymous users2024-01-18

    The bosses of some small and medium-sized enterprises have outdated thinking and good face, so the scale of enterprise development is not very good, but they like to buy luxury cars and install facades.

  27. Anonymous users2024-01-17

    There are many small bosses who get rich overnight, so they like to show off. But in reality their wealth does not last long.

  28. Anonymous users2024-01-16

    Because the enterprise is not big, it needs a luxury car to fill the façade! Talking about business with other big companies won't be left behind!

  29. Anonymous users2024-01-15

    Because they think that the car is the face of a company and can solicit business for the company.

  30. Anonymous users2024-01-14

    If you buy it in the name of the company, you can get a tax deduction.

  31. Anonymous users2024-01-13

    It can be deducted from taxes and can support the façade.

  32. Anonymous users2024-01-12

    If you can't make ends meet, of course, you can make friends with some people from the upper class.

    A lot of bosses are sometimes short of money:

    Saying that there is no money is not the lack of money in everyone's mouth, and the lack of money here means that the boss has no money to turnover, but that there is not enough cash to purchase and open a business, because doing business is always the difference between the cost of earning and the selling price.

    Stay, here you need the bosses to press the goods and funds in advance, and the buyer's funds will not be in place at one time, and you are spending in advance before recovering the payment. And the bigger the business, the higher the upfront fees, and the more the bosses are short of money. If you don't have money, you can't expand if you don't have money, and if you don't expand, you can't make money.

    Therefore, when some big bosses say that they are short of money, they are likely to be really short of money. For the big boss, money is not used for living expenses, but for the temporary shortage of money for working capital.

    A luxury car is a guarantee that the supplier and lender will see

    Even if the supplier and the boss have been familiar with the business for a few years, there are still some precautions, and now there are many things in the world, so I am afraid that I will not be able to recover the money after running away. So how can you convince others that you will be able to pay back in the end? It is best for the boss to show that he has such financial ability, and that having a luxury car can convince others that your foundation is good, and that it is absolutely fine in the short term, even if there is at least one luxury car that can be mortgaged.

    So for the boss, buying a luxury car kills two birds with one stone. In addition to representing your strength, a luxury car also allows others to recognize your economic strength, and the luxury car itself is also very valuable.

    If a boss's personal consumption is shabby, then why do others think that you can make money yourself? Especially for those owners who are just starting out in their careers, you also drove a second-hand compact car last month, and this month you changed to a Range Rover, you don't have to say anything, and others know that you are making money.

    China's circle culture needs luxury cars as a pass:

    Cooperation between Chinese people is fancy to connections, a boss wants to do big business, must deal with those who have strength, think about it, this group of people ask you to have a tea and eat together, and you drive a 100,000 car, then other people's eyes will change, even if others do not say, you yourself will be inferior in your heart, then it will not be easy to do business with them.

    So: when doing business, the house may not be very big, but no matter how much they take out the loan, they have to buy a luxury car to support the scene. In the past, I thought this person was too good at pretending, but now I have figured it out, it's too difficult to be a boss, and no one will believe me if I don't pretend.

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