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	<title>On Wheels in Heels &#187; online shopping</title>
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		<title>Online Shopping Continues to Grow &#8211; But Not For Luxury Cars</title>
		<link>http://onwheelsinheels.com/online-shopping-big-but-not-for-luxury-cars/</link>
		<comments>http://onwheelsinheels.com/online-shopping-big-but-not-for-luxury-cars/#comments</comments>
		<pubDate>Fri, 18 Jul 2008 15:54:22 +0000</pubDate>
		<dc:creator>Xena</dc:creator>
				<category><![CDATA[Exotic Cars]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[luxury cars]]></category>
		<category><![CDATA[Luxury Institute]]></category>
		<category><![CDATA[new cars]]></category>
		<category><![CDATA[online shopping]]></category>
		<category><![CDATA[Paula Felps]]></category>
		<category><![CDATA[showroom]]></category>

		<guid isPermaLink="false">http://onwheelsinheels.com/online-shopping-big-but-not-for-luxury-cars/200</guid>
		<description><![CDATA[<div style="display:inline;float:right;margin-left:1em"><g:plusone href="http://onwheelsinheels.com/online-shopping-big-but-not-for-luxury-cars/"></g:plusone></div>
More and more wealthy Americans are turning to the web to get their shopping done, but when it comes to luxury cars, they&#8217;d rather hit the showroom floor. That&#8217;s the final word from a study conducted by the Luxury Institute, which found that, while shopping online for luxury goods is way up, only about one-fourth [...]]]></description>
			<content:encoded><![CDATA[<div style="display:inline;float:right;margin-left:1em"><g:plusone href="http://onwheelsinheels.com/online-shopping-big-but-not-for-luxury-cars/"></g:plusone></div>
<!-- sphereit start --><p><a href="http://onwheelsinheels.com/wp-content/uploads/2008/07/front-bentley-in-studio-1927-low-res.jpg" rel="lightbox[pics200]" title="Bentley in showroom"><img src="http://onwheelsinheels.com/wp-content/uploads/2008/07/front-bentley-in-studio-1927-low-res.thumbnail.jpg" alt="front bentley in studio 1927 low res.thumbnail Online Shopping Continues to Grow   But Not For Luxury Cars" class="imageframe imgalignright" height="144" width="200" title="Online Shopping Continues to Grow   But Not For Luxury Cars" /></a>More and more wealthy Americans are turning to the web to get their shopping done, but when it comes to luxury cars, they&#8217;d rather hit the showroom floor.</p>
<p><a href="http://onwheelsinheels.com/wp-content/uploads/2008/05/audi-front-on-road-low-res-4883.jpg" rel="lightbox[pics200]" title="audi-front-on-road-low-res-4883"></a><a href="http://onwheelsinheels.com/wp-content/uploads/2008/05/audi-front-on-road-low-res-4883.jpg" rel="lightbox[pics200]" title="audi-front-on-road-low-res-4883"></a>That&#8217;s the final word from a study conducted by the Luxury Institute, which found that, while shopping online for luxury goods is way up, only about one-fourth of us are comfortable buying our cars that way. The study, which surveyed households with an average net worth of $2.9 million, provides some interesting insight into high-end shopping.</p>
<p>Luxury shoppers appear to be much more at ease buying real estate or big-ticket jewelry items online; nearly 40 percent are content to do so. And nearly two-thirds of people with annual incomes of $150,000 or more are OK with buying fashion apparel or finding wealth advisors online. But when it comes to cars &#8211; well, the showroom experience just can&#8217;t be beat. Maybe it&#8217;s that new car smell.</p>
<p>&#8220;These highly tactile, big-ticket luxury items are generally better experienced rather than simply presented on a website,&#8221; explains Milton Pedraza, Luxury Institute CEO. However, that doesn&#8217;t mean luxury players don&#8217;t need a presence on the web.</p>
<p>Nearly two-thirds of all high-end shoppers go directly to the web to get more information on their purchases before they buy. So while today&#8217;s consumers are reluctant to make online purchases beyond $10,000 (the average comfort threshold for online purchases was about $3,294), the overall shift toward more online activity is making its way to higher end purchases.</p>
<p>So does that mean it&#8217;s only a matter of time before you&#8217;ll buy that new Aston Martin online? Time will tell. As Pedraza noted, it&#8217;s hard to truly get the &#8220;wow&#8221; effect from a web site; nothing beats walking into the showroom and driving off with a brand new steering wheel in your hands. This could be one experience that even technology can&#8217;t replicate &#8211; or replace.</p>
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