- Oct 12, 2006
The boss just wants a simple ride
Think captains of industry are all driving top-of-the-line luxury sedans like the Mercedes S-Class or Jaguar XJ8? Think again. Business Week theorizes that most CEOs just want a simple set of wheels that will reliably get them to and from the corner office and to their next appointment with a minimum of fuss.
According to a pole conducted jointly by Cars.com and CareerBuilder.com, the average CEO spends less than $25,000 on a car, while only 19), followed closely by SUVs (24) or vans (9). (The size of the companies whose CEOs were surveyed was not specified.)
[Source: Business Week via StraightLine]