TSX target market

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Old Mar 25, 2007 | 10:24 AM
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TSX target market

What's Acura's target market for the TSX.

age
gender
family size
Education
income
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Old Mar 25, 2007 | 10:26 AM
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Im not quite sure, but I would have to say young adult area... 22-40.
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Old Mar 25, 2007 | 10:27 AM
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gay
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Old Mar 25, 2007 | 10:33 AM
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Originally Posted by Whiskers
gay

:ghey:
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Old Mar 25, 2007 | 10:36 AM
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Young professionals... I recall reading the following in previous posts:

Age: ~30
Income: ~80K

Probably not far off from the RDX target.
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Old Mar 25, 2007 | 10:38 AM
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22-45


Although I've seen a range of people who've driven the car from teens to senior citizens, 26 yr old female to a 65 yr old retiree.
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Old Mar 25, 2007 | 11:41 AM
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if you look at their commercials, young professionals.
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Old Mar 25, 2007 | 01:04 PM
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Originally Posted by Whiskers
gay
Explains why you bought one.

If I remember correctly it was like blacknblue said. ~30 with an income of 80K per year.
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Old Mar 25, 2007 | 02:47 PM
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From the 2004 introduction:

http://www.hondanews.com/search/rele...raphic&s=honda

Target Buyer

Young. Hip. Technically astute. Raised on Japanese cars. Aspiring to own upscale brands. They are all of this and much more, but these terms perfectly define the buyers that are attracted to the distinctive styling of the TSX, its advanced engineering and sporting handling. Today's leading automotive designs are sporty and aggressive, and TSX buyers will recognize these cues in the newest Acura sedan immediately.

Acura TSX target buyer demographics:

* percent male
* Median age 33 years
* 55 percent married
* 85 percent college educated
* $80,000 median household income

These young and affluent buyers have an emotional attachment to their cars, but require a rational base to support their purchases. The TSX supports both needs with its outstanding handling, strong engine performance, distinctive overall design character, and the world-class quality inherent in all Acura products.
They've made some changes for 2006:

http://www.hondanews.com/search/rele...raphic&s=honda

Target Buyer

Young. Hip. Technically astute. Raised on Japanese cars. Aspiring to own upscale brands. They are all of this and much more, but these terms perfectly define the buyers that are attracted to the distinctive styling of the TSX, its advanced engineering and its sporting handling. Today's leading automotive designs are sporty and aggressive, and TSX buyers will recognize these cues in this sporty Acura sedan.

Acura TSX owner demographics:

* 50 percent male
* Median age 43 years
* 60 percent married
* 78 percent college educated
* $86,000 median household income

These young and affluent buyers have an emotional attachment to their cars, but require a rational base to support their purchases. The TSX supports both needs with its outstanding handling, strong engine performance, distinctive overall design character, and the world-class quality inherent in all Acura products.
From reading both (I didn't bother posting the 2005 demos) it looks like the acura marketing department has someone that can "cut and paste" as good as I can That being said, there is alot of good info on the hondanews site....
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Old Mar 25, 2007 | 05:24 PM
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Originally Posted by 04EuroAccordTsx
22-45


Although I've seen a range of people who've driven the car from teens to senior citizens, 26 yr old female to a 65 yr old retiree.
It really depends..
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Old Mar 25, 2007 | 08:11 PM
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Indeed I have seen a large range too. Sadly.. for some reason at least for my area, I' ve seen a majority of Asian mothers driving them... =(
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Old Mar 25, 2007 | 09:15 PM
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whoever have cash. that's their main target
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Old Mar 25, 2007 | 09:20 PM
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shit, $86,000/yr and I probably wouldnt be driving an Acura...
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Old Mar 25, 2007 | 09:49 PM
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Did you mean you would be driving something more/less expensive?

Originally Posted by Brandon24pdx
shit, $86,000/yr and I probably wouldnt be driving an Acura...
This is interesting. There was a thread about the posters' income on the TSX board a little while ago. Many of us have several times that income (i.e. 6 figures) and we were all driving a TSX. Not an RL. Not even a TL. I guess it's all about priority. If you have a mortgage for the primary residence, a mortgage for your rental property, and then also monthly payment into investment accounts, then even 6 figure annual income does not seem like that much anymore, and certainly a TSX is a nice enough car then...
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Old Mar 25, 2007 | 10:45 PM
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id say mid to late 20s, around 40k a year...
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Old Mar 25, 2007 | 10:45 PM
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Originally Posted by bighead411
whoever have cash. that's their main target
and them too
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Old Mar 26, 2007 | 08:19 AM
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Originally Posted by ostrich
Many of us have several times that income (i.e. 6 figures)

Or many of us are full of shit.
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Old Mar 26, 2007 | 08:24 AM
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If I was making 86K, I would be driving either an Infiniti M35/45 or a BMW 335i. I don't know this is why Honda needs to make Acura more upscale, because Acura is always seen as the entry level or stepping stone to a luxury brand until you have a better job or more money and then you move up to the big boys like Mercedes, BMW, Lexus, Infiniti, and Audi.
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Old Mar 26, 2007 | 09:06 AM
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Originally Posted by Brandon24pdx
shit, $86,000/yr and I probably wouldnt be driving an Acura...
Actually, with a house and family, making about $86K, an Acura TSX is about right. The numbers above say 55% married and at that age, most will be home owners sapping up more of their income.

Last edited by RaviNJCLs; Mar 26, 2007 at 09:08 AM.
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Old Mar 26, 2007 | 09:14 AM
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Are we talking about household income or just the owner's income?
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Old Mar 26, 2007 | 09:16 AM
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Originally Posted by FastAcura
Are we talking about household income or just the owner's income?
* 50 percent male
* Median age 43 years
* 60 percent married
* 78 percent college educated
* $86,000 median household income
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Old Mar 26, 2007 | 09:21 AM
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Originally Posted by RaviNJCLs
Oh i see, that makes sense.
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Old Mar 26, 2007 | 09:23 AM
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86K seems about right to me... for a $30K car.

I've seen some online "how much car can I afford" calculators say "For most people, 15% of after-tax monthly income is appropriate for total monthly car payments."

I don't think you're suposed to exceed 28% of of your income on housing (mortgage, taxes, etc), so to spend 15% on a car seems a bit much to me, but I guess that's the average.

I know alot of us bought an Acura because it's a great bang for the buck, so you would think that most of us wouldn't be spending an inordinate amount of our incomes on a depreciating asset.

Originally Posted by dom
Or many of us are full of shit.
ostrich, SEVERAL means multiples of 3 or more... a couple is 2 times.... so I'm guess when you say you make more then several times that figure (86K x 3), you're saying you make 258K or more ?? Damn, with that kinda money I'd have the house paid off and be driving a M3 (at least).
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Old Mar 26, 2007 | 09:43 AM
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Originally Posted by dom
Or many of us are full of shit.
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Old Mar 26, 2007 | 09:48 AM
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Originally Posted by GreenMonster
86K seems about right to me... for a $30K car.

I've seen some online "how much car can I afford" calculators say "For most people, 15% of after-tax monthly income is appropriate for total monthly car payments."

I don't think you're suposed to exceed 28% of of your income on housing (mortgage, taxes, etc), so to spend 15% on a car seems a bit much to me, but I guess that's the average.

I know alot of us bought an Acura because it's a great bang for the buck, so you would think that most of us wouldn't be spending an inordinate amount of our incomes on a depreciating asset.
Hmm....a while ago (I think it was on Edmunds) they had an article about what you can afford, and the figure they listed was no more than 6% of your gross monthly income on car payments, which sounds right to me. Your housing should not exceed 28%, and all together your debt should exceed 36% of your gross monthly income. Of course, if you live in a cheap area and your mortgage/rent is only 23%, then you can arguably afford more for a car payment. If you have credit card or other forms of debt, the amount you can afford would of course be less.

However, in figuring all of this out, I hope people are taking into account that they should be saving some money and not pumping all of their income into bills each month. Vacations, college savings for kids, retirement, etc. all need to be taken into account when figuring out how much you can really afford. It's usually less than what you think initially.
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Old Mar 26, 2007 | 09:59 AM
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^^^

I think the 15% includes payments aside from just the car payment. I'm actually a bit over, because my ezpass is almost $250 to $300 a month. Tolls kill me.
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Old Mar 26, 2007 | 10:05 AM
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Originally Posted by RaviNJCLs
^^^

I think the 15% includes payments aside from just the car payment. I'm actually a bit over, because my ezpass is almost $250 to $300 a month. Tolls kill me.
Ouch. Tolls will do that quickly. When I first started this job, I was commuting 110 miles round trip on the Turnpike, which was about $110 or so a month. Look out....they are thinking of putting tolls on 78, which would really suck considering how much congestion there already is on that road.
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Old Mar 26, 2007 | 10:20 AM
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Originally Posted by LuvMyTSX
Ouch. Tolls will do that quickly. When I first started this job, I was commuting 110 miles round trip on the Turnpike, which was about $110 or so a month. Look out....they are thinking of putting tolls on 78, which would really suck considering how much congestion there already is on that road.
I'm going from 9 to 14 on the T-pike and vice versa. Then 2 days a week, I'm heading into NYC. Plus my wife is in the city 1-2 days a week. It sucks. I spend about the same on gas every month.
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