Eight Cheap Cars the Richest Americans Drive

Douglas A. McIntyre

8. Toyota Camry
> Average price: $24,237
> Type: Midsized car
> Total sold 2012: 243,816 (2)

The Camry was the second best-selling car or light truck in the United States through the first seven months of this year. The inexpensive, high-mileage car has been a staple of the Toyota line-up since 1982. The Camry is sold in both four-door and hatchback models. The Camry relies on a series of four-cylinder engines to keep gas mileage low. Toyota claims 6.8 million people currently drive Camrys in the U.S. The Camry is the fourth most popular car among the wealthy of Chicago.

7. Honda Accord
> Average price: $23,168
> Type: Midsized car
> Total sold 2012: 183,817 (3)

The Honda Accord is the third best-selling car in America so far this year. The Accord’s base model is a four-door sedan, and the vehicle is also offered as a two-door coupe. The Accord relies on a four-cylinder engine to achieve good gas mileage, but the high-end EX-L comes with a V6. The Accord was the first Japanese car built in the U.S. when production began in Marysville, Ohio, in 1982. This car is the third best-selling car among the wealthy of Manhattan.

6. Honda CR-V
> Average price: $30,197
> Type: Midsized SUV
> Total sold 2012: 167,236 (12)

The CR-V is Honda’s base SUV model. So far this year, it is the 12th best-selling car in America. The light truck is available in two-wheel and all-wheel drive. All CR-V models run on four-cylinder engines, which allow it to get an EPA estimated 31 MPG on the highway — an extraordinary number for an SUV. The Honda CR-V ranks as the second most popular car among wealthy residents of the Windy City and comes in fifth among the rich of Manhattan.

5. Volkswagen Jetta
> Average price: $25,290
> Type: Small car
> Total sold 2012: 96,832 (19)

The Jetta is at the heart of Volkswagen’s efforts to revive its sales in the U.S. Those sales faltered in the 1970s and early 1980s, and VW has only begun to regain market share recently. Despite a 34.1% improvement in sales in the first seven months of 2012, VW’s share of the American market is only 3.2%. The Jetta is the least expensive car or light truck that VW sells in the U.S. The base model sells for less than $17,000. The Jetta comes in 13 models, most of which get 34 MPG for highway driving because of the use of four-cylinder engines. Jettas with clean diesel engines are more expensive but have improved mileage numbers. This is the most popular car among Chicago’s wealthy, and the fifth most popular among the rich in Century City, a suburb of Los Angeles.