Friend did a full insurance review. Insurance on his Pontiac G8 went up. Was told the reason is the cars are being sold by their original owners to younger people and they, as a group, are getting more tickets and getting into more accidents.
Just wondering about our crowd.
Here’s another way of looking at the numbers from the Poll as of 26 June 2015 .…
To answer the basic premise of the OP …. Yes, the owners are getting younger. Its no secret that insurance premiums for younger drivers are higher. It has always been this way. An individual's Age (i.e. maturity), years of driving experience, and accident history have much more impact on insurance rates than the type of car. Once upon a time, sex also was a major rate determiner where young women’s rates were about ½ those of young men. This is no longer the case since women’s rates are now comparable to men’s in all age categories. Yeah for Equality. Certain cars classified as Performance vehicles have also commanded higher rates when compared to typical 4 or 6 cylinder transportation appliances. This fact has been represented in your Marauder rates from the beginning and is reflected using the “V” identifier in your VIN. However, the fact that some 25-30 year old wrecks a Marauder or gets a ticket has a negligible effect on my rates. Probably less impact than if a 64 year old totals a Toyota Corolla.
Owners are getting younger. In fact, the 2nd Owners (or 3rd or later) now represent nearly twice the number of the Original 1st Owners 65 and younger. So, MM.Net membership is getting younger too !!
It is interesting that there seems to be an equal appeal of the Marauder across all age groups up to the 66+ Group no matter when they bought their MM.
The current “Bell Curve” distribution of the original 1st owners is pretty similar to the distribution of ages back in the 2003-2004 timeframe. This seems to indicate that those who sold their MMs did so in direct proportion to the number represented. That is, no one particular age group is/was more likely to sell their MM over the past 12 years.
2nd Owners that are Age 35 or younger outnumber the Original 1st Owners in that group by almost 5 to 1. So, if you happen to meet a younger MM driver, chances are pretty good that he didn’t buy it when it was new. The original $35K MSRP sticker price probably has a lot to do with that fact.
2nd Owners that are Age 36 to 50 outnumber the Original 1st Owners by almost 2.25 to 1. Chances are still fair that Owners in that age group will be a 2nd Owner.
1st and 2nd Owners that are Age 51 to 65 are exactly equal at 1 to 1. These are the people who were in the original marketing target group when the car was introduced. Looks like they hit the bullseye.
1st Owners ages 66 and up outnumber the 2nd owners by 5 to 1. This just seems to indicate that if you were in your mid-50s back in 2003-2004 and couldn’t afford the MM or didn’t like it for some reason, then it is rather unlikely (but not completely impossible) that you would buy one now as the prices dropped to more reasonable levels.