The top 1 percenters aren’t buying Bentleys, Lamborghinis or Ferraris.
Instead, the country’s most affluent car buyers are driving off in a Tesla or a Jeep.
Two of the five most popular cars among residents in 15 of the 25 wealthiest US zip codes — where median home prices range from $3.4 million to $6.7 million — include those typically associated with middle-income buyers.
Even buyers with plenty of disposable income to spare — think Silicon Valley — are opting for a luxury car that’s more of a social statement than a financial one.
The Tesla Model S, the first luxury all-electric vehicle, accounted for the most car sales in eight of the 25 most expensive zip codes, according to the latest Edmunds report.
The Jeep Grand Cherokee, with a sticker price of $28,690, came in third place, behind Mercedes, Edmunds said.