Now that you've decided you have the financial wherewithal to pursue a weekend fun toy, now what do you do? Well for starters you are in the right place.
Record sales have created used car inventory for all vehicles and that includes the luxury category. It’s simply supply and demand. The greater the supply the lesser the demand and that has a downward impact on price.
I will never buy a used vehicle of any kind without seeing what the CARFAX report says. That report is invaluable as it shows a wealth of information that gives you a better picture of what you might be getting into should you decide to buy the vehicle.
Depreciation is your friend when you buy used and almost any car you buy new is as certain as death to depreciate but there are some exceptions to the rule. There are a few modern luxury performance sports cars that are still fun to drive and no longer depreciating. Here are five.
Remember when real men drove manuals? If you are younger than twenty-five you are probably lost right now but keep reading, as you are about to be enlightened. I’m talking manually shifting your car’s transmission.
The Tesla brand will always be known as the brand that put electric luxury cars on the map. They proved that there was a real interest with varying levels of demand for electric luxury. While Tesla's rise has been littered with speed bumps sales continue to rise and they are starting to show up on pre-owned lots.
In todays ever changing automotive world there seems to be a new model entry almost every year. However, there are still a handful of cars that have never wavered and have stayed true to their heritage since inception. It can be argued that the Porsche 911 is the most iconic of them all as for more than fifty years it has stayed true to its mission and form.
It’s a crazy and confusing time to be in the market for a new vehicle BUT it’s also a great time because lines have been blurred across domestics and imports, luxury and non-luxury. The one constant that remains despite the record level sales is cars are a necessity even in places like New York City and most Americans dream of luxury ownership.
The glut of inventory for luxury vehicles from prestige brands has made owning a luxury vehicle more affordable than ever if you consider buying pre-owned. Whether you are buying near new or something older that is a certified pre-owned vehicle there isn’t an argument based in good logic to buy new.
Record sales have created used car inventory for all vehicles and that includes the luxury category. It’s simply supply and demand. The greater the supply the lesser the demand and that has a downward impact on price.