When initially introduced in 2014 BMW actually had a waiting list because demand outpaced supply. Now only two years later when you do an online national search for an i8 there’s no less than several hundred "lightly used" or pre-owned i8s for you to consider. So what happened?
The 3 Series has enjoyed critical acclaim since it’s birth and rightfully so. It has been one of the best luxury values when new offering a great blend between usable performance and luxury and that value proposition has potential to increase with a pre-owned version.
Lamborghini is a luxury Italian brand mostly known for the exotic supercars they’ve been building since the sixties to compete with the likes of Ferrari and most recently Porsche. Their design language is unique with sharp and angular design queues and today the entry level Lamborghini model is the Huracan and has an MSRP of $199,800.00. At this point you might be wondering if you clicked on the wrong article as it is entitled “The Affordable Lamborghini” but have no fear you are in the right place.
Ferrari is an auto manufacturer that essentially does one thing. They produce some of the sexiest supercars on the planet, period. These cars are raced around the globe and their reputation for winning has given them “street cred” as an authentic racing brand, which has helped build the demand for their road going cars for more than fifty years. Their cars transcend language with men and boys singing their praise universally across the globe.
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.
PoorManRichCars.com was created to let buyers be aware of the fact that luxury is closer than you think. 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.
Those record sales have been achieved by selling more cars, SUVs, crossovers and trucks. Luxury brands are expanding their vehicle choices to offer more affordable ones so they can appeal to more buyers. Non-luxury brands are expanding their lineup to appeal to the luxury buyer with hopes they can lure them with a better value proposition.
There’s been a recent electrical surge occurring within the automotive industry and we are witnessing history with the global evolution of the electric car. This evolution is on par with what happened in the auto industry with the Model T a hundred years ago so it’s that significant and game changing!
In the last fifteen years luxury vehicles have been scattered across almost every type of vehicle ranging from the sedan to the sports car and SUV. There's still one vehicle type that on face value seems to be light on luxury and that's the pick up truck. I am here to tell you don't be fooled by the apparent lack of luxury.
Let’s do the math. A slightly used car defined as a two year old with an average depreciation rate of 15% per year leaves an entry level Bentley still priced at no less than $172,000.00 and that is clearly not “affordable” unless we are talking “Lifestyles of the Rich and Famous” so how is a Bentley affordable you ask?
