Record sales have created used car inventory for all vehicles and that includes the luxury category.
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.
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?
Those not familiar with the i8 you should know it looks like one of those Italian exotics named Ferrari or Lamborghini. The theme with this car inside and out is modern luxury and BMW type driving performance.
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?
A vehicle’s design can be hit or miss at launch and that fact is usually reflected in how well it sells upon introduction. If they fly out of the showroom and get rave reviews from enthusiasts victory is claimed and a feeding frenzy begins resulting in long waiting lists. Over time some age gracefully and others won’t.
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.
The greater the supply the lesser the demand and that impacts price. This is where we come in. PoorManRichCars.com was created to let buyers beware. Beware of the fact that luxury is closer than you think.
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.
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.