Record sales have created used car inventory for all vehicles and that includes the luxury category.
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.
If you are considering buying a new 2017 Ford Mustang GT Fastback (coupe) it’s iconic; it’s patriotic and offers great value compared to a similar import. You’d get little argument from me but my philosophy is lease new and buy pre-owned so does it really offer that much value if you are buying?
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!
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. Factor in depreciation with high levels of inventory and the advantage goes to you the shopper. Depreciation is your friend!
BMW's famed M3 is in its fifth generation and one of the most desired sports coupes on the planet at any price point. Previous M3 coupes are now called the M4 with an MSRP over $65,000.00 and no longer the entry model to the exclusive “Club M”.
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. This was part art and part science so in other words it required skill and knowledge.
Most of the luxury auto brands selling pre-owned (used) vehicles have some sort of “certified” program. The vehicle sitting on the lot has either already been prepped or “certified” or you can get it “certified” for some incremental cost of the vehicle in question. Since Ferrari is “special” their certified programs entail both points previously mentioned meaning the car is certified and you must pay monies incremental to the sale price of the car. It’s more complicated than keeping up with all the Kardashian love interests but let me try to clarify.
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.
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.