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.
Every month all the usual US auto publications from Car and Driver to Road and Track, Motor Trend and Automobile Magazine feature almost the same cars at the same time. That happens in part because the auto manufacturers give them access to the new models mostly at the same time. Then they add to the redundancy by creating “New Car ” and “Future Car” issues when every month in reality they review a new or future car in their publications.
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.
If you’ve been here before you know the mantra. Depreciation is your friend! If this is your first time and the headline caught your attention you won’t be disappointed.
Unless you are really rich there is no economically smart reason to buy a car new as they depreciate once you drive them off the lot and that’s a fact.
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.
The Chevrolet brand is not one typically associated with luxury but the automobile landscape has never been more convoluted as premium luxury brands introduce entry level sub $30,000.00 models, and brands of the everyday people introduce $100,000.00 plus models. Consider the high performing Corvette representative of the latter statement as their top of the line C7 Corvette Z06 nicely equipped will cost you over $100,000.00 for the right to say you are the owner.
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?
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.
