The luxury car industry wasn’t initially for everyone. But because of popular demand, there are now choices out there that can give you a sophisticated driving experience at a fairly reasonable price. You can get models under $30,000 from leading names in the industry, including Cadillac, BMW, and Audi. Although that’s still a steep price for most, luxury cars are now more accessible than ever before.
If you can afford to invest in a luxury car, are in the process of earning money for one, or at the fantasizing stage, investing in one is always a great choice.
Still not convinced? Below are five more reasons why luxury cars are an excellent investment, giving you great value for your money and significant returns.
High Resale Value
Although some people may prefer a brand over another, the resale value for luxury cars are usually high. Although every vehicle depreciates over time, some brands depreciate less than others, and here are the most popular ones:
The value of these cars depreciates less or may even increase over time, so if you damage your Porsche, bring it immediately to a reputable Porsche repair shop to take care of your investment. Bring it to someone who appreciates the workmanship that went into these vehicles and respects vintage models.
Better Safety Features
Luxury car manufacturers don’t take safety lightly, and a significant contributor to the high prices of their upscale vehicles is their numerous safety features. These include hill-start assist, blind-spot warning, airbags all over the automobile, telescoping steering wheels, and more. With luxury car manufacturers trying to one-up one another, you can guarantee you’re going to get a safety-oriented and functional car.
Besides ensuring a safe driving experience, cars with extra features always sell at a higher price.
Besides top-of-the-line safety features, most luxury cars also involve state-of-the-art entertainment technology that adds more value and wow factor to the vehicles. These widely vary from each car manufacturer, but some include TV screens and Bluetooth connections. Besides entertainment, other technology-induced functions include electronic parking, rain-sensing windshield wipers, and remote starters.
Enjoy Exclusive Membership Perks
Besides owning a luxury car, manufacturers decide to add more to your experience by creating unique and exclusive ownership perks. These benefits vary from each brand, but some examples include VIP concierge services from Mercedes-Benz or Infiniti, Cadillac’s, and Lexus’s reward programs. Owners can experience luxe dealership spaces and other VIP benefits, allowing you to enjoy a real luxury experience while driving with style.
Car Manufacturers Got Your Back
Luxury car manufacturers are aware that no one wants to rearrange their schedules to tend to their cars, especially if they work most hours of the day. That’s why most of them now offer 24/7 roadside assistance and complimentary maintenance packages to ensure their vehicle’s optimal condition. Besides that, brands like Lincoln and Lexus offer services that retrieve your car for service or provide a loaner while the car is undergoing maintenance.
These added perks prevent you from spending money on costly repairs or maintenance, saving you more cash in the long run.
From reliability, social status to top resale value, there are plenty of reasons why you should invest in luxury vehicles. Enjoy the perks of owning an upscale car and reap more benefits in the long run, giving you the maximum value of your money while cruising in style.