Four Reason Buying a Luxury Vehicle is Worth Money
Are you in the market for a new vehicle? Whether you are looking for a new or used car, buying a luxury vehicle could greatly improve your quality of life. Of course, you cannot beat the image that comes with driving an Audi, Jaguar, or Porsche (if images something you care about). But beyond the status that comes with owning a luxury model vehicle, luxury cars provide convenience, comfort, and other benefits that you just don’t find in the rest of the auto industry. If you are on the fence about whether or not it is worth the trouble to test drive a couple luxury cars during your next trip to your local car dealership, we’ve put together a list of surprising reasons that you shouldn’t write off the chance to be a luxury car owner.
Four Benefits of Owning a Luxury Car
- Luxury cars are better investment than economy vehicles.
As the dust is still settling from the great recession, sales numbers in the auto industry in general are at a low that is only comparable to the 1930s, when Americans were still recovering from the Great Depression. In recent months, the average sales of vehicles (both among luxury cars and non) has dipped by an average of 30% per manufacturer. Drivers are still recovering from lower incomes and higher living expenses, and are opting to drive their older cars for longer. While this is bad news for auto makers, this is good news for people in the market for a new car. It means that you can purchase a car today for far less than you could if you months ago.
In terms of investing in a luxury vehicle, this is even better news. In addition to getting a better deal on your luxury car now than you could in the past, the market in the luxury car sector is likely to recover faster than the rest of the industry, and remain stable over the long run. In other words, you can get a luxury car for less now than you could a few years ago, and then when you are ready to resell it or traded it in, you will have maintained a greater value than you would have been able to in the non-luxury sector, and will be able to recover more of your investment.
- Luxury cars equal better safety.
Luxury is not just worth it for the image, it also equals safer driving. The designers of luxury vehicles are often on the cutting edge of safety innovation. Many of the most reliable safety features, like anti-lock brakes, air bags, and blind spot warnings, that are common in any new vehicle started in luxury vehicles before they filtered down. Today’s luxury vehicles have safety features that just cannot be found in economy vehicles, unless they are added on and result in costing the same amount as a luxury car anyways. In fact, 71% of vehicles that come standard with comprehensive safety features are in the price range of a luxury vehicle.
- Luxury vehicles give owners prestige.
We know, this is like seeing the trees through the forest. However, there are very few ways to turn heads as effectively as pulling into a parking lot with a shiny new Audi, Jaguar, or a Mercedes. This is not something to belittle; many times, being successful in business demands maintaining a powerful and prestigious reputation and image to partners and clients. If you want to statement-making vehicle that instantly conveys credibility and class, you cannot go wrong with an luxury car.
- Luxury vehicles offer superior comfort.
Luxury vehicles are designed to provide a stress-free driving experience to passengers. In the most recent JD Power and Associates study, only two brands of vehicles achieved a perfect design score for quality: Porsche and Jaguar, the leaders in the luxury vehicle sector. Features exclusively found in luxury cars like remote start and heated seats make luxury vehicles far more comfortable for traveling in than their non-luxury counterparts.
We want to hear from you! Do you own a luxury vehicle? What was the greatest selling point that convinced you to buy? What do you love most about it? Please share in the comment section below!