Luxury Cars

01/10/2021

What’s the Best Way to Buy a Reliable Luxury Car?
The full cost of ownership makes buying brand-new luxury cars a surprisingly competitive option if you keep them long enough…

The full cost of ownership makes buying brand-new luxury cars a surprisingly competitive option if you keep them long enough…

01/09/2021

Do you want to drive a nicer car than you thought possible? Who wouldn't? Here's why you should (if you can afford it).

If you’ve spent any amount of time reading financial advice blogs, there’s a good chance you’ve come across an article (or twenty) that bemoan the automobile as the single-worst thing for your bottom line. Depreciating rust buckets! Climate-killing pollution machines. Ridiculous status symbols.

They’ll go onto preach the virtues of driving a 10-year old Honda or Toyota until it literally falls apart beneath you. From a strictly financial perspective, they’re right.

But these are not the people that grew up with Lamborghini Countach posters in their childhood bedroom. These people don’t know what it means to drive. Sure, they manipulate a wheel and pedals to go from Point A to Point B. But they don’t appreciate the pure joy of carving up a canyon road in a roadster, mudding in a Jeep, or even just cruising along on a cold day in a quiet luxury cabin with heaters in your seats and steering wheels and marveling in modern automotive engineering.

If your goal is to stop working as soon as possible and live on your investments for 50 or more years, then follow their advice—cars are not something you should be spending a lot of money on. If, however, you believe that affording things you enjoy is a part of why you work and why you save, read on.

Do you want to drive a nicer car than you thought possible? Who wouldn't? Here's why you should (if you can afford it).

01/08/2021

Luxury Cars in the United States - Statistics & Facts

Although there is no clear-cut definition of the term "luxury car", it is often used to refer to a vehicle segment that demands a higher price for providing excess features going beyond the necessary considerations for normal use. The luxury car segment was originally created to target customers who were interested in displaying their ostensibly higher social status by purchasing vehicles that were conspicuously more expensive and of higher-quality. Alongside luxury cars, other existing segments include crossover vehicles, sport utility vehicles (SUVs) and compact, midsize and large cars. The luxury car segment currently makes up about five percent of the U.S. car market, while crossover vehicles account for the largest segment at approximately 40 percent.

https://www.statista.com/topics/3702/luxury-cars-in-the-us/

01/08/2021

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