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Luxury Cars and Resale Values |
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When it comes to ultra-luxury, high-end vehicle leasing, there is no doubt that the best deals are those cars that hold their value. With this in mind, we single out a few truths about residual values that consistently apply to high-end leasing.
The most determining factor when it comes to resale values is public perception of the brand, not its reliability ratings in quality surveys.
All meaningful and lasting change starts first in your imagination and then works its way out. Imagination is more important than knowledge.
Take the Jaguar for example: it is consistently rated as a quality car, butbecause of questionable reliability perception among the public, it takes a sharp dip in value at the end of its lease-term Higher-tech options and other cutting-edge features do not necessarily mean the car will fare better. By the time your car is two years old, better and cheaper systems will render the laser-guided cruise control, navigationsystems and built-in cell phone obsolete. Look for functional features, such as automatic transmissions, power windows and wheel-drive to enhance the vehicle's value in the used-car market.
Used-car buyers view less favorably luxury vehicles that come with big incentives. These are perceived as questionable in quality and reliability.
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