A lot of social pressure is put onto mens shoulders in regards to the car they drive: especially when they have a high social status, it is almost mandatory for them to show off their money with a beautiful car. However, people do not always want to spend like crazy on a brand new Porsche or, at the very least, a BMW!
Few people think about acquiring used luxury cars: is it because rich people dont like using other peoples leftovers? Theres nothing wrong in driving a used Porsche, though; when put in front of this alternative, most people would ditch their car in a heartbeat to get it. Used luxury car dealerships only need to spread the word out a bit more.
A steep price difference
A regular Porsche Carrera convertible actually costs between 96 200$ and 172 100$, depending on the strength of the engine and other accessories that are included in the vehicle. On the website of Courtier Auto Laval, a retailer of used luxury cars, youll get a 2008 Porsche Carrera with pretty low mileage at only 67 995$. This is a 29% rebate in comparison to the cheapest model and you are still getting a top quality, almost-new car.
Should you feel bad because the Porsche was built in 2008? Except if you are a technology geek, you wont see much of a difference.
A faster depreciation
It is said that luxury cars lose their value much faster than a regular vehicle during the first 5-6 years of possession. As we said before, rich people do not like other peoples leftovers if you can get out of this mentality, though, you can abuse the market!
Lets look for alternatives that are a bit cheaper. The BMW is recognized to be a durable, yet very good-looking car. Businessmen will often drive this kind of vehicle in order to prove that their company is doing well. What if you could get a 2007 BMW for only 14 000$? Yes, you might end up with a higher mileage (75 000 miles in this example), but it will attract a lot more attention than a 2010 Corolla.
Hunting for used cars
Sometimes, you might have a hard time finding the exact vehicle you are looking for. Some companies can offer you head-hunting services for cars. Youll tell them the exact model you want and, after some them, they will able to serve it to you on a silver platter.