Sunday, November 23, 2008

Luxury Cars and Resale Values

The best course of action to take sometimes isn't clear until you've listed and considered your alternatives. The following paragraphs should help clue you in to what the experts think is significant.

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. 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

Think about what you've read so far. Does it reinforce what you already know about vehicle leasing? Or was there something completely new? What about the remaining paragraphs?

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, navigation systems 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.

Now that wasn't hard at all, was it? And you've earned a wealth of knowledge, just from taking some time to study an expert's word on vehicle leasing.

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