Thu. May 23rd, 2024
2011 BMW 650i Convertible

The Secret To Affording A Luxury Car

A luxury car is high a dream for any car enthusiast. It could be a super fast sports car like a Porsche. It might be an executive, luxury saloon such as a BMW or an Audi. Perhaps you love the size and power of a luxury SUV.

Whatever the car, the price tag is sometimes enough to put you off for life. However, don’t let that deter you entirely. There is always a way around the situation. There’s always a bargain to be found if you know where to look.

2011 BMW 650i Convertible

Today we’ll look at how you can finally afford that luxury car you want so much. Life is made sweeter by those small moments of love and joy. Your dream car can give you that every time you step inside. If you have your heart set on a Porsche, a luxury Range Rover or a swanky BMW, we’ll show you how. These four steps are just the start of your journey. Use them to find a bargain and keep your costs down.

Consider an alternative – First things first, identify which luxury car you want. More importantly, what luxury feature do you want? If you simply want speed and excitement, there are cheaper ways than paying for a Lamborghini. A nippy sports car like a Mazda is just as much fun and a fraction of the price. If you want all the features of a luxury saloon, ask yourself if something cheaper like a Saab could fill the hole. They have all the benefits, just without the name.

Look for used models – Sometimes, no matter how great the alternatives, the brand plays a big part. Sometimes you just want the Porsche badge on the front. If that’s the case, let’s look at the used market. The first thing to understand is that a two year old Porsche will be just as strong as brand new. These cars are the best on the road. They’re built to last. Secondly, you’ll avoid depreciation. Luxury cars depreciate much faster than your average car. That means the saving you make through buying second-hand is huge. Just look at the used, luxury options on to see for yourself.

Lease it – If the price tag is just a little too far out of budget, you might be able to afford the lease. A lease is essentially an extended hire. You sign a contract to take ownership of the car for a three or four year period. You’ll pay monthly amounts for the pleasure and hand the car back at the end of the term. In general, this works out a little cheaper than buying so you can afford a better model. It might just be the key to affording a Porsche.

Finance options – Finally, there are some finance options available to you to spread the cost. They range from a simple loan to complex agreements with dealerships. Make sure you can pay the money back before you get involved with these agreements.

This should give you some inspiration to see what options are out there for you. There’s always a bargain to be struck if you know where to look!