Luxury Cars And Resale Values 183

Luxury Cars and Resale Values
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,​ but
because 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,​ 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 .​
(Word count: 183)

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