Luxury Car Leasing Advice Milford OH
West Chester, OH
Luxury Car Leasing Advice
Why lease a luxury car? What's different about luxury car leasing?Luxury car leasing is different
Luxury car consumer
High-end automotive consumers have different priorities, different values, bigger bank accounts, and prefer to transact business differently than people acquiring less expensive vehicles.
They have a tendency to lease rather than buy. "High-line" brands such as Mercedes, Porsche, Audi, Lexus, Acura, BMW, and Land Rover are leased at the rate of 50% - 70%, depending on brand, compared to only about 20% for non-luxury models, and even less for the least expensive models.
Luxury auto consumers tend to value time, efficiency, quality of service, and business relationship when dealing with financing. Spending a great deal of time shopping and haggling for bargain deals is less important that establishing a relationship with a company they can trust and depend on to genuinely look out for their interests.
High-end customers tend to be more loyal to a brand and a dealership over a long period of time.
Luxury cars make good leases
Luxury automobiles make the best lease values, dollar for dollar, due to high lease-end residual values relative to MSRP. In fact, luxury vehicles, as a category, are leased si...