Pages

Thursday, August 21, 2014

Buying a Luxury Car: Is it Worth it or Waste of Money?

Reasons for buying a luxury car
Prestigious issue: Many people feel buying a luxury car stands as their status symbol and a prestige issue especially who are rich. This is one reason why people prefer buying a luxury car.

More safety: People who look for more safety in car and who need more safety features prefer buying luxury car. Because, luxury cars will have more features like anti-lock braking system, traction control, stability control, etc., which gives safety to the passenger in the car.

Beauty and comforts: Many luxury cars come with good interior and exterior features. The beauty of the car lies in the design, quality, comfortness, etc. This makes people feel more comfortable. So, people who are looking for comfort along with the beauty of the car better to go with luxury cars.

Interior: As exterior of the car interior is also very important. Interior design of the car is necessary for the passengers who are traveling in the car. Interior is the king, it usually comes with all the technology and the gadgets. They should be customizable in such a way that people feel comfortable.

Complete assistance: Many luxury cars will offer you complete assistance whenever and wherever necessary because they are branded and luxury. Most of the luxury cars need the assistant of only the mechanics that are professional in dealing with the luxury cars. So, many luxury cars come with assistance.

Reasons for not buying a luxury car
More insurance costs: Many people don't prefer purchasing luxury cars because they can't afford paying more insurance costs. The insurance of the car depends on the type of the car. So in general luxury cars will have more insurance when compared to other cars and people really can't ignore insurance if they buy a luxury car. It is very important so, some people won't prefer buying a luxury car which makes their costs high.

Increased maintenance cost: Maintaining a luxury car is not much easy. Repairs, fuel costs mainly leads to the car maintenance cost which will be more in luxury cars. So, people won't prefer luxury cars.

Chances of theft: Latest, branded luxury cars have more chances of theft according to statistics. So, if people buy luxury cars they always need to think about it and they won't have peace of mind.

No comments: