0
No once you drive a car off the lot it decreases in value so if you buy an expensive car it will drastically decrease in value very quickly. You only buy one if you are rich and will drive it.
Note: A luxury car CAN be a good investment if you buy a classic one used. You have to buy after the initial depreciation when the value starts rising due to collector demand.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
What is a cheap luxury car that has the best gas mileage?
Upgrading to a luxury car is a great investment but can be very expensive. Some of the best luxury cars that are good on gas are made by Toyota, Mercury and Ford.
Names of 2008 Luxury Cars?
Names of 2008 Luxury Cars?
Is lithium a good investment?
Electric cars are of the future, it is clean energy, china will be the biggest seller of electric cars and lithium will be used as the makeup of the battery. Lithium is a very good investment.
Are Mercury luxury cars?
yes Mercury luxury are cars but not as fast as others
What is the Collective noun of luxury car?
The collective noun for luxury cars is the same as the collective noun for any type of car, a fleet of luxury cars.
What is a Luxury cars?
A luxury car is a vehicle priced considerably above the average for a given market. In the US cars with startingMSRPs between $30,000 and ca. $38,000 are commonly considered entry-level luxury cars while cars with startingMSRPs of $40,000 or more are considered luxury cars.
What is the difference between luxury and sports cars?
Luxury cars are built for comfort and convenience, while sport cars are built for speed and performance.
What is the aim of Top Gear?
the point is to tell you about the cars and which ones are a good investment and it is also a program for people who are interested in cars
What is aim of Top Gear?
the point is to tell you about the cars and which ones are a good investment and it is also a program for people who are interested in cars
What are some varieties of Mercedes luxury cars?
Mercedes combines luxury with sedans, SUVS, coupes, roadsters, and several other types of cars. They have hybrid cars, electric cars, and diesel cars.
What is the best luxury car that is also a good value?
There are many luxury cars that can be had for a reduced price. You should look into preowned vehicles in such makes as Lexus, Audi, or Infiniti.
What is glx in cars?
GLX means grand luxury and LX is just Luxury
