You know them when you see them – the sleek lines, purring engine, custom leather seats and shiny new paint of those new sports cars and luxury vehicles practically scream MONEY. Yahoo! Autos assembled a list of some of the latest sports cars and luxury vehicles and recognized vehicles including the Audi R8 Spyder, the Porsche Boxster Spyder and the Mercedes-Benz SLS AMG as those with a style and performance guaranteed to turn heads.
Buying one of these sports cars that tops off at speeds in excess of 190 mph, or a luxury vehicle equipped with the latest and the greatest (and sometimes the unnecessary) technologies are always fun to fantasize about. But when it comes down to it, they’re not usually economical (the Mercedes SLS AMG starts at a whopping 3,000) and depending on their resale value, they may not be the most practical.
While the shiny new paint of new cars is tempting, Florida residents need to take the cost of depreciation into consideration, which is often one of a car owner’s biggest expenses. A common rule of thumb is that once a brand new car has been driven off the dealer’s lot, it has lost about half of its value. For residents of Lake Worth, off lease vehicles can be a money-saving alternative to the expensive price tags and cost of depreciation that comes with a new vehicles purchase.
Another money-saving tactic for West Palm Beach residents on the market for a car is to opt for a car that boasts a strong resale value. When leasing a vehicle, the residual value of a car is subtracted from the price to determine the amount that will be paid over the span of the lease. For example, if you lease a ,000 car that is projected to have a resale value of ,000 over a 24 month period, you would only pay for ,000 difference. So the higher the resale value of a car, the lower your monthly lease payments will be.
When visiting your Wellington off lease car dealer, opting for an Infiniti QX56 is a safe bet as indicated by the recognition the vehicle received by Automotive Lease Guide in their 2011 Residual Value Awards. Additionally, the awards recognized Infiniti as the overall brand with cars that have the highest projected resale values. For Florida residents planning to lease a vehicle, their Wellington off lease car dealer is the first place to fine best deals on used car leases.
Richard Santiago is a freelance writer and an automotive expert. His articles feature information about any top Wellington off lease car dealer that offers the best deals for Lake Worth off lease vehicles.
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