Which Luxury Cars Hold Their Value?
If there’s one thing luxury car owners don’t like talking about, it’s depreciation. If buyers reflected on the fact that their vehicle would be losing 20 percent of its value just driving it off the lot, they’d be steering with tears in their eyes. But that’s how the game is played. Your only recourse is to invest in something with a historically strong resale price. Which luxury cars hold their value? These are all good bets.
Porsche
Year after year, Porsche earns accolades for being the luxury brand you can count on for good resale value. Industry authorities like Kelley Blue Book keep putting Porsche at the top of their lists for cachet and reliability.
Porsche Macan
The Macan rules the compact luxury class because of its balance of indulgent comforts and high performance. It’s just popular with car enthusiasts—it’s Porsche’s top-selling model—and its resale value reflects that. This SUV stays fresh with its sporty design, in addition to always fun to drive. Extra touches like the 10.9-inch infotainment touchscreens and Bose premium audio systems will age well.
Porsche Cayenne
Another proud member of the dynasty is the Cayenne, proving that Porsche can produce legendary vehicles outside the sports class. You may be driving an SUV because of family demands, but you won’t be compromising on a luxe interior or advanced technology. And if you need to blow off a little steam, you can take an off-road detour. Two models—the Cayenne E-Hybrid and Cayenne Turbo S E-Hybrid—will only increase its desirability with a broader demographic.
Porsche Panamera
Whether you invest in the practical Sport Turismo or the sedan version, this beauty is unmistakably a pedigreed Porsche. It combines that strong tradition with modern features and a unique personality. In fact, there are so many ways to customize the Panamera that you’d be hard-pressed to find a twin. Four-wheel drive, interior colors, horsepower—all up to your discretion. As long as you don’t get too weird with the color scheme, you can count on plenty of interested buyers when you’re ready to move on.
Porsche 911
The 911 is a cult favorite with celebrities, which keeps its profile high and resale price healthy. The demand for the Porsche 911 is strong, whether it’s an older model or a newer version, probably because it’s so versatile. The 911 isn’t a supercar you keep locked away in a garage; rather, it’s a sports car you can actually drive to the office, and boasts a rear seat compartment and two small trunks. Anyone who thirsts for a classic will go for the time-honored shape and engine lineup. To call it practical would be to insult it, but there’s no denying that this thoroughbred isn’t going to temperamentally break down on you.
Lexus
Porsche has had to get used to Lexus in its rear-view mirror when it comes to dependability. Buyers know that no pre-owned car is a bargain if it’s going to need excessive maintenance. Enthusiasts know that a Lexus will never quit, and that it delivers a smooth ride every time.
Lexus GX
This three-row SUV may have a rugged exterior, but inside it’s posh all the way. If you choose the fully loaded Luxury version, you’ll be intimidating on the road while enjoying the well-appointed, cocoon-like cabin. In fact, if a pre-owned GX is hard to find near you, it’s because owners tend to hold onto them longer than other high-end vehicles. Toyota-owned Lexus knows how to produce durable quality. Why let go of a performance beast when it still looks so good? Your six passengers are bound to object, too.
Lexus LX
Lexus has been wise enough not to fix a crowd-pleaser that’s never been “broke.” There’s no reason to mess with the success of a fine vehicle that can go off-road with confidence, tow up to 7,000 pounds, and coddle its occupants in the bargain. The LX 570 is a modern classic with all the extras: lots of leather and wood, a 12.3-inch infotainment screen, four-zone climate control, blind-spot monitoring, land departure warning, and more. Old or recent, its design hasn’t changed much because it doesn’t have to.
Lexus GS
The competition in this luxury class is no joke; the GS goes up against Mercedes Benz’s E-Class and BMW’s 5 series and wins decisively every time. Its stately elegance isn’t obnoxious, its cabin belongs in a G6, and the engine is generally trouble-free. Smart buyers appreciate its safety features: pedestrian detection, automatic emergency braking, automatic high-beam headlights, and an option for all-wheel drive.
Tesla Model X
Elon Musk has set the pace for electric supercars the public is dying to drive. Buy a Model X, and when it comes time to sell your Tesla , everyone will want to be your friend. Until there are more models on the market—a lot more—the Model X will remain a fun novelty with the performance and perks to back up its price. It may be no small feat to park with those gullwing doors, but the envious glances are worth it. Even electric-skeptical buyers will be tempted by that 328-mile range, making your pool of buyers nearly infinite.
Chevrolet Corvette C8
If the Tesla Model X is space-age, that makes Corvettes old-school. But the C8 is giving the iconic car an injection of brand-new excitement. Placing the engine in the middle gives the rear wheels more stability for acceleration and balance, and buyers are looking for both. Because Chevrolet has a no-nonsense philosophy about keeping the Corvette’s price reasonable, it’s easier for the sports vehicle to retain it. In a world that clamors for French and Italian exotic beauties, the Corvette has an all-American appeal that shows no signs of waning.
So which luxury cars hold their value, and which might as well be disposable? If you’re thinking about selling it before you’ve even bought it, you’re a calculating customer. Whatever your supercar of choice, Nahas Motorcars can tell you what price you can expect when it’s time to let go. If you’re interested, we’ll fly to you for an inspection and make an offer on the spot. Contact us for more information about how we can streamline the selling process for you.