A car is an investment, which is why you should pick wisely when car shopping. Some vehicle brands and models will yield more value over the life of the automobile. Learn all about the Porsche value and why investing in a Porsche model is a good idea.
Why Porsche Vehicles Are a Good Investment
As a matter of fact, Porsche models hold onto their value quite well. Owners can sell their Porsche vehicles relatively close to their original value, at least compared to other luxury brands. Several Porsche models took home the Kelley Blue Book’s 2021 Best Resale Value Award.
The Porsche Macan won this award in the compact luxury segment. Similarly, the Porsche 911 took third place in the sports car category. Finally, the Porsche Cayenne took second place in the luxury SUV segment.
Choosing a Porsche Vehicle
What’s the best way to go about choosing a Porsche vehicle that will provide a return on investment? The key is to keep ownership costs down while keeping depreciation to a minimum. Here are some tips to keep in mind.
- Choose a Porsche model that will enable you to make a 20% down payment or more. Consider a pre-owned Porsche car if this will help you meet the 20% minimum. A larger down payment equates to a lower interest rate.
- Prioritize your must-haves. This may include specific safety features or other features that come standard.
- Whatever model you choose, minimize depreciation by following through with all your maintenance recommendations.
- Eliminate depreciation concerns altogether by opting for a lease over a purchase
Visit Tom Wood Porsche to see our lineup of new and pre-owned Porsche models. With the right care and maintenance, a Porsche automobile can prove to be a smart investment.
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