Luxury car: is it necessarily unaffordable?

Do you dream of a luxury car, but you think it is beyond your means? If it’s new, probably. But every once in a while, why not?

Luxury does it well. Very good even. In 2021 Rolls-Royce sold more than 5000 new cars, Bugatti 150. So where is the problem? The money is there, the customers are ready to spend it, all is well in the best of worlds!
Wake up from this sweet dream. These are there world figures, not French, and finally they remain quite modest. No, you won’t be able to afford to burn the car of your dreams. Not new anyway.

The used solution

All you have to do is fall back on one second, third or fourth hand. After all, besides you, who knows? And rest assured, you won’t be the only one. Typically, 3 used cars are sold for every new car. in France. For luxury cars, the options are overwhelmingly the majority. However, precautions should be taken. Scams also exist in the high-end market

Next to

As soon as it is registered, a car loses its new vehicle status. And then begins to lose his value. And the higher the value, the harder the fall. By the time you get home, a new luxury car has already lost 20% of its value. Within 5 years it will lose 40% and within 10 years up to 80%. But a 10-year-old car, even a prestige, is an old cuckoo clock, isn’t it? None. Not necessarily.

Cheaper than you think

A luxury car quickly loses its market value, but well maintained, it remains an object of trust long time. a Maserati 3200 GT from 2001, can be negotiated within 22,500 Euro. A Jaguar XJ over 20 years old will not exceed 10 to 15000 euros, a Bentley or a Rolls from the 90s can be had for less than 25000 euros. Cheaper than a new entry level Renault or Peugeot.

Basic precautions

It is up to you to ensure the seriousness of the seller and the condition of the car. The survey will probably be done on the Internet. Start by choosing a model that meets your needs. A luxury car that stays in the garage is of limited interest. You can address an individualtempting, but it will be necessary to multiply the precautions. You can contact a dealer, it will be safer, but more expensive. For information, always in the extreme, Rolls-Royce realizes 75% of its sales in concessions at the occasions.

The details

See no cockardious spirit there, but rather choose a salesman if the car is registered in France. You thus avoid the unpleasant surprise of ending up with a model that cannot be approved in France. Where it comes from obscure traffic, a fairly common thing in the field. Likewise, choose a possibly older second hand rather than a newer third or fourth hand. The first owner of a luxury car will treat it better than the second or third. The presence of an expert does no harm. Your seller won’t mind, and if so, too bad for him.

The documents to be required

Probably redundant advice, but what goes without saying… you know the rest. When you meet the buyer, MANDATORY step, demand maintenance log, technical inspection certificate (yes, even a Lamborghini has to go through that), try to find out which dealer it was bought from and take the opportunity to check the car’s exterior and interior condition.


The topic that can bother. About insurance companies were philanthropists, it has been known for some time. And on that side there is no discount. Especially since it is more than advisable to insure your jewel all risks. The contract must include mechanical breakdown, legal protection, vehicle contents and equipment warranties. Painful, but that’s the price of peace.

The interview

Another big budget item. If your seller gives you a car in good condition, it didn’t happen by a miracle. You must use carefully maintain the object of your desire. Choose a specialized garage and do not skimp on the value of the spare part. Your walking gem will thank you. Be careful though, the revision at Ferrari, Lamborghini or Aston Martin it is not cheap. James bond has the means, you, not always.

The parking lot

A problem that affects us all, even with an old jew’s harp, but will prove to be a real headache with your new acquisition. A niche with a Rolls is possible, but leaving it parked on the street is risky. It is therefore necessary to have one secure garage. Here, too, you have to put your hand in your wallet. And plan the alarm and everything that follows.

And the electrical?

Don’t count on it too much. In all circumstances, who dreams of an electric Jaguar? Ecology is far from the primary concern of luxury brands. No more than their client’s. Which means that the more the years go by, the more your jewel becomes a collector’s item : you want less and less right to use it on French and European roads. It’s prosaic, it’s a bit of a killjoy, but it’s a fact.

Not inaccessible, but not easy either

Buying a luxury car is therefore not not a millionaire’s dream provided you are careful. It is what follows that is complicated. Maintenance, insurance, parking. Your car will be the object of all your attention and may, in use, if not in purchase, be a money pit. Especially if you use it sparingly. Going to work in an Aston Martin will not help your relationship with your accounting colleagues. Your luxury car will therefore be reserved for Sunday trips or holidays.. What will probably force you to own another car for general needs. Unattainable no. But probably a bit expensive nonetheless.

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