Sales and Rentals of Luxury Cars Rises in 2014
According to the latest data, the sales of luxury vehicles increased 7.3 percent in 2014, compared to a 5.4 percent increase in the sales of economy, standard, and compact cars.
Noted Cars.com, which issued the report, “While most of these purchases are made by individuals taking advantage of the warming economy, a good number of these transactions can be attributed to rental companies buying the new model year versions needed to keep their luxury fleets up to date.”
The degree of luxury also plays into whether or not someone rents for necessity or the desire for an exhilarating experience. Many of the more common luxury vehicles from brands like Audi, BMW, and Lexus are rented by affluent luxury car owners who are in need of a temporary replacement during repairs to their normal vehicle or while traveling.
However, the most exotic, pulse-pounding vehicles available at a group such as Luxury Line Auto Rentals, such as the Ferrari California and the Lamborghini Gallardo, are frequently rented by auto enthusiasts looking for a once-in-a-lifetime experience.
Category: Featured, General Update