It's time to buy that gently used Lamborghini because there are so many used luxury cars on the market that prices are plummeting. Some down to 200 thousand dollars or less. Jerry Reynolds The Car Pro tells us the reasons there are so many available.
1.“Luxury car makers have upped production in the last few years which means they are selling more luxury new cars. That means there are more gently used trade-ins on the market. “
2.“We have seen more activity in leased luxury cars that are lease coming off lease now and available for sale.”
3.“People who buy these cars now typically trade them in more often.”
4.Reynolds thinks the biggest reason is that Bentley and Rolls Royce are now making SUVs. “Those are selling like crazy! So it brings more sedans into the previously-owned lots.”
So…what are you waiting for?!?!? There are bargains to be had!
You can hear Jerry Reynolds on The Car Pro Show every Saturday from 11:00am to 1:00pm on KTRH.