Retirement & Financial Planning Report

According to study by the Automotive Lease guide, these luxury cars lose the least value in their first three years: 1)Mercedes, 2) BMW, 3) Acura, 4) Lexus, and 5) Audi. When a car has a favorable depreciation schedule that frequently translates into a favorable leasing schedule as well. Therefore, if you wish to lease a luxury car, rates will be relatively low for the makes listed above, considering the quality of car you’ll be driving.

What if you’d rather buy than lease? You may do best buying a high-quality car about three years old. This strategy avoids paying the one-time only charges included in a new car as well as the steep loss of resale value depreciation in the first three years. Moreover, most high-quality cars are not even “broken in” until they have about 15,000 miles on them.