Looking to make a great investment in 2021? If the idea of trawling the stocks and shares market doesn’t exactly fill you with excitement, then the great news is that there can be far more fun ways to invest your cash for the future.
And the petrol heads out there will be thrilled to know that one of them is in luxury cars – which contrary to popular belief, can often hold their value far more steadily than you might think. While there’s no denying that every car depreciates quite significantly in value the moment it’s driven off the forecourt, some can still be worth a sizable amount in years to come – so treating yourself to a lavish new set of wheels now could be a purchase you’ll be thanking yourself for later on, and enjoying to the full in the meantime.
Of course, it pays to do your research before rushing out to buy the latest Lamborghini, as not all luxury cars are created equal. And, if you’re eager to be able to sell for a good price in a few years, then taking excellent care of it now is vital. Buying a brand new car usually comes with its perks, with annual services to keep it in good nick all part and parcel of the transaction – but taking your car to be regularly polished and waxed won’t just allow you to show it off in all its glory now, and will also protect the paintwork to increase its longevity and guarantee that it will be looking just as good later down the line.
Minor scratches and scrapes do happen, and cracked or chipped windscreens, despite your best efforts, can sometimes occur. The speedy repair of car glass is essential, even when you have only suffered what appears to be a minor chip or crack to your windscreen, because these can quickly spread and put your entire windscreen at risk of falling in. The same goes for car windows – in fact, any issues when it comes to car glass should be repaired as soon as possible to avoid further damage to your car.
These, along with minor dents can often cost far more when it comes to high-end cars, so keeping yours covered and inside your garage when not in use, and driving with the utmost care and attention, is essential if you want to maintain it for the future.
All formalities aside though, there are several cars out there that will make for excellent investments – whether you plan to sell them on later to fund your latest drive, or hand them down through the generations of your family. These are the top cars worth considering splashing your cash on in 2021 – and all guarantee a sensational ride.
Lexus LS 500
The Lexus LS 500 was the recipient of the KBB Best Resale Value Award for Luxury Cars earlier this year, and with good reason. This spacious and sophisticated car features suave leather interiors and a high-tech spec, enjoying a 416-horsepower turbo-charged V6 engine and 10-speed automatic transmission. So, it won’t just look good sitting on your driveway, but will deliver when it comes to performance, too. And, with a depreciation rate of just 50 percent over five years, it holds its value well compared to most other cars on the roads.
The Porsche Macan is another model to consider treating yourself to this year, and this lavish compact SUV offers practicality and prestige in equal measures. Not only that, but it retains an impressive 62 percent of its value post sale, which means it could still be worth a very reasonable amount in years to come.
It’s no surprise to see a BMW on this list, and the X4, which features a sophisticated coupe-style roofline, ensures that this model stands out from the crowd. Boasting a powerful four-cylinder engine and 248 brake horsepower, it’s expected to retain a decent 51 percent of its value, with the X4 M40i likely to be the best choice when it comes to longevity.
Tesla Model S
A market leader when it comes to electric-powered cars, Tesla is certainly one to watch for the coming years, and currently beats all of its competitors on both battery technology and range. And, with the world slowly moving towards going zero carbon, you could do a lot worse than invest in a Tesla right now, with the Model S coming in as the top choice. With an impressive range of 390 miles per charge and 1,020 horsepower, its depreciation rate sits at 36.3 percent – but watch this space, because things could be about to change.