Ultra-Luxury Cars Enjoying a Quickly Expanding Consumer Base
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While the luxury car rental you’ve dreamed of is ready and waiting, more and more people are buying their own outright.
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Ultra-Luxury Cars Enjoying a Quickly Expanding Consumer Base
- 1. Ultra-Luxury Cars Enjoying a Quickly Expanding Consumer Base CAR RENTALS IN LOS ANGELES WWW.STARRAUTORENTALS.COM
- 3. Surprising Consumers Luxury car rental wouldn’t exist without the luxury cars we provide, and the companies that make these fine vehicles are enjoying a bit of a boom right now. Luxury car companies are always looking for ways to surprise consumers and make the headlines. It’s great publicity to roll out some impressive or exciting new innovation, and lately, companies like Rolls-Royce have been nailing it, breaking the mold in new and exciting ways.
- 4. Prestige & Glamour Rolls-Royce is evolving, and the first stage of that evolution was represented with the 2013 debut of a two-door Wraith with a massive engine. Why would Rolls-Royce step into sportier designs after their long history of creating glamorous prestige cars? There are more young millionaires out there, and Rolls- Royce wants to get that demographics loyalty as soon as possible.
- 5. Luxury Brands • Exotic car rental is one thing, but buying the vehicle outright is often a privilege reserved for the extremely wealthy, but in the past five years, the seven largest ultra-luxury and exotic car brands have been growing very quickly.
- 6. Young Millionaires More quickly, in fact, than the industry at large, and it’s likely that this explosive growth in thanks in part to the newfound wealth of the younger demographic.
- 7. Sales of Luxury Cars • . The industry growth is best represented by the following companies… • - Maserati and Porsche, who represent over half of the growth • - Rolls-Royce, increasing sales over fivefold • - Bentley sales up 122% over 2009 • - Lamborghini sales up 50%, selling over 2,000 vehicles in 2014
- 8. New Net Worth This exciting new boom is actually very simple to understand. More and more consumers are able to afford extremely expensive cars, and since they’re more than willing to buy them, sales are increasing and the industry has prospered. At the end of 2014, over 210,000 people had a net worth of $30 million or more, and when you have that much money at your disposal, buying a $100,000 Porsche or Maserati isn’t a huge financial decision.
- 9. Why not try out a luxury car rental in the mean time?
- 10. Why not try out a luxury car rental in the mean time?