Image: Jae Park/Pexels
There are, of course, many different reasons why someone may, or may not, decide to take out a car finance deal. And there are a lot of people doing it — according to data from Statista, in the 12 months up to September 2021, more than two million cars were bought on finance by consumers. Most of those vehicles — some 1.34 million — were used cars, with new cars making up the rest of the total.
Those statistics should give you pause for thought. Why? Well, with numbers like that, it’s unlikely that the only people purchasing a car on finance are those who are seriously cash-strapped, and simply looking to buy a humble city runabout.
The fact is, people from all walks of life buy cars on finance, and this is reflected in the sheer variety of motor vehicles that tend to be purchased in this way. You only need to look at our own vehicle stock at any one time, for instance, to see that we offer not just budget vehicles on finance, but also the likes of sought-after SUVs, executive and performance cars from prestigious marques such as Jaguar, BMW, and Mercedes-Benz.
In short, then, yes, you can definitely get a luxury car on finance! But the next question this raises is, why would you wish to do so? This is where things get particularly interesting.
With the right car finance deal, you can go up in the world
Image: Kahl Orr/Unsplash
There are numerous well-documented benefits of buying a car on finance, and to appreciate those benefits, it’s best to consider it alongside the obvious alternative: purchasing the car in question with whatever cash you happen to have already sitting in your bank account.
And sure, a lot of people who buy luxury cars might already have enough money to purchase the opulent executive saloon, or even sleek and sporty coupe, that they have in mind.
But much of the attraction of buying a luxury car in the first place, is the notion that you aren’t compromising: you’re buying a car that has a formidable specification, and that might represent the last word in sophistication, comfort, and opulence — at least compared to any vehicle you have driven in the past.
Indeed, if you are reading this, it may be because you’ve recently had a pay rise, or perhaps benefitted from another windfall, and you really fancy treating yourself with the next car that you buy.
And that’s where car finance can really make sense. By spreading the cost of your new car over a longer period of time than would be the case if you just bought it with the total amount of cash upfront, you could potentially afford an even more impressive model than might have been possible otherwise.
Who, after all, wants a merely mid-range BMW or Mercedes, if they can have the range-topping version of the same car? As long as other aspects of the finance agreement — such as the size of the deposit and the exact level of repayments for the rest of the loan term — are well-suited to your needs, buying a luxury car on finance could be a very alluring prospect indeed.
But there’s still a lot to think about when buying a luxury car on finance
Image: Harrison Haines/Pexels
Now, this is the point at which we need to sound a note of caution. Yes, buying your next luxury car on finance could well enable you to get behind the wheel of a vehicle that you might have previously considered beyond your financial reach.
And there are other potential benefits of agreeing to a car finance deal — for example, the chance to switch to another car, on another deal, once the original loan term comes to an end. That could mean you’re always driving a vehicle incorporating many of the most recent luxuries and ‘extras’.
But taking out a car finance deal is still a major commitment, and a serious responsibility. And it definitely isn’t in our own interests at Car Finance Genie (or in yours!), for us to provide you with a car finance agreement that you might struggle to repay over time.
So, it’s crucial to swot up on such matters as the differences between the key types of car finance deal, while considering what would be a realistically priced deal for you. Indeed, we have an online car finance calculator available that can help you to clearly see what you can afford.
Car Finance Genie can
By: Joseph Low
Title: Can You Get Luxury Cars on Car Finance?
Sourced From: www.luxuo.com/cars/automobile/can-you-get-luxury-cars-on-car-finance.html
Published Date: Fri, 25 Mar 2022 01:06:01 +0000
Did you miss our previous article…
BEYOND THE STRIP: Discover the Cultural Gems of Las Vegas
Written by Barbara Toombs
Fremont Street in the heart of downtown Las Vegas.
Millions of visitors are understandably attracted to the glitz and glamour of Las Vegas’ renowned Strip each year, where world-class resorts, casinos, shows and incredible dining options are the name of the game.
What many don’t realize is that there’s another fascinating side to the Entertainment Capital of the World, headlined by two cultural districts known simply as Downtown and Chinatown.
Downtown Las Vegas (also known as DTLV) is really where this unique desert city got its start. In 1931, construction began on what is now known as the Hoover Dam, attracting thousands of workers to a site just east of the city. To capitalize on this growing workforce, savvy businessmen began building casinos and showgirl venues along Las Vegas’ only paved road at the time: Fremont Street.
Today, DTLV is comprised of three distinct districts. Many visitors to the city are already familiar with one of them: the Fremont Street Casino District, which contains museums, restaurants and bars, as well as the original Las Vegas casinos, including El Cortez, Golden Nugget and Golden Gate. Here you’ll also find the renowned Fremont Street Experience, which debuted in 1995. This pedestrian-only thoroughfare is covered by a canopy of more than two million LED lights and a state-of-the-art sound system that comes to life every night for a spectacular sound and light show called “Viva Vision.”
The Arts District
A popular attraction in this district is The Mob Museum (the National Museum of Organized Crime and Law Enforcement), which showcases intriguing tales and the age-old dichotomy of good guys versus bad guys. Explore at your own pace, go on a guided tour or uncover museum surprises as part of a group scavenger hunt. Want a literal “taste” of old-school Las Vegas? Plan to dine at Top of Binion’s Steakhouse, perched on the 24th floor of Binion’s Gambling Hall. The restaurant dates back to 1965 when it was known as Top of the Mint, the signature dining spot at The Mint hotel tower. The interior design (and menu – think steak, prime rib, lobster and even Baked Alaska) is a throwback to an earlier era when the mob ran much of Las Vegas, but the real draw is the spectacular view through dramatic floor-to-ceiling windows.
Built in 2002, the Fremont East Entertainment District (FEED) is a six-block area that stretches from Las Vegas Boulevard East to 8th Street and from Ogden Street South to Carson. FEED is pedestrian-friendly, offering diverse street life and many eateries, cafes, bars and lounges, as well as ample shopping opportunities and lively entertainment. A must-see attraction in this district is the Downtown Container Park – a dining, shopping and live music venue made of 45 colorful repurposed shipping containers, all fronted by a two-story, fire-breathing praying mantis who made its original debut at Burning Man. Nearby is the popular Bin 702 – one of many great dining choices in the area – featuring a great selection of beer and wine, as well as a tantalizing choice of charcuterie and cheese, sandwiches and small plates for sharing.
18b sign in The Arts District.
In recent years, The Arts District – or the 18b as it’s also known (a reference to it occupying 18 blocks of Downtown Las Vegas, loosely outlined by Commerce Street, Colorado Ave, Fourth Street and Hoover Avenue) – has been growing in popularity. Its monthly “First Friday” block party and art walk features food trucks and live music, serving as a backdrop for artists showing their works off at a variety of open-air and indoor galleries. These include The Arts Factory, home to over 30 artists and art galleries, and ArtSquare, a hip establishment that houses design stores, designer’s studios, wellness spots, and food and drink outlets. Behind The Arts Factory sits one of many great dining choices in The Arts District: Taverna Costera, serving up delicious Coastal Mediterranean fusion that draws inspiration from coastal Spanish, French, Italian and Greek cuisines and beyond.
Just a couple of miles east of the Strip, along Spring Mountain Road (roughly between Rainbow Boulevard and Interstate 15), lies the city’s amazing Chinatown, which has grown in leaps and bounds over the past two decades. Here you’ll find the largest collection of Asian businesses in Southern Nevada, including a multitude of authentic Asian restaurants, gift shops, a hair stylist, a reflexologist, home decor, an Asian supermarket and the only Chinese bookstore in Nevada.
At Chinatown’s heart is the enormous and ornate Chinatown Plaza, featuring a colorful, dragon-adorned, Tang Dynasty-inspired gate and gleaming
Title: BEYOND THE STRIP: Discover the Cultural Gems of Las Vegas
Sourced From: www.barrett-jackson.com/Media/Home/Reader/beyond-the-strip-discover-the-cultural-gems-of-las-vegas-2023/
Published Date: Fri, 19 May 2023 18:07:14 +0000
2024 SCOTTSDALE AUCTION: 1967 Chevrolet Corvette Custom Coupe – No Reserve
This red 1967 Corvette custom coupe received a complete custom restoration at Springfield Motorsports in Peachland BC, Canada. The build consists of a completely new jig-mounted tube chassis with C4 corvette front upper and lower control arms riding on coilover shocks and power rack & pinion steering. The rear differential is a custom narrowed 9-inch Ford with aluminum Dale Gerry center section with Wilwood disc brakes on all 4 corners. Filling out the wheel wells are custom offset Fikse wheels.
K&S machine in Kelowna, British Columbia took the 454ci engine and machined it to 496ci it is equipped with Comp Thumper camshaft and 800cfm carburetor and it creates a true hot rod sound through the ceramic-coated exhaust. Lee Baxter upholstery created the one-off hand-stitched red leather interior with a rear storage area. It features Vintage Air, Digital gauges, power windows and a leather-wrapped vintage-style steering wheel.
Title: 2024 SCOTTSDALE AUCTION: 1967 Chevrolet Corvette Custom Coupe – No Reserve
Sourced From: www.barrett-jackson.com/Media/Home/Reader/2024-scottsdale-auction-1967-chevrolet-corvette-custom-coupe-no-reserve/
Published Date: Fri, 27 Oct 2023 15:52:01 +0000
From Hamamatsu to Lisbon: A Honda CBX 1000 restomod by Unik Edition
The Honda CBX 1000 was only in production for four years, but that was enough time for it to leave a lasting impression on the motorcycle industry. First released it in 1978 as a screaming six-cylinder naked superbike, it later faced stiff competition from its stablemate—the equally iconic CB900F. So the Japanese marque redesigned it as a sport tourer, halfway through its tenure.
The updated ‘CBX-B’ had a touring fairing, optional panniers, and Honda’s new-at-the-time Pro-Link mono-shock setup. It was a hair less powerful than before, but that didn’t stop it from becoming a legend in its own right. If you park a CBX and CBX-B next to each other, you could argue that the latter has more presence.
It’s that mystique that prompted the owner of this 1982 Honda CBX 1000 Pro-Link to buy it. Enamored with the fusion of modern technology and ancient traditions found in Japanese cities like Tokyo and Kyoto, he was on the hunt for a classic motorcycle that embodied that philosophy. When he found the CBX, the sheer brutalism of its six-cylinder engine was impossible to ignore.
“In the eyes of this enthusiast, the engine wasn’t just a mechanical marvel; it was the soul of the motorcycle, much like the heart in a human body,” says Tiago Gonçalves, founder of the Portuguese custom shop, Unik Edition. “This revelation laid the foundation for a transformative project, one that would honor the motorcycle’s origins while infusing it with a new identity.”
By: Wesley Reyneke
Title: From Hamamatsu to Lisbon: A Honda CBX 1000 restomod by Unik Edition
Sourced From: www.bikeexif.com/honda-cbx-1000-restomod
Published Date: Sat, 28 Oct 2023 16:34:54 +0000
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