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← Newsroom/Industry

10 used luxury car bargains!

Compiled by ADME Newsroom from 1 source

First reported by ReDriven · 1 November at 6:00 pm

Who's covering this — 1 article

Motoring press
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Image: ReDriven

The quick read

Full coverage

ReDriven·Motoring press·1 November at 6:00 pm

10 used luxury car bargains!

Depreciation has put some of the best luxury cars ever made within reach of everyday buyers. We look at the models that offer the most comfort, quality and presence for the money on the Australian…

Watch at ReDriven →

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The quick read

  • Depreciation has made luxury cars more affordable for everyday buyers in Australia
  • Certain models offer comfort, quality, and presence at a lower price point
  • Luxury cars that were previously out of reach are now within budget for many buyers
  • The Australian market has a range of luxury cars available at discounted prices

For dealers: Australian dealers can capitalize on the demand for affordable luxury cars by stocking and promoting these models

AI-assisted summary of the coverage below — check the original reporting before relying on specifics.

ADME commentary

The ADME angle

The depreciation of luxury cars presents a significant opportunity for Australian dealers to increase sales and revenue

What it means for stock and ordering

Dealers who stock a range of luxury models that have depreciated in value can attract price-sensitive buyers who are looking for a high-end vehicle without the high-end price tag

The key to success lies in identifying the models that offer the best balance of comfort, quality, and presence at a lower price point

Pricing and margin strategy

Dealers can maintain healthy margins by pricing these luxury models competitively, taking into account the depreciation that has already occurred

By promoting these models effectively, dealers can drive showroom traffic and increase sales of luxury vehicles

Taking action

This week, dealers can review their stock and ordering strategy to ensure they have a range of depreciated luxury models available, and develop a pricing and marketing plan to attract buyers who are looking for a luxury vehicle at an affordable price