Author
The Author is the Co-Founder and MD of Luxury Ride
Given the semiconductor supply shortage due to the Covid disruptions, the industry saw a massive change in consumer behavior, which showed a paradigm shift towards the pre-owned car for its price value and uncompromised performance against the long waiting period of new cars that in certain cases extended to as long as 6 months and even more. While solving the issue of semiconductor shortage, the pre-owned luxury cars come with a backup of a wide gamut of advantages and enhanced facilities that make them the most preferred choice for the customers.
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The biggest benefit of a pre-owned luxury car is that you will have lower insurance premiums than a brand new one.
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Since the majority of the Luxury vehicle target groups are businessmen, their focus will primarily be on getting their businesses back on track.
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