9 Reasons Why People Buy Luxury Cars

5. Investment

Yes, buying a luxury car is actually an investment. As the time goes by, the value will increase (in most cases), depending on the maintenance and overall care. This is especially true for rare models, or cars that had been owned by notable people. Steve McQueens Ferrari has been sold at an auction for 12,000,000 USD. And the new owner could probably sell it for more money, if he chose to.