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Luxury cars exude exclusivity, like youre part of a club that only a few can join.
Innovations in the automotive industry offera range of high-end carscatering to discerning customers whims.
Many luxury cars arent worth the investment due to how much their value drops over time, Gelfand said.
GOBanking Rates talked to Gelfand, who has driven hundreds of luxury car models.
These are the threebest and worst for your money.
The cost for a 2023 Audi TT (Coupe) starts at around $54,000.
Fans praised the TT Coupe for its top-notch interiors, which are made with premium materials and sleek design.
This car is worth every penny for its incredible driving experience, Gelfand said.
It handles beautifully, and its turbocharged engine makes driving on highways and winding roads a joy.
Its packed with advanced safety features and cutting-edge technology, ensuring a top-tier experience, Gelfand said.
The E-Classs suspension system also ensures asmooth and comfortable ride.
It alsohas specific maintenance needs, like using premium synthetic oils, which adds to the overall cost.
Maserati Quattroporte
The Maserati Quattroporte was named the Undisputed King of Depreciation.
These issues lead to expensive repairs, and parts and labor for Maseratis are costly, Gelfand explained.
Its interior qualitydoesnt always match the high standardsset by other luxury brands, Gelfand said.
The infotainment system also lags behind its competitors.
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