Rolls-Royce has always been known to be the most luxurious car brand in the entire world, and they truly are special vehicles. We imagine Rolls-Royce owners as ultra-wealthy businessmen, high profile celebrities, important dignitaries, royalty, and other VIP’s. You probably wouldn’t expect a Rolls-Royce enthusiast to lease a vehicle from the company, as that would just be silly right? Well apparently it may not be as strange as you’d think due to a recent study that has come out suggesting that it may be in your best interest to lease one of these exceptional British automobiles.
Data has come out that in fact more and more people are opting to lease luxury vehicles, including high-end ones like Rolls-Royce. Gerry Spahn, who’s the head of corporate communications for Rolls-Royce North America, has recently said that around 40% of Rolls drivers actually are leasing the cars, most of which are their “entry-level” vehicles. Some dealerships in America offer leasing programs for Rolls’ like a 60-month lease for a 2015 Ghost that costs a $30,000 down-payment and $2,699 per month. For many, that is a more affordable option that owning one. As interest rates are low and the fact that all cars depreciate very quickly, leasing a Rolls-Royce suddenly seems like a good deal giving the user the most value for their money.
Leasing these types of cars in not only a good idea for the consumer, but the dealerships as well. A lease allows for regular communication between the two parties, and it lets dealers know when a customer will be looking for a new car, allowing them to restock accordingly. Studies have also shown that those that lease take better car of their cars, which increases their after-market value down the road. Rolls-Royce can these use these used vehicles for their “Provenance Program”, which is their program dedicated to selling preowned cars (they don’t like using the words “used” or “preowned”).
Also like their bespoke cars, Rolls-Royce offers pretty customizable financing options for buyers, ensuring that your payments and your plan is best suited for your needs and is properly aligned with what you make and how you use the vehicle. So in the end, unless you are a billionaire, it actually makes more sense to lease a Rolls-Royce than to buy one outright.
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