How to buy a car like a celebritaunt

When it comes to celebrities and their automobiles one would assume that the only vehicles that your favorite movie star drives, would be a Bentley or Rolls Royce.  It might fascinate you to know that our “celebutantes” like Katy Perry and guys like Robert Downey Jr, and Mark Zuckerberg drive the cool and practical vehicles just like you.  So what are their buying patterns?  What would make them choose vehicles in this category?  Do you think that these individuals lease or pay cash for their cars? Are celebs as concerned with insuring their vehicles as you might be? In this blog, you might discover some points on how and why celebrities make their choices.

One of the choices a celeb makes is to buy or lease their cars.  One reason they might choose leasing over buying is tax deductions.  They have huge incomes and need the write-offs.  So what better way to get a tax deduction than to lease your car?  Besides the idea that they have very busy schedules, and not much time for servicing their cars, they are able to write off a large portion of the vehicle. The other aspect is the warranties on leased vehicles.    With leasing programs vehicles are never out of warranty. This is one less thing for them to be concerned with.   If you haven’t leased a car yet, you might want to find out how to never pay for scheduled service again by leasing your car.  Celebs are very smart on leasing or purchasing their cars, or so it seems.

How is it that they are so smart? Most of these individuals have accountants and financial planners and although money may not seem like an issue and we would guess that then can purchase whatever they want.  However, the fact is their entourage of executives supporting their careers maintains their financial status. They do this by saving them as much money as they can.  We can learn a lot about the auto world by following the famous or their CPA’s.   These braziliant peeps pay cash for used vehicles too.  If you were researching a vehicle for your boss,  “The Biebs” you might learn that a vehicle depreciates in value by 20%.  So your advice to the teen heartthrob would be possibly paying cash. Bieber might give you a raise if you were still trying to save him money. However, advising him on insuring his car is equally important?

When it comes to insuring a car, high achievers have to follow the same rules as well as the rest of us. Just because they have star power doesn’t mean they get away with breaking the law. But what you may not have known is they often have to pay higher insurance rates because of their famous status.  Besides people like Lindsay and her many car accidents, these individuals are often chased by paparazzi making them high risk motorists. On the other hand, these wealthy individuals often pay higher premiums due to auto theft.  Auto theft is more prominent in this demographic.

So not only are these normal individuals, they have the same types of concerns and issues as you do when it comes to purchasing, leasing, and insuring a vehicle.

Here is a list of some celebs and their smart not stuffy auto’s. Perhaps your brand is included?

Mark Zuckerberg can often be seen in his wife’s Acura TSX

Katy Perry drives an Audi A5

Skater Rob Dyrdek just gave away his “Urban Assault Vehicle” Chevy Tahoe

Sarah Jessica Parker drives her children around in a Honda Odyssey.

Jeff Bridges is the Spokesperson for Hyundai

Transformers Josh Duhamel tools around in his GMC Sierra truck.

Angela Lansbury likes to shop in her Kia Soul

Robert Downey Jr. gets serious with the Nissan GT-R

Andy Garci was just on the British show Top Gear for test driving a Suzuki Aerio

Julia Roberts enjoys trips in her Toyota Prius

As flamboyant as these famous people can be, they are also savvy, smart, and practical just like you! 

Watch for our blog next week and don’t forget to like us on Facebook, Twitter and Pinterest.