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
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