A recent LendingTree study highlights the popularity of Tesla’s Model Y and Model 3 among luxury car buyers, based on loan inquiries from January to November 2024.
A new luxury vehicle storage facility, Maranello, is set to begin construction in Plano, Texas. The facility will offer high-end amenities and customizable spaces for sports car enthusiasts.
December 2024 saw a surge in luxury vehicle sales, pushing average new-car prices close to record levels, with EVs also contributing to the rise. Incentive trends and brand-specific changes are also discussed.