It's now cheaper to buy an Aston Martin, Rolls-Royce and Lamborghini
- Prices of Aston Martin, Rolls-Royce and Lamborghini have dropped significantly, according to a report by USA Today
- The report suggests that prices for iconic brand name cars are dropping significantly, which could be a result of the expanding market for luxury cars
- Prices for all three brands have fallend from anywhere between $190,000 to $210,000
If reports are to be believed, then it's now cheaper to buy a Rolls-Royce, Aston Martin and Lamborghini, if you're looking around in the luxury car market.
According to data from Thinknum, USA Today reports that the average price of a used Aston Martin dropped 54 percent to $103,000 from its peak average price in 2018.
The average cost of a used Lamborghini has also reportedly dropped 56 percent to $207,000 and the average list price of a used Rolls-Royce declined to $198,000 — down 48 percent.
The price drop could be a result of the expanding market for luxury cars, the report suggests.
The luxury car market has continued to grow, with the global market size set to reach US$ 611,300 million by 2024, from US$ 423,000 million in 2019.