My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Sit in the Lap of Luxury

Making the rounds in a top-of-the-line sedan never looked so good.
Magazine Contributor
2 min read

This story appears in the March 2007 issue of Entrepreneur. Subscribe »

Need to justify the luxurious business sedan you just bought? Residual value should be near the top of your list. When buying a new car, depreciation and future resale financials are major factors, notes Kelley Blue Book market analyst Jack R. Nerad. "The average vehicle retains only about 35 percent [of its value] after a five-year ownership," Nerad says. "But some retain closer to 50 percent." Among those are high-end luxury models whose residuals after two years can approach 60 percent. For instance, the 2006 percentage for the Infiniti Q45, replaced this year by the M45, is 56 percent; for the Cadillac STS, it's 57 percent; and for the Lexus LS460, it's 60 percent.

Infiniti's current flagship M45 sedan has an exceptionally spacious cabin. A Bluetooth hands-free phone system, DVD-based navigation system, optional lane-departure warning system and rearview monitor for backups make the $49,100 sedan a stunning addition to your business assets. It's powered by a 4.5-liter 325-horsepower V-8 engine with a five-speed automatic transmission/manual shift mode. Trunk volume: 14.9 cubic feet.

Cadillac's $42,250 STS luxury sedan improves its On-Star navigation and assist-ance service on 2007 models by adding a live advisor who gives you turn-by-turn directions played through the stereo system. The STS has a new, hydramatic six-speed automatic transmission teamed with its 3.6-liter 254-horsepower engine. Trunk volume: 13.8 cubic feet.

The Lexus LS460, priced at $61,000, is so loaded with technology, it's a rolling computer with sofa-like seats. A parallel parking system helps simplify the chore; a keyless on/off dash button starts and stops the engine; the world's first eight-speed automatic transmission is teamed with a 4.6-liter 380-horsepower V-8; eight air bags help ensure safety; and radar guides cruise control. Optional rear-view cameras monitor backups on-screen. Trunk volume: 18 cubic feet.

Jill Amadio is an award-winning automotive journalist and author.

More from Entrepreneur

David provides constructive insight to help businesses focus on their company growth, build brand awareness and know when and how to raise money.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Create your business plan in half the time with twice the impact using Entrepreneur's BIZ PLANNING PLUS powered by LivePlan. Try risk free for 60 days.

Latest on Entrepreneur