Posh car 'can raise property price'

Posh car 'can raise property price'

Having a luxury car parked in the driveway can actually hike the value of a property, a poll by Avis indicates.

Mercedes-Benz, Audi and BMW are considered the best models to have parked outside a home, along with any vehicle sporting an open top - found to be a particular attraction for female clients.

The Avis poll found that up to a third of the 2,000 adults surveyed believe this phenomenon to be true, claiming the presence of a flash car would definitely help in selling the home.

Wolverhampton was found to be the place where a flash car is valued the most, with poll participants believing the item would boost a property's value by up to £6,100.

Nearly three-fifths (57%) said they noted luxury cars in drives when going to view a home, with top-of-the-range models giving the impression it is a safe and desirable place to live.

Copyright Press Association 2014