Vancouver Is A 'Luxury Car Capital' Where Drivers Just Got Their Licences

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Flashy luxury cars are designed to turn heads, but no one in Metro Vancouver blinks anymore as $350,000 McLarens or $250,000 Lamborghini Huracans speed by.

The city, in fact, is the luxury car capital of North America, says Craig Stowe, founder of the Luxury & Supercar Weekend show.

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“There’s been a lot of wealth generated because of real estate in this market,” he told 24 Hours Vancouver. The comparative cost of a Lamborghini or Ferrari is not a big deal when you own a $3-million home, Stowe said.

The Insurance Corporation of B.C.’s data on luxury vehicles worth more than $150,000 shows that West Vancouver has one such supercar per 142 people — the highest per-capital ownership in Canada based on 2011 census figures, the outlet reported.

Max Yi, 20, showed off his new Aston Martin Rapide S — which cost $270,000 — to Global News, telling the outlet he bought it after crashing his Bentley.

And there appear to be many young drivers behind the wheel of these luxury cars — which sport tell-tale “N” stickers. The green decals indicate drivers are in the novice second step of B.C.’s graduated licensing program.

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Source: HP

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