4 Excellent Reasons for Buying a Used Luxury Car
4 Excellent Reasons for Buying a Used Luxury Car
Posted on January 11, 2017
Often called “aspirational vehicles”, luxury cars are items that many fantasize about owning, but few take the steps to purchase. The way in which they command attention from onlookers, means that to rule the road, you need your own luxury car.
Despite the perception, owning a luxury car doesn’t have to empty your wallet. Buying a used luxury vehicle will provide many of the same benefits of a new one, but without breaking the bank.
- Better Car at a Lower Price
The foremost reason for buying a used luxury car is the benefits the car itself provides. Luxury cars are desired for a reason—they are quality vehicles with many well-made parts.
The price difference between a new and a used luxury vehicle can be as high as $260,000. However, even discounted, the engine in one of these vehicles is usually better than similarly priced counterparts. Of course, by being a luxury car, it’s also ahead of other vehicles in regards to style.
- Manufacturer’s Certified Programs
Pre-owned cars will qualify for the manufacturer’s certified programs if purchased from an authorized dealer of the brand. These cars undergo a thorough inspection to ensure that the manufacturers don’t have to pay down a huge amount after you purchase the car. Once the cars pass through this program they are termed as Certified Pre Owned (CPO) models.
- Bargain Pricing
Depending on the price and model, some luxury cars will see a dramatic decrease in value within the first 1-3 years from its original price tag. Most of the depreciation will take place when it leaves the first time it leaves the dealership. Make the most of the depreciation by buying it used and severely discounted.
- Solid Craftsmanship
Even when used for several years, any pre-owned luxury car will hold more value than mainstream counterparts. The seats are made of better leather, the pad is of a higher quality and the stitching is so smooth that it can barely be felt.
The exterior of the car is also superior. The switchgear is stronger, the doors are of a better value, and all the different components under the hood are simply built better.
Despite the value, take some time to really understand the pros and cons of buying a luxury vehicle. Don’t let it be an emotional, gut impulse. Know what you’re getting into, so you can feel you made the right decision.