When you buy a used luxury car, you save on entry-level pricing but might have to spring for hidden maintenance or unanticipated repair costs. Is it worth it? That depends on your perspective and point of view. As a buyer, you have to be doubly careful and weigh all your options. There are several compelling reasons why you should buy a used Luxury car. Here are just five.
You Pay Less for A Lot More Car:
Imagine buying a 2010 Mercedes Benz with all the fixings for the same price you can buy a new Camry. We’re talking about a major luxury upgrade in lifestyle, comfort, and style for a relatively low price point. And once you have driven a feature-packed luxury car that purrs smoothly over the road, it will be hard to go back to an economy-oriented car.
Your Purchase May Qualify for A Manufacturer’s Certified Pre-Owned Program:
If you purchase your pre-owned Mercedes Benz from an authorized dealership and the car is less than four years old, you may be able to swing a Mercedes-Benz certified pre-owned program deal. Translation: That’s real-life, honest-to-goodness insurance for a pre-owned car. It works out for the manufacturer too. They inspect the vehicle thoroughly before you purchase to ensure they won’t incur costs down the road. Everyone wins.
You Can Take Advantage of Third-Party Extended Warranties:
Extended warranties have got your back in case things go wrong. Take the time to get to know the model you intend to buy. Get on the forums and ask about the things that are most likely to get the most wear and tear. Once you’ve done this, make sure your extended warranty covers what you need.
You’ll Experience Lower Depreciation:
Over the period you own the used luxury car, the rate of depreciation will be a lot lower than that of a new car. Most new luxury cars lose about fifty percent of their value over four years. Depending on the model you buy, a used car depreciates at a much slower rate, giving you good value for your money.
Independent Mechanics Can Help You Keep on Top of Maintenance:
A good mechanic with extensive knowledge of the model you’re planning to buy can troubleshoot issues and help you with upkeep. It’s an investment worth considering. If you have a relationship with this mechanic before you buy the car, they can conduct a thorough pre-purchase inspection.
