Interested in buying a luxury vehicle but not in spending money to do it? Lets consider the pros and cons of used luxury cars compared to new standard cars.
New conventional cars professionals
Excellent condition. Because they are brand new these vehicles will have very low mileage and no previous ownership. On the other hand previously owned vehicles will vary across the line if mileage and condition.
Better Longer Warranties. The typical new car has a three year warranty and a five year drive warranty.
Selection. When you buy a new conventional car you can find the color and model you want from your local dealer. If the dealer does not have the special brand and model you are interested in they can order one and get it delivered to your party for you.
Incentive Pricing. Dealers will often offer exciting incentives for new vehicles to attract buyers to make a purchase based on lower prices or interest rates. You are more likely to stop paying a higher interest rate on proprietary vehicles.
New technology. Newer vehicles will have the most current technical features not only related to entertainment systems but also safety eg airbags.
Maintenance. When you buy new only standard maintenance needs in the first years of ownership. This includes things like rotating your tires and changing oil.
New conventional cars disadvantages
Depreciation. New vehicles lose value when you drive them off the party.
Standard. Your new conventional vehicle purchase is not a luxury vehicle. If youre just looking to get from point A to point B that should not be a big deal. But if you had your heart set for a luxury model you might finally regret your decision to own a new standard vehicle.
Use luxury cars Pros
More Extravagance. It may happen but the exterior and interior of a luxury vehicle will still be nicer than standard models. Nicer materials are used to build the car and there is usually more power under the hood.
Depreciation value. As with all finished vehicles the previous owners took the biggest hits depreciatingly. Using luxury cars usually also takes less depreciation hits overall compared to standard models.
Used luxury cars cons
Warranty Maintenance. There can only be very little guarantee left on a pre-owned deluxe vehicle or there can be no one at all. In addition since previously owned vehicles have more mileage than new vehicles operated by the party they will cost more money to be retained. In addition repairs to a luxury vehicle will also be more expensive as the parts become more expensive.
Available Options Technology. Previously owned vehicles may be more limited in selecting the make model and features based on availability and you may not necessarily find all the options you are looking for. In addition just because its a luxury car does not mean it has all the bells and whistles. It can only be the base model for a luxury vehicle. In addition because the vehicle is older the technology can not be as advanced as the one on a new standard car.
Efficiency. Non-deluxe vehicles tend to be more fuel efficient than luxury models. In addition newer standard cars are likely to include the latest technology to increase the efficiency of previously owned luxury cars.
Many people want luxury vehicles and buying pre-owned luxury cars is one way to get prestige to own a more sumptuous vehicle. But if you are still considering buying a luxury vehicle a good dealer should be able to help you navigate your available options and find the luxurious option that suits you. Make sure you talk with an experienced seller to weigh all the pros and cons of a car purchase before making your final decision.