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Buying a Used Luxury Car

Published on Oct 25, 2022 by Kunes Staff

When looking to buy a car, you want the best features you can get, given they fit into your budget. Being on a budget doesn’t mean that you have to sacrifice luxury and great, top-of-the-line, features. This is a great chance to look into purchasing used luxury vehicles. 

 

When buying a used luxury vehicle, you can still have the latest and greatest premium vehicles all at a much more affordable cost. It’s so much more affordable because you get to skip the depreciation stage of purchasing a luxury car. Once you drive a new vehicle off the lot, it loses lots of value, especially luxury vehicles. If you buy used, you get to skip this loss altogether. If you’re worried about someone potentially having mistreated the vehicle before you- consider this. Those who do purchase a brand-new luxury vehicle are going to take excellent care of it to maintain its value as much as they can since they will likely want to trade it in for another new vehicle in a couple years. Also, many new luxury car buyers will opt to lease instead of purchase, which means they are bound by contract to take good care of the vehicle and drive a smaller amount of miles per year than many people typically do. If you look specifically for Certified Pre Owned (CPO) vehicles, then you may get even more value for your money with the warranties you can receive with that.  

 

Overall, if there is a specific make and model you’ve been looking to purchase and want a better deal, buying certified pre-owned or used is an excellent way to score a high-end vehicle at an affordable price. If you’re not set on a specific make/model, you may also consider purchasing an upgraded trim on a more affordable, standard brand. This way, you’re still getting that luxury feel but also for a more budget-friendly price. If you have any questions regarding used luxury vehicles, please do not hesitate to contact us here or give us a phone call at Kunes Honda of Quincy.