Luxury cars are called “luxury” for a reason. Many people can’t picture themselves ever owning a vehicle belonging to the legendary “luxury” segment. However, if you opt to buy a used car instead of a new one, you won’t have to wait until you’re a country club member to own a luxury vehicle. You could have one in your driveway as soon as tomorrow.
Let’s say you’ve budgeted everything out and you’ve decided you can afford to spend about $30,000 on a brand new car. That’ll get you a solid, practical, non-luxury vehicle, maybe even with a few available features to make life more comfortable and convenient. However, you could use that money to buy a used luxury vehicle with a plethora of standard features and all the goodies its class implies.
The brand new non-luxury car would be in perfect condition since it would be fresh from the factory, so that means less maintenance and more variety - however, non-luxury vehicles depreciate, or lose their value, significantly faster than luxury vehicles. Additionally, used cars generally retain their value better than new cars, so a used luxury car doubles up as a great investment.
Of course, there’s also the prestige of being able to own a luxury car, even if it’s a few years old. There’s no shame in wanting to indulge every once in a while. So Take a moment and look through our used luxury inventory here at Dan Pfeiffer Used Cars!