There are two schools of thought when it comes to buying a new car: some people think you should buy a brand new lower-end vehicle that doesn’t have any wear and tear on it. Other people think it’s more practical to spend the money on used luxury vehicles. They might cost the same as a brand new no-frills Kia, but they offer a long list of perks that you can still take advantage of, even if you aren’t the first person to sit behind the wheel of your vehicle.
If you can’t decide if it is more practical to purchase a brand-new “every man’s” car, or used luxury vehicles, we’ve put together a few benefits used luxury cars, so that you can weigh out your options:
Four Benefits of Purchasing Used Luxury Vehicles
- Maintaining Equity
You probably know that the moment you drive your brand new car off the lot, you immediately lose a portion of your investment. The moment your brand new car leaves the car lot, it has “used cars” status. The value it maintains after that depends on the type of car you purchased and the condition it is in. This is why used luxury vehicles are a practical purchase:
- When you purchase a pre-owned luxury car, like a used Mercedes-benz, it holds its value far longer. The value of a low-end car will plummet quickly in the years after you purchase it, but when you decide to sell or trade in your luxury vehicle, you’ll find it still holds quite a bit of the value.
- As far as return on investment goes, buying a used luxury vehicle is the way to go. Since it is used to begin with, you don’t have to pay the added dollars for the “new car” smell. When you sell it, you’ll recover more of your investment than if you’d used the same money to buy a brand new car that is lower-end.
- Luxury model cars get their luxury label for having superior quality. While a lower-end vehicle is only designed to withstand x number of years of wear and tear, luxury cars stand the test of time longer, which allows you to get more of your money out of it in the long-run.
- Superior Safety
You really can’t put a price tag on safety. One of the big benefits of purchasing a luxury car is that they are often ten years ahead of the lower-end vehicles in safety. So if safety is an important factor to you, you might think that buying a brand new car will give you the greatest measure of safety. In reality, the technology in a brand new lower-end vehicle is going to be less than or equal to a luxury vehicle that’s a few years old. You might find that the safety technology in a used luxury vehicle is better than what you’d find in a lower-end car that costs the same amount because you’re the first owner.
We don’t think you’re a shallow person, but this is a point that’s worth mentioning. All of our moms told us not to judge a book by its cover, but in reality, its human nature. Much of our opinion of a person is sized up in our first impression of them. If you are in a line of work that you want to convey an image to others that you have it all together, driving a luxury vehicle is a good way to make a great first impression. Driving a brand-spanking new low-end car doesn’t have as much of an impact on a person’s impression of you than if you buy a used luxury sports car that’s just a couple years old. It’s a simple way to build your clients’ or colleagues’ confidence in you.
They say it’s not the destination, it’s the journey, right? Well, the journey is far more enjoyable in a luxury car. The cool feeling of resting on leather seats. The way the car handles while you steer it. The smoothness of the tires turning. The silence of the pistons inside the engine. This all adds up to offer a precise and relaxing trip. You just don’t find this in a regular-Joe vehicle, even a brand new one.
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