Buying A Used Luxury Car: Pros And Cons

One of the bigger benefits of going for a pre-owned car, apart from the price factor alone, is that you can get to buy your desired vehicle that would have otherwise been out of your reach as a brand-new car. This is especially true when it comes to luxury vehicles, which are accessible to only a select group of customers in the new car market, and to a much wider group of buyers in the pre-owned vehicle space. If you too are planning to enter the premium or luxury car space, via the used car market, here are some pros and cons that you should know about.

Also Read: Buying A Used Car vs A New Car - Pros And Cons

Pros of Buying A Used Luxury Car

Cons of Buying A Used Luxury Car

1. While used luxury cars are cheaper to buy, they are still expensive to maintain, so keep that in mind before you decide to get one. You should plan the ownership expenses before you buy the vehicle, and make sure the luxury features you're looking for are worth the inevitable maintenance costs. If you need your vehicle to keep performing well then you will have to spend money on periodic maintenance
2. If you are buying a used luxury car for its high-end creature comforts and performance, then you cannot think about fuel efficiency. Remember that luxury cars often feature heavier frames and larger, more powerful engines, so the fuel consumption will also be much higher. In most cases, you'll barely touch double-digit figures. Also, a lot of luxury cars require high octane fuel, so you'll not only be spending more on fuel but will also have to pay more for it.
3. Older the car, the cheaper the price. So, if you are looking for a luxury car on a budget, you will have to go for a slightly older model to save some money, however, that means the features offered with the car will also be much older, and not as cutting-edge as something that a brand new model will offer. For some, it might not be a big deal, however, if you're more of a tech-focused consumer, this could be a major consideration.

   In addition to multi-branded retails brands like Big Boy Toyz and Luxury Ride, several manufactures have their own pre-owned car division as well

Right now there are several organised selling in the luxury used car market. In addition to multi-branded retails brands like Big Boy Toyz and Luxury Ride, manufactures like Mercedes-Benz India and Audi India too have their own pre-owned car division. Of course, you can also look for private sellers.

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