Advantages of buying a used luxury model
Are you interested in buying a luxury car, but not paying the luxury price? Are you concerned about depreciation when it comes to your used luxury car purchase? You shouldn’t be, and we can tell you why as we explore the advantages of buying a used luxury model.
Is deprecation bad for used luxury cars?
When it comes to buying a used luxury vehicle, depreciation is actually your ally. It’s well known that new cars depreciate fast, but luxury cars depreciate even faster in the first year. After that, their depreciation slows with many even depreciating slower than comparable used non-luxury cars.
This is because many luxury car buyers will only consider buying new as it is a status symbol to them. However, a used luxury car can still be a status symbol, and what’s more, they come with loads of features and technology that you can’t find anywhere else. If you want a vehicle that is at or near the cutting edge, then buying a used luxury car may just be your best option.
What luxury brands are there?
There are a lot of luxury car brands out there. Let’s start with the well-known European models like BMW, Audi, and Mercedes-Benz. You can also consider brands like Rolls-Royce, Bentley, and others but they are far less common and come with a far higher price tag. Outside of Europe, Japan also has several luxury brands including INFINITI, Lexus, and Acura. Korea also has one luxury brand available here called Genesis.
Of course, you also have the U.S. brands. Both Chevy and Ford each have luxury lines with Cadillac and Lincoln respectively. GM also has two brands that sort of sit in between Chevy and Cadillac with the more luxury-focused Buick and GMC lineups.
Used luxury vehicles in Redding, CA
At Park Marina Motors in Redding, CA, we focus on having a ton of options for our customers. Not only does that mean cars, trucks, and SUVs from all the major brands, but it also means a wide variety of luxury models. Click the link below to see all the luxury models we currently have in our lineup.