So, you’re thinking about buying a used car.
But there’s one thing making you nervous - how long will your new-to-you vehicle last?
If you’re looking for a blend of reliability, performance, and price, a pre-owned luxury vehicle is often the right choice.
Why? Here are 3 ways that pre-owned luxury vehicles come out ahead of new cars and other used cars.
1. Less Repair Costs than the Average Used Vehicle
Maintenance and repair costs are often a big barrier to purchasing a used car. You often get what you pay for, so if you go too low on the sticker price, you’ll probably end up racking up a pretty hefty repair bill. If you’re handy and have the time and expertise to make repairs yourself, this may not be a big deal. But for most of us, combined costs for parts and labor can rack up fast, making a beater more of a black hole than a shortcut.
A good compromise? A pre-owned luxury vehicle. You’ll snag a much lower price (cars depreciate as soon as you drive off the lot, racking up a 20% average depreciation in the first year, and a 15-25% depreciation for the next four, according to the experts at Carfax.)
Plus, you’ll avoid the pitfalls of older used vehicles with a less rigorous inspection process.
At Poquet, we look for the lowest mileage cars that have been returned from one-time lessees or owners. We perform a rigorous inspection on each vehicle, including a 11-point mechanical inspection. Quality is our #1 priority, and we check and double check each car to make sure it has been well cared for.
2. Coverage Under Extended Warranties
Cars are just machines, and eventually, one part or another is going to wear out and need to be replaced. This is an unavoidable part of buying any vehicle, used or new. Still, there is some risk associated with buying any vehicle, used or new.
If you’re planning to keep the vehicle around for a few years and want peace of mind, an extended warranty can be a great investment. Wondering if warranties pay off for newer, more reliable cars? While the frequency of repairs may be less, technology has gotten more complex, meaning each stop at the garage may eat a bigger hole in your wallet.
For more details on extended warranties and when they may be right for you, check out this post.
3. More Car for Your Money
For the value, there’s often no better option than a pre-owned luxury vehicle. Whether you want high-tech features at a low price point, modern safety features, or simple reliability, pre-owned luxury is often the way to go.
Want more information? Here are 3 reasons pre-owned luxury cars are a smart buy.
Buying Smart: Our Top Two Tips
You’ve decided the type of vehicle you want, from fuel efficiency to features and price.
What else can you do to make sure you end up with a solid vehicle?
1. Look for a Dealership with No-Haggle Pricing
You need a buying process that puts you in the driver’s seat. That’s why dealerships like Poquet offer no-haggle pricing. Our process is based on clear pricing from the start. Why? We’re not in the business of haggling; we’re in the business of finding the best luxury, low-mileage used vehicles and passing that value onto our customers. Learn more about no-haggle pricing here.
2. Check the Customer Reviews
You need a car dealership that puts its customers first. Wondering how the dealership you’re considering stacks up? Head to their customer reviews to see what past buyers have to say. Looking for other sources? Cars.com and DealerRater are also great places to check out your dealership.
Find a Smart Buy Today!
Pre-owned luxury vehicles offer an unbeatable driving experience, top-of-the-line safety features, and the most car for your money.
If that sounds like a good deal to you, check out our inventory online, or give us a call at (763) 522-2000. We’ll help you find the vehicle that’s right for you.