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Posts Tagged ‘used luxury cars’

Buying Used Luxury? Think Twice

November 5th, 2014
How much are those rings worth to you?

How much are those rings worth to you?

Driving a luxury car for the price of a Honda is an appealing proposition.

I’ve advocated for it on these very pages. Why would someone spend $25,000 on a new Accord or CR-V when they could have a used Audi A6 or Q7?

The benefits make it seem like a no-brainer. For the same money you get more luxury, more brand panache, better performance, and an all-around cooler vehicle. Everything’s great, up until your new luxury car needs some basic maintenance and repairs.

I’d like to share my personal story, so you might avoid the fate that has fallen upon me.

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Car Minded, Car Safety, Car Shopping, General Chat, Trucks & SUVs , , , , ,

The Cadillac of Big Sedans Isn’t a Cadillac… Yet

September 24th, 2014
Cadillac Elmiraj Concept

Cadillac Elmiraj Concept

There are two great ironies in this world.

The Cadillac name, throughout the ages of its existence, has survived as a stand-in for luxury, even as the cars themselves have lost much of their cachet over the years.

Today we see and hear “the Cadillac of such-and-such,” over and over, as the name stands for the highest attainable levels of quality.

That’s great irony number one. Today’s Cadillac models, while fine cars, aren’t associated with the best of the best.

Great irony number two is this:

There’s isn’t currently a “Cadillac of Cadillacs.”

However, that is about to change.

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Car Industry News, Car Minded, Car Shopping, Domestic Cars, Foreign Cars, General Chat , , ,

Do You Have an Older Car That Has Aged Gracefully?

July 5th, 2013
Sure, they looked pretty good when new...

Sure, they looked pretty good when new…

Aging gracefully is important, for humans and automobiles. As this isn’t a blog about Homo sapiens, I’ll refrain from my judgments on the human side of age and grace.

No car, though, is off limits.

Take a couple of 10-year-old cars, put them next to one another, and note the difference in how they have aged. Obviously, how the well the car has been cared for makes a huge difference in the way it looks. Some cars, though, just look every bit their age, while others still look surprisingly new. That’s a function of design and build quality.

Take, for example, these two vehicles:

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Car Minded, Car Shopping, Classic & Vintage Cars, Domestic Cars, Foreign Cars, General Chat , , ,

When New Cars Lose Value Fast, Used Buyers Win!

April 30th, 2013
2009 Jaguar XF Supercharged

2009 Jaguar XF

Quick depreciation is a terrible thing. And a beautiful thing.

For buyers of new luxury cars, a sinking value can lead to abandoning a car after just a couple years of ownership. For buyers of used luxury cars, it can lead to some killer deals on cars that would have been unattainable new.

Think about it: If you had the choice between a brand-new, top-of-the-line Toyota Camry or a 3-year-old Jaguar XF, wouldn’t the Jag bring you an exponentially greater amount of happiness? Of course, it might also bring heftier insurance and repair bills, but that’s beside the point. We’re talking image here—and a well-priced used luxury car can provide ample amounts of that!

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Car Minded, Car Shopping, Domestic Cars, Foreign Cars, General Chat, Trucks & SUVs , , , , ,

Low-Cost Luxury Spurs Tough Decisions

February 26th, 2013
Mercedes-Benz CLA-Class

2014 Mercedes-Benz CLA 250

At some point in our lives, each of us must face The Decision.

For some, The Decision must be made immediately upon college graduation. For others, it doesn’t surface until later in life. But The Decision is unavoidable. Automakers know about The Decision and will do anything in their power to help you make the one they believe is right.

For them, the earlier The Decision is made, the more likely they are to earn a lifetime customer. That is why more and more luxury automakers are rolling out entry-level cars. Convince a 25-year-old to make The Decision, and many years of profitable upgrades await. The Decision, or course, is whether to spend money on an entry-level new luxury car or spend the same amount on a late-model, higher-end used car.

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Car Industry News, Car Minded, Domestic Cars, Foreign Cars, General Chat , , ,

Prices of Used Luxury Cars Set to Drop?

June 19th, 2012

2013 Lexus GS

Buying a new Lexus has always meant two things:

  1. You get a trouble-free, comfortable vehicle that will last as long as you want to keep it.
  2. When the time comes to sell, you know your car has kept some value and will command a nice resale price.

Those times may be coming to end, though, thanks to the good people over at BMW and Mercedes-Benz.

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Car Industry News, Car Minded, Car Shopping, Foreign Cars, General Chat , , , ,