Reasons for Buying a Used Luxury Car Over a New Economy Car?

The used car market is growing rapidly in India, allowing you to explore a wide range of preowned luxury cars from reliable dealers. With numerous quality checks and premium service from these dealers, the difference between old luxury cars and new luxury cars becomes negligible, except of course for the price. But people are often confused whether they should buy a new economy car or a used luxury car with the same money. Well, here are a few benefits of buying second hand luxury cars to help you make an informed purchasing decision.

Price:

Cars are a depreciating asset and they lose value with each passing month and kilometres. But new cars depreciate more than older cars. In fact, some car models can even lose up to 40 percent or more of their value in just one year. But as the car becomes older it doesn't depreciate quite as quickly. For example, a Honda City when used for three years will depreciate more than an old BMW 5-series for the same period.

Stable Depreciation:

Before buying a used luxury car in India, make sure to research the market well and compare all the available options. The preowned luxury car market is an emerging industry in India and over the years, several vendors have set up their business in this industry. Now, finding a dealer is easy but choosing the right dealer can be a challenging task. So, it's essential to check the customer reviews along with the dealer's past sales record. Furthermore, you must ensure to make the deal only with a certified dealer.

Safety:

Most advanced safety features that we take for granted in today's economy cars were first introduced in luxury cars. Airbags, ADAS, 360-degree camera, cruise control, ESP, EBD, ABS, TPMS, and so on were featured in luxury cars first. In most cases, a four or five years-old luxury car will offer more safety features than a new economy car at the same price.

Leading-edge Comfort and Convenience:

When you sit inside a luxury car, you'll come to know what is a luxury car. These cars offer unmatchable comfort along with a host of advanced features. In fact, some common features that are now a necessity in a car were also debuted in luxury cars. Bluetooth, automatic climate control, power windows, ventilated seats, navigation, infotainment system, electric sunroof, and many such features were first offered in luxury cars. Even a five years old luxury car will offer more comfort and features than a new economy car.

Performance:

Luxury cars are not only known for offering high-class comfort, safety, and numerous features but they also offer excellent performance. When it comes to driving pleasure, these cars are absolute beast. Once, you have experienced the smoothness, power and handling of a good luxury car, you won't enjoy driving an economy car with small engine and less performance. And, you don't need to buy a new luxury car for high performance. If you are a car enthusiast and looking for a performance-oriented vehicle then buying a preowned luxury car will be ideal for you.