How to Buy a Used Luxury Car
Selecting a gently used luxury car can make it possible to own a prestigious brand that otherwise would exceed your budget. Other than buying privately from a local seller, you may want to consider a manufacturer's "pre-owned" or reconditioned car program, as well as traditional used car dealerships.
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"Pre-Owned" Vehicles
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It may be a polite way to say "used," but these programs include benefits you won't find in a private sale and perhaps not even on a traditional used car lot. Manufacturers offer these recent-model cars, usually trade-ins from preferred customers, with warranties and scheduled maintenance programs.
Traditional Used Car Sales
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You may be able to find the car of your dreams on a used car lot. Start with local dealerships that sell vehicles of comparable price and brand to the model in which you're interested. You could find a low-mileage trade-in that's just what you want. Make sure you know the vehicle's condition before you buy.
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Private Sales
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Buying directly from the previous owner of a car may enable you to find a great deal---or one you'll regret. Contact a dealership that sells the brand you're considering and verify whether the vehicle should have a transferable warranty. Ask the seller to allow you to have a mechanic check out the car and walk away if the answer is no.
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References
- Photo Credit car dealership 1 image by Alexey Stiop from Fotolia.com
