Is Buying a Used Luxury Car Worth It?

2020 BMW X1 SUV driving on dirt road

If you are considering financing or leasing a pre-owned high-end vehicle in Concord or Bedford but you also don’t want to break the bank, you might be asking yourself, “Is buying a used luxury car worth it? Tulley BMW of Manchester can help with our guide to the benefits of buying a used luxury car–explore below, and don’t hesitate to contact us if you have any questions.

5 Advantages to Buying a Used Luxury Car

  1. Less Depreciation. If you are considering a new mainstream car and a used luxury car that are close in price, the used luxury car will likely experience less depreciation when you drive it off the lot than the mainstream model that is being purchased new. This is because the original owner of the luxury car already took the biggest depreciation hit when they bought the car new.
  2. High-Quality Materials. You can get more luxurious interior trimmings like grained leather seats and real wood accents in a used luxury vehicle for less.
  3. Advanced Technology and Safety. Since many luxury brands are on the forefront of in-vehicle technologies, mainstream brands will be adding features to their new models by the time the luxury models with the same technologies are already a few years old. Heated seats, touchscreens, and adaptive cruise control features aren’t out of the question with older luxury vehicles.
  4. Dealership Perks. If you purchase a used luxury car at a dealership and get it serviced at their authorized service center, you can usually get luxury loaner vehicles, as well as facility perks like a complimentary cafe, a luxury brand merchandise shop, and more. If you purchase a certified pre-owned vehicle, you may even have some warranty benefits like roadside assistance.
  5. Excellent Vehicle Condition. Since many luxury brands offer several years of complimentary scheduled maintenance in their new vehicle warranties, that means when you buy a used luxury car that’s several years old, it is likely to still be in very good shape. And if you choose a certified pre-owned model, you’ll be even better off.

What Is the Best Used Luxury Car?

Depending on your needs as a driver, your location, and your budget, the answer to the questions “what is the best luxury car to buy used” will vary. However, there are a few reasons why a BMW might be one of the best used luxury cars and one of the most reliable used luxury cars for your Hooksett drives:

2019 J.D. Power Dependability Award Fewest problems reported by 100 car owners during the last 12 months with their 3-year old vehicle.

  • Most Dependable Compact Premium SUV: 2016 BMW X3
  • Most Dependable Midsize Premium Car: 2016 BMW 5 Series

2018 J.D. Power Quality Award– Fewest problems reported by 100 car owners during the first 90 days of ownership.

  • Highest Quality Compact Premium Car: 2018 BMW 4 Series
  • Highest Quality Midsize Premium SUV: 2018 BMW X6
  • Highest Quality Small Premium SUV: 2018 BMW X1

2018 Consumer Reports Reliability Study – Fewest problems with the most miles among a 500,000-vehicle study.

  • BMW placed as the 8th most reliable in a list of 29 brands, beating out competitors like Porsche, Mercedes-Benz, Acura, and Lincoln.

Find a Used Luxury Car in Manchester

When you are ready to take a pre-owned luxury vehicle home to Londonderry or Auburn, browse our inventory to find your favorite used vehicle for sale at Tulley BMW of Manchester.

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