Finance

Published on October 27th, 2020 | by Bibhuranjan

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Why Buying a Second Hand Luxury Car is Totally Worth it

Buying a luxury car is a big aspiration for many people and some car enthusiasts save money for years just to get that royal feel of driving a handsome car past other vehicles on the road. Luxury cars provide more than just comfort as they become status symbols and make people feel exclusive. Apart from the symbolism, these cars offer premium features and facilities that cheaper cars cannot provide. However, most people cannot afford a Mercedes, BMW, Audi or Jaguar because of the skyrocketing prices.

The second hand car market has become more popular in the past few years as buyers now see the advantages of owning a used car over buying a new one. Due to this, buying a luxury car is now a possibility for more people than ever before. Yet, people often feel the dilemma of choosing between a pre-owned luxury car and a brand new economical car. In such situations, buyers simply need to remember that second hand luxury cars can provide the same features as their brand new counterparts.

Benefits of buying second hand Luxury cars

Affordability

A used car will always be cheaper than a new one and a buyer can use a used car calculator to determine the real value of the car before purchasing. This will help you save a lot of money and still get the car of your dreams at a price you can afford. For further assistance, buyers can take a used car loan and benefit from the used car interest rates that are much lower and convenient.

Better features and Reliability

Luxury cars are priced so high for multiple reasons which include better performance, high comfort, excellent safety features and of course reliability. A normal car cannot take as much wear and tear as a luxury car which will smoothly cross many more milestones and still remain luxurious and flamboyant.

Extra cost cutting

Apart from being affordable as compared to new cars, used cars also provide some extra cost cutting. When you buy a new car, there are numerous other charges that have to be paid besides the price of the car such as one time registration fees, road taxes as well as RTO charges. On the other hand, buying a used car means you don’t have to shell out these extra bucks and only have to pay for the vehicle. Buyers can also avail used car EMI facilities and pay small sums in installments instead of paying a large amount at once using used car loan emi calculator.

Lesser rates of car insurance premiums

Getting your new car insured can cost you a fortune as opposed to a used car which can get insured at a considerably lesser rate even if it is only a year old. If at the time of purchase your car is still insured for some time then you can also get it to your name and save some more money and time.

The Prestige

A luxury car stands for elegance, status and class that cannot be matched even if the car isn’t brand new. The feeling of being a part of an exclusive club can be a rush and therefore, it cannot be compared to anything else and is absolutely worth it.

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About the Author

Bibhuranjan

Editorial Officer, technofaq.org I'm an avid tech enthusiast at heart. I like to mug up on new and exciting developments on science and tech and have a deep love for PC gaming. Other hobbies include writing blog posts, music and DIY projects.



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