For about the same price as a new car, you can buy a used luxury model.
Whitey’s Fish Camp sells for $3.8 million; new owner says it plans to preserve the restaurant’s identity Florida native & former football star Rex Culpepper dies after dirt bike crash in Georgia at age 28: reportsJacksonville NAACP urges delay in JEA appointment amid investigations; Carrico calls for ‘decisive action’ Bodycam video shows hours-long manhunt in Nassau County for man accused in Ponte Vedra Beach double murderJacksonville News | Florida, Local Headlines | News4JAX | WJXT Channel 4 Man who pointed gun at officers while walking toward them outside gas station fatally shot by officer with rifle: JSOSyracuse quarterback Rex Culpepper hands off to Syracuse running back Sean Tucker during an NCAA college football game against Clemson in Clemson, S.
C., on Saturday, Oct. 24, 2020. Florida native & former football star Rex Culpepper dies after dirt bike crash in Georgia at age 28: reports Read full article: Florida native & former football star Rex Culpepper dies after dirt bike crash in Georgia at age 28: reportsCurious about how bomb squads learn to save lives? Some members of public invited to watch Camp Blanding training Read full article: Curious about how bomb squads learn to save lives? Some members of public invited to watch Camp Blanding trainingBusinessFILE - Unsold 2023 and 2024 models sit on display outside a BMW dealership on Thursday, Nov. 30, 2023, in Loveland, Colo. It’s pretty common for new-car shoppers to look at what they can afford and go from there. Typically, that means focusing on vehicles from mainstream brands, even though owning a luxury vehicle is something many people aspire to. But there’s a right-now alternative that could be intriguing: For about the same price of a new mainstream car, you could get a used luxury car instead.. The X3 is certainly more prestigious and desirable. But is buying a used luxury vehicle a smart choice? The car experts at Edmunds have broken down the key attributes for you to consider.Buying new guarantees a pristine vehicle, first ownership and the full new-car smell experience. It also provides the security of a full manufacturer’s warranty, which typically covers the first three years for a bumper-to-bumper warranty, plus an additional two years for the powertrain. The new car aura will have long faded from a used luxury car, which will likely have minor cosmetic wear and tens of thousands of miles on its odometer. Luxury brands do commonly offer a four-year bumper-to-bumper warranty, and it’s common for luxury dealerships to sell used vehicles as certified pre-owned, which includes an inspection and an extended warranty. Still, buying new guarantees that you’re getting the freshest vehicle possible.Luxury cars are meant to be aspirational, and as such, they typically have nicer interior materials, more elegant designs, and sportier handling than non-luxury models. Unique wheels and enhanced appearance set luxury cars apart on the road, and more powerful engines deliver livelier performance. There’s no question that a 2023 BMW X3 that offers up to 382 horsepower is a lot more fun and engaging to drive than a CR-V. Performance can come at the cost of fuel efficiency. The best a 2023 X3 can get is an EPA-estimated 25 mpg combined, while the CR-V with its available hybrid powertrain gets up to 40 mpg combined. Many luxury engines also require expensive premium fuel, further increasing ownership costs. But style and performance are what many people desire, and a luxury vehicle won’t disappoint in this regard.Newer cars offer the latest tech, such as large touchscreens and advanced driver aids that help make driving easier. But these types of features typically debut earlier on luxury models before trickling down to mainstream lineups. A used BMW X3 and a new Honda CR-V, for example, both offer wireless connectivity for Apple CarPlay and Android Auto, wireless phone charging and adaptive cruise control. There can be some upside to buying a used luxury car if you want the fancy stuff. On a used X3, for example, you can get front seats with additional power adjustments, ventilated front seats, a premium 16-speaker audio system and a head-up windshield display. Honda doesn’t offer any of these on the CR-V. Choosing a relatively recent used luxury car means you won’t miss out on advanced tech and comfort, and you’ll often gain some nice amenities unavailable in newer cars.Buying a new car means buying convenience. Most new cars are inexpensive to maintain for the first several years, often needing little more than oil changes and tire rotations. Any needed repairs will be free if they are covered under warranty. In contrast, used luxury cars often require costly maintenance for components such as brakes and fluids. Parts and labor rates are also more expensive for luxury cars. Edmunds estimates that a BMW X3, for example, will cost approximately twice as much to maintain on average as a Honda CR-V. Buying a used luxury car does help you avoid the worst timeframe for depreciation. When you sell a new vehicle after three years of ownership, it’s common for it to be worth only 60% to 80% of its original value. The depreciation rate typically slows after the initial three years. Still, it’s likely that a used luxury car will cost you more every year to own and operate.Buying a new vehicle is the sensible choice. You get to enjoy the full length of the manufacturer’s warranty and know that nobody drove it before you did. But car buying is driven by emotion as much as logic. If the thrill of fine leather and a powerful engine is what you dream about, buying a used luxury vehicle is a perfectly viable option.Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.City Council holds first JEA Special Committee meeting over potential unpaid capacity feesSenate Housing Bill could boost Jacksonville’s fight against affordability crisisTime to get some green in my garden. Expert advice from Five PointsJSO shoots man who pointed gun at officers while walking toward them outside Gate gas stationJacksonville TikTok influencer advocates for expansion of trade programs in Duval CountyGas station awning toppled during thunderstorms in Nassau CountyPonte Vedra double murder happened very close to another high profile crime sceneLights Out: Residents, businesses asked to turn off non-essential lights for bird migrationLudvig Åberg talks about entering the final round of The Players Championship with a 3-shot leadSuspect arrested in Nassau County after fatal double shooting near TPCOrange Park police successfully prevent rumored unauthorized event from taking place
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The advantage of buying a used luxury car rather than a new non-luxury carFor about the same price as a new car, you can buy a used luxury model. New cars offer full warranties, better fuel efficiency, and plenty of new features. On the other hand, buying a used luxury vehicle can get you sportier performance, a classier interior, and the opportunity to own that fancy BMW or Mercedes-Benz badge you’ve always wanted.
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