Luxury Used Cars You Can Buy Cheap and Almost New

Looking for a luxury used car you can buy cheap? Careful what you wish for.

First-time owners of luxury vehicles don’t always appreciate maintenance and repair costs. Uninformed buyers may be unwittingly aiding the, “pre-owned” market for luxury cars.

Affordably priced and shortly-owned luxury cars can be a boon to budget-conscious status seekers — if they can handle the repair bills.

The cost of a brand-new car in the United States is about $36,000 on the average. Most car loans are taken out in the amount of $30,000. The average American holds onto a car for almost a decade after purchase.

Why not? Its an expensive investment, after all.

Meanwhile, the main factor for car resales within a year is the car, not necessarily the car owner. Only 1.5% of all Americans who buy a new car turn will sell it within the first year of ownership.

The cars on this list? Double and triple that rate, easily.

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