Whether you’re looking for another luxury vehicle to add to your collection or it’s your first, there is an art form to making the right purchase. Knowing what to look for when buying your new luxury car can save you time, money, and most importantly disappointment.
While you might be prepared to invest whatever it takes to get the car you want, you can still take advantage of competitive pricing and lower costs in different cities. If you already have your eye on a specific luxury vehicle, it’s still wise to shop around for a dealer in and around your city of residence, whether you do so online or by visiting a showroom. For instance, if you live in a big city like Chicago, you may want to book an appointment in a neighboring city like Westmont to view new Audis. Not only can this process further inform your purchasing decision, but you’ll probably get a better deal.
Whether you’re picturing yourself in a Rolls Royce, Aston Martin, Mercedes, or Audi, you can actually save a lot by taking the time to compare prices. The money you save on the sticker price could be used toward the increase in your insurance rate or for personalization if you want to further customize or improve any aspect of the vehicle.
If you’re not sure exactly which car you want, there are several key factors to consider.
Most likely you’re interested in a luxury car for the elevated driving experience they provide, but not every luxury vehicle is created equal. In some cases, the basic models only include a few of the luxury brand’s distinctive features because certain amenities are reserved for higher-level models for further exclusivity. Consider the value you are getting for your cost before settling on a specific make and model. Fortunately, luxury automakers are increasingly improving and broadening the features they offer such as:
- Infotainment packages
- Electronic fragrance systems
- Cutting-edge sound systems
Your new luxury car should be everything you’ve dreamed of, whether that’s a Maybach with granite trim or one with Bentley’s coveted infotainment pack. Knowing which features are a priority for you is critical to making sure you get exactly what you want. It can also help you narrow down your options. For example, if you’re tall, you may want to think about the size of the seat and the height of the doorways. But, if there’s something special your dream car is missing, you can usually make customizations as well.
While some luxury cars are desirable solely because they are a long-established status symbol, others are actually better in terms of their specs. Technological innovation is part of what has always set luxury vehicles apart. If you have preferences regarding drive wheels, transmission type, fuel economy, or your engine, you’ll want to thoroughly research the differences between each manufacturer. If having a fast car is something you’ve always dreamed of, look into the speed capabilities of each car.
Since many luxury cars are made by foreign auto-makers, it can be more expensive to have repairs done. By conducting some minor research, you can anticipate potential issues, and the cost to fix them before you select your luxury vehicle. In addition to extra maintenance costs, you usually have to fill up with premium gasoline.
However, many manufacturers offer an extended warranty. If you can secure an extended warranty on your vehicle, many of the maintenance costs are off your plate and you can enjoy the peace of mind that if anything goes wrong, it will be taken care of.
If you’re buying a used luxury car, make sure you receive a full report or have an evaluation performed on the car. You should also request to test drive and view the interior of the vehicle yourself as well. Catching any red flags or flaws in the vehicle can help you avoid future issues and ensure that the car is up to your standards. You don’t want to be surprised by any issues once you drive it off the lot or on your first celebratory road trip.
Often, dealers are willing to address any performance or aesthetic imperfections or reduce the price to accommodate any dissatisfactory details. If there’s only a minor issue, it’s probably worth it to purchase the used vehicle but otherwise, you may reconsider since it could end up costing you quite a lot.
Spending time on the details is worth it in the end when you finally drive off the lot with your perfect car.