How to Shop for a Used Luxury Car

Are used luxury cars worth it? Absolutely! In fact, used supercars can be an especially shrewd investment. Wondering where to buy used luxury cars in West Palm Beach or how to buy a used luxury car, period? Take a moment to learn about everything you need to know before you apply for financing and contact your West Palm Beach used luxury car dealer, Aston Martin Palm Beach, to schedule a test drive of our pre-owned inventory!

Are Used Luxury Cars Worth It? 

Used luxury cars tend to be exceptional investments. For one, they cost Palm Beach Gardens drivers less than new cars and come with lower monthly payments. Furthermore, used vehicles often come with lower insurance premiums, since used car drivers are statistically lower liabilities. But they also help you avoid a tremendous amount of depreciation. Did you know that new cars depreciate by about 30% in the first year alone? In the second year, they depreciate at a rate of 7.7%, and in the third year, they depreciate by 6.8%. 

Have you noticed a pattern? The older your car, the more slowly it’s depreciating. This means you may be able to find a used luxury vehicle that’s from the recent generation for the price of a new commuter sedan. But where to buy used luxury cars in West Palm Beach? And how should you prepare? 

How to Buy a Used Luxury Car 

The first thing to know about buying a used car is to develop a budget for yourself. Then, explore our inventory and find several options that fall within that budget. Tied into this step is to develop a sense of what strong value is. Many people lease luxury vehicles, so you’ll find a high number of models at a used car dealership that is 3 years old with 36,000 miles on the odometer. Bearing in mind the depreciation factory, you can expect these models to be exceptionally high value. You should also explore sites like J.D. Power and KBB.com, so you can see how the models you’re interested in rate when it comes to long-term residual value trends and reliability. Once you’ve determined, what the highest value options are for your budget, it’s time to find out where to buy a used luxury car.

Where to Buy a Used Luxury Car in West Palm Beach

When buying a major investment like a pre-owned Aston Martin, it’s especially important to work with a dealer. A West Palm Beach used luxury car dealer can be held accountable if something goes wrong. Furthermore, they can arrange for your car to be covered by extended warranties, and often offer incentives for vehicle purchasers at their service centers. What’s more, you’ll just find a better selection of used vehicles in like-new condition that have already been inspected for quality. 

Work with a private seller, and you’ll need to hire a third-party inspector and shop around for loans, insurance, and warranties all over. Work with a dealer, and every step of the process has been streamlined.

Reach Out to Your West Palm Beach Used Luxury Car Dealer 

Now that you’ve read our guide on how to buy a used luxury car and where to buy a used luxury car, call Aston Martin Palm Beach at 561-835-5317 to arrange for some test drives near Palm Beach Gardens. We can help you get a great deal on a reliable luxury car that’s truly thrilling to drive. While you’re here, take a moment to explore our pre-owned vehicle specials to see how much you can save!