New vs Used Luxury Cars: Trade-offs & Features

0:00Hey, it's Cory with The Story, with Global News Today, the world's biggest stories, every day, buying a new mainstream car like a Honda CR-V or a used luxury model like a BMW X3 comes down to trade-offs in key areas. Edmunds compares them on condition, style, features, and ownership costs. New cars shine in pristine shape and warranties, while used luxury often wins on fun and extras. Two vehicles guarantee a full manufacturer's warranty, typically three years bumper to bumper, plus two more for the powertrain. They start with zero miles and nowhere. Used luxury cars might have certified pre-owned programs with four-year coverage and inspections, but they already show some miles and cosmetic things. Buyers drawn to luxury crave the upscale interiors, sporty handling, and powerful engines up to 382 horsepower in a recent X3. That beats mainstream options for excitement, though it means worse fuel economy at 25 miles

1:02per gallon, combined versus up to 40 in a CR-V. Hybrid, premium gas adds to the expense. Used, luxury pulls ahead on features too, packing ventilated seats, premium 16-speaker audio, and head-up displays that newer mainstream cars. Often skip, both offer modern tech like wireless Apple CarPlay, but luxury gives more comfort perks from recent models. New cars win on maintenance and depreciation, costing about half as much yearly to service with free warranty fixes early on. Used luxury hits harder with pricey parts, though it dodges the biggest value drop after three years. Overall, it depends on what you value most. The daily news now is made possible with support from our sponsor, a pillow that plays your sound quietly, comfortably, effortlessly, built for nighttime listening, S-O-L-I, solelypillow.com.