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There are a lot of 2 or 3 year old CPOs on dealer lots with very enticing price tags. Today I saw an impeccable 2014 E350 4Matic with 19,000 miles go for $35K. This is Toyota territory. Is there a catch? What is left out of the factory warranty?
it depends on the luxury brand. the lexus is generally low maintenance, where as the BMW and mercedes tend to require higher maintenance. and lincolns and cadillacs are high priced fords and chevys, and also are low maintenance.
Only if you're buying a car that's out of your socio economic strata. Too many people of limited means buy a car for prestige instead of what really suits their needs. As some wise person once said...If you have to ask how much it costs, you can't afford it.
If you know how to, and don't mind to work on your own vehicle, maintenance costs will be a non issue. Sure, some parts like aluminum control arms will be pricey, but for regular maintenance like spark plugs and air filters, transmission and differential fluids, etc, it's either no difference, or a difference of only a couple dollars. When you don't pay $80-$100/hr shop labor fees, it all evens out pretty well.
edit: If 100% of the work and maintenance will be done by a shop, then yes, you'll be paying quite a bit more for a luxury vehicle's work.
Well, I used to do a lot of the work myself in my younger days but don't have the time or the patience now. Every purchase is also different. My wife drive very little, may be 6K a year. Maintenance on a Mercedes with 20,000 miles may not be a factor unless scheduled maintenance, which is required under warranty, costs an arm and a leg. Even at 20,000 miles there are some major bills coming up, may be a brake job. Love to know what the cost is for say 30,000 mile service.
Get out of your head these 20K, 30K, etc mile services. Those are money making services for shops only. Look at your manual and see what needs to be performed and go by that. Most of these interval services are inspections only and all fluff anyways
Change the oil and filter yourself. Save a lot on that routine maintenance, plus get the satisfaction of DIY.
100% agree. And if you are not mechanically inclined, then find a reputable independent mechanic to perform these services for you, at a lower cost than the dealer.
Get out of your head these 20K, 30K, etc mile services. Those are money making services for shops only. Look at your manual and see what needs to be performed and go by that. Most of these interval services are inspections only and all fluff anyways
So true, Americans have been brainwashed into associating mileages with a batch of services, which are really just opportunities to upsell you on additional services. Read the manual, see what is actually necessary, then find the lowest cost way of getting it done.
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