used luxury cars

A guide to purchasing extended warranties for used luxury cars

Cars

So many people have asked these questions, and people’s skepticism regarding extended warranties is so much that they end up losing so much money. 

Every time someone tries to sell us something, we think of it as a scam or a trick to squeeze money out of our bank account.

But not everything sold to you is worthless, and not every time someone pushes you to buy something is a call for help. 

Sometimes, things make sense, and you shouldn’t have a problem with someone else’s profit if you are being benefited in the process too. 

So yes, buying a warranty from a dealership of used luxury cars helps them make a few bucks, maybe, but the better question is- do they help you too? 

And this blog is all about answering this burning question of yours. 

So let’s dive in, shall we?

What are extended warranties? 

As the name suggests, extended warranties are an extension of the standard warranty provided by the manufacturers. Or in many cases, third parties like dealerships of used luxury cars themselves offer extended warranties on their product for an extra cost. That covers the insured for any repairs and replacements of the parts. Subject to the dealer or the package, the coverage varies. While some packages are exhaustive and cover everything from the powertrain to the electrical system, some might be very constrictive. 

Note that, unlike third-party insurance, an extended warranty is not mandatory.  

What are the different kinds of extended warranties, and which one should you get for your used luxury cars?

  • Manufacturer’s warranty-  manufacturer or factory warranty is provided by the manufacturers when the car is purchased first hand. Since the manufacturers provide these, these warranties provide exhaustive coverage to major parts of your vehicles.  
  • Standard warranty- when you purchase directly from the lot, manufacturers usually provide a standard warranty for two years or certain kilometers, whichever comes first. Usually, the dealers at the lot try to sell you an extended warranty over your standard warranty. You can think of the standard warranty as a basic package and the extended one as an upgrade. Both of these are different and have different coverage. Upgrading your package during the life of your standard warranty can get you cheaper deals. 
  • Bumper to bumper- this is the most detailed warranty plan that you’ll ever get on any vehicle. This warranty covers everything from the car’s powertrain to the electrical system and regular wear and tear. Since this package covers almost every important part of the vehicle, it gets real easy on the pocket for you to get those parts replaced in case anything goes wrong.
  • Powertrain warranty- powertrain warranty covers powertrain only. Even then, it’s beneficial because the powertrain incorporates important parts like the transmission, engine, and a few mechanical parts. 
  • Corrosion warranty- corrosion is hard to manage for cars, and the manufacturers know this. This is why many manufacturers like BMW provide corrosion or rustic warranty on their products. BMW specifically provides a rust perforation warranty on cars sold after 2010 for up to 12 years for unlimited mileage. 
  • Paint warranty- luxury cars are all about looks, and this is why many manufacturers like BMW also provide a paint warranty on their vehicles. Which is to ensure the consumer is saved from unnecessary losses. However, these warranties are for a shorter duration of 2 or 3 years and are subject to a few conditions. Like the damage should not be a result of any external influences. 
  • Third-party warranty- third-party warranties are provided by dealerships of used luxury cars or private companies. It’s recommended that you buy your extended warranty from the dealership if you are buying a used car because there is better negotiation scope. 

Goodwill service through the manufacturer- imagine you bought a brand new car from a lot. Just after the warranty expired, a major issue occurred, which may be something that many other owners of the same model are facing. You might not know this, but the company does. Hence they would not risk their goodwill and fix the car. Therefore, never shy away from dialing the original manufacturer’s number whenever your car gives you trouble. 

Do companies from which you buy extended warranties pay for your repairs? 

Yes and no. Yes, if the car is in good condition and has been maintained well. No, if the warranty doesn’t cover it and the loss is because of your negligence. A warranty is a contract between the buyer and the seller, and a contract has terms and conditions. You might not like this, but you are supposed to read them! Period. You can’t say someone had frauded you when you were given a chance to ask questions and read the contract throughout. And by not doing these things, you probably chose to stay in the dark. 

So the point is, read the terms thoroughly and ask questions. Also, here are a few pointers you should not miss if you want to claim damages in the future. 

  • Fluids- make sure you use the fuel as specifically mentioned by the dealer. For instance, if you’ve been using a fuel that is maybe good but not what has been specifically told to you and god forbid your car engine gets blocked- you are not getting the coverage on this one. The reason is you were negligent on your part, and the company doesn’t owe you anything for that. 
  • Keep a record of servicing at authorized centers- if you want to raise any claim in the future, do not ever for even once take it to a local mechanic. We recommend that you don’t even bother to check it yourself and do anything that might be termed as “temperance.” These authorities frown on local service centers because they don’t keep knowledge of luxury cars. And any parts changed or tempered could void your warranty. 
  • Extreme modifications temper with major parts- again, if you modify your car, do not tamper with important parts. If anything goes wrong with those parts in the future, the dealership of used luxury cars isn’t liable because you chose to do it knowing they aren’t really good for your car. 

How is an extended warranty different from car insurance? 

People often get confused between these two as they think both merely reimburse in ways for losses. But the fact is insurance is a broader concept than warranty. It is true these two reimburse for the car’s damages but in different ways. 

For instance, if you ever get into an accident and damage your car’s bumper and if you’ve got a comprehensive insurance plan, then your insurance company is liable to reimburse you for that damage. 

But if your car engine got damaged due to regular use, then your warranty comes into play. 

Moreover, insurance covers many more things subject to your premium amount—the higher the premium, the better the coverage. If we talk about the most comprehensive insurance plan, then in an unfortunate accident, you, the passengers, your car, the victim’s car, and the victim himself are also covered. Not to mention, unlike a warranty, third-party insurance is mandatory as per the country’s laws. 

Why should I buy extended warranties? 

  • Protection against failures- extended warranties work as a shield to your newly bought used luxury cars. Since many packages cover the car’s powertrain and many other important parts, it’s easier to replace them at authorized centers. This further assures you that the damaged parts will be replaced with original variants only as we all know what fake parts could bring. 
  • Satisfaction throughout the car’s life- since the car is under warranty, chances are you will only get it serviced at good service centers, and all the wear and tear of the car will be handled with care. That assures long-term satisfaction, which is impossible if you keep taking the car to less reliable service centers. 
  • Cost-effective- when you go for an extended warranty, you pay what you are liable for firsthand at the lot. So whatever fixes come up, later on, are to be borne by someone else and are therefore not your headache. The money charged for the warranty is all you have to pay to get the essential parts of your vehicle covered. We are talking about good money here because luxury vehicles have premium quality parts, and to replace those with original counterparts, you would have to spend a lot. 
  • Car’s life extends- luxury cars have a very good life expectancy, and if they are maintained well, they can do you no wrong! This is why when you get coverage for your vehicle’s parts, the car’s life extends, and you keep getting the satisfaction you got from the car the very first time. 
  • Good buyback value- good maintenance always does you good. And even when you want to buy a new one, your efforts pay you back. Cars that stay in good shape can be traded with the dealerships that take in used luxury cars subject to their terms and conditions. So don’t you worry, if you get bored of your ride, you can trade it in and get yourself a new variant? But note that only well-maintained cars are eligible for trade-in- so ensure you keep good care of your used luxury cars. 

Where should I buy extended warranties? 

Depending upon your requirements, you can choose from where you want to buy an extended warranty. If you are purchasing first hand, without a doubt, go for a manufacturer’s warranty and buy an extended one too right there. But if you are buying a used luxury car, you prefer buying it from the same dealership. Also, check if the variant already has a standard manufacturer warranty since you can get an upgrade from the manufacturer on this one. Many private companies today sell extended warranties; you can also check out a few packages there. But since it’s run privately, look for credible companies and go through the terms thoroughly.

What should my car’s extended warranty cover?

Before you settle for any packages:

  1. Research properly. Go through your car’s history, mark anything that might look suspicious, and note any previous breakdowns. 
  2. Dig deep into the inspection sheet and look out for any parts that might have any failure history. This way, you can prioritize the parts you want to include in your coverage. 

Apart from this, every major part like the engine and transmission is covered in warranties. All you have to do is check which one is covered and which one isn’t. 

Here’s a checklist of important parts for your reference- 

  • Powertrain
  • Electrical system 
  • Air conditioning 
  • Brake system
  • Steering and suspension system 

You need to ensure that your package covers these basic parts.

When can you buy an extended warranty?

Manufacturer warranties are provided on the spot when you purchase the car. You can extend the coverage to a few years by upgrading it then or later when your standard warranty is about to expire. Apart from the manufacturer warranties, you can opt for third-party warranties whenever required. But one thing you need to remember is that the older the car, the more difficult it is to get a warranty that provides good coverage. So don’t let it age and get a package the soonest. 

If you trade in used luxury cars, then what happens to the extended warranty? 

  • Get it transferred- if you are selling your car to a private seller, you can benefit from it. Contrary to how the refund works, selling can be very easy. All you’ve got to do is raise your charges. Look, you have a car that has been maintained well and has a running warranty. Since the car was under warranty, you only got it serviced at authorized service centers that indirectly extended the car’s life, which is a much better deal than any roadside junk. So, quote a little higher and get yourself reimbursed for all the pain- also, since the person gets a running warranty, it’s a win-win. 
  • Get it refunded- if you haven’t raised a single claim with the company yet, chances are you can get the refund. Although, the process of getting the refund could look a little hefty because why would someone want to return your money? But make sure to get refunded even after minor deductions. 

Do dealerships make money selling warranties?

Maybe yes, maybe no. Honestly, it shouldn’t matter. Did you ask this question when you stepped in to buy the car? No, right? Because you wanted to buy the car. As humans, we tend to doubt things others put in our heads. So breathe a little and don’t stress over things that don’t matter. Every business is there to make a profit at the end of the day. 

That’s all about extended warranties. Hopefully, we’ve answered all your questions regarding this, and you are no longer in the dark. One thing you can do is go for dealerships and subtract all this hassle in one go. But make sure you choose a credible one since credible car dealerships like Kings Auto ensure customer satisfaction to its best. 

So don’t forget to check out Kings Auto’s collection of best pre-owned luxury cars; we swear you’ll fall in love!

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used luxury cars

Pros and cons of buying pre-owned luxury cars older than 7 years

Cars

That dream that you saw once is on the verge of becoming your reality today. 

You might get your hands on your favourite variant, and that too is under your budget. You are living your best life- and boom!! 

You come to know from your dealer that your car is seven years old, and now you’ve drowned in the ocean of scepticism. 

You keep questioning yourself whether you should buy it or not? 

You don’t want to let this deal slip your hands, but you are scared things might not go as you expected. 

We get you. We understand your scepticism and your pain. This is why we have answered your burning questions in this blog. 

So sit tight and stick with us till the end to get the answers to all your questions. 

  • What difference does the car’s age make? 

As recent studies show, the average age of cars today is 12 years. This is pretty good as you can keep your brand new car for at least that long. 

But this is subjective to many things- (a) how well the car was maintained? (b) whether the buyer replaced any major parts with local substitutes? (C ) whether the buyer modified the car? (d) driving styles and many other things. 

For instance, if the car (A) was maintained well, and driven safely on the road and car (B) has a bad accidental history with extensive modifications. Then chances are, car (A) will sustain longer than the car (B). 

Similarly, the parts of an older car will start wearing out with time, and it becomes a task to get the car insured and under warranty. This is why age becomes an important factor while buying a used variant. 

Moreover, models whose parts are unavailable in the market become a headache that no one wants. So yes, the car’s age matters. 

Furthermore, the lex loci is another thing that one should consider while buying a used variant. As per the government of Delhi, diesel cars older than 10 years and petrol variants older than 15 years are not allowed on the roads. 

This is the main reason why buying a car older than this is not a great deal in some cases.  

  • What other factors should one consider apart from the car’s age? 

A car older than 7 years is still a great option if the car is in good condition. Other than the age you must consider these things- 

(a) the maintenance history,

(b) servicing and modifications history and, 

(c ) insurance claim history- to be aware of any major accidents. 

All of this will give you a brief idea of the car’s conditions and whether it is worth buying or not. Many of these cars are less driven but, their age keeps increasing- thus, it is possible to find variants whose parts are intact but are older. 

Hence age does matter but, it isn’t the only parameter on which you should judge the car. 

  • What are the pros of buying pre-owned luxury cars older than 7 years? 

You probably know the biggest pro of buying a used variant is that you save a lot. These cars depreciate a lot in their initial years of purchase- so when a person buys them, they save a lot of money. Because the car’s value has been depreciated 20/30 % to what its initial value was. 

Hence, it’s a good way to get your favourite variant- just wait for 2-3 years, and you can get it at an affordable price. 

Another thing is, if you are looking for a variant for the time being, then you can benefit from buying it old. Buying a used luxury variant that has less mileage on it but is old can get you a good deal, and you can drive it as you like. As far as the servicing and maintenance are concerned- an extended warranty and comprehensive insurance can cover most of it. 

  • What are the cons of buying pre-owned luxury cars older than 7 years? 

A major con could be the car’s life. You are buying it second hand, and the life of this car has decreased from 15 to 7years. But this isn’t that big of a deal if you aim to keep the car for 5 /6 years only. After all, you are getting it at such low prices. 

With time it gets difficult to replace the car’s parts because of unavailability. But if you get an extended warranty, it wouldn’t be your responsibility anymore. A manufacturer’s warranty is all you need to stay on the safer side. 

But the pro here comes with a con too. You are getting a car at low prices because it has depreciated- Hence the resale value is also going to be less as the car depreciates further. 

So keep that in mind. Do not purchase a car that has depreciated so much if you aim to resell it in the future. You might not get what you were expecting. 

 As far as the maintenance is concerned, it can really take a toll on you if you don’t invest in extended warranties on time. So if you opt for an extended warranty from the money that you’ve saved- you are good to go. 

But this could become a con for those who choose not to take coverage from extended warranties. 

That’s about it. We’ve discussed almost every advantage and disadvantage that comes with buying pre-owned luxury cars older than 7 years. These are the things that you must consider to stay on the safer side. 

If you are looking for pre-owned luxury cars you must check out Kings Auto’s website to get the best variants at competitive prices. We have a huge collection, and you can also visit our showroom if you wish to explore more. 

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Frequently asked questions about pre-owned luxury car dealerships

Cars

Good things are difficult to believe- it’s true! But not every good deal has to have a bad side. Since the demand for used luxury cars is increasing- the enormous consumer base is asking questions. And it is our responsibility to answer all. So here we are answering a few most frequently asked questions about pre-owned luxury cars dealerships-

Why do people buy from used luxury car dealerships instead of CPO programs? 

Both provide quality vehicles but, a CPO costs much more than a dealership. There are many reasons for the same. The major one is that CPO vehicles carry the brand’s name. And the brand name always costs more. Another thing is dealerships are places where good quality is available at very affordable prices, unlike CPOs and private sellers where you have to compromise either on the quality or the prices. 

Are car dealerships secure and credible? 

Not all car dealerships are credible, and dealing with the wrong one can cost you. The thing with dealerships is that they usually run inspection checks to satisfy their customers. But the question here is- what all parts are they inspecting? If the checklist comprises crucial parts of the vehicle, the dealership is likely credible. Another thing is-are you getting all you need from the dealership? For example, a dealership offering after-sale services and buyback value is a better place to buy from. 

Why do car dealerships sell used luxury cars at higher prices than any private seller? 

If you have explored the market, you’ll know private sellers are selling the same variants at much lower rates than dealerships or CPOs. These sellers are selling their luxury cars very cheap, and people get sceptical as to whether they should purchase from them and save- or go to dealerships? The thing is, at such low rates, you must not expect good quality. Since these cars are not inspected thoroughly- there’s a huge possibility of something being iffy with them. We know these cars are not well-maintained by their owners- which is the primary reason why they are sold at such cheap prices. 

What are the benefits of buying from a dealership? 

There are innumerable benefits of buying from a dealership. Let us mention a few for you here- 

  • You get quality assured vehicles. Dealership cars have passed rigorous inspection checks to reach their lots, which is the main reason why people prefer dealerships. 
  • You get seamless assistance throughout. From documentation to financing and getting you other additional perks- dealerships help you in everything. 
  • Apart from documentation, transportation is also a responsibility of the dealership itself. So you don’t have to worry about anything, and you sit back till you get the keys in your hands and your love is ready to be driven!

Do dealerships provide higher interest rates on financing luxury cars than the market? 

Your interest rate depends absolutely on your credit score. If you have a good credit score, chances are you will get a low-interest rate on your loan. Whereas, if you have a bad score, you will be quoted high from banks and agencies. Another thing that impacts your interest rate is the loan term. If you opt for the loan for five years, your interest will be lower than what it would have been if you had availed of a loan for 7 or 8 years. So all you have to do is make sure you have good credit. And also, reduce your loan term for a better rate. 

What are the parameters on which the dealerships inspect their cars? 

Dealerships inspect the cars in and out. All the primary parts like the engine, the transmission and the exteriors of the car are inspected. Plus, everything is cross-checked with the documents that the seller provides. Different dealerships have different criteria, and mostly all are checked thoroughly to make sure the customer gets the best quality. 

Why can’t we test drive the cars without paying the token price? 

Note that these are luxury cars even though they are second hand-they offer great value and are priced high compared to any regular car. Apart from driving the car, you can cross-check information through vehicle history reports. This ensures that both the dealer and the buyer get what they want and stay secured. 

These are a few most frequently asked questions about used luxury cars that we have answered here. The concerns customers have regarding buying pre-owned luxury cars are understandable. But the fact is not everything that has been put under shade by society’s stereotypes is iffy. Buying used luxury cars is a great and reasonable decision, and instead of new variants, people must shift towards used variants if they find them feasible. 

Also, if you are looking for a credible dealership that sells quality assured used luxury cars, then you must visit Kings Auto’s website. We have a great collection of pre-owned luxury cars in our lot. 

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Should you buy a new car or a used luxury car?

Cars

It’s difficult to choose between a brand new car and used luxury cars and we don’t blame you.

Both these options are quite tempting and have their benefits. 

While buying a new car will give you the feels of owning a new one, used luxury cars can beat those chills with their luxurious features and unmatched comfort. 

So the question remains- which one to go for? 

A never-ending debate and one might never be able to conclude themselves. 

But let’s put an end to this misery of yours today, once and for all. 

We ain’t gonna tell you what to choose, we are just gonna tell you the pros and cons of both and you will be the one making the final decision here. 

So here’s a list of all pros and cons of buying used luxury cars and standard cars- check it out and decide for yourself!

Pros and cons of buying new standard cars

Pros- 

No hassles! 

While talking about the benefits of buying a new car, it is nearly impossible to forget this pro. Buying a used luxury car can be a lot of work if you buy from a private dealer. 

Contrary to which, when you buy a new car all you gotta do is go to your nearest outlet.

Pre-owned luxury cars ask for research and work from your end because you are trying to get a great deal.

You will need to research various things and that will include the variant you want, the budget you have, the car’s condition and a lot more. 

But this isn’t a necessary step, you can skip all of that in one go by stepping into a certified car dealership. 

It’s just like buying a new car from a showroom, but better, because excuse us, you are getting a luxury car!

High mileage-

Standard cars are made to benefit a specific segment of the market, the segment that chooses to bring comfort and fulfil their regular commuting needs on a budget. 

So yes, standard cars give good mileage. You can also get different variants of these standard cars and get them customised for CNG or diesel variants. 

Less maintenance-

Usually, any car asks for good maintenance if you aim to keep it in good shape for longer.

But if we compare it with the maintenance costs of a luxury car, you probably are paying in peanuts. 

Yet it doesn’t mean that you won’t be paying for maintenance or servicing at all. To get good value for your money, make sure to take care of it. 

Otherwise, it can become your worst nightmare. A little tip- don’t take it to the local garage and only get it serviced at factory outlets or authorised service centres. 

Easy financing-

Financing is an important thing as no one keeps a crazy amount of cash at hand. 

And yes if we compare, financing is easier for new cars. The reason is, new cars have good market value and the banks are at zero or no risk by financing the latest variant, as they can always recover the money by selling the vehicle. 

This isn’t the case when you buy Pre-owned luxury cars privately.

As privately sold used luxury cars are worn out models with low market value and financers would be concerned if they can even recover the money by selling the car in case of arrears. 

But not to mention, this isn’t exactly the case when you buy from car dealerships.

 As car dealerships sell luxury cars with good market value and also provide easy on the spot financing options to reduce your hassles.

So, in a nutshell, you will only be facing this issue, if you choose to buy from a private seller. 

Cons-

A standard car!

The biggest con is you are buying a standard car. 

No matter what you say or do, a luxury car is a luxury car. Period. 

So before settling for a regular car, remember a regular car comes with regular features, regular feels, regular experiences and nothing extravagant. 

You might get a few lux features if you research enough, but then if you are craving lux, why settle for regular? 

A luxury car is a status symbol and is a head-turner. People will envy you and see you as an authority figure when you drive it, so it’s more like an okay-ish deal compared to a luxury one!

Depreciation-

A new car is meant to depreciate and it won’t take a year or two to do so. As soon as you drive that beast off the lot, it will depreciate from its previous market value. 

Can’t show it off!

You will feel the pride of owning a new car but you can’t make people envious of this standard car.

 Yes, you have bought a great car and it’s a moment to celebrate, but you can’t show it off as a luxury one- can you?

Might not be the car you dreamt of!

It’s the moment of truth and we will only hear the truth.

If you had the money to own a brand new luxury variant, would you still choose to go for a standard car?

If your answer is no, then you are one of the ambitious visionaries. We all dream to own a luxury car once in our lives and a standard car won’t do what luxury is meant to do. 

High mileage but fewer features-

Yeah, mileage is pretty good and you might be able to get it customised and even reduce further fuel costs.

But this benefit comes with a disadvantage i.e., with less mileage comes basic features. 

Standard cars give good mileage because they lack various luxury features like air ventilated seats and mood lighting.

As luxury cars consume more fuel to provide all those luxurious features, their fuel consumption is much higher compared to a standard car. 

Will only do the needful- 

Many luxury features today have become a necessity for consumers and that is why there are many standard options out there providing luxurious features. But even then a standard car will only do as it is required to do. 

Unlike a luxury variant, standard cars are only beneficial if your objective of buying is to manage day-to-day activities and chores and keep up with your daily life by reducing public commuting hassles. 

So, apart from what the cars offer, one major question is- why do you want to own a car in the first place?

So if your ultimate goal is to commute and get a little comfy while you hustle, getting a standard car seems like a good option. 

Pros and cons of buying Pre-Owned luxury cars

Pros-

Luxury experience-

The major pro of buying pre-owned luxury cars is that they come with all the most luxurious features and the experience in itself is unmatched. 

Riding in a luxury car is more like travelling in your home- the comfort, the amenities, the exposure is incomparable.

You will feel all the lush and comfort you’ve been dying to experience since forever. 

Status symbol-

It’s true, nothing seems to matter when you get down from a luxury car at a gathering. The best thing is you won’t have to speak of your accomplishments, as your ride will do that for you!

Used luxury cars are indeed a status symbol and they will not only speak of your status but will also leave those colleagues awestruck. 

Not to mention, these luxury cars are made for the elite and only the classiest personalities manage to pull that off effortlessly. 

Your dream car-

We know you once dreamt of owning a luxury car and this is your chance to make that dream come true. 

The truth is that owning a standard car is a requirement these days while buying a luxury car is a dream. And the best thing about this dream is that it can become a reality, at almost the same price at which you would buy a standard car. 

So why not fulfil that dream and take one step closer to the life you imagined yourself living one day? 

Does more than a standard car-

As already mentioned, standard cars can only do so much. 

The main motive of the manufacturers of standard cars is to ease the pain people take in their regular lives, contrary to which the luxury manufacturers aim to give an element of luxury to everything possible.

Thus, they fulfil more than just your commuting needs. Luxury cars have features like air ventilated seats and ambient mood lighting, which is not to help you reach a destination, but to elevate the experience you get while riding a Jaguar instead of a Toyota Yaris. 

Moreover, the manufacturers of luxury cars aim to provide a memorable experience for their customers- to them everything matters equally. And that is why even the smallest things in luxury cars are intricately designed to provide unmatched comfort and soothing drives. 

Awesome performance-

One major doubt you might be having is the car’s performance. A new variant would run effortlessly- but what about a used one? Will it be able to match the performance of a new variant? The answer is yes!

A new car will perform, but unlike standard cars, luxury cars have many luxurious features that help in improving the car’s performance. 

The engines of almost all luxury cars are strong and can easily outperform that of a regular car. These cars are built to feed the speedy-beast inside their customers, that is the reason they are so good on roads!

Sustenance- 

Because of the strong build of used luxury cars, they live longer than the standard variants. 

Luxury cars are manufactured to provide long-lasting irresistible luxury experiences to their customers. 

This is the reason these cars have better sustenance than any regular car. Also, the condition of regular cars starts deteriorating after a few years, which reduces the level of satisfaction you get from these cars, unlike a luxury car. Although, they do depreciate!

Depreciation-

Because you are buying a used variant here you wouldn’t have to incur any major depreciation. As the first owner has already incurred that loss in the first year of purchase.

 However, if you were buying a brand new luxury car, you would have to incur huge depreciation charges, as luxury cars depreciate insanely. 

So here’s another way you can save those big bucks-just avoid buying a new variant. 

Cons-

A used variant-

Since you are buying a used car, you might not feel as enthusiastic as you would have felt if you had bought a new one. 

But here’s what you can do- go to a car dealership and tell them you want a used luxury car that has covered the minimum distance, and you are good to go. 

Luxury cars have incredible features and believe us, you won’t even remember you are sitting in a used car. 

Apart from all this, it all depends on preferences. If it’s ok for you to ride a used car provided that you get the other things we talked about, we guess you are sorted. 

Requires serious maintenance-

As someone who has bought a luxury car, you need to be responsible for it, and take good care if you want it to last. 

Another thing is, you can’t get it serviced anywhere. You need to entrust your vehicle with an authorised service centre that costs more than what it costs to get a standard car service. 

So make sure you plan a monthly budget and set aside good money for monthly maintenance of your vehicle too. 

More features but low mileage- 

As mentioned previously, luxury cars come with luxury features. 

And these luxury features take fuel to function. 

So yeah, you get several luxury features to experience a luxury ride, but make sure you keep a good after purchase budget and estimate everything beforehand to avoid stressful strokes. 

It was a long list of pros and cons, and we made sure we discussed every bit of it with you so that you make a decision right here, right now. 

Here’s a quick tip to help you out a little- there are no right or wrong decisions, it is all about the things we choose, keeping our needs and resources in mind. So weigh both sides and then make a decision you think suits your requirements the best. 

Also, if you’ve decided to go for used luxury cars, don’t forget to go through Kings Auto’s collection of pre-owned luxury cars. You might find what you are looking for here. 

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Used Luxury Cars

Best Pre-Owned Luxury Cars to own in 2021

Cars

We all want to own the best, and there’s nothing wrong with wanting to own the best-used luxury cars. After all, you are paying for it. And it is graspable that it is not easy for you since the market of second-hand cars is saturated right now. It will take you multiple dips in the ocean to catch the best fish- and the probability of getting your hands on the best available alternatives is low without prior research or knowledge. 

This is why people end up making wrong decisions. There are so many options-some are cheap, some are not- and it gets intimidating to choose the best one. So they give up instead and settle with a standard car. But we don’t want you to do that- we want you to bag the best available deals in the market.

Here we cover the top 5 used luxury cars that you should consider buying without thinking twice. So let’s dive in, shall we? 

Here is the list of the best pre-owned luxury cars to own in 2021. 

Porsche Cayenne

Porsche is known for its unbeatable sports cars. This is a performance inspired model designed to provide extreme comfort and convenience while the riders enjoy the unmatched speed of this car. If you are a speed enthusiast, you’ll love what this model has to offer you- with top advanced engineering- this variant is one of the top used luxury cars in the market at the moment. So if you have a budget of 60-70 lakhs, you can own this beauty and enjoy its comfortable rides for your life.

Range Rover Evoque Landmark Edition

Next in line is this beast- Range Rover Evoque Landmark Edition is a combination of unrivalled style and extraordinary luxury. Designed to provide comfort, speed, and class to the owner- this variant churns out max power and max torque of 237nm @5500 rpm and @251 nm @ 1250 rpm, respectively. The best thing, you ask? This variant can go from 0-100kmph in 9.1 seconds, and the automatic 9-gear transmission is like the cherry on the cake- giving the car the stability and power it needs to glide smoothly on uneven terrains. All in all, it is a steal in the price it’s been offered to you by Kings Auto. 

BMW 6 Series 630i GT Sport Line

Another one for the “Speed Romeos”. This variant features an engine putting out max power and max torque of 255 bhp @5000 rpm and 400 nm @ 1500 rpm, respectively. Moreover, this is a rear-wheel-drive variant making it one of the best luxury sports cars in this segment. Since it improves traction on uneven and slippery terrains. This is a viable option if you are looking for top luxury cars between 50-60 lakhs. 

Mercedes- AMG E63

Mercedes is a brand that never disappoints anyone with its cars- from sedans to SUVs- they have it all, and that too of supreme quality. But not everyone can pull off a Mercedes; you need to have an eye for class and nobility. The AMG E-63 comes with a 5.5-litre Twin-Turbo V8 engine that churns out 577 hp @5500 rpm and 590 lb-ft @ 200- rpm of max power and max torque, respectively. The best thing about this variant is that it is spacious and an apt purchase for families and people who have a huge group of friends. Need more? This variant comes with electrically adjustable seats and extended thigh support for comfortable long drives- making it one of the best pre-owned luxury cars in the market. 

Mini Cooper Countryman

This subcompact SUV is a luxury car priced originally at 40 lakhs that is available at Kings Auto’s lot for half that price. The interesting thing about this mini is, unlike its name- it is commodious and comfortable. It’s a mini that provides you with the comfort and space of a regular SUV but is also dynamic enough to be driven on different terrains efficiently if you are an explorer. Specifically, this car features a 1.6-litre inline four-cylinder engine that churns out max power and max torque of 181 hp @5500 rpm and 177 lb-ft @ 1600 rpm, respectively. This is a great car if you are looking for something minimal yet extremely functional. 

Conclusion

These are not all the variants but are surely a few best-used luxury cars that you should consider. Good thing is that you can get all these variants under your budget at competitive prices in Kings Auto’s lot. And the better thing is that these cars are certified, and we offer buyback value on our sold cars as well. 

So what are you waiting for? These cars are not going to wait for you forever in our lot. If you want the best, you need to hurry! Your best pre-owned luxury car is a call away from you! 

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