News Summary

• Car buyers are increasingly presented with a difficult choice: invest in a brand-new mainstream model or acquire a pre-owned luxury vehicle for a similar price.
• Buying new guarantees a pristine vehicle, first ownership and the full new-car smell experience.
• Edmunds estimates that a BMW X3, for example, will cost approximately twice as much to maintain on average as a Honda CR-V.
• Choosing a relatively recent used luxury car means you won’t miss out on advanced tech and comfort, and you’ll often gain nice amenities unavailable in newer cars.