Any car enthusiast has considered buying a used luxury car instead of a new car. The cheapest cars you can buy new usually aren't spectacular, so you might be tempted by a ten-year-old Mercedes-Benz, Land Rover, Porsche, or BMW. But what is it really like to own and maintain a budget-bought luxury car? And what other cost implications are there?
This is easy to explain using two of the best-selling sedans on the market. The Toyota Camry and Corolla are relatively inexpensive, cheap to run and insure, and replacement parts are readily available. If you stick to the recommended upkeep schedule, the maintenance and repair costs won't bite you in the butt.
Read Article