You have worked hard all your life and now finally have a decent amount of money at your disposal to get yourself a new set of wheels. A car speaks a lot about your lifestyle, choices, and your overall personality. So it’s important to choose a vehicle that suits your everyday needs and caters to your personality as well. But now comes the real dilemma. For the kind of budget you have, you can either go for a brand-new, decent top-end commuter or, if you carefully look around, you can also get a used luxury car from a brand that you have always dreamt of! Now who doesn’t like a Mercedes-Benz, BMW or an Audi handsomely parked in one’s garage? Well, we are sure you do, but there are certain aspects that you need to consider before making your final choice. Let’s take you through this journey and simplify things so you don’t have to sweat over making the right decision. It will not be wrong to say that a luxury car not only boosts your social status but it also comes equipped with features and attributes that make driving fun as well as comfortable. But then again, owning a used luxury car will come with a lot of other bills attached. Also, nothing can be compared to that fresh new car smell and ease of driving experience that comes with a brand new car. On the downside, it won’t give you that badge to boast about, and the luxury experience that you have experienced only in your dreams. To understand the situation better, consider a scenario where you have a decent budget of 17–18 lakhs to spend on a car. Within this budget, you can easily get a brand-new Volkswagen Jetta 2.0 TDI comfortline, Skoda Octavia 2.0 TDI Ambition or even a Hyundai Elantra CRDi SX, to name a few, which come packed with a lot of upmarket features such as leather seats, touchscreen navigation as well as punchy engines under the hood.
Average service cost Between Rs. 25,000–30,000
Average service cost Between Rs. 10,000–15,000 Engine Oil and oil filter replacement Rs. 10,000 Engine oil and oil filter replacement Rs. 4,600
Air filter Rs. 4,500 Air filter Rs. 870 Pollen filter Between Rs. 1,200–1,500 Pollen filter Rs. 866 Fuel filter Between Rs. 6,000–8,000 Fuel filter Rs. 1,623 Headlights assembly Between Rs. 1.5 Lacs–2.0 Lacs Headlights LED Rs. 53,375 Estimated price only, does not include labour charges*Going through the above table must have given you a fair idea about the downside of maintaining a luxury car. As most of these parts are imported and made with expertise, their prices tend to be quite high. If your model is discontinued, good luck finding spares: The only thing worse than having expensive spares is having no spares. As these cars are not mass-market, the demand for the same is quite less, which also affects the availability of the spare parts. If the manufacturer has stopped producing your model and make, you’re in for a tough time finding spares. Even if you do, they will most likely be unreasonably expensive. No nukkad service stations: Again, since these cars are a high-value purchase, the demand is quite low. A luxury brand cannot have a service station at every street corner. To add to the problem, you cannot get a luxury car serviced at a local or unauthorized service station due to its complex features and the gadgets appointed, which every mechanic can’t cater to. Thus, you can get them serviced only at authorized service centers. Driving interface takes time to adjust to: Driving a luxury car is a little complicated compared to driving your regular car. There are multiple driving modes to choose from. Apart from the regular automatic transmission, you will also find paddle-shifting gears mounted on the steering wheel, which again is not everyone’s cup of tea. Features such as park assist sound very convenient but they take time for an old-school person to get used to.
*These are indicative lending rates of banks Range of choices: In the new car market, you are limited only by your budget. There are different segments to cater to every type of customer. And with every carmaker vying for a share of this fast-growing market, one is definitely spoilt for choice. The Bad: Fast depreciation: As stated earlier, the value of cars tends to depreciate most during the first few years of ownership. Three, to be precise. So, even if you think your car has great resale value, prepare yourself mentally for when you plan to sell it. No ‘luxury’ badge here: What if you were to answer a simple question about the brand you drive? If you have gone for a brand-new Volkswagen Jetta, you will say ‘I drive a VW or Volkswagen’. But if you drive a BMW instead, even a second-hand one, you will proudly answer ‘I drive a BMW’ and even show off that fancy key ring of yours! That’s the difference in perception and the social status that a luxury car brings to the table.
Source : CarDekho
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Got 17-18 lakhs to Spend: Decide Between a New OR a Used luxury Car have 1085 words, post on www.bsmotoring.com at May 9, 2016. This is cached page on Talk Vietnam. If you want remove this page, please contact us.