This car only had around 40,000 miles, still within warranty.
Something’s being left out of the story.
Entry level luxury cars are cheaper to buy, not cheaper to maintain.
Somethings being left out of the story.
Entry level luxury cars are cheaper to buy, not cheaper to maintain.
Depends on the warranty.
Might have been low mileage, but it was over 4 years old.
When I was looking for a used everyday vehicle, I noticed that a 10 year-old Honda Accord or Toyota Camry was about the same price as a 10 year-old mid-level Mercedes or BMW.
The reason is exactly as you stated. Also, a luxury car buyer doesn’t want a 10 year-old car. And the average person doesn’t want the repair bills that come with them.