New cars are beautiful things. They’re fast and comfortable and offer a range of safety features that make them safer than ever to drive. The downside? New cars cost a lot of money. While it’s possible to find a used car at a fair price, new vehicles will almost always be more expensive than something that has already depreciated by as much as half its original value. However, cheaper doesn’t necessarily mean worse. Some used cars are better than their new counterparts — especially in the case of used luxury autos. Many people prefer older models for their classic style and lower sticker prices. If you’re willing to put up with slightly older technology and a less luxurious interior, you can get more cars for your money with an older model.
Polestar Automotive Holding UK (PSNY)
Polestar is a brand-new company, but its cars have been around for over a decade. The company has been Volvo’s performance arm since 2010, and in 2019, they are rebooting the brand as a standalone luxury car manufacturer. The first vehicle from Polestar is the Polestar 1, a two-door coupe expected to go on sale in late 2019. The Polestar 1 is a hybrid with a plug-in hybrid powertrain that should offer excellent gas mileage, as well as some extra power when it’s needed. Whether or not Polestar can make a mark in the car industry remains to be seen, but if they do end up being the next big thing, the Polestar 1 is a great first car. Powering the car is a hybrid system, using a 1.5-liter turbocharged three-cylinder engine combined with an electric motor. The Polestar 1 is a high-end hybrid meant to compete against luxury brands like Tesla and Mercedes-Benz.
General Motors Company (GM)
General Motors is one of the biggest car manufacturers in the world and one of the oldest. The company was founded in 1908 and has been the world’s biggest carmaker for as long as there have been reliable records of car sales.GM’s lineup is vast, offering everything from electric sports cars to massive SUVs. So whether you want a luxury car like the Cadillac CT6, a high-tech hybrid like the Chevy Volt, or even a pickup Truck, GM has you covered. The company’s Blue O You Innovative Company brand mantra and long history of safe and reliable cars make GM a safe bet for anyone looking for a used car. Many different GM models were manufactured between the 1990s and early 2010s, and they are all excellent used car options.
Tesla is the poster child for electric vehicles, and there are few cars as desirable. Tesla’s Model 3 is an impressive plug-in hybrid with electronic assists like automatic braking and lane-keeping, but there are a few drawbacks. The biggest drawback is that Tesla is a very new company. According to their website, the first Roadster Tesla was produced in 2008. The company’s first mass-produced car, the Model 3, didn’t go on sale until 2017. Tesla is an excellent company with a lot of potential, but they don’t have the history that other car manufacturers do. If you can find a used Tesla, it’s probably a good car, but new ones may be too expensive. Tesla’s are more costly than many other cars, and resale values are dropping.
Harley-Davidson is a brand that’s as American as apple pie, and they even make their motorcycles in the USA. The company has been around since 1903, making them one of the oldest car manufacturers on this list. HOG is mainly known for its touring bikes, so if you’re looking for a Harley-Davidson, make sure it’s a touring bike, not a Sportster. Sportsters are great for racing, but touring motorcycles are much more comfortable for everyday use. HOG is one of the few car brands with a cult following. It’s not hard to see why — Harley-Davidson is a unique company. If you’re into the car scene, you can choose from tons of H-D car models.
New cars are beautiful things but come with a hefty price tag. New vehicles are also not very fuel efficient, so many people opt to purchase used autos instead. Older cars are cheaper and less expensive to maintain as well. If you’re willing to put up with slightly older technology and a less luxurious interior, you can get more cars with a used vehicle for your money. There are many benefits to buying used cars and even more benefits to buying used luxury cars. Luxury cars depreciate much faster than regular cars because they cost a lot more. If you buy used, you’ll get more cars for your money.