I recently stumbled across an '04 BMW 325i with 64k miles for sale for $9,400. I need to buy a car, and am thinking about spending $8 to $10k. From what I've seen thus far, there's not much of a premium for a luxury vehicle that's 8 years old. Even Ford's, etc are $8k+...
My question is, should I go with a used luxury car?
It may not be a 325i, I've also seen some good deals on Mercedes Benz C230 and C240. I have no personal (or family) experience with owning a luxury car, but I've read that maintenance costs will be about $2k/year for these vehicles, which I think I could live with.
What luxury brand would be best for my price range?
Ultimately, I'm trying to decide whether having this vehicle now, at age 27, when I'm just starting my journey down the fast-lane will help MOTIVATE me? Or will it DE-MOTIVATE me? I believe it will motivate me, to enjoy something nice like that, and know that I could have much nicer things if I work hard.
What do you think? General thoughts???
My question is, should I go with a used luxury car?
It may not be a 325i, I've also seen some good deals on Mercedes Benz C230 and C240. I have no personal (or family) experience with owning a luxury car, but I've read that maintenance costs will be about $2k/year for these vehicles, which I think I could live with.
What luxury brand would be best for my price range?
Ultimately, I'm trying to decide whether having this vehicle now, at age 27, when I'm just starting my journey down the fast-lane will help MOTIVATE me? Or will it DE-MOTIVATE me? I believe it will motivate me, to enjoy something nice like that, and know that I could have much nicer things if I work hard.
What do you think? General thoughts???
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