luxury cars 40 000 image
Ara
Looking for 2010, 2011 or 2012 luxury car for around 30,000 with close to 40 mpg. My wife and I don't want to settle for a Prius or Civic, but we do want good MPG because we drive so much. Is this possible without spending too much more?
Answer
If you take a closer look at the Prius, you'll see that you aren't "settling". It has many of features only found in luxury cars. It's a mid-sized car, not a compact like the Civic, so room is not a problem.
Note that decent luxury cars start at about $45,000.
My 2004 Prius has cost 12 cents per mile for dealer maintenance, tires, and fuel combined over the 120,000 trouble-free miles I've driven it so far.
My 2004 Prius MPG from the logbook. (Complete years only):
2003-2004 -- 50.8 mpg 17,628 miles
2005 -- 52.6 mpg 14,688 miles
2006 -- 56.3 mpg 16174 miles
2007 -- 57.3 mpg 18384 miles
2008 -- 59.9 mpg 21755 miles
2009 -- 61.4 mpg 16177 miles
2010 -- 65.2 mpg 12134 miles
http://www.ctvbc.ctv.ca/servlet/an/local/CTVNews/20110125/bc_olsen_prius_reliability_110125/20110125?hub=BritishColumbiaHome
If you take a closer look at the Prius, you'll see that you aren't "settling". It has many of features only found in luxury cars. It's a mid-sized car, not a compact like the Civic, so room is not a problem.
Note that decent luxury cars start at about $45,000.
My 2004 Prius has cost 12 cents per mile for dealer maintenance, tires, and fuel combined over the 120,000 trouble-free miles I've driven it so far.
My 2004 Prius MPG from the logbook. (Complete years only):
2003-2004 -- 50.8 mpg 17,628 miles
2005 -- 52.6 mpg 14,688 miles
2006 -- 56.3 mpg 16174 miles
2007 -- 57.3 mpg 18384 miles
2008 -- 59.9 mpg 21755 miles
2009 -- 61.4 mpg 16177 miles
2010 -- 65.2 mpg 12134 miles
http://www.ctvbc.ctv.ca/servlet/an/local/CTVNews/20110125/bc_olsen_prius_reliability_110125/20110125?hub=BritishColumbiaHome
Why do luxury cars seem to devalue more quickly than most consumer cars?
Q. When I was car shopping a little while ago, I noticed that there were several used cars from high end brands like BMW and Infinity from 2005 and earlier that were very inexpensive compared to what they cost new, many were under $10,000 when they probably sold for around $40,000 new. Why is it that these cars tend to devalue more rapidly than normal cars?
Answer
because the resale market is alot smaller for luxury brands so they have to charge less to gain a bigger market
because the resale market is alot smaller for luxury brands so they have to charge less to gain a bigger market
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