There’s always an inherent risk in buying used cars, especially used luxury cars. Sellers aren’t always the most honest people (dealerships included), luxury cars often have more components that could need repairs or expensive maintenance, and insurance costs for nicer cars are almost always more expensive than your typical commuter car. However, it can also be exceptionally rewarding. Let’s say you manage to find a used Mercedes-Benz S-Class for a reasonable price, and the owner is transparent about its service history. You might just get away with a six-figure driving experience for under $20,000.
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