The Benefits of Purchasing a Used Car with Manufacturer Warranty
When it comes to purchasing a used car, many are hesitant due to the potential for significant depreciation. However, buying a pre-owned vehicle that still has the manufacturer's warranty can offer several advantages. In this article, we will discuss the benefits of purchasing a used BMW or Mercedes-Benz with a manufacturer's warranty, including cost savings, peace of mind, and reliability. Additionally, we will provide tips for ensuring you choose the right car and maintain it properly.
Introduction to the Benefits
One of the key benefits of purchasing a used car with a manufacturer's warranty is the potential cost savings. When a car still has a warranty, significant depreciation (often around $10,000 to $20,000) is absorbed by the original buyer. This can mean that when you buy a used car that still has a warranty, you might be saving a substantial amount compared to purchasing a completely new car.
Reliability and Performance
Another important benefit is the performance and reliability of the car. A BMW or Mercedes-Benz that has only traveled around 30,000 miles can still look and run very well. These vehicles often retain their value and can provide excellent driving experience for an extended period.
Staying in Control of Repair Costs
Purchasing a used car with a manufacturer's warranty can also help you stay in control of repair costs. For example, a warranty can cover various parts and services, such as repairs or replacements, for a pre-determined period. This can be particularly beneficial if you choose a car with a warranty extension, like a 100,000-mile warranty, which can start at around $3,500. The extended warranty provides peace of mind and ensures that you will not face unexpected repair expenses.
Choosing the Right Used BMW or Mercedes-Benz
When purchasing a used BMW or Mercedes-Benz with a warranty, it's crucial to choose the right car and ensure it has undergone a thorough inspection. Look for a certified pre-owned (CPO) car, which typically means the car has been inspected and maintained to a higher standard. CPO cars undergo 140 points of review and potential repairs, making them more reliable and less likely to have hidden issues.
Tips for Maintaining Your Used Car with a Warranty
To maximize the benefits of your used car with a manufacturer's warranty, follow these tips:
Install Run-Flat Tires: Newer models of BMW and Mercedes-Benz typically do not include a spare tire. Installing run-flat tires can be a wise investment as they provide a safer and easier way to drive after a flat tire. Run-flat tires allow you to continue driving for a limited distance even after a tire is flat. Regular Maintenance: Keep up with regular maintenance as per the manufacturer's recommendations. Regular oil changes, tire rotations, and other maintenance tasks can help prolong the life of your car and ensure that it operates efficiently. Stay Updated on Recalls: Check for any manufacturer recalls that may be relevant to your car. Keeping your car up-to-date with all necessary recall fixes can help prevent major issues in the future.By following these guidelines, you can enjoy your new “pre-owned” BMW or Mercedes-Benz for many years, knowing that you have taken the necessary steps to protect your investment.
Conclusion
Purchasing a used car with a manufacturer's warranty can be a smart financial decision, offering savings on depreciation, peace of mind, and enhanced reliability. When you choose a certified pre-owned car with the right features, like run-flat tires, and follow proper maintenance procedures, you can ensure that your car provides a long and enjoyable driving experience.