Is now going to be the most ideal time to buy a car, or should I wait? Looking at used Audi, Mercedes and BMW and I feel like with where the market is, it may be a great time to get into one of those.

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Wait a month or 2

likehelpful

I’ve seen alot of ppl saying this without stating a reason why lol.

Yeah they’re desperate, especially the more small-time local car dealerships. I’m seeing 3 year old Mercedes and BMWs with like 25k mileage for $5k lower than pre-pandemic prices. And I bet you can negotiate even more. But better to strike while there is still uncertainty, before stay at home restrictions start easing

likehelpful

Yea I’m looking at a Mercedes GLC 300, and I see a good amt with low mileage but still 2019. Planning on pulling trigger soon, the prices have been steadily falling but have seemed to plateau for Benz anyway.

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Following. I’ve been car shopping and looking into used Benz and Beemers. My sister’s boyfriend said this is the time to buy it since the car market has plummeted ... but I’m still waiting to pull the trigger.

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Ayyyy TIL

Imo, it’s always better to never buy used luxury vehicles. These brands tend to have high maintenance and upkeep costs. Although the car prices might be cheaper now, you’ll make up for it in maintenance costs in the long run. If you can afford it, then go for it.

Also, if you don’t plan on driving a lot (less than 12K miles a year), I’d highly recommend you to look into leasing a new luxury vehicle instead. Dealers are desperate now so you may find amazing leasing deals too.

smart

In my experience if you can get them hyped up about how bulletproof and maintenance free the vehicle is, you can then negotiate a bumper to bumper warranty. Then it would be worth it.

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