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I decided to respond to an article I found on the internet that list reasons why he won’t buy a luxury car. I understand that some people just don’t want to have a flashy car, but these few people don’t understand that regardless of what car you own, people will have some type of pre-judgement about you regardless, and with that being said let’s jump right in. Six reasons why I don’t want to own a luxury car.
People will assume things about me that I don’t want them to assume.
I become a more obvious target for theft.
[The most stolen new car is a Nissan Altima and the most stolen used car is a 1996 Honda Accord. Both of these vehicles are far from being luxurious. I also looked up the most stolen luxury car and that’s a Mercedes S-class, now that we’ve gotten that out of the way. Older cars tend to be a higher target for theft because they are easier to steal due to lack of theft protection. Also, there are some older vehicles with parts that are much easier to sell and make a profit off of, as with most luxury cars the parts are marked which makes them harder to sell because some parts can’t be reused on any other car once removed. I don’t understand your ‘target’ reason for not wanting a luxury car. You can have a Honda and be a target; you could have a Kia and be a target. Thieves go after the easiest cars they can get their hands on.]
Depreciation is even more painful.
[It depends upon the brand you buy from. Audi and BMWs tend to hold their value way better than let’s say Mercedes or Maserati. Most cars depreciate the most within the first three years of ownership. So, unless you’re leasing your cars and give them back so you won’t have to worry about the hit in depreciation, this reason is also a weak one.]
I have to travel much further to get repairs done.
[No matter what car you purchase, some repairs will have to be done at the dealership and yes you will have to travel to the dealership. I’d rather make the drive to the dealership and get my vehicle properly fixed under warranty than to my mechanic who may or may not know how to work on newer vehicles with all these high tech features. You can buy a new Kia and still have to take it to the dealer for certain repairs.]
The normal behavior of children is more costly.
[Leather seats are actually a lot easier to clean than you’d think. Cloth seats tend to absorb moisture which makes them harder to clean if your kids spill juice on them. Regardless if I have a Honda Pilot or Mercedes GL, I will be very upset if my kids spilled juice in the car. This is why if you have kids in the car, buy spill proof products for them or have them wait until they are at home or at the destination you are intended to go to.]
I would be scared to breathe in it.
[So what you’re saying is, you’d feel better in a $20k Kia? Here’s my thing about this statement here, you can have a new car and have that new car anxiety. You can have a used car still have that same exact anxiety. When you switch from one car to another, you have to readapt yourself to that particular vehicle all over again. It doesn’t matter if it’s an Audi, Mercedes or BMW. When you buy a new car you have to readapt to that vehicle because it’s a totally different vehicle. I fear people hitting my car and I drive a $20k Mitsubishi. It doesn’t matter the price of the vehicle, the fear of others being jealous of what you have is an actual fear for anyone.]