Looking for a great deal in a luxury used car this holiday season?
Your best bets are on 2005 – 2008 BMW X5, 328i, and 750IL, Jaguar XJ8, Mercedes Benz 550 and 350’s, Acura TL, Lexus ES350, IS 250 and Audi A6. You won’t find many Infiniti G35 and G37 deals even though there are plenty of them out there. It appears many Infiniti dealers are holding out for high dollars while the competition is anxious to move their inventory.
I have had great success working deals on these cars while others are finding dealer attitudes getting in the way of a purchase.
Complicated by financing deals ranging from 2.9% for 60 months to 8.99% depending on FICO AUTO scores and down payment dealers and clients are trying to make their best deal, not necessarily mutually inclusive.
In addition to considering your finance payment and purchase options, watch for certification: a warranty originated by the factory and only available by branded dealers selling the same make, can add $1500 to $2000 to the listed cost of the car, while the actual cost to the dealer and value to the consumer should be cause for pause without further scrutiny. In some cases, a factory-backed warranty may cover more miles, features and months for a lower deductable or cost.
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