Used Luxury Cars Can Be Expensive to Own
Used luxury cars can be very attractive when you look at the price. However, if the car is out of warranty, and over 60,000 miles, think twice. Cars like BMW, Jaguar, and Mercedes-Benz are very expensive to repair. For example, the engine of a $65,000 Mercedes costs about $16,000 to rebuild. The transmission of the same car costs about $5,000. Electronics are very expensive to repair too.
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