About Older Luxury Cars
If someone drives a luxury brand car such as a Mercedez, BMW, Audi, etc. even if it’s an old car, they think it’ll make people think theyr’e driving an expensive car. Perhaps to the younger crowd this may work on, but definitely not to the older crowd. So don’t buy an old luxury car just for the sake of impressing people. Luxury cars actually lose values even faster than non-luxury cars. So if it’s a 5 year old BMW, then it’s not worth much more than a Honda, sorry. Furthermore, you’ll be stuck paying high maintenance fees for nothing.