Five reasons to buy a used luxury vehicle instead of a new standard car (that non-luxury makers don’t want you to know)

The average price of a new car is now $40,000. Factors that contributed to this rise in cost are a demand for cars combined with the chip shortage and COVID-19 lowered production that began in 2020. When, if ever, will the prices of new cars return to pre-pandemic levels? We are not sure, but one way to still come out on top if you are in the market for a new car right now is to buy a used luxury vehicle.