Luxury cars are often called "aspirational vehicles." In other words, they are something many people strive toward purchasing one day. A new luxury car might not be attainable. But a used luxury car might be. The big question is this: Is a used luxury a smart choice?
Consider this scenario: You're prepared to spend $30,000 on your next car. You can easily afford a new non-luxury sedan, like a Honda Accord, loaded with such options as leather, navigation, automatic climate control and a rearview camera.