Some people are happy with any car that is able to get them from A to B, but others are more discerning. If you are someone who demands the very best from life and won’t settle for anything short of a luxury experience, here’s what you need to know to find the right luxury vehicle.

Consider Finance

If at all possible, you should aim to buy your car with cash as this will be the cheapest way of doing it. Not only will paying for the car outright mean that you pay the lowest cost possible, but you will then own the car outright. In other words, after you have paid for the car, it will be yours. If you opt for finance or some other form of credit, you will only be releasing the car and will not actually own it until the end of the financing period.

Depending on the type of bank account you have, you can end up accumulating quite a lot in interest in the process of saving up money for a car. For example, if your account has a 2% annual interest rate, then you will receive £20 for every £1,000 that you save over the year. Compare this with financing, where borrowing £1,000 against the cost of a vehicle with an interest rate of 9% would mean paying back £1,090.

However, if you are confident in your ability to pay back a financing agreement, and you are in a position to afford the finance agreement on a month-to-month basis, financing is an option you might want to consider. Needless to say, financing a luxury car is going to cost quite a bit more than financing a regular old car. Depending on just how much more a luxury car costs, the monthly payments can represent a significant fraction of a cheaper car.

Consider Second-Hand Options

Another tried and tested method for saving money on the purchase of a car is to simply buy second-hand. Luxury cars are like any other type of car, and there is a thriving second-hand market out there. If you are going to be purchasing your car second-hand then it is always worth being prepared to negotiate with the seller. One of the advantages of buying second-hand from the perspective of both the buyer and seller is that they can agree upon a price between them and are not as restricted as a car dealership would be.

If you are buying second-hand, then you should still enter into it with an upper limit on the amount that you want to spend. Of course, if money really is no object to you, then buying the car new is always the better option, but luxury cars command a luxury price tag.

Have the Car Checked By a Mechanic Before You Commit

If you do decide to buy a second-hand vehicle, then you should have a mechanic look over it first to ensure that everything is as it should be. This is always a good idea, but it is especially important if you are going to be splashing out on a luxury vehicle. A diagnostic scan will not only alert you to any problems that currently exist in the vehicle but can also give you a heads-up as to any that appear to be developing, giving you the opportunity to address them before they create a serious issue.

Look for a Registered Dealer

If you are going to be going all out on your purchase of a luxury vehicle and are going to buy it brand new, it is worth finding a registered dealer to purchase it through. As is the case with many luxury purchases, there are many counterfeit luxury cars on the market, and some dealers who are not as legitimate as they may seem, so you need to be careful when you’re shopping around.

When you purchase through a registered dealer, you know that the stock that you are buying is coming straight from the manufacturer to the dealership. Not only this, but registered dealers will be able to provide you with certificates of authentication and other documentation that proves the authenticity of a luxury vehicle. If you plan to sell your vehicle after a few years, a luxury vehicle will retain its value better than other types of vehicles, although like all other cars it will lose a significant portion of its value with time. Having the right documentation will make it easy for you to prove that the car is legit.

For example, if you have your heart set on a Bentley, then you should look for a dealer like H.R. Owen. H.R. Owen is a registered Bentley dealer that sells both new Bentleys and pre-owned models. If you are going to buy a luxury car pre-owned, this is another service that registered dealers often provide.

Buying a luxury car is obviously a significant investment, but a luxury car is more than worth it for some people. Luxury vehicles tend to retain their value better than most standard cars, but why would you ever want to sell your dream car? If you take the time to make the right decision now, you can land yourself a luxury car that will last you a lifetime.