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New luxury car or a pre-owned one? Here’s what depreciation, maintenance and financing mean for your wallet

24 Sept 2026 · 3d agoSource: LiveMint — Money

Buying a luxury car is not just about comparing the price of a new model with a pre-owned one. Buyers should consider depreciation, loan interest, insurance, maintenance, warranty, repair costs and resale value to understand the actual cost of ownership.

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