Buying a used luxury vehicle is a great way to save a lot of money. Luxury cars depreciate faster than your average car, even from the first day they make it off the dealership lot. Go back more than a few years, and you can find a lot of affordable options for a used luxury SUV. The appeal is that they cost just as much, if not less than other SUVs on the market that are seemingly lower quality. Considering all of the potential, costly problems you could have with the 2007 Audi Q7, it isn’t on our list of cars to test drive.
The danger of used luxury cars
Part of the reason why luxury cars depreciate so heavily is that the more mileage a car has the more likely it is to need major and expensive repairs. According to Consumer Reports, this is one of the reasons why you should avoid the 2007 Audi Q7 no matter how cheap it gets. Buying a car for a bargain isn’t really helpful when you end up having to pay a ton of money for major repairs, and chances are, that will be the case with an older used Q7.
More than a few reasons to pass on the Audi Q7
On the surface, buying a 2007 Audi Q7 probably seems like a great idea. Even for an older vehicle, it offers a lot of comfort and features that you would expect from modern cars. Even better, you can find them on the used car market for well under $10,000 even in good condition with lower mileage. From a car that you could buy brand new for around $55,000, that’s a pretty significant drop in price. Not to worry, this older luxury SUV makes up for the cost in other ways.
Hidden costs in new ways
The Audi Q7 already isn’t the most reliable used car on the market, and they are known for being just as expensive to maintain as they are to purchase. As with buying any older used car, you can expect to end up having to handle more than a few repairs or replacements, even if it’s just on parts that wear out with time.
For the 2007 Audi Q7 parts and repairs are a lot more expensive than you might think. If you are going to buy a used luxury SUV, you should probably look at something that is known for being a little bit more reliable.
There are plenty of older used luxury cars that are worth the depreciation, but you have to remain diligent on buying a car that has been well maintained, and avoid buying a car that could be a total lemon.