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July 22, 2019

Used luxury or fully-loaded new car?

  • Mercedes luxury at a Honda price point? It’s a tempting proposition. But is it the smarter choice?
  • By RONALD MONTOYA
    Edmunds

    Mercedes image
    You could potentially get a 2016 Mercedes-Benz GLC for the same price as, or less than, a 2019 Honda CR-V.

    The luxury vehicle of your dreams might now be something you can afford, thanks to a record high number of lease returns hitting the used-car market. This trend has widened the price difference between a new vehicle and a 3-year-old used one, according to Edmunds transaction data.


     
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