<prompt> Human: I hope this is the right subreddit to post this. I have a career that involves frequent client meetings where my appearance and image are judged by my clothes and car. I can start a separate discussion on how to buy tailor made clothes for cheaper than shopping at Macys but Ill save that for later. Now onto the big ticket item, a luxury car. While I would of been happy to buy Honda and bank any excess cash, I need a luxury car for my position as an executive plus I love cars. Many of my coworkers buy new cars off of the lot and are quick to recommend the same. Being that I am frugalish sometimes, I have a system to buy cars that look new but are per owned.1 figure out how much you can afford. This sounds simple but it is really a major point. 2 try to pay with cash but if you cant then secure a low interest loan ahead of time.3 Do research on consumer reports for the reliability of the make, model and year of the car. Only buy reliable cars.4 I buy cars that are typically 3 years old and still have a similar body style to the new models.5 check KBB for what your car is worth as a trade I and also what your new car will be worth as a trade in.6 try to find a car priced for or under the KBB trade in value. This may require driving a few hours, but hey saving thousands is worth it. Search on sites like autotrader, cars.com, etc.7 if you plan on holding the car for only 3 years, try to use KBB to predict what the car will be worth in the future. If I was to buy a 2013 BMW 5 series, I would do my research to find out what a similar 2010 BMW is worth.8 check the car fax and pay attention to the service history. I like cars that were leased and maintained at the dealer.9 Before negotiating for a car with a dealer, call them and have them give you a out the door number which includes taxes, tags and all dealer fees. This is to make sure they are not going to bait and switch you. Get it in writing before you go to meet the dealer.10 if the car is not under warranty I would still consider it. I personally do not believe in purchasing extended warranties and if you cannot afford to pay for repairs then you probably shouldnt buy the car.My example, I just purchased a 2011 Audi A6 3.0T 6 cyl supercharged engine fully loaded prestige package with 55k miles for 26,500 out the door incl all taxes and feesThe body is very similar to a 2014 model and would cost around 56k out the door.Many of my coworkers and clients think its a new car. I hope this helps and feel free to add any comments.  <response>: So basically tl;dr buy used?No shit OP. Especially with luxury cars that depreciate like rockets. 