I am looking to buy my parents a new car as a gift and seeking suggestions.
As suggested below, they will be invovled in the final selection process. Probably looking to shortlist down to 5 models brand combination. Then have them pick.
They have always wanted a luxury car of the below brands:
They are not "car people", that is they don't really care about acceleration, handling, tech ect.
All they care is
SUV or large sedan
Some nice interior trim
Budget below 70k
They will probably own the car for 5-6 yr then sell it off, depreciation probably won't be their concern as it is a gift.
Why am i doing this, you may ask?
Well my parents have saved vigorously all their life to send me to private schools and give me the best chance to succeed.
Now I have got some money, I would like to buy them something nice.
They've been talking about buying a entry level luxury car for a while now, but unless I buy it for them I doubt their frugal mentality would allow them to do so.