Luxury cars are usually not the first choice when buying a used car. However, many are surprised to learn that these once-expensive cars are actually cheaper used, mainly due to depreciation.
To be frank, many luxury cars are expensive to run and maintain due to lack of warranty or insurance and because their advanced features are quite demanding. Even so, the market is full of used vehicles that offer good value for money and won’t cause headaches if repairs are needed and maintenance is contemplated.
With a booming demand for Used vehicles even during a pandemic, buying a luxury car is still an option. Although used, they can remain stylish and reliable with proper care. The list below features some of the cheapest luxury vehicles for those on a tight budget but still want a cool ride.
Sold for around $7,000This simply designed Swedish marvel, this mid-size luxury vehicle is packed with comfort and safety features that make it a reliable companion on the road.
The durability of this car makes it one of the most affordable to maintain, averaging $700 per year. Its last model year was 2016, but over the years it has remained a classic and a favorite.
ten Cadillac CTS
This sedan is arguably one of the most affordable used cars on the market, with prices as low as $7,000 for 2008 model years and $650 annual maintenance fee. The CTS inherited the design language of Cadillac’s Evoq concept car and has improved since its debut.
Driving this beauty exudes luxury but isn’t as expensive as its counterparts. With a V6 engine and an extraordinary infotainment system, the CTS could just as well mean: comfort, talent and service.
9 Hyundai Genesis Coupe
One of the most successful in the luxury market, the Genesis coupe is a hit because it combines safety with affordability. Marketed as a premium sports sedan when it debuted, this Korean wonder is on sale for just under $14,000.
Easy to fix and cheaper to maintain (about $565), the Genesis is a perfect buddy for novice drivers. With a V8 engine, the car is always impressive, thanks to its welcoming interior and its accelerations which will not disappoint you.
8 BMW 3 Series (E92)
No wonder the German automaker’s best-selling model is the 3 Series. Produced in seven different generations, this classic has remained practical over the years, making it a favorite among racers. It is easy to fall in love with this car because it combines design, comfort and functionality.
Priced just under $20,000 With an estimated annual maintenance cost of over $1,000, the diversity the 3 Series offers is perfect for all types of enthusiasts. This car is simply timeless.
7 2008 Mercedes-Benz E-Class
When it comes to high-quality driving, you can never go wrong with Mercedes-Benz. Its E-Class is so popular that it is used not only as a personal car, but also for European taxis and police mobiles.
This is proof of its durability which has remained unmatched even after five generations. With many models to choose from, this iconic vehicle costs as little as $12,000 with an estimated annual maintenance cost of around $900.
6 Lincoln Town Car
Although discontinued since 2011, the Lincoln Town Car remains one of the most recognizable limousines America has ever produced. In its heyday, it was mostly used in commercial service, thanks to its V8 engine and wide interior. His variant was once used as a presidential state car, proving that class can always go hand in hand with performance.
Buyers can score this limo from $6,000 to $9,000 And expect annual maintenance expenses of around $600.
5 Audi A4 2007
One of the most reliable in the industry, the 2007 A4 can now be had for as little as $8,000. Iit’s a score especially since the parts and service for this device are affordable so any repairs would be a breeze.
The annual maintenance cost would not exceed a large. With turbocharged engines, it delivers a capable ride. No wonder it’s ranked among the best.
4 Buick Regal 2011
The design may not be as fabulous as other luxury brands, but Regal’s performance should not be underestimated. Expect its V8 to deliver a smooth ride and be pleased with its ample cargo space.
Priced around $10,000 with an estimated annual maintenance cost of over $500, this midsize car won’t break the bank. The Regal is plain and simple but shouldn’t be overlooked.
3 2010 Lexus IS
This unit is among the most recognized brands on the market when it comes to reliability. The IS boasts of a wide interior that comes with comfort and comes with safety features.
Its V6 engine is powerful and its acceleration is a breeze. Expect to bank upwards of $500 a year for maintenance, but with proper care it will cost less. For around $10,000 to $13,000car enthusiasts can now enjoy this durable vehicle.
2 2016 Acura TLX
The standard features of the TLX will not disappoint you: they are straight to the point but remain luxurious. It boasts of solid steering, thanks to the V6. The quietness and comfort that comes with a smooth ride are unmatched.
Price under $20,000, it is surprising to know that its annual maintenance cost is cheap: more than $400, depending on the model. Speak worthy.
1 First generation Porsche Cayman S
Owning a Porsche is expensive. It’s true for new units, but it’s pre-loved cars cost just over $22,000. It’s still expensive compared to other brands, but it’s worth it.
First of all, it’s not just about aesthetics with this model as it has proven its reliability and durability over the years. It accelerates quickly and offers smooth handling. A dream car, indeed. All in all, it’s a decent buy, but expect an annual maintenance cost of more than a grand.
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