You might not get the newest and coolest luxury cars of the year, but you could potentially purchase a new-to-you one. While most luxury cars have a price tag as high as several hundred thousand dollars, there are luxury cars out there that are more budget-friendly. Here’s a list of the best used luxury cars from U.S. News. You’ll soon have the hot rod of your dreams for a fraction of the cost.
Top Best Used Luxury Cars Under $30K
Though you may not be able to afford a new luxury vehicle at this time, you may be able to swing a new-to-you luxury car. Many used luxury cars offer a good combination of the creature comforts and performance buyers want.
The used cars on this list have an average price under $30,000 and a high overall score, as determined by U.S. News & World Report. U.S. News’ scores are determined by rating the vehicle’s performance, interior, cost to own, safety, and reliability, as well as critics’ overall recommendation.
The list covers eight of the best, used luxury cars, from sedans to SUVs to sports cars. There is even a hybrid for the environmentally conscious. In addition, aside from these luxury cars being relatively cheap, they are also reliable. The cars are graded with the following criteria in mind:
- Cost to own
- Critics’ recommendation
Our personal favorite from the list is the 2013 Lexus RX 350. It’s a spacious and comfortable SUV that offers excellent fuel economy and a smooth driving feel. If you’re looking for a reliable luxury car for your family, however, you may want to look into the 2011 Cadillac Escalade. It seats 8 passengers, so its perfect for you and the kids.
On the other hand, the 2008 Mercedes-Benz S-Class is a good choice if you’re particular with comfort and performance. It has an installed safety tech and a navigation system with a V8 or V12 engine.
But Why Buy a Used Luxury Car?
Surely, saving up for a brand new one is better, right? After all, you spend more to get the cutting edge of automotive technology. However, buying a new car has a lot of extra fees that come with it. There’s the sales tax, registration tax, insurance, and all those extra fees dealers tend to shoehorn in.
In contrast, when you purchase a pre-owned car, not only is the market price lower, but the insurance rate is too. Waiting a while before purchasing a car is also smart because the price tends to drop over time. Another good argument in favor of purchasing pre-owned cars is the fact that most modern cars are built to run more than 100,000 miles. Most used cars don’t even scratch the half-way point of their total mileage.
Getting More by Spending Less
— Blue Insurance (@_Blue_Insurance) September 27, 2017
A brand new luxury car is worth hundreds of thousands of dollars. For a third of that price, you could get a used car. There’s such a wide variety of pre-owned cars in the market right now. You don’t have to spend beyond your budget for a reliable and comfortable luxury car. If you’ve always wanted a luxury car but are restricted by a budget, choosing a used one is a great choice. Why not purchase one of the best used cars from the list above and become a part of the luxury car family?
For another list of affordable luxury cars, check out this video by AutoGuide.com. They list 10 inexpensive, yet powerful sports cars:
Like any other expense, buying a car should be thought about and researched thoroughly. After all, you wouldn’t want to be stuck paying hundreds of dollars for a car you’ll eventually regret buying. You may also want to try renting a luxury car before buying one. This will help you decide which car to get before actually buying it.
Are you now tempted to get one of the best used luxury cars? Let us know in the comments section below!
Editor’s Note: This article was first published in October 2017 and has been updated for quality and relevancy.