Luxury cars are usually no one’s first choice when buying a used car. However, many are surprised to learn that these once costly cars are actually cheaper secondhand, mostly due to depreciation.
To be frank, many luxury cars are expensive to run and maintain due to lack of warranty or insurance and since their advanced features are quite demanding. Even so, the market is teeming with used vehicles that offer value for money and won’t result in a headache if repairs are needed and maintenance is considered.
With a booming demand for used cars even during a pandemic, buying a luxury car is always an option. Though pre-owned, they can stay elegant and reliable with proper care. Listed below are some of the cheapest luxury vehicles for those who are on a tight budget but want a cool drive anyway.
11 Volvo S80
Selling for around $7,000, this Swedish wonder has a straightforward design, this mid-size luxury vehicle boasts of comfort and safety features making it a reliable companion on the road.
The durability of this car makes it one of the most affordable to maintain, averaging $700 annually. Its last model year was 2016 but through the years, it remained a classic and a favorite.
10 Cadillac CTS
This sedan is arguably one of the most affordable used cars in the market, with prices as low as $7,000 for the 2008 model years, and $650 of yearly maintenance costs. The CTS inherited the design language of Cadillac’s Evoq concept car and has improved ever since its debut.
Driving this beauty exudes luxury but is not as expensive as its counterparts. Sporting a V6 engine and an extraordinary infotainment system, the CTS might 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 catch as it combines safety and affordability. Marketed as a premium sports sedan when it debuted, this Korean marvel is up for sale at just below $14,000.
Easy to repair and cheaper to maintain (around $565), the Genesis is an ideal pal for first-time drivers. With a V8 engine, the car is ever impressive, thanks to its welcoming interior and acceleration that will not disappoint.
8 BMW 3 Series (E92)
No wonder why the German carmaker’s best-selling model is the 3 Series. Produced in seven different generations, this classic remained practical throughout the years, making it a favorite among drivers. It’s easy to fall in love with this car because it combines design, comfort, and functionality.
Priced just below $20,000 with an estimated annual maintenance cost of over $1,000, the diversity that 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, one can never go wrong with Mercedes-Benz. Its E-Class is so popular, it is used not just as a personal car but for European taxis and police mobile as well.
That’s proof of its durability that remained unmatched even after five generations. With lots of models to choose from, this iconic vehicle goes for as low as $12,000 with an estimated annual maintenance cost of around $900.
6 Lincoln Town Car
Though discontinued since 2011, the Lincoln Town Car remains one of the most recognizable limousines America ever produced. During its heyday, it is mostly used in commercial services, thanks to its V8 engine and wide interior. Its variant was once used as a presidential state car, proving that class can always go with performance.
Buyers can score this limo from $6,000 to $9,000 And expect yearly maintenance expenses of about $600.
5 2007 Audi A4
One of the most reliable in the industry, the 2007 A4 can now be had for as low as $8,000. It’s a score especially since the parts and service for this unit is affordable so any repairs would be a breeze.
Annual maintenance cost would not go beyond a grand. With turbocharged engines, it offers high-performance driving. No wonder it is listed among the best.
4 2011 Buick Regal
The design might not be as fabulous as other luxury brands, but Regal’s performance should not be underestimated. Expect its V8 to deliver a smooth drive and be satisfied with its wide cargo space.
Priced at around $10,000 with an estimated annual maintenance cost of more than $500, this mid-sized car will not break the bank. The Regal is plain and simple but not to be overlooked.
3 2010 Lexus IS
This unit is among the most recognized brands in the market as far as reliability is concerned. The IS boasts of a wide interior that comes with comfort and matched with safety features.
Its V6 engine is powerful and accelerating it is a breeze. Expect to cash out more than $500 yearly for maintenance but with proper care, it will cost less. For around $10,000 to $13,000, car buffs can now enjoy this durable vehicle.
2 2016 Acura TLX
The standard features of the TLX will not disappoint: they are direct to the point but remain luxurious. It boasts of a solid steering, thanks to the V6. The quiet and comfort that comes with the smooth driving experience is unmatched.
Priced below $20,000, it’s surprising to know that its annual maintenance cost is cheap: more than $400, depending on the model. Talk about worthy.
1 First-Gen Porsche Cayman S
Owning a Porsche is expensive. That is true for brand-new units but its preloved cars cost just over $22,000. Still pricey compared to other brands, but it’s worth the money.
Firstly, it’s not all about aesthetics with this model as it has been proven reliable and durable throughout the years. It accelerates fast and boasts smooth handling. A dream car, indeed. All in all, it’s a decent purchase, but expect an annual maintenance cost of more than a grand.
Seeing the dirt come off this low mileage classic Ford pickup is satisfying.
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