17Jan
Purchasing a luxury car doesn't always mean breaking the bank. With a little research and a keen eye, you can find a remarkable used luxury vehicle that offers the elegance, performance, and comfort you seek but without the hefty price tag you do not seek.
This guide dives into the top 10 best used luxury cars that promise not just prestige, but also excellent value for your money.
See also:
Why Do Mercedes Depreciate So Much?
1. Lexus LS 460
2013 LS460 / Photo Credit: Lexus.
The Lexus LS 460 stands out as one of the most reliable used luxury sedans. It offers a smooth V8 engine, proven durability, and a luxurious ride at a lower cost than newer models. Perfect for those who appreciate timeless elegance and performance.
New cars typically lose about 20-30% of their value in the first year. So, buying a used Lexus LS 460 means you avoid this initial steep depreciation.
A used Lexus LS 460 can be purchased for around $10,000 to $40,000 depending on the model year and condition. This is significantly lower than the price of a new one. It can last well over 200,000 miles with proper maintenance.
2. Mercedes-Benz E-Class
2024 E-Class / Photo Credit: Mercedes-Benz.
The Mercedes-Benz E-Class is renowned for its balance of luxury and performance. A new E-Class depreciates about 54.6% after five years. Which means buying a used model that's just 2-3 years old can save you around $28,660 compared to buying new.
Used E-Class models can be found for $35,000 to $45,000, depending on the year and condition. These cars are known to last 250,000 miles with proper maintenance.
As one of the best used midsize luxury cars, it offers a range of powerful engine options and a sophisticated interior.
3. BMW 5 Series
2021 5 Series / Photo Credit: BMW.
For those who prioritize driving dynamics, the BMW 5 Series is among the best used luxury sedans. With its agile handling and powerful engine choices, the 5 Series delivers a thrilling driving experience.
A new 5 Series depreciates about 54% after five years, making buying a used model that's 2-3 years old a cash savings of around $30,000 compared to buying new. Used Series models can be found for $25,000 to $40,000.
The interior combines modern technology with luxurious finishes, making it a favorite for driving enthusiasts.
4. Audi A6
2012 A6 / Photo Credit: Audi.
The Audi A6 is a staple in the luxury car market, known for its elegant design and advanced technology. Offering a comfortable ride and a high-quality interior, the A6 is one of the best second hand luxury cars.
Considering a new one depreciates about 55% after five years, you can save around $30,000 by opting for a used model that's just 2-3 years old.
Used A6 models can be found for $25,000 to $40,000, depending on the year and condition. Its Quattro all-wheel-drive system enhances performance, especially in challenging weather conditions.
5. Cadillac CTS
2014 CTS / Photo Credit: Cadillac.
The Cadillac CTS offers a compelling mix of American luxury and sporty performance. As one of the best used luxury sports cars, it features a potent engine lineup and a driver-focused cabin.
A new CTS depreciates significantly, with a drop of around 50-55% in value after five years. So, buying used is how you avoid this steep depreciation.
They typically go for $15,000 to $35,000 in the used market, depending on the year and condition. That’s significant savings over a new model. The CTS provides a distinctive and bold design, ensuring you’ll stand out on the road.
6. Jaguar XF
2021 XF / Photo Credit: Jaguar.
The Jaguar XF exudes British sophistication and style. This best used luxury vehicle to buy offers a smooth ride with its range of powerful engines.
A new XF depreciates rapidly, with a value drop of around 50-55% after five years. Buying used allows you to bypass this significant depreciation. Used XF models can be found for $20,000 to $40,000.
The XF’s interior is adorned with premium materials and cutting-edge technology, making it a great choice for those who appreciate classic luxury with a modern twist.
7. Infiniti Q50
2016 Q50 Red Sport 400 / Photo Credit: Infiniti.
The Infiniti Q50 is a good used luxury car that combines performance with comfort. You can let the other guy carry the initial steep depreciation because a new Infiniti Q50 drops around 40-50% in value after three years.
Used models can be found for around $20,000 to $30,000, translating to considerable savings over a new model. It features a strong V6 engine and a spacious, luxurious interior.
The Q50 is also known for its advanced safety features, making it a solid choice for families seeking a reliable and stylish sedan.
8. Acura TLX
2024 TLX / Photo Credit: Acura.
If you’re looking for the best used luxury cars under 30k, the Acura TLX is a worthy consideration. It offers a well-rounded package of performance, comfort, and technology. The TLX is praised for its reliability and lower maintenance costs compared to its German counterparts.
Since a new TLX depreciates around 50-55% in value after five years, opting for a used model is how you let someone else bear the significant initial depreciation.
They can be found for $20,000 to $35,000 in the used market and are known to last 200,000 miles with proper maintenance.
9. Volvo S90
2017 S90 / Photo Credit: Volvo.
For those who value safety and Scandinavian design, the Volvo S90 is an excellent choice. It depreciates around 50-55% in value after the first five years of purchase, so, buying used makes sense in terms of avoiding this initial steep depreciation.
The used ones go for $25,000 to $40,000, offering significant savings over a new model. As one of the most reliable used luxury cars, it boasts a serene and spacious interior, packed with innovative safety features.
The S90’s elegant and minimalist design appeals to those who prefer understated luxury.
10. Lincoln MKZ
2023 MKZ / Photo Credit: Lincoln.
The Lincoln MKZ is a best value used luxury sedan that offers a comfortable ride and a feature-rich interior. It provides a smooth and quiet driving experience, with a range of engine options to suit different driving preferences.
The MKZ’s sleek design and advanced technology make it a strong contender in the luxury sedan market. It can make financial sense to wait and buy used since a new MKZ can depreciate around 50-55% in value after five years.
They typically go for $15,000 to $30,000 in the used market, depending on the year and condition.
Factors to Consider When Buying a Used Luxury Car
Photo Credit: Getty.
When shopping for a used luxury car, it’s important to consider several factors to ensure you get the best deal and a vehicle that suits your needs.
Vehicle History
Always check the vehicle’s history report to understand its past ownership, accidents, and service records. A clean history report is a good indicator of a well-maintained car.
Certified Pre-Owned (CPO) Options
Opting for a certified pre-owned luxury car can provide peace of mind. CPO vehicles come with manufacturer-backed warranties and have passed stringent inspections.
Maintenance Costs
Luxury cars can have higher maintenance costs due to their advanced features and premium parts. Research the average maintenance costs for the model you’re interested in to avoid surprises down the line.
Depreciation and Resale Value
Luxury cars depreciate faster than non-luxury models. Consider the resale value of the car to ensure you’re making a wise investment.
Test Drive and Inspection
Before purchasing, take the car for a test drive to assess its performance and comfort. It’s also advisable to have a trusted mechanic inspect the car for any hidden issues.
A Final Note
Photo Credit: Getty.
Choosing the right used luxury car involves balancing personal preferences, budget, and long-term reliability. Whether you prefer the sporty dynamics of a BMW or the refined elegance of a Lexus, this list of the top 10 best used luxury cars offers a variety of options to suit different tastes and needs.
Remember to do your due diligence and consider factors like vehicle history and maintenance costs to make an informed purchase.
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