Acquiring a high-quality vehicle with a prestigious badge and a wealth of features is an appealing prospect for any motorist. However, with the average price of a new car hovering around $50,000, it can seem a distant dream. According to automotive experts at Edmunds, there is a savvy solution: the used luxury market. They have identified several outstanding used luxury vehicles that can be secured for less than $40,000, offering a refined driving experience and premium technology often absent from mainstream rivals.
Edmunds' Top Picks for Premium Performance
The team at Edmunds has curated a list of five favourites, spanning sedans and SUVs, that deliver exceptional value. These models provide the comfort, technology, and driving dynamics associated with luxury marques, but at a significantly reduced cost thanks to initial depreciation. The recommendations focus on relatively recent model years, ensuring modern safety and infotainment features are still present.
Sedan and Compact SUV Standouts
In the small sedan category, the BMW 3 Series is highly recommended. The seventh-generation model, introduced for the 2019 model year, offers smooth, powerful engines and sporty handling. For those shopping with a $40,000 budget, targeting a 2022 to 2024 330i is the best strategy. Edmunds advises seeking out examples equipped with optional advanced driver aids like adaptive cruise control.
For a subcompact luxury SUV, the Mercedes-Benz GLB, launched for the 2020 model year, is a shrewd choice. It boasts a roomy cabin and good visibility. The experts suggest the GLB 250 model for its balance of performance and economy, with plenty of 2023 and 2024 examples available under $40,000. As with the BMW, ensuring the vehicle has the optional driver assistance package is a key buying tip.
Luxury SUVs with Space and Style
The stylish Genesis GV70 small SUV debuted for the 2022 model year and offers a potent choice of engines. Shoppers can find numerous 2022 and 2023 GV70s within budget. The model designation is important: 2.5T indicates the four-cylinder engine, while 3.5T denotes the more powerful V6.
For families needing three rows, the Acura MDX was redesigned for the 2022 model year, gaining more legroom and improved tech. A 2022 MDX can readily be found for under $40,000, with the sportier A-Spec trim level recommended for its extra features.
Finally, the Buick Enclave offers a compelling blend of mainstream pricing and near-luxury content. The previous generation model (2018-2024) is praised for its style and capability. Aiming for a 2023 or 2024 Enclave in midlevel Premium trim is a great way to get extras like ventilated seats and a premium sound system.
Smart Luxury Without the Financial Strain
Edmunds concludes that wanting a luxury badge on your next car doesn't have to strain your finances. Choosing the right used model can bring immense pride of ownership and many miles of driving pleasure at a fraction of the original cost. This analysis was provided to The Associated Press by Edmunds, with contributor Nick Kurczewski.
