If you are shopping for cheap luxury cars, you probably already know that there are no really cheap new ones out there. Cheap and luxury are seldom mentioned in the same sentence. So, if you want to save some serious money on a high end sedan you might want to think of looking at a few cheap used luxury cars. To help you get started, here is a list of popular 2 or 3 years old luxury sedans and their average prices.
A luxury vehicle that is as about as big as they come. The DTS is American opulence at its best and offers more in terms of a comfortable ride than vehicles that cost 3 times as much. A brand new DTS will set you back around $57,000 for a fully equipped. So, buy a 2008 model with less than 30,000 miles on the odometer and pay about half as much ($27,000 – $30,000).
BMW is known for making some of the most luxurious cars on the road, and the 550i is no exception. The biggest complaint about the 550 I. is his highest price tag, and they knew one will cost you about $60,000. You can find certified used 2007 BMW’s with less than 40,000 miles on them for under $30,000. If you buy one from a private party seller, you may even save an additional $4000-$5000.
If you are looking for an outstanding value in an a full size luxury sedan, it’s hard to go wrong with the Lincoln MKZ. Plenty of options and a comfortable ride make a new MKZ a bargain at only $37,000 for a full equipped model. However, if you want a really good deal, choose a 2008 model with about 30,000 miles on it and pay around $20,000. Chances are that you can find a certified used MKZ in this price range with a Cadillac warranty on it.
Want to know how to save $30,000 on a high performance Audi A8 sedan? Buy one that is a couple of years old. The Audi A8 offers power and performance that is hard to match with any other luxury sedan under $100,000. A new A8 with all the trimmings has a sticker price of about $75,000. However, a 2008 model with low miles can be had for about $42,000 – $45,000. Go with a 2007 model and save about $7000 more.
BMW’s 7 Series has always been adored by enthusiasts for its considerable power and drivability. Few cars convey an aura of prestige or success like the 750i can. The vehicle exudes a feeling of luxury and just looks the part of an expensive sedan. The 2010 model brings a few minor changes in the BMW 750i’s design that make slightly older models that much more of a value. A brand new 750i can cost up to $115,000 for a vehicle with all the bells and whistles. But, a 2008 750i with about 30,000 miles, every imaginable accessory or feature and a BMW certified used car warranty can be had for under $65,000.