Driving a luxury car needn’t be out of reach if you search for the best used luxury cars under $20,000. Keep in mind that for the best bargains, you may need to opt for older models, particularly those from Mercedes-Benz, BMW, Acura, and others, or you may need to consider entry-level small or midsize choices instead of full-size luxury cars.
To arrive at this list of the Best Used Luxury Cars under $20,000, we first checked Consumer Reports “Best Used Vehicles for Under $20,000.” Then, we researched pricing to fit the target by using Edmunds True Market Value (TMV).
- 2006 Mercedes-Benz C-Class – Consumers looking for a Mercedes-Benz to put in their driveway may consider the entry-level C-Class. This baby Benz for model year 2006 (part of the car’s second generation) comes in sport sedan and sedan, with rear-wheel drive (RWD) and all-wheel drive (AWD), and three different engines in the under-$20,000 price range. Edmunds TMV for the 2006 C-Class sport sedan ranges from $16,067 for C230 Sport to $18,147 for C350 Sport and $16,672 for the C280 sedan to $19,773 for the C350 4MATIC Luxury. Edmunds comments: “…savvy shoppers should know that other automakers, particularly those from Japan, offered roomier, less costly alternatives that equal or better this C-Class in performance and features, although certainly not status.”
- 2005 Acura TL – Consumer Guide named the 2005 a Best Buy, commenting: “This Acura is an impressive blend of sport and luxury, but an annoying torque steer with manual transmission compromises dynamic ability and driving ease. Still, it’s a solid Best Buy, offering high refinement, solid workmanship, and lots of features at hard-to-beat prices.” Powered by a single 3.2-liter V6 engine and available in front-wheel drive only, the third-generation Acura TL for 2005-2006 meets the price bogey. Edmunds TMV for 2005 ranges from $15,735-$16,551, while 2006 models range from $18,176-$20,181.
- 2006 Infiniti G35 – The last year of the first generation, the 2006 coupe and sedan may offer savvy shoppers a real deal. Edmunds observes: “In our reviews, we were quite fond of the original Infiniti G35. The sedan was a bargain-priced alternative to the , while being a little less frantic and more comfortable than the second-generation G35 and current G37. The coupe was the more practical, livable alternative to Nissan’s 350Z – it was a sports car in luxury clothing.” Edmunds TMV for the 2006 Infiniti G35 sport sedan ranges from $16,817-$18,189 and $18,214-$18,538 for sport coupe.
- 2007 Volvo S60 – The entry-level luxury midsize sedan from Volvo, the S60, got a front-end facelift for 2007. With turbocharged 5-cylinder engines and available AWD, S60 features standard traction and anti-skid control. Edmunds TMV for the 2007 Volvo S60 ranges from $17,007 for 2.5T sport sedan to $20,336 for the AWD R sedan. Consumer Guide remarks: “These Volvos are stylish and solid, but lag most other premium midsize sedans in ride quality and powertrain finesse. The all-season traction of available AWD is an asset, but doesn’t help S60 match the Acura TL or for overall value, or the or for driving satisfaction.”