Home / The Best Cars for Every Budget / The Best Used Luxury Cars Under $20,000


With the sticker price of a well appointed luxury car skyrocketing, you may think that it is difficult to afford comfortable ride. That is not necessarily true. Many of the top luxury brands tend to depreciate quickly. Try this list of the five best used luxury cars under $20,000.

Audi A8 under $20,000

The Audi A8, or more specifically, the Audi A8 L Quattro is a magnificently appointed luxury sedan that offers great performance and handling. In 2007 the A8 featured a responsive 4.2L V8 that offered acceptable fuel economy for the luxury class. The main issue with an Audi is the high cost of maintenance. While that can be a bit of a turn-off for some potential buyers, you need to keep in mind that the same can be said about all luxury models. The middle trim level in 2007 was the L and you can find a 2007 A8 with the L trim package for around $18,000.

Hyundai Genesis under $20,000

Hyundai is not the first brand that comes to mind when you think of a luxury car to say the least. Inexpensive gas-miser is more apt to fill your thoughts; however, the Genesis will change your mind. The leather wrapped dash and steering wheel combined with genuine wood and tight fitting construction allow the Genesis to compete with the likes of BMW and Mercedes without the price tag. You can find a low mileage 2009 Hyundai Genesis with a 4.6L V8 for just under $19,000. Opt for the smaller 290 hp 3.8L V6 and you can keep the price tag under $16,500.

Cadillac DTS under $20,000

Cadillac has embodied luxury in the North American market since its founding in 1902 by William Murphy, Lemuel Bowen, and Henry Leland. In recent years the DTS has been Cadillac’s full-sized offering. The car is so well appointed that Warren Buffet drives one. You can find a low mileage 2009 DTS for $16,500. If you are interested in a sportier feel, the CTS may be more to your liking. You can find a low mileage 2009 CTS for a similar same price.

BMW 535i under $20,000

BMW offers several great options within the 5-series, but the best may be the 535i. With a well appointed interior and distinctive exterior, the 535i oozes luxury. You can find a low mileage 2008 535i for $18,000. With some careful shopping you should come across a 2008 750i right around $20,000.

Mercedes-Benz E550 under $20,000

Mercedes-Benz and luxury go hand in hand. While the E350 is better known for affordability and fuel economy, the E550 is known for its interior comforts, some may say extravagance. You can find a low mileage 2008 E550 sedan in most areas of North America for around $18,000. Opting for the AMG sport package will push the sticker closer to $20,000, but will add a whole other level of handling and performance.

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