According to Jonathan Banks, executive analyst at NADA Used Car Guide, "We found used retail prices to be at least $6,000 to $25,000 below the new price for 2012 or newer vehicles. That's a lot of savings for consumers who happen to be on non-luxury car budgets."
Among the different types of customers shopping luxury vehicles on modest budgets, the monthly Perspective report notes that Baby Boomers and Millennials seek the best bang for the buck. Smaller or fixed incomes are the biggest defining factor in vehicle affordability for these two groups, yet forgoing luxury features and status don't seem to be options for some when considering a new model year purchase.
Top Used Luxury Vehicles Less Than $20,000 (Approximate Used Retail Price)*
- 2012 Infiniti G25 Sedan Used Price: $20,500 (MSRP $32,400)
- 2012 MINI Cooper S Convertible Used Price: $19,600 (MSRP $27,950)
- 2012 Lincoln MKZ AWD 3.5L V6 Used Price: $19,575 (MSRP $36,535)
- 2012 Volvo C30 2.5L I5 Turbo Used Price: $19,500 (MSRP $24,700)
- 2012 Acura TSX 2.4L I4 Automatic Used Price: $19,450 (MSRP $29,810)
- 2012 Volvo S60 2.5L I5 Turbo Used Price: $19,250 (MSRP $31,450)
- 2012 Audi A3 2.0T Premium Auto Used Price: $18,825 (MSRP $27,270)
- 2012 MINI Cooper Clubman S Used Price: $18,425 (MSRP $24,900)
*Mileage of all used models contained in this listing is between 45,001 – 50,000 miles.
Top Used Luxury Vehicles Less Than $25,000 (Approximate Used Retail Price)**
- 2012 Lexus IS 250 AWD Used Price: $25,450 (MSRP $37,225)
- 2012 Lexus ES350 Used Price: $25,225 (MSRP $36,725)
- 2012 Mercedes-Benz C250 Used Price: $24,350 (MSRP $35,220)
- 2012 Acura TL Tech Pkg. 3.5L V6 Used Price: $24,225 (MSRP $39,335)
- 2012 Hyundai Genesis Sedan 4.6L V8 Used Price: $23,825 (MSRP $44,500)
- 2012 Infiniti G37x Used Price: $23,700 (MSRP $37,800)
- 2012 Lincoln MKS AWD Used Price: $23,450 (MSRP $43,390)
- 2014 Acura ILX Premium Used Price: $23,300 (MSRP $29,200)
- 2012 Audi A4 2.0T Premium AWD Used Price: $23,175 (MSRP $33,300)
- 2013 Cadillac ATS 2.5L I4 Used Price: $23,125 (MSRP $33,095)
- 2012 Cadillac CTS AWD 3.0L V6 Used Price: $23,050 (MSRP $42,250)
- 2013 Volvo S60 T5 I5 Turbo Used Price: $22,075 (MSRP $31,750)
**Mileage of all used models contained in this listing is between 45,001 – 50,000 miles, with exception to the 2014 Acura ILX (20,001 – 25,000 miles), 2013 Cadillac ATS (35,001 – 40,000 miles) and 2013 Volvo S60 (35,001 – 40,000 miles).
Top Used Luxury Vehicles Less Than $30,000 (Approximate Used Retail Price)***
- 2012 Acura RL AWD Advance Pkg. Used Price: $30,450 (MSRP $55,650)
- 2012 Audi A6 2.0T Premium Plus Used Price: $30,325 (MSRP $45,920)
- 2012 Audi A4 2.0T Prestige AWD Used Price: $30,000 (MSRP $42,800)
- 2012 Infiniti M35h Used Price: $29,800 (MSRP $53,700)
- 2014 Infiniti Q50 3.7L V6 Used Price: $29,450 (MSRP $36,700)
- 2013 BMW 328i Used Price: $28,775 (MSRP $36,500)
- Mercedes-Benz C350 Sport Used Price: $28,575 (MSRP $40,575)
- Cadillac XTS 3.6L V6 Used Price: $28,550 (MSRP $44,075)
- Acura TL AWD Advance Pkg. 3.7L V6 Used Price: $28,500 (MSRP $45,085)
***Mileage of all used models contained in this listing is between 45,001 – 50,000 miles, with exception to the 2012 Infiniti Q50 3.7L V6 (20,001 – 25,000 miles), 2013 BMW 328i (35,001 – 40,000 miles) and 2013 Cadillac XTS 3.6L V6 (35,001 – 40,000 miles).
Download the Free Report
The full NADA Used Car Guide Perspective report titled, Moving Upscale: Used Luxury Car Options for the Non-Luxury Car Budget can be downloaded for free on the NADA Used Car Guide website at www.nada.com/b2b.
About the NADA Used Car Guide
Since 1933, NADA Used Car Guide has earned its reputation as the leading provider of vehicle valuation products, services and information to businesses throughout the United States and worldwide. NADA's editorial team collects and analyzes over 1 million combined automotive and truck wholesale and retail transactions per month. Its guidebooks, auction data, analysis and data solutions offer automotive/truck, finance, insurance and government professionals the timely information and reliable solutions they need to make better business decisions.
Visit nada.com/b2b to learn more, and follow our Facebook, Twitter and YouTube pages to stay up-to-date on the latest automotive industry information.
About NADA
NADA represents nearly 17,000 new car and truck dealerships with more than 32,000 domestic and international franchises. For more information, visit www.nada.org.
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SOURCE NADA Used Car Guide
Related Links
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