Best Used Luxury Cars Under $20,000

2012 Buick Verano
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Snag One of These Used Luxury Cars for Under $20,000

One option for car shoppers on a tight budget is to look around at inexpensive new cars, like the Nissan Versa or the Chevy Cruze. Such vehicles tend to prioritize practicality and efficiency, and as a result are quite popular.

But what about the budget shopper who wants a little extra? Maybe you want rear-wheel drive, or a lot of horsepower. Maybe you appreciate the craftsmanship of an Audi interior, you love the dramatic styling of a Cadillac, or you trust the build quality of an Acura.

If that sounds like you, we have good news. For a number of reasons, luxury vehicles depreciate in value rapidly, meaning you can find plenty of well regarded, well preserved, used luxury cars for about what you’d pay for a new Toyota Corolla

If you venture into this territory, be aware that maintenance costs on luxury cars can be quite high, so before buying any used luxury car it’s a good idea to research common problems and the repair costs.