When you buy a luxury car or SUV, you get a long list of benefits. These models often offer you the broadest choice of safety and technology amenities. Luxury vehicles are made with an eye for quality and design, so their cabins are typically stylish havens crafted from the finest materials. Finally, many premium cars come with brand cachet that makes a favorable statement regarding your prosperity and good taste.
7 Certified Pre-Owned Luxury Vehicles With Surprisingly Low Prices
The drawback to purchasing in the luxury car segment is, of course, cost. One way to get your luxury fix without paying through the nose is to buy a used car. Depreciation makes used cars more affordable than new ones. However, you run the risk of purchasing a used vehicle with damage and wear that could result in expensive repairs.
The solution is a certified pre-owned (CPO) luxury car. CPO cars undergo the manufacturer's multiple-point inspection to ensure they meet the brand's standards for quality. To qualify for the CPO program, these vehicles have to fall within certain parameters when it comes to age and mileage. CPO cars aren't flawless, but they come with a lot less risk than the average used car.
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If you've been weighing a CPO luxury car purchase, you'll find the following list useful. It spotlights seven luxury models that offer tremendous value as CPO purchases. These models are all top picks in the luxury car segment, providing impressive performance and outstanding overall quality. They may be out of your price range if you were to purchase them new, but they're much more accessible as CPO cars.
Edmunds.com uses sales data to give you a sense of the average price that shoppers are paying for various models. To help you see how much you can save, the list includes each pick's average price paid for both CPO and new models. Each CPO model on the list has an average price paid of less than $35,000.
Certain options aren't included in the average price paid listings. Also, regional variances aren't accounted for, so prices in your neck of the woods may be slightly different from the ones shown.
The models are presented in alphabetical order by make and model, and trims are included with each listing.
With its exquisite cabin and responsive handling, the Audi A6 offers most of the things shoppers look for in a midsize luxury sedan, and both front-wheel drive (FWD) and all-wheel drive (AWD) are available. The 2013 A6 2.0T Premium Plus delivers amenities such as xenon headlights, front and rear parking sensors, a sunroof and a voice-activated navigation system. CPO versions of the 2013 A6 2.0T Premium Plus with FWD have an average price paid of $30,175, according to Edmunds data. By comparison, a comparable 2017 A6 goes for $49,323.
The BMW X3 distinguishes itself by offering the kind of sharp and responsive handling you might not expect from an SUV. Current models come with either rear-wheel drive (RWD) or AWD, and this compact premium crossover provides good fuel economy, a plush cabin and lots of rear legroom. BMW X3 xDrive 35i crossovers for the 2014 model year provide AWD for safer travels in rain and snow, and standard features include eight-way power-adjustable front seats, adaptive bi-xenon headlights and a panoramic sunroof. On average, shoppers are paying $33,503 for a certified pre-owned 2014 X3 xDrive 35i. New X3 models in the same trim have an average price paid of $47,290.
The Cadillac CTS was redesigned for the 2014 model year, and the changes made the sedan a contender in the luxury car segment. The CTS boasts sheet metal that is sculpted and assertive, and its cabin is home to high-grade materials and memorable design. This Cadillac is offered with a choice of RWD or AWD. The 2014 CTS provides standard features such as heated mirrors, Brembo-branded brakes and Bluetooth connectivity. The Luxury trim we're spotlighting here adds amenities such as adaptive xenon headlights, lane departure warning, forward collision alert, blind-spot monitoring, a rearview camera and rear cross-traffic alert. The average price paid for a 2014 CPO Cadillac CTS Luxury model with RWD and a 3.6-liter V6 comes in at $34,082, according to Edmunds data. A 2017 CTS V6-equipped CTS Luxury sedan with RWD has an average price paid of $52,198.
If you're shopping for a premium midsize sedan, the Jaguar XF makes a strong case for looking beyond the usual German candidates. Its cabin is an exquisite blend of modern and old-world influences, and its handling is sporty and refined. Both RWD and AWD are available. The 2012 Jaguar XF Supercharged comes, of course, with a supercharged 470-horsepower V8 that's built to thrill and includes amenities such as a heated steering wheel and leather upholstery. CPO Jaguar XF Supercharged RWD sedans for the 2012 model year have an average price paid of $34,721. The Supercharged trim is no longer in existence, but the comparable 2017 S trim with its supercharged 3.0-liter 380-horsepower V6 has an average price paid of $62,245 for RWD models.
Compact crossovers are currently having their moment in the sun, and the Land Rover Range Rover Evoque livens up the formula with ample amounts of luxury and style. The SUV handles itself with refinement on the road, and its modern cabin is a treat for the eyes. All Range Rover Evoque models come standard with snow-friendly AWD, and the four-door 2013 Pure Plus trim adds a panoramic sunroof and leather upholstery. CPO versions of the 2013 Land Rover Range Rover Evoque Pure Plus have an average price paid of $31,051. The Pure Plus trim is no longer offered, but the similar 2017 Range Rover Evoque SE has an average price paid of $41,278.
The Lexus GS 350 was redesigned for the 2013 model year, and the overhaul brought changes that made this sedan a compelling pick in the luxury car segment. This midsize premium sport sedan provides poised handling, a comfortable ride and a superbly crafted cabin. The 2013 GS 350 offers a choice of RWD and AWD, and standard features include xenon headlights, a sunroof and leather upholstery. The average price paid for CPO base-model GS 350 AWD sedans for the 2013 model year stands at $29,304. For 2017 base models with AWD, the average price paid is $49,782.
The Mercedes-Benz E-Class is a leader among midsize luxury sedans, offering performance that is the hallmark of German refinement. Its cabin is meticulously crafted, and buyers have a choice of RWD and AWD. The 2014 E-Class is equipped with standard features such as automatic LED headlights, dual-zone climate control, 14-way power-adjustable front seats and a sunroof. E350 Sport 4Matic models come with AWD, and this can be tremendously useful if you regularly travel in rain or snow. CPO E350 Sport 4Matic sedans for the 2014 model year have an average price paid of $34,292. The most current version of this trim is the 2017 E300 Sport 4Matic, and it has an average price paid of $51,830.