These days, you can buy a lot of late-model luxury car for under $30,000, according to car valuation firm Kelley Blue Book.
KBB has put together its list of the 10 Best Certified Pre-Owned Luxury Cars Under $30,000, showing that consumers can often “step up” in vehicle luxury for the cost of an run-of-the-mill new car.
While many of these cars on the list can be had for less money, the valuations quoted here are for “certified” used cars. These are cars that have been put through a lengthy inspection, and have been determined to be in tip-top shape.
Certified used cars are often backed by good warranties, and for many consumers represent the “safest” way to buy a used vehicle. Particularly a used luxury model.
Here, then, are KBBs top 10 picks:
The #1 pick is the 2011 BMW 3 Series, which carries a Kelley Blue Book CPO Price of $25,464. Next is the 2011 Lexus ES ($27,751), followed by the 2011 Acura TL ($23,943), the 2011 Audi A6 ($29,525) and the 2011 Cadillac CTS ($23,208).
Picks 5-10 are the 2011 Infiniti G ($20,717), the 2011Mercedes-Benz GLK-Class ($28,383), the 2011 Cadillac DTS, ($28,227), the 2011 Volvo XC60 ($24,297) and the 2011 Audi A4 ($22,627).
Keep in mind that new cars lose 35% to 40% of their original value due to depreciation in just the first three years. With a certified 2011 model, you get a depreciated vehicle that has been fully inspected for safety — backed by a guarantee from the auto maker.
Before you pull the trigger on a new vehicle purchase, take a look at how much luxury you can get for your money.
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