Best Used Luxury Cars Under $20,000

Milad Hassibi June 13, 2018

If you are in the market for an upscale car but don’t want to spend a fortune, you might be considering purchasing a used luxury car.

Luxury cars tend to depreciate more rapidly than other types of cars, and you can easily snag a great deal on one. Here are some of the best used luxury cars under $20,000.

Best Used Luxury Cars Under $20,000

2013 Lexus ESA gray 2013 lexus ES

With a fresh design, the 2013 Lexus ES is a luxury midsize sedan that comes with an elegant interior and exterior design.

The Lexus brand carries Toyota reliability and durability, making it one of the best luxury cars under $20k.

The V6 engine is rated at 268 horsepower and provides enough power without sacrificing fuel economy, which is at 21/31 MPG.

The soft suspension smooths out rough roads and speed bumps. The interior features a crisp design with an easy to use interface.

The Lexus ES also offers generous head and leg room for both the driver and all passengers.

Standard features on all ES include a moonroof, alloy wheels, and satellite radio. Users can also opt-in for an infotainment system on some models.

If you are looking for a handsome car with a near timeless design, the 2013 Lexus ES is the right choice for you.

A grey 2015 Q402015 Infiniti Q40

The 2015 Infiniti Q40 is designed to be the replacement of the famous G-Series cars.

The 3.7L V6 engine is durable and produces 328 horsepower. The Q40 shares the same power plant as the infamous 370Z from Nissan.

The high power output is counterbalanced by an MPG of just 19/27 in the city and highway respectively. The Q40 flaunts a near perfect weight distribution which allows for nimble handling and steering.

Every Q40 comes with standard features including heated seats and leather upholstery. While the car does provide ample head room, leg room for the rear passengers is tight.

Critics claim that the Infiniti Q40 is not as refined as its competitors, but the car does come with some standard technology like Bluetooth and satellite radio.

Although some owners feel that the interior does not compete with BMW and Mercedes, the car is loaded with technology features including an infotainment system and a backup camera. If you are looking for one of the best luxury cars under $20,000, the 2015 Q40 is a great choice.

2013 Audi A4A dark Audi A4 from 2013

The powerful and torque-rich turbocharged engine in the 2013 Audi A4 makes this car a performer.

Although the car is only rated at 211 horsepower, the 2.0L engine produces nearly 258 pounds-feet of torque at just 1,500 RPMs.

Handling scores remarkably high thanks to its smooth ride and balanced design.

The interior is classy and upscale, with comfortable seats that support the driver and passengers.

Critics were impressed with the quality and refinement of the interior trim pieces and the cars nimble handling.

However, many felt that the infotainment system was difficult to use and that the rear seats were cramped. The buttons inside of Audi’s cars have also been known to show signs of wear rapidly, with many chipping and losing paint color over time.

A sunroof, Audi’s MMI Infotainment system, and backup camera all come standard on all A4 models. The car nets 24/31 MPG on the city and highway respectively. If you are looking for the best luxury car under $20,000 that offers both performance, fuel economy, and beauty, the 2013 Audi A4 is a solid choice.

A black 2013 BMW X3

2013 BMW X3

BMW is world renowned for its luxury cars, including the 2013 BMW X3. The X3 is a perfect compact SUV that offers economical gas mileage and nimble handling.

The X3 ranks near the top of its class due to its pleasant ride, brisk performance, and great safety ratings.

The former turbocharged V6 motor is gone for the 2013 model year, with the replacement being a turbocharged 4 cylinder motor rated at 240 horsepower.

Extra space is ample in this car, making it comfortable for long family road trips. The interior materials are high quality and durable. Fuel economy is respectable for its class, coming in at 21/28 MPG in the city and on the highway respectively

Although the X3 brings European styling and class with it, it can also bring European car problems as well. As you might expect, replacement parts are expensive and so is the labor.

Many owners report sensors failing consistently, which can be expensive to repair if the car is out of the warranty period.

Overall, the BMW X3 is a perfect used luxury car for a small family.

2012 Mercedes Benz E-ClassA Mercedes Benz E Class

The 2012 Mercedes E-Class steals the top spot due to its high safety rankings and upscale interior.

The seats are roomy and offer complete comfort for both the driver and passengers.

The midsize luxury car is nimble and easy to drive thanks to its humble yet powerful V6 engine. You can also find twin turbo V8 versions for a slightly higher price.

The base motor in the E-Class for 2012 is a 3.5L  V6 engine, producing 210 horsepower with an MPG of 20/30 on the city and highway respectively. The 2012 E -class can be found in a coupe, sedan, or convertible form.

If rear spacing is an important factor in choosing a luxury car under $20,000 the 2012 E-Class is a great choice. Both the rear seats and trunk measure larger than other similar cars.

Standard features for 2012 include a sunroof, power seats, and Mercedes’ COMAND infotainment system. Critics have stated that the 2012 Mercedes E-Class does not offer the same sportiness of some rivals.

However, if you are looking for a luxury car that excels in almost all other aspects, the 2012 E-Class is for you,

Final Note

Shopping for the best used luxury car under $20,000 can be a fun and exciting time. If you are looking for money to finance your purchase, CrediReady can help. Our nationwide network of trusted dealers and verified lenders work with buyers in all credit situations.

Take a moment to fill out our free no obligation loan inquiry form today to start searching for your next car!

Free Credit Score

Get your free credit score now! Get a copy of your most recent credit score.
get your free score

Auto Insurance

Get your free insurance quote now! Save big on auto insurance today!
get your free quote

Vehicle Warranty

Protect your vehicle and you could save thousands on auto repairs.
get your free quote