Despite several years of prevalent inflation, there’s a misconception that affordable cars have become obsolete, and luxury vehicles are now out of reach for the average person.
However, this is not accurate. If you appreciate stylish cars with luxurious features, you can still discover new higher-end models priced under $40,000. While a brand-new Rolls Royce may be out of reach at this price point, there are numerous options from major luxury manufacturers that remain accessible to you.
If you’re in search of affordable luxury, the used car market is a promising avenue to explore. Luxury cars often undergo significant depreciation after a few years, making them more accessible. Alternatively, opting for a new car is also a viable option. However, there are some considerations to bear in mind.
Inexpensive new luxury cars may be smaller compared to their pricier counterparts or may lack certain features found in higher-cost models. Nevertheless, you can still enjoy a taste of the luxury car experience within a more budget-friendly range, including features like leather interiors, quality suspension, and advanced driver’s aids. Here are four of the most budget-friendly new luxury cars available in 2024.
1. 2024 Acura Integra
In the realm of budget-friendly luxury, Honda’s performance and luxury division stands out. The Acura Integra reclaims its position as arguably the most economical luxury sedan available, boasting an MSRP just shy of $33,000. Not only does it exude a luxurious aesthetic, but it also delivers reasonable fuel economy and is equipped with enough features to enhance the driving experience for even the least experienced drivers. Additionally, it stands as one of the top contenders in the sedan category when considering ample legroom and storage space.
So, what’s the catch? The Acura Integra shares a significant overlap with the notably more affordable Honda Civic, which begins at around $9,000 less than the most basic Acura luxury option. Consider also that the Acura badge doesn’t command the same level of prestige as Mercedes, Audi, or even Lexus. In light of this, opting for one of the Civic’s higher-end trims may start to seem like a practical and sensible alternative.
2. 2024 Audi A3
With Mercedes discontinuing the A-Class, the selection of small, affordable German luxury vehicles has become more limited. One of the few remaining options is the Audi A3, available at just under $36,000. Although you might not experience the same power as the A4 or A6 would offer, the Audi A3’s 2-liter engine still provides a satisfying level of performance.
What sets the Audi A3 apart is its inclusion of many premium features typical of a German luxury vehicle manufacturer. This encompasses standard leather upholstery, a robust infotainment system, and an array of driver’s aids included even in the most basic trim.
However, where the A3, along with other cars in its class, falls short is in interior room. When it comes to legroom, the A3 aligns closely with other vehicles in its category, such as the BMW 2 series, although it offers a smaller trunk compared to its rivals. If you’re comfortable with a more compact vehicle, the trade-off in space may be well worth the indulgence in the Audi A3’s upscale luxury features.
3. 2024 BMW 2 Series
BMW stands as one of the most well-established luxury car brands globally, offering a blend of prestige, rich history, and cutting-edge automotive technology. The company’s 2024 models feature a proprietary infotainment system, potentially leading driving aids, and distinctive types of leather.
While a budget may not stretch to accommodate the lavish i7, the 2 series effortlessly delivers refined aesthetics and a comfortable interior synonymous with the German brand. Notably, like its larger counterparts, the three and five series, it also presents a sporty option. Therefore, if the driving experience holds as much significance as comfort in your ideal vehicle, the 2 series emerges as a top budget-friendly choice.
Despite its esteemed status, you can acquire a BMW for less than $40,000. With a starting price just below $39,400, the 2 series fits within budget, although it is positioned as one of the pricier vehicles on our list. On the downside, the compact size may make the vehicle feel a bit cramped compared to some other options in this price range.
4. 2024 Cadillac CT4
When it comes to American luxury, Cadillac has long held a prominent position. Despite its esteemed status, a Cadillac doesn’t necessarily come with a hefty price tag. The base model of the 2024 Cadillac CT4 is priced around $36,000. What distinguishes the CT4, in line with Cadillac’s overall reputation, is its exceptional ride quality. There’s a certain luxury in smoothly navigating a street laden with potholes.
While the iconic badge and superb ride quality are noteworthy, there are some unexpected elements when stepping into a Cadillac. The interior, somewhat surprisingly, feels a bit cramped, which is peculiar considering older Cadillacs were renowned for offering a spacious and opulent driving experience.
Similarly, the interior might be perceived as a tad dull, but this observation might be more indicative of American luxury cars in general than a specific flaw in this entry-level Cadillac. Nevertheless, priced just under $36,000, the CT4 stands out as one of the top choices for a luxury ride on a constrained budget. If you desire more room, the larger CT5 is also available, coming in just under $40,000.