The Best Used Luxury Cars Under $10,000

August 19, 2015

Value and luxury is a catchphrase you often hear in commercials, but do they exist together in real life? More importantly, can you find them both on a used car lot? Is there such as thing as a cheap used luxury car?

You may find this a bit surprising, but it’s entirely possible to find a reliable used luxury car for under $10,000, which is well below the sticker price of a new subcompact car. We’ve done some homework for you, and gone ahead and researched the three best options for finding a luxury car you’ll be able to call yours for less than $10,000.

View Our Top 3 Cheap Used Luxury Cars

2004 Lexus IS 300 (Sedan)


  • Recent makeover included 11-spoke wheel design and fog lights
  • Model known for reliability
  • 4WD and added storage make it a luxury car fit for tough commutes and road trips

First off, imagine this description read with a British accent and some Brahms playing lightly in the background. The Lexus IS 300 is classic luxury redefined. While the model was designed as an entry-level luxury car in 1998, the 2004 model was deployed to car lots one year after a significant makeover, which included a sporty 11-spoke wheel design, fog lights and added storage. The rear-wheel 4WD IS 300 is acclaimed for its reliability, a hallmark of the early Lexus line. It seemingly adds up to a whole lot more than $10,000. But fear not, because according to Kelly Blue Book valuations at, a 2004 model with a predicted 125K miles, a condition of good or better, and no added options has a fair market valuation of $9,056 when purchased through a dealer. So yes, you can impress for less!

How will driving a Lexus IS 300 affect your auto insurance rates? Get a free quote now.

2010 Lincoln MKZ


  • Substantially lower maintenance and repair costs than foreign luxury cars
  • Packs 3.5-liter, V6 power in a refreshed design
  • No. 1 selling all-time Lincoln model

A luxury sled built on the body of a souped-up Ford Fusion, the MKZ is Lincoln’s best-selling model for good reason. With size to spare, the 2010 version hit lots fresh from a fancy makeover. New touches included improved materials (think buttons, switches, i.e., the details), more standard features, and a sweet waterfall grille coupled with bolder headlights that were representative of the more contemporary design. A mid-size sedan powered by a 3.5-liter V6, the MKZ has something going for it that many foreign cars don’t: reasonable maintenance and repair costs. That’ the upside of being born and bred from the Ford brand. Now, while states that going to the dealer for a 2010 model with typical mileage – about 76K – would draw a fair market price of $13,334, you can still make this happen for under $10,000. By finding a higher mileage model, opting for a fair condition model that will still pass inspection, and seeking a private (but reputable) seller, the deal is yours for the taking.

How will driving a Lincoln MKZ affect your auto insurance rates? Get a free quote now.

2004 Audi A6 Avant Quattro (Wagon)audi_wagon

  • Spacious interior with seating for seven
  • V6 engine and AWD can help the family get out of any jam
  • Tremendous value at under $5,000

We can’t forget about the family, of course. Built for summer road trips and travel soccer carpools, the Audi A6 Avant Quattro is a solidly constructed sportster with room to boot. This luxury wagon combines V6 power, seating for seven, and a surprisingly affordable price tag. And with AWD, you can even bring the brood off the beaten path. According to, a 2004 model with 95K miles purchased from a dealer in good or better condition with no options has a fair purchase price of just over $4,000. Heck, you can buy two for under $10,000!

How will driving a Audi A6 Avant Quattro affect your auto insurance rates? Get a free quote now.

Used luxury car insurance

Auto insurance on these used luxury cars typically isn’t cheap. Neither are repairs, especially for foreign models. Parts for these cars, specifically body parts, headlights, and other external parts that are likely to be damaged in any sort of collision are also expensive to replace, which is why insurance claims will be more expensive. Factor this into your overall budget. Before you buy, be sure to get a car insurance quote with to ensure that you’re not paying too much for car insurance.

Car Comparison Guide

Buying a new car isn’t easy. Make sure to get all the facts before you make a decision. Our Car Comparison Guide will lay it all out for you – best trucks, best cars, best SUVs, all at a price you can afford.

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