BMW 3 Series parked on sunlit street with silver finish reflecting lamppost light and used luxury car accessories beside it

Five Used Luxury Cars You Can Buy for Under $40,000

The average new car price tops $50,000, but a luxury badge doesn’t have to break the bank. Edmunds experts point out that a selection of high-end vehicles can be found for less than $40,000 on the used market. Below are five favorites that combine premium comfort, advanced technology, and strong performance.

Small Sedan: BMW 3 Series

The seventh-generation 3 Series debuted for the 2019 model year and brought a turbocharged four-cylinder engine, improved handling, and a slightly larger trunk. Rear-wheel drive is standard, with all-wheel drive available as an option for better traction in winter conditions. The lineup includes the sporty M340i, the plug-in hybrid 330e, and a base 330i that, when purchased from 2022 to 2024, typically stays under $40,000. Buyers should seek vehicles equipped with optional advanced driver aids such as adaptive cruise control and lane-keeping assistance.

Look for

  • 2022-2024 base 330i
  • Optional adaptive cruise control
  • Optional lane-keeping assistance
  • M340i or 330e for higher performance

Subcompact SUV: Mercedes-Benz GLB

Introduced in 2020, the GLB began as a compact luxury SUV with a 221-horsepower four-cylinder engine and either front- or all-wheel drive. In 2021 Mercedes added the AMG GLB 35, a sportier 302-horsepower version. The cabin is roomy, visibility is good, and a third row is optional, though it is best suited for small children. 2023 and 2024 models can be found for under $40,000. Like the 3 Series, owners should confirm the presence of optional advanced driver aids.

Look for

  • 2023-2024 GLB 250
  • Optional advanced driver aids
  • AMG GLB 35 for sportier driving
  • Front- or all-wheel drive

Small SUV: Genesis GV70

The first-generation GV70 entered the market in 2022. Its styling is sharp, and it offers a choice between a 300-horsepower four-cylinder engine and a 375-horsepower V6. The V6 delivers strong acceleration for highway merging and passing. All GV70s feature an attractive cabin, many standard features, and a spacious cargo area. 2022 and 2023 models are available for under $40,000. The 2.5T designation indicates the four-cylinder engine, while 3.5T denotes the V6.

Look for

  • 2022-2023 GV70
  • 2.5T (four-cylinder) or 3.5T (V6)
  • Spacious cargo area
  • Attractive interior

Three-Row SUV: Acura MDX

Acura’s MDX offers three rows of seating and a blend of sportiness and comfort. The 2022 redesign introduced a more energetic exterior, increased legroom for all rows, and upgraded technology. The base engine is a 290-horsepower V6, with a 335-horsepower Type S available. Both front- and all-wheel drive options exist. A 2022 MDX can be found for under $40,000, and the A-Spec trim is recommended for its sportier styling and added convenience and technology features.

Look for

  • 2022 MDX under $40,000
  • A-Spec trim
  • 290-horsepower V6 or 335-horsepower Type S
  • Front- or all-wheel drive

Three-Row SUV: Buick Enclave

The Enclave sits between mainstream and luxury brands, offering more space for its price. The 2025 model year introduced a new Enclave, but the previous generation, produced from 2018 to 2024, remains a solid choice. Edmunds found this older version stylish and highly capable of hauling people and cargo. 2023 and 2024 Enclaves are plentiful in the midlevel Premium trim, which includes ventilated front seats and a premium sound system-extras absent from the base Essence trim.

Look for

  • 2023 or 2024 Enclave
  • Premium trim
  • Ventilated front seats
  • Premium sound system

Edmunds Says

Wanting a luxury label on a used vehicle doesn’t have to be a budget-busting proposition. The right pick can bring added pride of ownership and many miles of driving pleasure.

This story was provided to The Associated Press by the automotive website Edmunds. Nick Kurczewski is a contributor at Edmunds.

Key Takeaways

  • Used luxury vehicles under $40,000 are available in several categories: small sedan, subcompact SUV, small SUV, and two three-row SUVs.
  • Each model offers optional advanced driver aids and performance variants, ensuring buyers can tailor the vehicle to their preferences.
  • The Buick Enclave and Acura MDX provide three rows of seating, while the Genesis GV70 and Mercedes-Benz GLB offer strong performance in smaller packages.
BMW 3 Series speeding down a sleek road with adaptive cruise control and lane-keeping icons

Choosing a used luxury car can deliver premium features and a refined driving experience without the steep price tag of a new vehicle. With careful research and a focus on the recommended models, buyers can find a high-quality luxury vehicle that fits their budget.

Author

  • I’m Hannah E. Clearwater, a journalist specializing in Health, Wellness & Medicine at News of Austin. My reporting focuses on medical developments, public health issues, wellness trends, and healthcare policies that affect individuals and families. I aim to present health information that is accurate, understandable, and grounded in credible research.

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