There are no wrong choices here, only subjective preferences

Used luxury sedans with price figures that don’t reach $40,000 provide value for money, at least if you know where to look. Don’t do your homework on the subject and you could wind up spending more than you thought on a clunker. But if you know what you’re getting yourself into, used versions of models like the 2018 Infiniti Q70, 2018 Mercedes E-Class, and 2018 Audi A7 can be yours at prices that suit your budget and financial well-being. There are nine cars on this list, each offering qualities that make them good choices. Some models have posh interiors; some have massive cargo spaces. Then there are those that have power and those that have edge-of-your-seat driving dynamics. All that matters is you know what you want, and you’re prepared to spend on it.

2018 Cadillac XTS

2018 Cadillac XTS Exterior High Resolution
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Make & Model Minimum Price Comb City Hwy
2018 Cadillac XTS $28,000 20 17 26

The 2018 Cadillac XTS is a solid choice for a used luxury sedan under $40,000. It has a spacious interior, large cargo space, and a powerful engine lineup. The sedan has 18 cubic-feet of cargo space, and that space doesn’t shrink just because it’s used. You also won’t be lacking in power with the XTS; it has a V-6 engine that produces 304 horsepower. The XTS has an average fuel economy rating of 19 mpg in the city and 28 mpg on the highway, but it’s also one of the few luxury sedans that don’t require premium gas.

A brand new 2018 XTS already has one of the lowest base prices of any luxury sedan in its segment ($46,395),

and the difference in price between a brand new model and a used model ($28,000) is significant enough that buying the latter is almost a bargain by comparison.

Read our full review on the 2018 Cadillac XTS.

2018 Infiniti Q70

2017 Infiniti Q70 – Driven Exterior High Resolution
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Make & Model Minimum Price Comb City Hwy
2018 Infiniti Q70 $29,000 21 18 25

The 2018 Infiniti Q70 is a fun car to drive. It has a 3.6-liter V-6 engine that produces a punchy 330 horsepower. Handling is smooth provided you know what you’re doing behind the wheel. It also has a spacious interior and 14.9 cubic-feet of cargo space that sits just above segment standards. That’s a good checklist to have for a used car, but the 2018 Q70 also has a few things going against it. Tech features, for instance, are outdated. Fuel economy rating is average at 19 mpg in the city and 25 mpg on the highway, a notch down compared to the Genesis G70 and the Lexus IS.

A used 2018 Q7 is cheaper at just $29,000, but not enough to justify what you can get from other models if you’re willing to loosen those purse strings a bit.

Read our full driven review on the 2018 Infiniti Q70.

2017 Genesis G80

2017 Genesis G80 High Resolution Exterior
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Make & Model Minimum Price Comb City Hwy
2017 Genesis G80 $30,000 22 18 28

The 2018 Genesis G80 is one of the newest models on this list. The luxury sedan debuted in 2016 as a 2017 model so, unlike some of the cars on this list, it still has that new car smell going for it. The G80 isn’t just a new car by stature, though. It also has one of the most luxurious interiors in its segment. Leather upholstery and heated front seats, for example, come standard on the G80. Cargo capacity — 15.3 cubic-feet — is above average for its size, though the rear seats don’t fold, making it more difficult to carry long items. The G80’s power output starts at 311 horsepower, which is down compared to the Infiniti Q70. The Genesis does have a slight advantage in fuel economy — 18 mpg in the city and 28 mpg on the highway — but not by much.

$30,000 can buy you a lot of things.

But if you’re looking for a used, albeit fresh luxury sedan, you can do a lot worse than the Genesis G80.

Read our full review on the 2017 Genesis G80.

2018 Lexus IS

2017 Lexus IS High Resolution Exterior
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Make & Model Minimum Price Comb City Hwy
2018 Lexus IS $33,000 26 22 32

If you’re looking for a used compact luxury sedan with dashing good looks, the 2018 Lexus IS is one of the best ones you’ll find. The sedan’s eye-catching appearance is complemented by its energetic handling. The numbers aren’t going to wow you. The base IS 300 only produces 241 horsepower from a four-cylinder engine. It also has just 10.8 cubic-feet of cargo space, which is one of the lowest in its segment. Fuel ratings are above average at 22 mpg in the city and 32 mpg on the highway, but more luxury sedans offer higher returns.

The IS also suffers from a higher-than-expected used car price at $33,000.

Numbers paint a good picture of a car’s capabilities, but they don’t make up the whole puzzle. For all of the shortcomings of the Lexus IS, it’s still one of the most engaging cars to drive, and its ride quality is up there with the best sedans in its segment.

Read our full review on the 2018 Lexus IS.

2016 Maserati Ghibli

2014 - 2015 Maserati Ghibli High Resolution Exterior
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Make & Model Minimum Price Comb City Hwy
2016 Maserati Ghibli $35,000 19 17 24

In a segment dominated by Japanese and German automakers, the Maserati Ghibli is one of the few Italian stalwarts in its class. As expected with all things that come from Italy, the Ghibli’s style and flair are two of its most prominent features. Outside of the Lexus IS, the Ghibli has one of the most striking designs among luxury sedans in its class. It also has a potent 3.0-liter V-6 base engine that produces 345 horsepower. The Ghibli also provides a composed ride. You’ll find the S and S Q4 versions to be more dynamic, but you’ll have to pay more for them, too. As intriguing as the Ghibli is, it also has a few shortcomings. The interior, for example, doesn’t do justice to its Italian roots. You can opt for exterior packages, but when you’re a buying a used model, you take what you can get.

Its fuel economy rating is mediocre at just 17 mpg in the city and 24 mpg on the highway.

With a used car price amounting to $35,000, you’re going to need to really want the Ghibli to buy it.

Read our full review on the 2016 Maserati Ghibli.

2016 Jaguar XJ

9 Used Luxury Sedans That Cost Less Than $40,000 High Resolution Exterior Wallpaper quality
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Make & Model Minimum Price Comb City Hwy
2016 Jaguar XJ $37,000 21 18 27

Living up to its name, the 2016 Jaguar XJ is a nimble cat. The sedan’s base 340-horsepower, supercharged, V-6 engine and athletic suspension combine to give you one of the best rides you’ll find in its segment. The XJ’s interior is also top-shelf, a byproduct of Jag’s improving ability to come up with luxurious cabins. Interior space is a different story, though. As big as the XJ looks, it doesn’t have as spacious as a cabin as some similarly sized sedans in its class. It also has just 15.2 cubic-feet of cargo space. It’s decent for its size, but you’re going to want to look elsewhere if you’re looking for more. The sedan’s fuel economy rating of 18 mpg in the city and 27 mpg on the highway also falls short compared to other sedans, specifically the German trio we’re about to talk about.

Buying a used 2016 Jaguar XJ means that you’re buying it for what it has to offer, both good and bad.

At an average price of $37,000, it’s may be too steep for some, especially when you consider that it’s a two-year-old model.

Read our full review on the 2016 Jaguar XJ.

2018 Mercedes E-Class

2017 Mercedes-Benz E-Class High Resolution Exterior Wallpaper quality
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Make & Model Minimum Price Comb City Hwy
2018 Mercedes E-Class $39,000 25 22 30

The 2018 Mercedes E-Class is one of the highest-rated luxury sedans in the business. Its combination of defined looks, refined interior, and impressive power and performance capabilities makes it an easy choice if you’re in the market for a used luxury sedan. Cabin space isn’t an issue for the E-Class. The front seats are spectacular as far as comfort goes, and the rear seats have enough room for most adult passengers. The base E-Class only returns 241 horsepower from a four-cylinder, but the variety of engine options available to the Mercedes means that you have more options to choose from. With all of the things it has to offer, arguably the most important element of the 2018 E-Class is the number of features and technologies it comes with.

About the only drawback the sedan has, and this might be nitpicking it a little, is its fuel economy rating.

The E-Class returns 22 mpg in the city and 30 mpg on the highway. Those numbers are actually impressive for its segment, but it falls short compared to the two rivals that really matter: the BMW 5 Series and the Audi S7.

Read our full review on the 2018 Mercedes E-Class.

2017 BMW 5 Series

2017 BMW 5 Series
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Make & Model Minimum Price Comb City Hwy
2017 BMW 5 Series $39,500 27 24 34

Run down a list of the things you want from a luxury sedan, and there’s a good chance that the BMW 5 Series checks them all off. The 5 Series has been in our lives since 1972, and it continues to remain one of BMW’s most popular models. That’s not an accident. The 5 Series is one of the most rounded models in the business, regardless of class or segment. The 2017 model is a good example of that. It has a diverse engine lineup, versatile and agile handling, a comfortable ride, a large trunk, and lots of available high-tech features. The base 530i comes with a turbocharged four-cylinder engine that produces 248 horsepower. It’s not much compared to other models on this list, but if it’s more power you’re looking for, the 540i has a turbocharged six-cylinder with 335 horsepower on tap. Regardless of the engine size, there’s very little that goes wrong inside the 2017 5 Series. Space isn’t an issue as the 5er has enough room to fit five adult people. It also has 18.7 cubic-feet of trunk space, which happens to be one of the largest in its class. Fuel economy? Not a problem. The 5 Series returns 24 mpg in the city and 34 mpg on the highway, better than the Mercedes E-Class and right on par with the Audi A6.

If the 5 Series has one problem, it’s the price.

A used 5 Series can set you back close to $40,000, which is right around the price of brand new 2019 models from other automakers.

Read our full review on the 2017 BMW 5 Series

2016 Audi A7

2015 - 2016 Audi A7 High Resolution Exterior
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Make & Model Minimum Price Comb City Hwy
2016 Audi A7 $36,000 30 25 38

The 2016 Audi A7 is a lot like its Mercedes-Benz and BMW counterparts. The sedan’s trademark Audi styling exudes class and confidence. The interior is a cocoon of luxury, and with 24.5 cubic-feet of cargo space, the A7 has one of the largest cargo areas in its segment. It even beats the E-Class and 5 Series in the base engine department, thanks in large part to a 3.0-liter, supercharged, V-6 that produces 333 horsepower. The A7 also has one of the best fuel economy ratings in its class, returning 25 mpg in the city and 38 mpg on the highway. But the A7’s best quality is, without question, its ride.

There are few luxury sedans on the market that can balance ride comfort and sporty handling like the A7.

It’s light on the wheel, and it can show off its aggressive side the moment you sink your feet on the pedals. You’re not going to get it wrong if you’re going to pick the Audi A7 as your used car purchase in this segment. Just prepare to spend on it because as tremendous as the A7 is on multiple levels, it also comes with a steep price tag — $36,000 — for a used car.

Read our full review on the 2016 Audi A7.

Which Used Luxury Sedan is Best for You?

9 Used Luxury Sedans That Cost Less Than $40,000
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Make & Model Minimum Price Comb City Hwy
2018 Cadillac XTS $28,000 20 17 26
2018 Infiniti Q70 $29,000 21 18 25
2017 Genesis G80 $30,000 22 18 28
2018 Lexus IS $33,000 26 22 32
2016 Maserati Ghibli $35,000 19 17 24
2016 Jaguar XJ $37,000 21 18 27
2018 Mercedes E-Class $39,000 25 22 30
2017 BMW 5 Series $39,500 27 24 34
2016 Audi A7 $36,000 30 25 38

You can’t go wrong with any of the choices above. Sometimes, it really just boils down to preference. But if you want a used luxury sedan that hits all the right spots and doesn’t cost a fortune to buy, your best bet is the Audi A7. It doesn’t come without its faults, sure, but if you want to maximize your spending money on an attention-grabbing luxury sedan with features galore and performance capabilities that can simultaneously make you relax and jump out of your seats in excitement, there’s no better sedan on this list than the A7.

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