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Top 5 Used Luxury Cars Under $40,000

12/24/2025

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Summary

Story summary

The average new car costs around $50,000, leading buyers to consider used luxury options to save money.
Edmunds recommends several used luxury models under $40,000, including the BMW 3 Series, Mercedes-Benz GLB, Genesis GV70, Acura MDX, and Buick Enclave.
Each model offers a blend of comfort, technology, and performance.
The Acura MDX features three rows of seating and a powerful V6 engine.
The Buick Enclave provides spaciousness and style.

History

Historical Context

The Great Recession, officially lasting from December 2007 to June 2009, was triggered by the collapse of the U.S. housing bubble and widespread defaults on subprime mortgages. This financial crisis led to a significant rise in unemployment, peaking at 10% in October 2009, and caused average new car prices to soar from around $29,000 in 2009 to approximately $50,000 today, shifting consumer preferences toward used luxury vehicles.

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Story summary

The average new car costs around $50,000, leading buyers to consider used luxury options to save money.
Edmunds recommends several used luxury models under $40,000, including the BMW 3 Series, Mercedes-Benz GLB, Genesis GV70, Acura MDX, and Buick Enclave.
Each model offers a blend of comfort, technology, and performance.
The Acura MDX features three rows of seating and a powerful V6 engine.
The Buick Enclave provides spaciousness and style.

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