5 Luxury Cars To Consider Buying Before the Year Ends
Written by
Crystal Mayer
Edited by
Levi Leidy
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Have you ever dreamed of owning a luxury car but weren’t sure whether it was worth the price? Well, now may be the time to invest in the vehicle that you have always wanted.
GOBankingRates asked luxury car experts from around the country to weigh in on which cars people should consider buying before the end of the year.
While pricey, many of these cars hold their resale value and live up to their jaw-dropping price tag. If you have an extra six figures lying around, now might be the time to buy these five luxury cars.
BMW 7 Series
- Price: approximately $88,000
According to Peter Jones, founder of Motor & Wheels, the “BMW 7 Series is one of the top luxury sedans out there. The 2023 models start at around $88,000 but have incredible performance and handling. Their resale value holds strong, so it could pay off as a long-term investment.”
He explained, “The benefits of buying a luxury vehicle now are potential tax credits expiring and avoiding higher interest rates [in 2024]. But be sure to get pricing agreements in writing before year’s end to lock in today’s deals. Going this route can mean bigger savings on an already expensive purchase.”
“It’s no secret that luxury cars offer a superior driving experience,” he added. “They feature powerful engines, refined handling and luxurious interiors.”
Tesla Model S
- Price: approximately $130,000 to $150,000 fully loaded
Jones also recommended the Tesla Model S. He noted that the “Tesla Model S is a high-tech choice that’s great for tech-lovers. Fully loaded S Plaid+ versions push $150,000, but you get a jaw-dropping acceleration of 0-60 in under 2 seconds! Teslas also tend to have strong resale values down the road.”
Mercedes S-Class
- Price: approximately $110,000 and up
Jones believes that the Mercedes S-Class may also be worth the investment. He explained that the “Mercedes S-Class is the iconic luxury sedan. Pricing starts at $110,000, but quality, comfort and tech put it top of the line. [It’s] known for high resale prices, too. Its reliability and timeless design make it a safer bet to retain value.”
Patryk Doornebos, owner of Car Triple, also recommended the Mercedes S-Class: “Starting at approximately $110,000, this iconic sedan is the epitome of luxury, blending opulent design with state-of-the-art technology. Historically, the S-Class has been a trendsetter in automotive luxury and technology, making it not only a status symbol but also a wise choice for those looking to stay ahead of the curve.”
2023 Aston Martin Vantage
- Price: approximately $140,000 and up
Doornebos said, “With a starting price of around $140,000, it may seem like a hefty investment. However, delve into its craftsmanship, and you’ll understand its value. It’s aerodynamic design and cutting-edge tech features look like a car from the future. What’s more, Aston Martins historically retain their value well, making them a solid choice for enthusiasts seeking both performance and future resale value.”
2023 Lexus LC 500
- Price: approximately $140,000 and up
“Priced at around $93,000, [the 2023 Lexus LC 500] offers a more affordable entry into the luxury sports coupe segment,” said Doornebos. “Lexus has always been synonymous with reliability and customer satisfaction, ensuring that the LC 500 will not just be a pleasure to drive but also an investment with peace of mind.”
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