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Money Tips: Luxury Cars for Less

Money Tips: Luxury Cars for Less By Cyndi Cohen
Published July 26, 2012
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Are you a credit union member who has always dreamed of driving a luxury car but thought you couldn’t afford one? Well, you may be closer than you think. There are a handful of high-end vehicles available that are priced reasonably and are relatively affordable to own. Compared to the price of the average SUV, you can own a luxury car instead. You can get into a luxury car for less than $35,000. Depending on your budget, the prices go up from there.

When choosing one of these cars it is important to take into consideration all factors surrounding the cost of buying and owning it. Edmunds.com refers to this overall cost as the “true cost to own” (TCO) which includes variables like purchase price, depreciation, loan interest, insurance premiums, fuel and maintenance costs. By visiting Edmunds.com you can actually calculate the TCO for the luxury vehicle you have in mind.

Read on to find out more about four of 2012’s luxury vehicles whose TCO is perhaps the lowest you’ll find on the market today.

4 High-End, “Affordable-to-Own” Vehicles

2012 Hyundai Genesis 3.8

With a purchase price of $34,200 and fuel economy MPG of 19 city and 29 highway, the TCO for this luxury sedan is $56,235.

The Hyundai Genesis will appeal to all drivers and passengers with its smooth performance and comfort. The interior controls, screens, and other bells and whistles are attractive and easy to use while the new headlights are cooler and sportier.

For 2012, the car's 3.8-liter V-6 has received a direct fuel injection upgrade, giving it 333-horsepower and more torque, while a new eight-speed automatic takes the place of the old five-speed automatic. Ultimately, the owner will be rewarded with better fuel economy and a quicker ride.

Some of the standard equipment that a 2012 Genesis owner will enjoy includes 17-inch alloy wheels, keyless start and entry, 8 air bags, headlight LED accents, leather seats, heated front seats, dual-zone automatic temperature control, a seven-speaker audio system with a USB/auxiliary input jack, cruise control, Bluetooth, and Homelink.

2012 Audi A6

Priced at $41,700 and boasting a fuel economy MPG of 25 city and 33 highway, this sporty sedan’s TCO comes in at $63,595.

Classy yet understated, sporty yet efficient, luxurious yet aerodynamic, the Audi A6 makes driving fun and pleasurable.

Both versions of the A6 Quattro – the 3.0 TFSI Quattro with a 211-horsepower, 2-liter, turbocharged, four-cylinder engine (priced above) and the supercharged Premium 3.0T Quattro with its 310-horsepower, 3-liter V-6 get an A+ when it comes to fuel economy.

The car’s high-quality interior is classic Audi loaded with the following features: Three-zone climate control, speed-sensitive power steering, eight air bags, Audi music interface with 10-speaker audio system and Bluetooth, Homelink, Keyless entry/start, multi-media interface radio plus w/high-resolution color screen, rain & light sensors, and power glass sunroof.

2012 Jaguar XF

With a 2012 price tag of $53,000 and fuel economy MPG of 16 city and 23 highway, the TCO of this high-end ride is $80,552.

The 2012 Jaguar XF is well representative of Jaguar’s long history as a designer of beautiful automobiles. In recent years, the automaker has made great strides in improving quality and reliability as well, also marked by the XF and thus making the car pretty to look at, fun to drive, and affordable to own.

While elegant and sophisticated, with its 385-horsepower, V-8 engine, this sports sedan boasts a power and quickness that are unmistakable.

Known for superior interiors, Jaguar delivers in the XF with modern accents and tons of standard features such as leather seating, eight air bags, dual-zone automatic climate control, keyless entry and ignition, adaptive Xenon headlights w/automatic high beams, blind spot monitoring system, rearview camera, heated and cooled front seats, iPod and USB inputs, SiriusXM satellite radio, navigation system w/30GB hard drive, and Bluetooth.

Lexus LS 460

Retailing for $67,630 with a decent fuel economy MPG of 16 city and 24 highway, the TCO for this classic luxury vehicle is $89,413.

The 2012 Lexus LS 460 holds true to Toyota’s original vision for what a luxury car should be -- refined, convenient, and reasonably priced for the intended buyer.

The sedan’s 380-horsepower, 4.6-liter, V-8 engine and 8 speed automatic transmission make for effortless acceleration and a wonderfully quiet, smooth ride.

Its spacious, leather-lined cabin is adorned with user-friendly features whose sole purpose is to simplify driving (and life) for passengers. Owners will enjoy dual-zone climate control, HID headlamps with auto leveling and intelligent high-beam, power tilt-and-telescoping steering wheel, rearview camera, eight air bags, emergency assist button, automatic collision notification, stolen vehicle location, rain-sensing wipers, heated/cooled front seats, heated rear seats, power rear sunshade, Intuitive Park Assist, 10-speaker audio system with USB and XM radio, 6-CD changer, and Bluetooth.

If you are shopping for a luxury vehicle, your credit union may be able to help make your auto dream a reality with a vehicle buying service and low-rate financing. Estimate your auto payment with Credit Unions Online calculator. Find out more by finding a credit union and then visiting the Auto section of their website.

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