There was a time when luxury cars were reserved for millionaires and people who didn’t mind being in debt for the rest of their lives. Just a couple decades ago, you could buy six decent used cars for the price of a new top of the line Mercedes or Jaguar.
If you want a luxury car today, you don’t have to break the bank. Manufacturers like Buick, Chrysler, Infiniti, and Volvo have entered the luxury car market, and although you’ll still pay a premium, you won’t pay nearly as much. You can buy a luxury car on the same budget as a standard car.