“Not everyone gets the chance to own and drive luxury cars, so having one can make you feel like you’ve truly made it,” says Alan Gelfand, owner of German Car Depot. “Luxury cars give you that exclusive feeling, like you’re part of an elite club.”
The automotive industry is always evolving, with high-end cars offering a range of features to meet the desires of discerning customers. Some models excel in performance, technology, and depreciation rates, while others fall short, proving to be unreliable or lacking in value for their hefty price tags.
“Many luxury cars aren’t worth the investment because their value drops significantly over time,” Gelfand points out.
GOBankingRates spoke with Gelfand, who has driven hundreds of luxury car models. Here are the three best and worst luxury cars for your money.
The Best
Audi TT (Coupe)
Although Audi discontinued the TT Coupe last November after selling only 613 units in the U.S. compared to nearly 2,500 E-Tron GTs, it remains a standout. Starting at around $54,000 for the 2023 model, the TT Coupe boasts top-notch interiors with premium materials and a sleek design. Fans also love its advanced features like a touch-and-go navigation system and the Virtual Cockpit, a fully digital instrument panel.
“This car is worth every penny for its incredible driving experience,” Gelfand says. “It handles beautifully, and its turbocharged engine makes driving on highways and winding roads a joy.”
Lexus LS 500
Starting at about $81,000, the Lexus LS 500 harkens back to the era of old-school luxury sedans. Known as the former epitome of Japanese luxury, it features a climate control screen in the backseat and a deployable ottoman-style stool in the right rear seat.
“It’s packed with advanced safety features and cutting-edge technology, ensuring a top-tier experience,” Gelfand notes. “On top of that, Lexus cars, including this one, hold their value well because of their reputation for reliability.”
Mercedes-Benz E-Class
With prices ranging between $62,300 and $74,700, the Mercedes-Benz E-Class is an iconic midsize sedan featuring a nine-speed automatic and all-wheel drive. Testers praise its “comfortable and controlled ride,” spacious cabin, and optional seat massage feature.
“All models come with advanced tech like the MBUX infotainment system, which includes a large touchscreen and voice control,” Gelfand says. “The E-Class’s suspension system also ensures a smooth and comfortable ride.”
The Worst
BMW 7 Series
Starting at $98,000 for a 2025 model, the BMW 7 Series is notorious for its depreciation. It loses about 50% of its value in the first three years, costing around $50,000 over five years just from depreciation.
“The repair costs are high due to its complex technology, which often requires specialized knowledge and tools,” Gelfand explains. “It also has specific maintenance needs, like using premium synthetic oils, which adds to the overall cost.”
Maserati Quattroporte
The Maserati Quattroporte, often dubbed the “Undisputed King of Depreciation,” starts at $139,000 and loses about 64.5% of its value, or $90,000, off the average list price. In contrast, a Porsche 911, costing about $114,400, depreciates an average of 9.3%, or $10,640.
The Quattroporte also suffers from frequent reliability issues, including transmission and electronics problems, leading to expensive repairs.
“These issues lead to expensive repairs, and parts and labor for Maseratis are costly,” Gelfand says.
Maserati Ghibli
Priced at $111,000 for a 2024 model, the Maserati Ghibli loses 44% of its value after five years, offering more style than substance. While it features an exotic exterior design, gutsy turbo engines, and athletic handling, experts criticize its cramped rear seat, poor fuel efficiency, and interior design that falls short of its six-figure price tag.
“Its interior quality doesn’t always match the high standards set by other luxury brands,” Gelfand observes. “The infotainment system also lags behind its competitors.”
Conclusion
Navigating the luxury car market requires a keen eye for value and performance. While some models offer an exceptional experience and retain their value, others may leave you with buyer’s remorse. Whether you’re looking for a reliable, luxurious ride or trying to avoid a costly mistake, these insights from an experienced car enthusiast can help guide your decision.
