Top 10 Luxury Cars to Buy in July

If you’re eager to step into the luxury car arena without breaking the bank on a brand-new model, your timing couldn’t be better. We’ve analyzed the latest data to present the top 10 used luxury cars that deliver exceptional value for your investment. From sleek Porsches to exhilarating Lamborghinis, there’s a high-end vehicle that matches your unique style and budget. At Bumper.com, we’ve mined our extensive database of over 60 million vehicles, to offer exclusive insights into price trends, market dynamics, and those elusive deals that provide maximum luxury for minimal outlay.

With current market conditions favoring buyers through notable price reductions, seizing the moment to acquire your dream car has never been more opportune.

Remember to explore vehicle history reports and use our VIN lookup and decoding tools to help ensure your future acquisition is flawless.

Key trends in the luxury used car market

Significant price reductions

The luxury used car market is experiencing widespread price drops, positioning it firmly as a buyer’s paradise. The Mercedes-Benz AMG GT leads with a remarkable 15.50% decrease in price over the last 30 to 60 days and a 16.37% reduction over the past year, signaling strong opportunities for discerning buyers. The Porsche 718 Cayman and 718 Boxster are also showcasing substantial discounts, indicating prime targets for bargain hunters.

Enhanced availability

An increase in the availability of many luxury models provides buyers with more options and potentially greater bargaining power. The notably higher number of Mercedes-Benz SL-Class vehicles on the market compared to last year exemplifies this trend, offering buyers a wider selection to choose from.

Consistent value in older models

Models such as the Audi R8 and Lamborghini Huracan continue to command high list prices, despite their age, underscoring their enduring luxury appeal and stable value. Although these models exhibit minor price adjustments, they present attractive opportunities for long-term investment.

Negotiable final sale prices

Despite the appearance of hefty list prices, the reality of final sale figures often reveals a different scenario. Many models, including the Mercedes-Benz SL-Class and Audi RS5, undergo notable markdowns from their initial list prices, emphasizing the importance of negotiation for achieving the best deal possible.

Opportunities with higher mileage

Vehicles that have accrued higher mileage or have remained unsold for longer periods, such as the Audi R8 and Ford Mustang, may be ripe for even more substantial discounts. These cars present opportunities for savvy negotiators to secure deeper price reductions. It’s crucial, however, to conduct a thorough VIN lookup and review vehicle history reports to try and confirm that these high-mileage treasures maintain their superior condition.

These trends reveal that the present moment could be the ideal opportunity to secure a luxe automobile at a considerable value.

Top 10 used luxury cars for July 2024

Here’s your curated list of the top 10 used luxury cars available this July, each offering superior performance, prestige, and significant financial opportunity.

1. Mercedes-Benz AMG GT

The Mercedes-Benz AMG GT shines this year with an impressive 15.50% price reduction over the last 30 to 60 days, appealing to those looking for a high-performance sports car at a new level of affordability.

• Average Listed Vehicle Mileage: 28,000 miles
• Average Initial List Price: $105,000
• Average Final List Price: $95,000
• Average Price Change (30 to 60 Days Ago): -15.50%
• Average Discount Seen from List to Sale: 1.50%

2. Porsche 718 Cayman

A balanced mix of agility and power, the Porsche 718 Cayman continues to attract buyers with notable price drops and an engaging driving experience comparable to its rivals.

• Average Listed Vehicle Mileage: 22,000 miles
• Average Initial List Price: $70,000
• Average Final List Price: $65,000
• Average Price Change (30 to 60 Days Ago): -14.75%
• Average Discount Seen from List to Sale: 2.00%

3. Porsche 718 Boxster

The Porsche 718 Boxster merges classic roadster charm with modern performance, enjoying a recent drop in median prices that make it an enticing option for enthusiasts.

• Average Listed Vehicle Mileage: 25,000 miles
• Average Initial List Price: $68,000
• Average Final List Price: $63,000
• Average Price Change (30 to 60 Days Ago): -14.50%
• Average Discount Seen from List to Sale: 1.25%

4. Lamborghini Huracan

Maintaining its status with minimal price changes, the Lamborghini Huracan provides enduring allure, making it a solid investment for those seeking lasting luxury appeal.

• Average Listed Vehicle Mileage: 12,000 miles
• Average Initial List Price: $210,000
• Average Final List Price: $205,000
• Average Price Change (30 to 60 Days Ago): -1.00%
• Average Discount Seen from List to Sale: 1.00%

5. Audi R8

With consistently high list prices and subtle markdowns, the Audi R8 remains a favorite for its combination of luxury, performance, and distinctive design.

• Average Listed Vehicle Mileage: 18,000 miles
• Average Initial List Price: $150,000
• Average Final List Price: $147,000
• Average Price Change (30 to 60 Days Ago): -1.50%
• Average Discount Seen from List to Sale: 0.50%

6. Mercedes-Benz SL-Class

Known for available bargains due to market increase, the Mercedes-Benz SL-Class offers substantial discounts from its list price, making it an opportune time for purchase.

• Average Listed Vehicle Mileage: 29,000 miles
• Average Initial List Price: $60,000
• Average Final List Price: $55,000
• Average Price Change (30 to 60 Days Ago): -13.00%
• Average Discount Seen from List to Sale: 2.50%

7. Audi RS5

The Audi RS5 has seen notable markdowns, further boosted by steep discounts which enhance its appeal to potential buyers looking for a high-performance coupe.

• Average Listed Vehicle Mileage: 30,000 miles
• Average Initial List Price: $75,000
• Average Final List Price: $69,000
• Average Price Change (30 to 60 Days Ago): -11.00%
• Average Discount Seen from List to Sale: 1.20%

8. BMW M4

The BMW M4 consistently provides high performance and luxury, with average price reductions over recent months encouraging new buyers towards its engaging driving performance.

• Average Listed Vehicle Mileage: 27,000 miles
• Average Initial List Price: $72,000
• Average Final List Price: $67,000
• Average Price Change (30 to 60 Days Ago): -9.00%
• Average Discount Seen from List to Sale: 1.50%

9. Ford Mustang

Offering deeper discounts for high-mileage seekers, the Ford Mustang allows for more aggressive pricing negotiations, making it the right pick for muscle car enthusiasts.

• Average Listed Vehicle Mileage: 35,000 miles
• Average Initial List Price: $55,000
• Average Final List Price: $49,000
• Average Price Change (30 to 60 Days Ago): -12.00%
• Average Discount Seen from List to Sale: 3.00%

10. Jaguar F-Type

The Jaguar F-Type impresses with its reduced final sale prices, offering a blend of British elegance and performance at a more accessible price point.

• Average Listed Vehicle Mileage: 24,000 miles
• Average Initial List Price: $65,000
• Average Final List Price: $60,000
• Average Price Change (30 to 60 Days Ago): -9.50%
• Average Discount Seen from List to Sale: 2.00%

Our selection helps shine a light on the varied and enticing opportunities that the used luxury car market currently offers. With each model providing a distinctive blend of performance, prestige, and financial sense, this list serves as your gateway to owning a dream car that does not compromise on style or substance. Armed with the insights provided, you’re well-equipped to make a better informed decision that aligns with your aspirations and budget.

AI Disclaimer: The images presented here were created using artificial intelligence (AI) technology. While we strive for accuracy, they are artistic representations and may not depict exact or true-to-life details. We do not guarantee the accuracy, relevance, or completeness of any information in these images. For accurate and detailed representations, we recommend consulting the vehicle manufacturer directly.