I have been living in the U.S. for many years and I consider myself a car expert. A lot of people have come to me for advice that’s related to cars on a daily basis. One of the most frequently asked questions is:“ I have a budget of $X, which car should I buy?”
Today in this semi-comprehensive guide, I am trying to answer this question to the best of my ability, once and for all. To make things easier, I divided different makes and models of the car in different tiers by their price range, so you can easily scroll down to the section that fits your budget.
I have $149,999!
Well first of all, congrats! You are the lucky one.
For people who have a budget of $149,999 or more, there are virtually unlimited options for you in the market. Popular choices include top-tier sports cars such as Porsche 911 GT3, Aston Martin Vantage, Mercedes-Benz AMG GT, Audi RS7, etc… Notice that the makes I mentioned are new cars. If you are okay with used cars, the range of selections can be expanded even more.
I have $100,000…
For people with a budget of $100,000, you will have to narrow down your supercar selections a bit, yet the number of options are still staggering. Sports cars such as BMW X5M, Porsche Panamera, Audi S7, Tesla model S or model X, Corvette Z06 or even the latest Lexus LC500, etc., are still within reach. Tuned for speed and performance, these cars can get your heart racing are for sure attention-catchers.
I have $80,000…
With a budget of $80,000, even though you will have to say goodbye to most of the brand-new need-for-speed supercars, you are now looking at top-tier luxury cars. I would get my hands (and heart) on a shiny BMW X6 or Mercedes Benz GLE for SUVs, or a 5-series, E-class, or C AMG/M for sedans. These cars offers a nice balance in terms of brand, capability and reliability.
What if I have $60,000…?
With $60,000, you can buy a German-brand car with decent performance, with some compromise.
For example, some people may choose a brand-new BMW 440 while others may choose a two-year-old BMW M4. It is a rare chance that you can buy a used high performance car at a low price, so you need to be cautious when such option is presented to you. I do have friends who spent $50,000 to $60,000 but ended up with a car with accident or damage records (lemon cars).
I have $40,000…
Hey, you still get a wide range of cars to choose from with $40,000!
The majority of Japanese luxury cars or German CPO (Certified Pre-Owned) cars fall into this price range. I would encourage you to start looking at Infiniti Q50/Q60, used Audi S4/S4, BMW 335/435,etc.. And if you are looking beyond performance, you can also check out new cars like Lexus IS, Acura TLX. These are known as the best commuter cars with high quality and reliability.
I only have $20,000…
You may have seen some BMW 3 series or Audi A4 in the market with mileage slightly over 50,000 and have just passed warranty. A lot of dealerships may tell you that this is a decent car with great condition. But once you take fuel-efficiency, practicality, and maintaince cost into consideration, Japanese CPO cars are clear winners over those entry-level German luxury cars.
My budget is less than $10,000
With $10,000, you can go with a Japanese compact car with more than 5 years of age. These cars are known for low-maintenance and high quality, and you are guaranteed to the bang for your buck.
Of course, we don’t always carry stacks of cash in our suitcase. For those of us who have limited cash or limited budget, Westbon has brought to you a solution that is safe, fast and affordable. With 30% down payment, you can drive your dream car home today. With no SSN or credit history required, Westbon Auto Loan is specifically designed for internationals who have just arrived in the U.S.. Learn more at www.westbon.com. Check to see if you qualify in seconds!
*Copyright by Westbon. All rights reserved by Westbon Inc. Do not reproduce without permission. Images are from the internet. Contact us immediately at email@example.com if the usage of these images infringed your copyright.