Check out Top 5 Cheapest Luxury Cars to buy: 2016 Edition

5. Acura RLX

The 2016 Acura RLX is priced from ₦15,483,095/$55,390 including destination and comes standard with a 3.5-liter V6 engine with 310 horsepower and around 272 pound-feet of torque. In standard trim, it returns 20 mpg in the town and 31 mpg on the highway for a 24-mpg combined rating. There’s also a Sport Hybrid model available with SH-AWD, returning 28 mpg in the town and 32 mpg on the highway for 20-mpg combined.

The Acura RLX features a 5-Year Cost to Own of ₦16,727,277/$59,841 with these breakdown:

Fuel:₦2,381,864/ $8,521
Insurance:₦2,132,804.09/ $7,630
Financing: ₦737,676.28/$2,639
State Fees: ₦1,043,480.69/$3,733
Maintenance:₦667,794.10/ $2,389
Repairs: ₦882,751.68/$3,158
Depreciation: ₦8,880,906.79/$31,771

4. Mercedes-Benz SLK250

The Mercedes-Benz SLK has been replaced by the SLC, therefore the 5-Year Cost to Own is actually a bit different for the newest model. But people who can obtain practical the older SLK will look to truly save some cash in comparison to other luxury cars.

When it comes to new Mercedes-Benz SLC300, it comes with a 2.0-liter turbocharged four-cylinder engine with 241 hp and 273 lb-ft of torque with a starting price of $48,875. There’s also a high-performance AMG variant with a 3.0-liter biturbo V6 engine providing 362 hp and 384 lb-ft of torque. That model starts from $61,225.

The Mercedes-Benz SLK250 features a 5-Year Cost to Own of $58,756 with these breakdown:

Fuel: ₦2,214,426/$7,922
Insurance: ₦1,671,581/$5,980
Financing: ₦713,357/$2,552
State Fees: ₦1,005,464/$3,597
Maintenance: ₦1,218,186/$4,358
Repairs: ₦799,452/$2,860
Depreciation: ₦8,801,520/$31,487
3. Lincoln MKS

Obtainable in two flavors, the 2016 Lincoln MKS comes standard with a 3.7-liter V6 engine with 304 hp and 279 lb-ft of torque. That model returns 17 mpg in the town and 24 mpg on the highway with all-wheel drive, whilst the front-wheel-drive model will work for 17-mpg city, 26-mpg highway. Also available may be the Lincoln MKS EcoBoost with a 3.5-liter EcoBoost V6 engine dishing out 365 hp and 350 lb-ft of torque. That model can be obtained only with all-wheel drive and returns 16 mpg in the town and 24 mpg on the highway. The Lincoln MKS is priced from $39,935.

The Lincoln MKS features a 5-Year Cost to Own of $55,947 with these breakdown:

Fuel: ₦2,551,817/$9,129
Insurance: ₦1,879,830/$6,725
Financing: ₦655,215/$2,344
State Fees: ₦925,799/$3,312
Maintenance: ₦582,258/$2,083
Repairs: ₦953,192/$3,410
Depreciation: ₦8,090,679./$28,944
2. Audi TT

Got a burning desire to possess a luxury sports coupe? The Audi TT is not merely stylish and fun to operate a vehicle, but it’s among the cheapest luxury cars to possess over the initial five years. Underneath the hood of the Audi TT is really a 2.0-liter TFSI engine with 220 hp and 258 lb-ft of torque. It is also fuel efficient, returning 23 mpg in the town and 30 mpg on the highway. Pricing for the Audi TT starts at ₦12,250,345/$43,825.

The Audi TT features a 5-Year Cost to Own of ₦15,208,598/$54,408 with these breakdown:

Fuel: ₦2,239,863/$8,013
Insurance: ₦1,706,522/$6,105
Financing: ₦670,868/$2,400
State Fees: ₦945,645/$3,383
Maintenance: ₦1,196,382/$4,280
Repairs: ₦1,197,501/$4,284
Depreciation: ₦7,251,813/$25,943
1. Volvo S80 T5

And the lowest priced luxury car to possess for the 1st five years may be the Volvo S80 T5. Sporting 240 hp and 258 lb-ft of torque, the Volvo S80 T5 comes with a 2.0-liter turbocharged four-cylinder engine. The sedan will work for 25 mpg in the town and 37 mpg on the highway. With a starting price of ₦12,408,279/$44,390, the Volvo S80 T5 can be competitively priced within the segment.

The Volvo S80 T5 features a 5-Year Cost to Own of ₦14,905,589/$53,324 with these breakdown:

SEE ALSO:  Where to buy Volvo S80

Fuel: ₦1,936,574/$6,928
Insurance: ₦1,638,038/$5,860
Financing: ₦619,435/$2,216
State Fees: ₦876,322/$3,135
Maintenance: ₦741,589/$2,653
Repairs: ₦1,158,926/$4,146
Depreciation: ₦7,934,702/$28,386