Best Used Luxury Small Cars Under $40k for 2024
The best used luxury small cars under $40k based on a data-driven analysis of each vehicle's reliability, resale value and safety.
The best used luxury small car under $40k is the 2021 Lexus IS 350 based on our analysis of 12 million vehicles to assess their reliability, resale value and safety. The 2021 Lexus IS 350 has an average price of $38,747 with an overall iSeeCars score of 9.1. Behind the IS 350 is the 2023 Lexus IS 300 with average used car price of $39,216 and iSeeCars score of 8.9. The number 3 best used luxury small car under $40k is the 2022 BMW 3 Series at $36,870 average price and 8.6 iSeeCars rating. For this analysis, iSeeCars looked at used luxury small cars under $40k that are 1 to 6 years old to determine the latest model year vehicles that are within the price range of $35,000 to $40,000.
The best used luxury small car under $40k is the 2021 Lexus IS 350 based on our analysis of 12 million vehicles to assess their reliability, resale value and safety. The 2021 Lexus IS 350 has an average price of $38,747 with an overall iSeeCars score of 9.1. Behind the IS 350 is the 2023 Lexus IS 300 with average used car price of $39,216 and iSeeCars score of 8.9. The number 3 best used luxury small car under $40k is the 2022 BMW 3 Series at $36,870 average price and 8.6 iSeeCars rating. For this analysis, iSeeCars looked at used luxury small cars under $40k that are 1 to 6 years old to determine the latest model year vehicles that are within the price range of $35,000 to $40,000.
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iSeeCars Score:
9.1
/ 10
- Average Used Car Price: $38,747
iSEECARS SCORE
iSeeCars Best Car Rankings are calculated based on an analysis of data from over 12 million cars that assesses how long each vehicle lasts and how well it retains its value over time, along with safety data from the National Highway Traffic Safety Association
See how we rank these cars
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Reliability
9.0
/ 10
-
Value Retention
8.2
/ 10
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Safety
10
/ 10
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iSeeCars Score:
8.9
/ 10
- Average Used Car Price: $39,216
iSEECARS SCORE
iSeeCars Best Car Rankings are calculated based on an analysis of data from over 12 million cars that assesses how long each vehicle lasts and how well it retains its value over time, along with safety data from the National Highway Traffic Safety Association
See how we rank these cars
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Reliability
8.6
/ 10
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Value Retention
8.0
/ 10
-
Safety
10
/ 10
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iSeeCars Score:
8.6
/ 10
- Average Used Car Price: $36,870
iSEECARS SCORE
iSeeCars Best Car Rankings are calculated based on an analysis of data from over 12 million cars that assesses how long each vehicle lasts and how well it retains its value over time, along with safety data from the National Highway Traffic Safety Association
See how we rank these cars
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Reliability
8.4
/ 10
-
Value Retention
7.4
/ 10
-
Safety
10
/ 10
-
iSeeCars Score:
8.6
/ 10
- Average Used Car Price: $36,789
iSEECARS SCORE
iSeeCars Best Car Rankings are calculated based on an analysis of data from over 12 million cars that assesses how long each vehicle lasts and how well it retains its value over time, along with safety data from the National Highway Traffic Safety Association
See how we rank these cars
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Reliability
8.4
/ 10
-
Value Retention
7.4
/ 10
-
Safety
10
/ 10
-
iSeeCars Score:
8.3
/ 10
- Average Used Car Price: $38,546
iSEECARS SCORE
iSeeCars Best Car Rankings are calculated based on an analysis of data from over 12 million cars that assesses how long each vehicle lasts and how well it retains its value over time, along with safety data from the National Highway Traffic Safety Association
See how we rank these cars
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Reliability
8.3
/ 10
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Value Retention
7.5
/ 10
-
Safety
9.0
/ 10
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iSeeCars Score:
7.8
/ 10
- Average Used Car Price: $35,678
iSEECARS SCORE
iSeeCars Best Car Rankings are calculated based on an analysis of data from over 12 million cars that assesses how long each vehicle lasts and how well it retains its value over time, along with safety data from the National Highway Traffic Safety Association
See how we rank these cars
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Reliability
7.7
/ 10
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Value Retention
7.9
/ 10
-
Safety
Not Available
-
iSeeCars Score:
7.8
/ 10
- Average Used Car Price: $36,642
iSEECARS SCORE
iSeeCars Best Car Rankings are calculated based on an analysis of data from over 12 million cars that assesses how long each vehicle lasts and how well it retains its value over time, along with safety data from the National Highway Traffic Safety Association
See how we rank these cars
-
Reliability
8.0
/ 10
-
Value Retention
7.7
/ 10
-
Safety
Not Available
-
iSeeCars Score:
7.8
/ 10
- Average Used Car Price: $39,686
iSEECARS SCORE
iSeeCars Best Car Rankings are calculated based on an analysis of data from over 12 million cars that assesses how long each vehicle lasts and how well it retains its value over time, along with safety data from the National Highway Traffic Safety Association
See how we rank these cars
-
Reliability
7.0
/ 10
-
Value Retention
8.5
/ 10
-
Safety
Not Available
-
iSeeCars Score:
7.7
/ 10
- Average Used Car Price: $37,211
iSEECARS SCORE
iSeeCars Best Car Rankings are calculated based on an analysis of data from over 12 million cars that assesses how long each vehicle lasts and how well it retains its value over time, along with safety data from the National Highway Traffic Safety Association
See how we rank these cars
-
Reliability
7.9
/ 10
-
Value Retention
7.5
/ 10
-
Safety
Not Available
-
iSeeCars Score:
7.4
/ 10
- Average Used Car Price: $38,260
iSEECARS SCORE
iSeeCars Best Car Rankings are calculated based on an analysis of data from over 12 million cars that assesses how long each vehicle lasts and how well it retains its value over time, along with safety data from the National Highway Traffic Safety Association
See how we rank these cars
-
Reliability
7.0
/ 10
-
Value Retention
7.9
/ 10
-
Safety
Not Available
-
iSeeCars Score:
7.4
/ 10
- Average Used Car Price: $38,271
iSEECARS SCORE
iSeeCars Best Car Rankings are calculated based on an analysis of data from over 12 million cars that assesses how long each vehicle lasts and how well it retains its value over time, along with safety data from the National Highway Traffic Safety Association
See how we rank these cars
-
Reliability
7.2
/ 10
-
Value Retention
7.7
/ 10
-
Safety
Not Available
-
iSeeCars Score:
7.3
/ 10
- Average Used Car Price: $37,221
iSEECARS SCORE
iSeeCars Best Car Rankings are calculated based on an analysis of data from over 12 million cars that assesses how long each vehicle lasts and how well it retains its value over time, along with safety data from the National Highway Traffic Safety Association
See how we rank these cars
-
Reliability
6.0
/ 10
-
Value Retention
8.5
/ 10
-
Safety
Not Available
-
iSeeCars Score:
7.2
/ 10
- Average Used Car Price: $36,252
iSEECARS SCORE
iSeeCars Best Car Rankings are calculated based on an analysis of data from over 12 million cars that assesses how long each vehicle lasts and how well it retains its value over time, along with safety data from the National Highway Traffic Safety Association
See how we rank these cars
-
Reliability
7.0
/ 10
-
Value Retention
7.5
/ 10
-
Safety
Not Available
-
iSeeCars Score:
7.2
/ 10
- Average Used Car Price: $38,707
iSEECARS SCORE
iSeeCars Best Car Rankings are calculated based on an analysis of data from over 12 million cars that assesses how long each vehicle lasts and how well it retains its value over time, along with safety data from the National Highway Traffic Safety Association
See how we rank these cars
-
Reliability
7.2
/ 10
-
Value Retention
7.3
/ 10
-
Safety
Not Available
-
iSeeCars Score:
6.7
/ 10
- Average Used Car Price: $38,157
iSEECARS SCORE
iSeeCars Best Car Rankings are calculated based on an analysis of data from over 12 million cars that assesses how long each vehicle lasts and how well it retains its value over time, along with safety data from the National Highway Traffic Safety Association
See how we rank these cars
-
Reliability
6.0
/ 10
-
Value Retention
7.4
/ 10
-
Safety
Not Available
-
iSeeCars Score:
Not Available
- Average Used Car Price: $39,184
iSEECARS SCORE
iSeeCars Best Car Rankings are calculated based on an analysis of data from over 12 million cars that assesses how long each vehicle lasts and how well it retains its value over time, along with safety data from the National Highway Traffic Safety Association
See how we rank these cars
-
Reliability
Coming soon
-
Value Retention
7.7
/ 10
-
Safety
Not Available
-
iSeeCars Score:
Not Available
- Average Used Car Price: $38,385
iSEECARS SCORE
iSeeCars Best Car Rankings are calculated based on an analysis of data from over 12 million cars that assesses how long each vehicle lasts and how well it retains its value over time, along with safety data from the National Highway Traffic Safety Association
See how we rank these cars
-
Reliability
Coming soon
-
Value Retention
7.5
/ 10
-
Safety
Not Available
-
iSeeCars Score:
Not Available
- Average Used Car Price: $35,342
iSEECARS SCORE
iSeeCars Best Car Rankings are calculated based on an analysis of data from over 12 million cars that assesses how long each vehicle lasts and how well it retains its value over time, along with safety data from the National Highway Traffic Safety Association
See how we rank these cars
-
Reliability
Coming soon
-
Value Retention
7.5
/ 10
-
Safety
Not Available
-
iSeeCars Score:
Not Available
- Average Used Car Price: $36,634
iSEECARS SCORE
iSeeCars Best Car Rankings are calculated based on an analysis of data from over 12 million cars that assesses how long each vehicle lasts and how well it retains its value over time, along with safety data from the National Highway Traffic Safety Association
See how we rank these cars
-
Reliability
Coming soon
-
Value Retention
7.4
/ 10
-
Safety
Not Available
Related Rankings
How We Rank These Cars
iSeeCars Best Used Cars Under $40k Rankings are calculated based on the latest research by our data science team and the National Highway Traffic Safety Administration (NHTSA).
We analyze data from over 12 million new and used vehicles in our Longest-Lasting Cars and 5-Year Depreciation Studies, combined with the NHTSA's Safety Ratings to give you an unbiased guide to the best vehicles in each segment.
After being evaluated, vehicles with the highest average scores earn a spot in the iSeeCars Best Car Rankings. (No final score is given to vehicles missing a score in any of the categories, but scores for other categories are still shown.)
Vehicles are scored in three categories:
Reliability
The reliability score represents an analysis of iSeeCars' proprietary research on the longest-lasting vehicles.
Value Retention
The value retention score is based on our data science team's statistical analysis and prediction of 5-year depreciation from MSRP to determine which cars hold their value best, using US Bureau of Labor Statistics data to adjust for inflation.
Safety
The safety score is calculated based on the last five years of crash test ratings from the National Highway Traffic Safety Administration (NHTSA) and incorporates the latest Top Safety Pick information from the Insurance Institute for Highway Safety (IIHS).