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When it comes to luxury cars, there is no room for compromise. To be considered a top-rated luxury car, they need to look stylish, both inside and out, and deliver a good balance of performance and comfort. A lot of luxury car brands operate in the USA, so you aren’t strapped for choice. But variety can be overwhelming, which is why we present you with our rankings of the best luxury cars of 2024.

Best Luxury SUVs

Available Trims
2024 Cadillac Lyriq
Base MSRP
$57,195
Make
Cadillac
Model
Lyriq
Engine
Electric
Horsepower
340 hp
Fuel Economy
95/82 MPG
Available Trims
2024 Volvo XC40
Base MSRP
$40,500
Make
Volvo
Model
XC40
Engine
2.0L Turbo Inline-4 Gas
Horsepower
247 hp
Fuel Economy
24/30 MPG
Available Trims
2023 Volvo XC90 Recharge
Base MSRP
$71,900
Make
Volvo
Model
XC90 Recharge
Engine
2.0L Turbo Inline-4 Plug-in Hybrid
Horsepower
455 hp
Fuel Economy
TBC

Best Luxury Trucks

Available Trims
2023 Ford F-150 Lightning
Base MSRP
$49,995
Make
Ford
Model
F-150 Lightning
Engine
Electric
Horsepower
426 hp
Fuel Economy
TBC
Available Trims
2023 GMC Hummer EV Pickup
Base MSRP
$108,700
Make
GMC
Engine
Electric
Horsepower
1,000 hp
Fuel Economy
TBC
Available Trims
2023 Rivian R1T Truck
Base MSRP
$73,000
Make
Rivian
Model
R1T Truck
Engine
Electric
Horsepower
600 hp
Fuel Economy
TBC

Best Luxury Convertibles

Available Trims
2023 Porsche 911 Turbo Cabriolet
Base MSRP
$195,700
Make
Porsche
Model
911 Turbo Cabriolet
Engine
3.8L Twin-Turbo Flat 6 Gas
Horsepower
572 hp
Fuel Economy
15/20 MPG
Available Trims
2023 Audi R8 Spyder
Base MSRP
$171,000
Make
Audi
Model
R8 Spyder
Engine
5.2L V10 Gas
Horsepower
562 hp
Fuel Economy
14/23 MPG
Available Trims
2023 Porsche 718 Boxster
Base MSRP
$65,500
Make
Porsche
Model
718 Boxster
Engine
2.0L Turbo Flat 4 Gas
Horsepower
300 hp
Fuel Economy
20/25 MPG

Best Luxury Wagons

Available Trims
2023 Porsche Taycan Sport Turismo
Base MSRP
$136,000
Make
Porsche
Model
Taycan Sport Turismo
Engine
Electric
Horsepower
509 hp
Fuel Economy
80/80 MPG
Available Trims
2023 Volvo V60 Recharge
Base MSRP
$70,550
Make
Volvo
Model
V60 Recharge
Engine
2.0L Turbo Inline-4 Plug-in Hybrid
Horsepower
455 hp
Fuel Economy
TBC
Available Trims
2023 Porsche Taycan Turbo Cross Turismo
Base MSRP
$155,900
Make
Porsche
Model
Taycan Turbo Cross Turismo
Engine
Electric
Horsepower
616 hp
Fuel Economy
80/78 MPG

Characteristics of Top Luxury Cars

The list of the best luxury car brands is long, and each has several models in various sizes and configurations to choose from. But even with the differences between body styles, there are a few similarities that are inherent among the top-rated luxury car models:

  • Style: Fancy cars are designed to turn heads. Some opt for sensuous and sleek curves, while others rely on bold and rugged elements to make their statement. A lot of thought goes into the aesthetic, and it is a design philosophy that carries through to the interior, where high-quality materials comprise the cabin. Genuine wood or metal trim are common in the best-looking cars.
  • Performance: Even stately cruisers need loads of power to get around effortlessly. You can’t have a premium car without a capable powertrain. That said, not all luxury vehicles are sports cars, and many use their power just to enhance their driveability rather than deliver thrills.
  • Price: Luxury has an implied cost to it. You pay for what you get, and most new luxury cars come outfitted with all the latest in comfort and driver-assistance technology. Another thing to keep in mind if you want to buy a premium vehicle is that their inherent focus on performance means lower mpg returns. Big fuel bills are just part of the package.

What to Consider When Buying Premium Cars

Most luxurious cars with a few caveats, though consumers are usually willing to overlook them due to the advantages. Doing a quick cost/benefits analysis can help you decide if these are the types of cars you’re looking for.

Pros

  • Style, pure and simple from respected luxury car brands
  • Opulent interiors with unbeatable comfort
  • Impressive performance figures are a given, even if not a prime factor
  • Most are extremely safe, both mechanically and technologically
  • More standard features than you’re likely to even use
  • You’ll be the envy of all your friends

Cons

  • They don’t come cheap
  • Almost as expensive to run, thanks to lower mileage figures
  • Stress - even a small scratch costs an arm and a leg to repair
  • Plenty of legwork, as few parking spots can handle such large occupants

FAQs

What are the best luxury cars on the market?

At the top of any list of luxury cars, you’ll find names like Mercedes-Benz, BMW, Audi, and Porsche. This includes the Mercedes-Benz S-Class from the convertibles, the Porsche Taycan Turbo from electric cars, and the Cadillac Lyriq from SUVs.

Are there any affordable luxury car models?

There are plenty of premium vehicles for sale in the US, including a number of near-luxury models. The latter includes the likes of the Tesla Model S, the Ford Explorer, and the Cadillac Lyriq. You can also peruse the used market if you refuse to settle for less than German royalty.