Millennials like Ford, Toyota, Chevrolet, and Honda. Among the luxury brands, they prefer BMW.
U.S. News & World Report has compiled a list of luxury vehicles for less than $35,000. Models include the Acura ILX, Infiniti QX30, Audi A3, Buick Envision, Mercedes Benz CLA, BMW X1, Lincoln MKC, and Volvo s60.
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- Buy a vehicle with 5,000 miles or so. While it is not new, it will be as good as new; but a lot cheaper.
- Always negotiate. Check websites such as KBB.com, CarMax, and Edmunds to see how much you should pay.
- Don’t buy the extended warranties.