Used Luxury SUVs That Are a Bad Investment for the Middle Class
Used luxury SUVs may appear to be a smart way to acquire premium features at a lower cost, but they frequently come with significant problems. The high maintenance costs, complex systems, and expensive parts can quickly turn these vehicles into financial burdens.
2024 Mercedes-Benz GLC Class
The 2024 Mercedes-Benz GLC Class, with a suggested price of $44,900, has received negative reviews from both customers and Consumer Reports. Issues include a mushy brake-pedal feel, delayed power when starting from a stop, bumpy downshifting, and a too-firm ride quality. Some customers have also reported problems with acceleration, transmission issues, and persistent software messages about the steering wheel even after replacement.
2024 Genesis GV70
The 2024 Genesis GV70, priced between $42,995 and $55,998, has several trouble spots. Consumer Reports noted problems with the engine stop-and-start feature, significant rear blind spots, and turbo lag when accelerating from a rolling stop. Customer reviews have also mentioned the need for new brake calipers at low mileage, leaks in the transfer case, and potential wiring issues affecting electronic features and navigation.
2024 Audi Q5
The 2024 Audi Q5, ranging from $37,827 to $45,984, is known for its competence, but the Q5 Premium Plus S model has raised concerns. Consumer Reports highlighted four recalls due to potential fire risks, including electrical system issues and overheating outlets. Customers have reported problems with adaptive cruise control, auto braking, and transmission slipping.
2024 Volvo XC60
The 2024 Volvo XC60, priced between $40,765 and $47,000, boasts an elegant interior and advanced safety features. However, it has its drawbacks. Consumer Reports noted stiff suspension causing a bumpy ride, issues with the start/stop feature, and complex climate and audio controls that could distract drivers. Customer reviews have mentioned critical battery alerts and difficulties with the infotainment system.
In conclusion, while used luxury SUVs may seem appealing, these four models have significant issues that make them poor investments for middle-class buyers. Potential buyers should carefully consider these factors to avoid costly surprises down the road.