Flashy sports cars are not for everyone. Some dream of winning pink slip night races with a sleeper car – a vehicle that looks innocuous but hides an element of surprise. However, building a sleeper car can cost a bomb if you’re chasing 1000 horsepower and want to make a career out of racing for slips. For the more casual enthusiast, sleeper cars like these are an affordable way to achieve car nirvana.
We are talking about used sedans with a power of 400 hp and more. They also offer comfort and luxury, all at a low price of under $15,000, if you know where to look. That said, there are certain caveats associated with these cars. While they are relatively affordable now, they commanded a significant premium when new, and many of these cars will require you to spend luxury car maintenance money. So make sure you look for a well-maintained model with low mileage, even if it means spending a little more for the car. Now that that piece of wisdom is out of the way, these are our picks for the best affordable sleeper sedans. Let’s enjoy the pleasures of depreciation.
BMW 5 Series 550i (400 hp)
Today you can find plenty of used E60 and F10 generation 5 Series 550i cars in online classifieds with prices as low as $6,000. The F10 generation is the right choice because it is better designed and has more power. Also keep an eye on the manual variants that keep coming up for sale.
Volkswagen Phaeton W12 (420 hp)
Unfortunately, Volkswagen lacked the brand value of its rivals such as Audi, BMW and Mercedes-Benz. Think about it: Would you rather spend almost $100,000 on a Volkswagen Phaeton or a Mercedes-Benz S-Class? This proved to be the downfall of the Phaeton. Today, a high-mileage used W12 Phaeton can be had for as little as $11,000. However, they can be difficult to find as the Phaeton was only sold in North America between 2004 and 2006.
Forget the engine for a moment. What you have is a hand-built luxury car that rivals the likes of the Mercedes-Benz S-Class and BMW 7 Series. You probably won’t be racing for slips in the Phaeton, but you may end up speeding down the highway in comfort on this high-speed train. That’s a different kind of high.
Audi S6 5.2 FSI (429 hp)
The V10 was only offered with the third generation S6. The fourth-generation S6 (2012 to 2018) received a downsized twin-turbo 4.0-liter V8, making 414 horsepower and 406 pound-feet of torque. When new, the third-generation S6 cost about $75,000. Now that the time for reason is over, buying a depreciated V10 S6 is a compelling argument. These days you can find a few used V10-powered S6s under $15,000. Early examples of the third-generation Audi S6 can be had for under $10,000, but you’ll have to search far and wide. Most examples on advertisements are high mileage models, and getting them in perfect condition can be a financial nightmare, so be careful.
Volvo S60 T8 Twin Engine (455 hp)
In 2019, a new Volvo S60 T8 Twin Engine cost around $55,000 and up. While a used Polestar is nearly impossible to get with our $15,000 budget, you can get your hands on a high-mileage T8 Twin Engine S60 for less than $15,000. However, a few thousand euros more should get you better models with lower mileage. That’s a good deal for a car that can sprint from 0 to 60 mph in less than 4.5 seconds. Additionally, 2019 and newer Volvo S60s received a new design treatment, so an S60 with the “Thor’s Hammer” headlights certainly counts as a win.
Cadillac STS-V (469 hp)
In 2008 it received a facelift, adding a larger grille, fender vents and a slightly redesigned cabin. A year later, Cadillac dropped the STS-V. In 2011, the Northstar V8 engine was discontinued, and with it the STS.
These days, given its age, it should be relatively easy to find a used Cadillac STS-V under $15,000. While the 469 horsepower is good enough for a 0-60 mph time of 4.6 seconds, owners say you can easily unlock 500 horsepower with just a few upgrades.
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