With the number of new cars available on the market, it is easy to be confused when it comes to choosing a new one to buy. To make matter worse, it's not uncommon to see some high-priced cars with features and specifications that can be found in budget models, making it really hard to trust the price tags brands decided to slap on their models.
Sometimes, you can buy a cheap car and end up spending a fortune on gas, high cost of servicing, maintenance, repairs, and parts in the long run. On the other side of the spectrum are cars that balance high-tech features, class-leading performance, and adequate passenger/cargo space, and still offer competitive pricing. Let's dive into a list of the five most overpriced new cars and compare them to five models that offer incredible value for the money.
10 Overpriced: 2022 BMW M4
From the stables of one of the finest automakers in the world comes the beautifully designed high-performance second-generation BMW M4. For the 2022 model year, this beauty is available as a coupe or a convertible with a soft top.
Both available engines, the 473 hp twin-turbo, and the 503 hp alternative offer snappy 0-60 mph time of fewer than 4 seconds. It's a great car, no doubt, but with its $72,795 starting price in your pocket, there are tons of better alternatives in the market.
9 Overpriced: 2021 Maserati Ghibli
For a luxury car that starts at a steep $73,685, one would expect it to offer first-class features and stellar performance. Unfortunately, the 2021 Maserati Ghibli doesn't quite measure up to similarly-priced BMW 550i and Audi A7 in terms of luxury, design, and space.
Apart from the tight rear quarters, the interior of the 2021 Ghibli also sports low quality and uninspiring features. When you throw in the poor handling, terrible depreciation, and the absence of safety assist features on the base trim, you have a very overvalued car.
8 Overpriced: 2022 McLaren Artura
A supercar by all standards, the all-new 2022 Artura is powered by a hybrid V6 generating 671 hp and 531 lb-ft of torque. Riding on a new and lighter platform, the Artura has a limited top speed of 205 mph and a 0-60 mph time of 3 seconds.
Coming from a brand that isn't renowned for reliability and after-sale customer service, the price tag of $225,000 is
a bit outrageous. Add to that high servicing fees and high cost of maintenance/parts, and you find out that the Artura is seriously overpriced.
7 Overpriced: Hongqi L5
Made by the oldest automaker in China, the Hongqi L5 debuted in 2013 and is available in three variants. To propel the 6945 pounds giant around, Hongqi uses a 6-liter V-12 engine that generates a beggarly 408 hp and 406 lb-ft of torque.
The surprisingly upscale interior boasts some very costly details, comfortable seats, a superb infotainment system, and a Bose sound system with a 6-disc CD changer. All these features, however, do not justify a price tag of $1.2 million which we consider to be too high.
6 Overpriced: 2021 Maserati Quattroporte
With its stylish and eye-catching exterior, the 2021 Maserati Quattroporte is a luxury car that is designed to stand out. For power, you can choose either a 424 hp 3-liter twin-turbo V-6 or a 3.8-liter twin-turbo V8 engine that produces up to 580 hp.
Also on offer is an all-new easy-to-use infotainment system with a 10.1-inch touchscreen and all the proper high-tech connectivity features. However, the 2021 Quattroporte with its base price of $104,185 pales in comparison to the similarly priced Mercedes-Benz S-Class.
5 Worth Every Penny: 2021 Toyota Avalon
First produced in 1994, and currently, in its fifth generation, the Toyota Avalon is the largest front-wheel sedan built by Toyota. The 2021 model, unveiled in July 2020, is offered in several trims and has a price range of $37,150 to $44,425 from the base trim to the top trim.
With a choice of 2 efficient powertrains available for propulsion, the 2021 Avalon also boasts enormous space for passengers and cargo. Also on offer is an elegant interior, comfortable ride, and a long list of standard driver-assist features.
4 Worth Every Penny: 2021 Kia Forte
The Kia Forte, a compact sedan currently in its third generation of production, replaced Kia Cerato in 2008. Available in five trims, pricing for the 2021 Kia Forte starts from $18,885 (for the base trim) to $24,085 (for the top trim).
Power is supplied either by a 147 hp 4-cylinder engine or a 201 hp turbocharged 4-cylinder engine. Although it is priced much lower than segment leaders like Mazda 3 and Honda Civic, the 2021 Kia Forte packs similar features while offering excellent fuel efficiency.
3 Worth Every Penny: 2021 Honda Odyssey
Since its arrival in the 1995 model year, the Honda Odyssey has seen five generations of updates. The 2021 Honda Odyssey is offered in five trims, and with a starting price of $33,015, it is more reasonably priced than rivals.
Powered by a smooth V-6 engine, the 2021 Odyssey can haul people and cargo in comfort, quiet, and safety. With a wide array of family-friendly features, an intuitive infotainment system, and high-tech driver-assist/safety features, it offers great value for its price tag.
2 Worth Every Penny: 2021 Kia Telluride
The award-winning Kia Telluride is a midsize crossover SUV that first hit the stands in 2020. Available in four trims with a price range of $33,415-$43,715, the 2021 Telluride offers a level of luxury that similarly-priced cars can only dream of.
Behind the grille lies a 291-hp V6 engine generating 262 lb-ft of torque and delivering through an 8-speed automatic transmission system. A fully loaded infotainment system brings a world of technology within reach of your fingertips while the standard safety features ensure safe operations.
1 Worth Every Penny: 2020 Ford Mustang Ecoboost
For just $27,865 you can get yourself a nice car that is fast, and stylish. The 2020 Ecoboost is driven by a 2.3-liter turbocharged 4-cylinder engine that generates 310 hp and 350 lb-ft of torque. Armed with this much power, the Ecoboost sprints from 0-60 mph in 5.1 seconds and has a top speed of 155 mph.
With the optional Handling package, the mustang Ecoboost gives a smooth ride quality. European brands with similar performance stats all come with much higher price tags than the 2020 Ford Mustang Ecoboost.