The global luxury car market is expected to exceed 700 billion dollars by 2026. That’s a lot of different cars to choose from!

So, are you looking for a hot new luxury vehicle? Are you feeling overwhelmed with all your options? 

Read on to find out about the top luxury cars available in 2023.

1. 2023 BMW 8-Series

If you’re looking for a sports car in 2023, you’ll want to consider the new BMW 8-Series. This two-door model has been redesigned since the previous version and comes in a couple of new shades of blue, green, and grey. The internal touchscreen has also been bumped up a few inches, to 12.3 total.

The M850i version has better fuel economy than the 840i models since they feature a twin-turbo V-8 engine versus a turbo six-cylinder engine.

But, different models have a significant price difference. The retail price for this BMW will begin at $88,495.

2. 2023 Jaguar F-Type

Fast drivers will want to consider the Jaguar F-Type, which has upgraded to the V-8 engine – giving you horsepower of either 575 or 444. All versions of this vehicle have an all-wheel drive option.

However, this car can be quite close quarters on the inside, so if you want a little more room to breathe you might want to look elsewhere. This car also has limited trunk space, if you do a lot of shopping or have children who need things carried around.

But, the stylistic aspects of this care are a major selling point. The starting price for the 2023 Jaguar F-type is $74,675.

3. 2023 Mercedes-Benz EQS SUV

If you’re looking for a bigger vehicle, not a sports car, you might want to think about Mercedes-Benz’s new SUV. This is a completely electric vehicle, so you don’t have to feel bad about investing in such a large car.

You won’t have to sacrifice any creature comforts in this SUV since it features a top-of-the-line panoramic sunroof, elevated seating, a new sound system, heated and ventilated seating, and so much more.

The beginning retail price for this Mercedes-Benz is $105,550.

4. 2023 Land Rover Range Rover

This Range Rover update is thought to be a huge step forward for this brand. You can opt for a hybrid model if you’d like to work towards sustainability (or just save some money on gas.

You’ll also have more clearance in a Range Rover, so if you like to go off the road while you explore the country this is certainly a luxury vehicle you should consider exploring. It also has all-wheel drive, so you won’t have to worry as much when the terrain gets a little tricky.

It’s an excellent choice for people who need more room in the cabin – you’d need to shove a lot of people in there for it to begin to feel cramped. You can even invest in a larger version, with a third row of seats and more cargo space for everything you need to cart around. This car is a great choice for people who get carsick, too, since the suspension offers a smooth ride for all passengers.

Are you not sure if you’re ready to commit? Have you considered leasing to try different luxury cars out? Look into the best luxury car deals today.

5. 2023 Alfa Romeo Tonale

This new crossover from Alfa Romeo is in high demand. It’s a hybrid vehicle (the first of its kind from Alfa Romeo), which is becoming more and more popular. This car has a top-of-the-line dashboard, with a revamped digital gauge cluster, paddle shifters, and so much more. Its red-centric interior design is accented by aluminum trim along with other pops of suede.

You can even add extra driver profiles to your electronic dashboard, which is very helpful if multiple people will be driving your vehicle. You won’t have to adjust everything every single time someone else tries to drive your vehicle. And, there are tons of new safety features to keep all your loved ones safe.

Alfa Romeo hasn’t yet announced a price range for the new 2023 Alfa Romeo Tonale.

6. 2023 BMW XM

Another hybrid model, this entry from BMW has a current estimated starting price of $159,995. The hybrid will also feature a twin-turbocharged engine, with an estimated horsepower of 644.

This car is meant to reach 60 miles per hour in under four seconds, so you’ll be able to transition between speeds with ease. Luxury upgrades for this vehicle haven’t been released, but the base model will still include multiple rows of seats and the now-coveted panoramic sunroof.

Plus, this car features a display that takes up most of the dashboard, there are tons of different features to take a look at. Standard and extended warranty coverage options are expected.

7. 2023 Chevrolet Corvette Z06

This entry from Chevrolet is one that many people have their eyes on. The car features 670 horsepower and boasts a 6-piston front and 4-piston rear brakes. Its new aerodynamic design will let you go as fast as the engine can take you.

The starting price for this vehicle is more than $100,000, so it’s truly a top-of-the-line luxury vehicle.

This vehicle will also come in special editions, to celebrate 70 years of the Chevrolet Corvette. The anniversary will come with specialized wheels, a special plaque, customized luggage, and even an anniversary logo steering wheel cover.  

Top Luxury Cars of 2023: Now You Know

With your new knowledge about 2023’s top luxury cars, you’ll be able to start choosing your next vehicle.

Do you need more advice? Read some of our other posts about vehicles and so much more.