Over the years the value of vehicles depreciates, no matter if it is a premium model or a regular one. However, the depreciation value differs for each vehicle. But if you are talking about finding a luxury car over 10 years old under 10k and that too with the label of brand new, then you are highly mistaken. No matter how much dip there is in the value, you can never expect a vehicle that costs over $60,000 or $70,000 to be available at such a low price. The only way for you to get your hands on a luxury vehicle at a low price of $10,000 is by going for its used models.