Luxury is a relative term and it does not always just refer to the premium brands. Luxury could simply be any car that you happen to want, despite its price. For example, some car models may be more expensive than others, but very attainable under the right circumstances. So the experience of getting any high-end car could be a luxury, too.

No, Toyota is the Parent company while Lexus is the luxury company. Same with Nissan and Infiniti. Well, Lexus is a subsidiary of Toyota.

Numerous new car models, which are well affordable, are ruling the market presently. They are available in multiple colors from which you can choose easily. Some of the leading affordable new car models are Mazda 3 4-Door Sport, Toyota Yaris LE, Fiat 500 Pop, Mitsubishi Mirage G4 ES, Nissan Versa Sedan S Plus, Hyundai Accent SE Sedan, and Ford Fies