The entry-level luxury car has been a solid play on the car side of the new-vehicle market, with many consumers preferring utility vehicles over cars these days.

Not to mention, says Autotrader senior analyst Michelle Krebs, marketing the luxury cars that are in smaller sizes and price brackets has given luxury brands the chance to more effectively reach millennials and then keep them within the brand as their financial situations improve over the years. And that’s especially true for the pre-owned segment.

“Indeed, Autotrader studies show millennials aspire to own luxury cars but haven’t been financially able to acquire them,” Krebs said in the latest Autotrader Scarcity Data Analysis provided to Auto Remarketing. “However, entry-luxury cars make their dream more accessible, and pre-owned ones even more so.

“To that end, the entry-luxury CPO BMW 2 Series was the most sought-after and most elusive vehicle on Autotrader’s July scarcity list nationally and, specifically, in the Los Angeles market, the nation’s largest market for luxury vehicles along with New York,” she added.

Other entry-luxury cars that earned some traction in July were the Mercedes-Benz CLA — which was No. 5 on the CPO scarcity list in Los Angeles and eighth in Chicago — as well as Audi’s A5, S5 and S4.

Though the BMW 2 Series topped the national CPO scarcity list, these Audi models carried their weight, as well: the S4 was No. 5 nationally and the S5 was No. 8.

The Audi A5 was not on the top 10 national CPO list, but made the top 10 in Atlanta, Dallas-Fort Worth, Philadelphia and the San Francisco-Oakland-San Jose market.

The full scarcity charts can be seen below: