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Used Car Prices Are Down: These Are the 15 Most Reliable Cars in 2024
By Jenny Cohen,
3 hours ago
Used cars may be a good option for those who want to save a little money so they can get ahead financially .
The good news is there are plenty of cars available on the used car market that are not only affordable but also reliable. Check out these options for a new-to-you car.
Why you should buy it: Good hybrid for those on a budget
You can get a Toyota Rav4 hybrid that will trim your gas costs, and you won’t have to pay a fortune. The 2016 model comes in under $20,000, according to Kelley Blue Book.
Whether you buy a Rav4 or any other car on this list, one way to lower your vehicle costs even more is to shop around and find the best deal on auto insurance .
Why you should buy it: Space for both people and cargo
One of the great things about the Honda Pilot is that it has plenty of space for everything and everyone.
The Pilot can seat eight and has plenty of room for cargo. It also has a reputation for being reliable.
3. 2019 BMW 2 Series
Courtesy of Car and Driver
Why you should buy it: Reliability
If you want a luxury car, purchasing one on the used car market can save you money without compromising on the luxury.
For example, the 2019 BMW 2 Series includes plenty of high-end finishes, performance, and reliability without the extra cost of buying a new one off your local dealer’s lot.
The Mustang is a well-known sporty car from an American carmaker with a solid reputation.
Just remember that, like other vehicles in its segment, the Mustang has rear-wheel drive, which can be an issue if you plan to drive it in snow or other nasty winter weather.
5. 2012 Honda Civic
Courtesy of Car and Driver
Why you should buy it: Practical and reliable
Older models may not be as flashy as newer cars, but they can help you keep costs down if you’re on a tight budget. That’s why you might want to check out a 2012 version of the Honda Civic.
Kelley Blue Book estimates that the car will cost less than $10,000 on the used car market. Compare models to see if you can get one that’s been cared for and has lower mileage.
6. 2009 Toyota Highlander
Courtesy of Car and Driver
Why you should buy it: Plenty of features
Another budget-friendly option is the 2009 Toyota Highlander mid-size SUV.
This vehicle also comes in at less than $10,000, according to Kelley Blue Book. That could make this Highlander an enticing option if you're on a tight budget.
Check out the Audi A4 if you’re in the market for a luxury used car.
The 2020 version of this car has great ride and handling features and a turbocharged engine that can get up to 27 miles per gallon in the city and 35 miles per gallon on the highway.
8. 2017 Nissan Leaf
Courtesy of Car and Driver
Why you should buy it: Electric vehicle
You don’t have to settle for a gas-powered car: Check out the 2017 Nissan Leaf with its eye-catching design and electric engine.
It also gets higher marks for reliability than similar and better-known sedans such as the Toyota Prius.
9. 2018 Toyota Avalon
Courtesy of Car and Driver
Why you should buy it: Comfort and space
The Avalon can be a good option if you want plenty of space from a large, four-door sedan that's also among the most reliable in its class.
The Mazda MX-5 Miata is a good get-up-and-go option if you want something sporty without paying extra dollars to fill the gas tank.
The interior space and trunk, however, are a little tight. So, this might be a better car for fun drives than a trip to Costco.
14. 2013 Porsche Boxster
Courtesy of Car and Driver
Why you should buy it: Sporty luxury
Consider picking up a used Porsche Boxster if your budget has some extra room. The Boxster offers sporty fun while also providing plenty of luxury inside with its eye-catching exterior.
This version of the Porsche is estimated to cost less than $40,000 on the used market, according to Kelley Blue Book, but offers the looks of a more expensive car.
15. 2011 Chevrolet Volt
Courtesy of Car and Driver
Why you should buy it: Plug-in hybrid
Try out a plug-in sedan without having to splurge. The 2011 Chevrolet Volt gets about 35 miles of range on its electric engine, with more than 300 additional miles on the gas-powered engine for longer trips.
Buying this car is a good way to try out an EV-related option for less than $10,000, according to Kelley Blue Book.
Bottom line
A used car is a good option if you’re trying to boost your bank account . Just make sure to choose something reliable.
The cars on this list can be great candidates for a new-to-you car that won’t disappoint you. Make sure you test drive every car and get it checked out before buying, though, as every individual car's condition can vary quite a bit.
Money tips that can work for everyone
No matter what your bank account balance is, there's always an opportunity to optimize and improve your finances. Here's a quick checklist of things you can look at today.
Focus on paying off your debt. Debt can hold you back from making progress with your overall financial well-being. Aside from cutting expenses, there are tools that can help you pay off debt faster like balance transfer credit cards and debt counseling.
Earning extra income can give you breathing room. If finances are tight, earning some extra money to supplement your income can make a huge difference. A new job is one option to consider, but if you're not ready to make a big change or already retired, a part-time side job could be a better choice.
Cut your expenses. It sounds painful and so not fun, but it doesn't have to be. Take a look at your biggest expenses because that's where you'll probably find the biggest savings. For example, auto insurance rates have been soaring so shopping around for a new insurance company can be the fastest way to cut your bill. Also, look for ways to cut your grocery bill (despite rising inflation).
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