10 Best Used Cars Under $5,000
- 2009 Nissan Sentra.
- 2008 Mazda6.
- Sponsored.
- 2008 Ford Focus.
- 2006 Honda Civic.
- 2005 Toyota Corolla.
- 2005 Honda Accord. The Honda Accord is a midsize sedan with roomy back seats that easily fit three adults.
- 2005 Toyota Camry. Consistently positive reviews earn the Toyota Camry a spot on our list.
What is a good first car under 5000?
That being said, here are 8 of the best cars you are likely to find for under $5,000, according to industry experts:
- Toyota Camry, 2002-2006.
- Toyota Sienna, 2004 to 2010.
- Ford Focus, 2008 to 2011.
- Honda Civic, 2006 to 2010.
- Subaru Outback, 2005 to 2009.
- Acura TL, 2003 or earlier.
Where is the cheapest area to buy a car?
And the Cheapest State to Buy a Car is…
New Hampshire is the overall winner in the cheapest state to buy a car race because of the state’s super low registration fees, and no sales tax. Florida slides into second place with a diverse inventory, and car prices that are 10% below the national average.
What is a good mileage for a used car?
The average car gets in 10,000 to 12,000 miles per year, so used cars with an annual average lower than that can be considered as having good mileage. Simply divide the odometer number by the car’s age in years to determine it’s annual average.
What is the best car under 5000? – Related Questions
Which brand of car is most reliable?
Based on Consumer Reports survey, these are the most reliable car brands, from best to worst, followed by the five most reliable car models.
- Toyota. Toyota. Reliability score: 72/100.
- Lexus. Lexus.
- BMW USA. BMW.
- Mazda. Mazda.
- Honda. Honda.
- Audi. Reliability score: 60/100.
- Subaru. Reliability score: 59/100.
- Acura. Acura.
How old should I buy a used car?
In retaining “like new” quality and inheriting a slower depreciation rate, the best used car age for buying is 2-3 years. In fact, Americans are saving up to $14,000 on a 3-year-old vehicle. For example, a car that may have cost you $30,000 when new would cost around $16,000 after just 3 years.
What should you not buy a used car?
Used Cars to Avoid Buying
|
Model |
Year(s) to Avoid |
| Mercedes-Benz |
GLE |
2020 |
| Mini |
Cooper |
2011-2013, 2015, 2018 |
| Mini |
Cooper Clubman |
2011-2013, 2015, 2018 |
| Nissan |
Altima |
2014, 2016 |
Is buying a 10-year-old car worth it?
When buying a used car that’s 10-years-old or older, your primary concerns are purchase price and reliability. Don’t pay more than that 10-year-old car is worth. And, pick a car with a solid reputation for dependability. No car is really too old if you follow those rules.
What mileage do cars start having problems?
Generally, vehicles are likely to start experiencing problems after the 100,000-mile mark. Also, in most cases, they no longer have a valid manufacturer’s warranty, meaning you have to pay for repairs out of your own pocket when something goes wrong.
Is it good to buy a 3 year old car?
Even with the incredible rise in used-car values, it’s still a wise financial move to buy a 3-year-old car instead of a brand-new one. That’s because they have many of the same safety and comfort features found in brand-new cars.
Should I sell my 3 year old car?
While it’s completely up to you whether or not you sell up to buy a new model, if you want to get the most out of your current car it’s best to wait until it’s at least three years old, otherwise, you stand to lose a pretty substantial amount of money. Ultimately, the choice is yours.
How many years is considered old for a car?
Classic vehicles might range in age from 10 to 50+ years old, and the term “classic car” may include vintage, antique, and collector vehicles.
What should you not tell a car salesman?
5 Things to Never Tell a Car Salesman If You Want the Best Deal
- ‘I love this car. ‘
- ‘I’m a doctor at University Hospital. ‘
- ‘I’m looking for monthly payments of no more than $300. ‘
- ‘How much will I get for my trade-in? ‘
- ‘I’ll be paying with cash,’ or ‘I’ve already secured financing. ‘
How many miles on a car is too many miles?
How Many Miles On A Car Is Too Many? How many miles on a car is bad? As a general rule, most vehicles begin to seriously degrade at around 150,000 miles. It is considered rare, and therefore outstanding longevity, if a car reaches 200,000 miles on the road.
Is mileage more important than age?
While it’s a good idea to consider the age of a vehicle and the number on its odometer, it’s more important to look at how well the owner maintained the car. A 10-year-old car with 100,000 miles may have received more TLC than a five-year-old model with 50,000 miles.
How do I know if a car is good to buy?
How to Tell if You’re Getting a Good Deal on a Car
- Compare the Purchase Price.
- Never Negotiate Based on Monthly Payment.
- Let Them Sell You.
- Always Counter-Offer.
- Incentives & Rebates.
- Know What Fees You Should (or Should Not) Pay.
- Don’t Forget the DMV.
- Service Matters.
Which is better older car with low miles or newer car with high miles?
In general, buying a higher mileage newer is better than buying an older car with less miles. The reason for this is simple: parts in a car, especially the rubber components deteriorate over time, regardless of mileage.