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.
Is 5000 good for a first car?
Experts recommend that you spend $5,000 to $10,000 on your first car. But honestly, it all comes down to what you can afford. Here are a few simple tips to help you calculate a figure that would work well for you: Don’t spend more than 15% of your gross pay or 20% of your take-home pay.
Can you buy a car with 5000 dollars?
With older vehicles, buying from a private party can sometimes yield more value than shopping at a dealership. It’s still possible to get good cars for under $5,000 at dealerships, but the private market tends to have lower asking prices and some sellers have detailed maintenance records to show off.
What is the cheapest 2nd hand car?
Cheapest used cars
- Fiat Panda.
- Vauxhall Corsa.
- Fiat 500.
- Volkswagen Up.
- Peugeot 108.
- Kia Picanto.
- Dacia Sandero.
- Suzuki Celerio.
What is the best car under 5000? – Related Questions
How can I buy a car with low money?
How to Buy a Car For Cheap
- Pay Cash. One of the best ways to save money on a car loan is to not get a loan at all.
- Get Pre-Approved.
- Improve Your Credit Score.
- Choose the Right Time of Year.
- Buy a Manual.
- Don’t Do a Trade-In.
- Try Auctions.
- Lease a Vehicle.
What kind of car can I get for 3000?
- 12 Used Cars You Can Buy For $3,000 or Less. The need for super-cheap used cars has never been greater.
- 2013 Nissan Versa. Asking Price: $2,554 | Mileage: 131,370.
- 2013 Hyundai Elantra.
- 2013 Ford Fiesta.
- 2011 Dodge Grand Caravan.
- 2014 Nissan Sentra.
- 2013 Chevrolet Sonic.
- 2012 Toyota Camry Hybrid.
Which car has least price?
Best Budget Cars in India under 3 lakh
- Bajaj Qute. Available in both petrol and CNG variants, the Qute from Bajaj justifies its name, along with maximum fuel efficiency.
- Datsun Redi-GO. The Datsun Redi-Go is another hatchback in this list of the best budget cars in India.
- Renault Kwid.
- Maruti Alto 800.
Which car has the best second hand value?
Top 10 Resale Value Cars
- 2022 Toyota Tundra. Toyota has a super-hot offering in the Tundra.
- 2022 GMC Sierra. The GMC Sierra is another top pick for retained value in the pickup truck category.
- 2022 Toyota Tacoma.
- 2022 Chevrolet Corvette.
- 2022 Ford Maverick.
- 2022 Toyota 4Runner.
- 2022 Tesla Model X.
- 2022 Ford F-Series.
Which second hand car is best to buy?
Recommended Cars
- 2019 Honda City. i-VTEC VX.
- 2016 Renault Duster. 110PS Diesel RxL AMT.
- 2018 Honda Jazz. VX CVT.
- 2016 Volkswagen Polo. 1.2 MPI Highline. ₹ 5,15,000.
- 2019 Maruti Ciaz. Alpha BSIV. ₹ 9,26,000.
- 2014 Maruti Wagon R. VXI BS IV. ₹ 3,54,000.
- 2020 Renault Duster. RXZ Turbo. ₹ 10,75,000.
- 2015 Hyundai Creta. 1.6 CRDi SX. ₹ 7,90,000.
What is the best but cheapest car to buy?
Top 10 best cheap cars
- Duster SUV.
- Sandero hatchback.
- Aygo X hatchback.
- ZS SUV.
- Picanto hatchback.
- Clio hatchback.
- C3.
- i10 hatchback.
What cheap cars are most reliable?
Top 10 most reliable small cars to buy 2022
- Hyundai Kona – 95.71%
- Kia XCeed – 95.56%
- MINI Hatchback – 95.48%
- Kia Rio – 94.45%
- Kia e-Niro – 94.36%
- Renault Captur – 94.27%
- Honda Jazz – 93.95%
- Kia Picanto – 93.92%
Which car gives less problems?
Beyond the brands: The most and least reliable vehicles
| Rank |
Most Reliable |
Least Reliable |
| 1. |
Toyota Prius |
Chevrolet Silverado/GMC Sierra 1500 |
| 2. |
Lexus NX |
Subaru Ascent |
| 3. |
Buick Encore |
Volkswagen Atlas |
| 4. |
Lexus GX |
Jeep Compass |
What is the cheapest month to buy a car?
According to Edmunds data, December has the year’s highest discount off MSRP — 6.1% on average — and the highest incentives. Automakers and dealerships want to close the year with strong sales. They also want to get rid of the prior model-year cars that are taking up space, so they’re motivated.
Will used car prices drop in 2022?
Average prices were up 42.5% in September 2022 vs. February 2020. Used car prices have likely peaked, but new car prices are set to remain elevated through end-2022. In 2023, prices are expected to decline by 2.5% to 5% for new cars and by 10% to 20% for used cars.
What is a good car payment a month?
Financial experts recommend spending no more than 10% of your monthly take-home pay on your car payment and no more than 15% to 20% on total car costs such as gas, insurance and maintenance as well as the payment.
What is the best time of day to buy a car?
Best day to buy a car
Car buyers might be better off going to the dealership on Sundays, when they can save an average of 10% off MSRP, according to a 2020 study by TrueCar. Tuesdays are the next best time to buy a car, the study found.