8 Great affordable used cars to get
Remember: Pricing on these cars will vary according to the cars’ condition and mileage. That being said, here are 8 of the best cars you are likely to find for under $5,000, according to industry experts:
1. Toyota Camry, 2002-2006
Toyota Camrys from the 2002 to 2006 model years should cost you less than $5,000. As of July 2010, 90% of all Toyota Camrys sold since 1995 were still on the road. This remarkable statistic shows the car’s durability and reliability.
Camrys are the gold standard of reliability. Though they aren’t the most stylish cars, they’re practical, fuel-efficient and have a proven track record for standing the test of time.
2. Toyota Sienna, 2004 to 2010
Not every vehicle under $5,000 is a sedan or compact car. You can buy a Toyota Sienna for about that price. And while we don’t want this entire list of vehicles to be Toyotas, it’s no surprise that there’s more than one: Toyota makes cars that last.
The Sienna is perfect if you’re starting a family and want a safe, reliable car on a budget. Some models even have all-wheel drive for better handling. There aren’t going to be hundreds of options here, but you’ll still have choices if you stick to this model year range.
3. Fiat 500, 2008-2015
If a newer model is a priority for you, you can snag a Fiat 500 for $5,000 or less. As a compact car, the Fiat 500 is great for city driving and parking. It even gets up to 28 mpg in the city and 33 mpg on the highway.
Keep in mind that because the model are newer, you aren’t going to have as many choices. You might have to compromise on features. But that will still get you an affordable car at a great price point.
4. Ford Escape, 2001 to 2007
Ford debuted the Escape in 2000 for the 2001 model year. As the manufacturer’s first SUV, lots of Escapes were sold immediately. This means that it’s even easier to snag one now, and for $5,000 or less.
Like all Ford models, parts are standard, easy to come by, and inexpensive. The cargo area is large and you get your money’s worth with an SUV at this price point.
5. Ford Focus, 2008 to 2011
The Ford Focus is a popular choice when you’re looking for an inexpensive used car because it’s priced at an affordable price point new. This means you can get a more recent model for less.
Because it’s popular, and the mechanics aren’t overly complicated, it’s easy to fix if something breaks. There are a lot of Ford Focuses for sale, too. This means you’ll get more choice and options on different cars.
6. Honda Civic, 2006 to 2010
Honda sells hundreds of thousands of Civics in the US every year. This means that there are thousands of Civics across the country for under $5,000, too.
The best part about Civics is that there are a range of models, all of which are affordable. In fact, you’ve got the coupe, sedan and even a hybrid to pick from. There are always a lot of Civics for sale, and in this model year range, you can get one well within your $5,000 budget.
7. Subaru Outback, 2005 to 2009
The Outback is a bestseller new and used. And while a model from 2005 to 2009 is a bit older and will have some miles on it, the benefits far outweigh those minor issues.
In fact, the Outback comes with a standard all-wheel drive system. This is great if you live in a climate where it snows. With more cargo room than a sedan, you can carry more, too.
8. Acura TL, 2003 or earlier
Honda manufactures Acura vehicles, so it’s no surprise they’ve landed on the list. The sedan comes with a V6 engine and other upgrades for the $5,000 price tag.
The trade-off is that while you’ll have an older car, you’ll also get reliability and some upgrades you otherwise wouldn’t.