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Best Used Cars to Save Money

US News & World Report's Best Cars Blog released a list of what they consider the best used vehicles to purchase if saving money is high on your list.

This list featured their top 10 picks based on the vehicle's Cost to Own score -- basically how much owning one of these vehicles will cost over five years of ownership - including things like repairs, insurance, depreciation, fuel, and other factors.

Vehicles on the list include the 2010 Honda Fit, 2012 GMC Terrain, 2012 Buick Enclave, and 2009 BMW X3. The full list is below.

Used Cars with Low Ownership Costs

CategoryVehiclePrice Range
Used Small Car2010 Honda Fit$10,000-$12,000
Used Compact SUV2012 GMC Terrain$15,000-$20,000
Used Luxury Compact SUV2009 BMW X3Under $25,000
Used Midsized Car2009 Honda AccordUnder $15,000
Used Midsized SUV2012 Buick Enclave$20,000-$25,000
Used Large Car2014 Toyota AvalonOver $20,000
Used Large SUV2010 Toyota SequoiaUnder $30,000
Used Sports Car2010 Ford MustangUnder $20,000
Used Hybrid Car2014 Honda Accord Hybrid$20,000.00

3 Steps Every Car Buyer Needs to Take to Save Maximum Money

The key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:

Step 1 Get Prices From My Trusted Network

Select the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Select Vehicle to Get Local Pricing

Step 2 Get Prices From TrueCar / CarsDirect

TrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.

Step 3 Complete my Checklist

Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan

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About The Author

Gregg Fidan Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

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