Best Used Cars Under $5,000
KBB recently put together a list of what they consider to be the best used cars under $5,000 right now. Most of the vehicles are from model years 2004 to 2008, with the exception of the 2011 Kia Soul. I recommend using CarGurus.com to search these vehicles in your local regions.
Best Cars Under $5,000
|1||2005 Toyota Avalon|
|2||2006 Toyota Camry|
|3||2006 Honda Accord|
|4||2006 Toyota Corolla|
|5||2008 Honda Civic|
|6||2011 Kia Soul|
|7||2008 Scion xB|
|8||2004 Lexus ES|
|9||2008 Mazda Mazda3|
|10||2007 Pontiac Vibe|
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe 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 NetworkSelect 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).
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, 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 ChecklistFollow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid