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Is 5000 enough for a good car?

But for 5000 you should most definitely be able to buy a great used car unless your in New York. I would start at the used car dealerships. Look at used KIAs, Hyundais, maybe Hondas. Hondas might be out of reach unless higher mileage.

but also, Is a 10 year old car still good?

More than half of a car’s original value evaporates in the first five years of ownership. … 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.

besides, What used cars NOT to buy?

30 Used Cars Consumer Reports Gave the ‘Never Buy’ Label

  • Chrysler Town & Country. Chrysler’s new minivan will hopefully rate better than Town & Country. …
  • BMW X5. 2012 BMW X5 | BMW. …
  • Ford Fiesta. Compact cars by Ford had a bad run between 2011 and 2014 | Ford. …
  • Ram 1500. …
  • Volkswagen Jetta. …
  • Cadillac Escalade. …
  • Audi Q7. …
  • Fiat 500.

What is the most reliable inexpensive car? 10 Cheap Reliable Cars

  • Honda Fit.
  • Kia Soul.
  • Chevrolet Sonic.
  • Nissan Kicks.
  • Ford Fiesta.
  • Subaru Impreza.
  • Toyota Corolla.
  • Volkswagen Jetta.

What’s a reasonable price for a used car?

Auto experts say the lowest price for a reliable used car is about $2,500. But they’re quick to note that every additional $1,000 in your budget will allow you to get a newer car that’s been driven fewer miles.


18 Related Questions Answers Found

Is a 20 year old car too old?

Twenty year old cars will likely be in pretty good condition, so long as the car spent its life in a salt free state and was maintained and garaged. … Yes, absolutely you can use a twenty year old car as a daily driver, but you’ll need to pay attention to the following areas, they may need work.

What is the best age of car to buy?

All in all, the best age to buy a used car is around the 5-year mark, as this minimizes depreciation and maximises reliability for the price you’ll pay, meaning you’re less likely to have any problems or need to pay any more money for later on which is a common problem with really cheap or much older vehicles.

Is it bad to buy an old car with low mileage?

There is no hard-and-fast rule for how many miles is too little. In general, a used car with low mileage is usually a good decision, even when mileage seems unusually low. There are some signs that could indicate the car hasn’t been driven enough.

What’s the worst car brand?

The Automobile Study 2020-2021 is part of a much broader set of studies that query 500,000 people on 400 companies across 56 industries and sectors. The car brand with the lowest score was Chrysler at 70, down 4% from last year.

What is the most unreliable car brand?

The most unreliable cars

  • Kia Picanto (2017-present) …
  • BMW X6 (2014-2019) …
  • Nissan X-Trail (2014-present) …
  • Vauxhall Insignia Grand Sport (2017-present) …
  • Mercedes C-Class (2014-present) …
  • Nissan Qashqai (2014-2021) …
  • Jaguar XJ (2010-present) Reliability rating: 86.6% …
  • Ford S-Max (2015-present) Reliability rating: 86.5%

What used cars sell the fastest?

The fastest-selling used car is the Tesla Model 3, with the Tesla Model S and the Tesla Model X also making a list that consists mainly of sports cars and alternative-fuel vehicles.

Which is best car to buy second hand?

Top 10 Used Cars in India

  • Maruti Suzuki Alto. Price: Rs 80,500. …
  • Hyundai i10. Price: Rs 1,40,000. …
  • Maruti Suzuki Swift Dzire. Price: Rs 1,80,000. …
  • Hyundai Santro Xing. Price: Rs 80,000. …
  • Hyundai i20. Price: Rs 2,10,000. …
  • Maruti Suzuki WagonR. Price: Rs 1,25,000. …
  • Hyundai Verna. Price: Rs 1,95,000. …
  • Toyota Innova. Price: Rs 2,50,000.

What car has the least amount of problems?

Here are nine cars for your consideration with the fewest problems.

  1. Nissan Leaf (Top-rated compact car) …
  2. Volkswagen Passat (Top-rated midsize car) …
  3. Toyota Avalon (Top-rated large car) …
  4. Chevrolet Equinox (Top-rated compact SUV) …
  5. Toyota 4Runner (Top-rated midsize SUV) …
  6. Chevrolet Tahoe (Top-rated large SUV)

Can I buy a good used car for $3000?

Yes, you can, but there are trade-offs when you’re looking for a car that cheap. The lower the price of a used car, the older it will be, the higher mileage it will have, and the more chance for damage or title issues. With a $3,000 budget, you shouldn’t expect to find a late-model luxury car or SUV.

Can you get a car for $1000?

The best car you can buy for less than $1000 is most likely to be found at one place. Yes, that $1000 Ferrari is a myth, but for $1000 or less you can often get a surprisingly nice car that has been fleet maintained, and it doesn’t have to be a police car.

How much will a dealership come down on price on a used car?

According to iSeeCars.com, used car dealers cut the price on the average vehicle between one and six times over that 31.5 day listing period. The first price drop is significant — the firm says that the price drops, on average, by 5% the first time the dealer rips the old sticker off the car and pops a new on.

Should I fix my 20 year old car?

Old cars can be unpredictable. Repairing a single problem with an older car doesn’t guarantee that another breakdown won’t happen with another part or system. If you buy a new car, its warranty means you’ll have at least three years (and often far longer) before you have to worry about paying for any major repairs.

Can 20 year old use car?

Union finance minister Nirmala Sitharaman said personal vehicles older than 20 years and commercial ones older than 15 years will have to undergo fitness tests at testing centres under the voluntary vehicle-scrapping policy.

At what mileage should I sell my car?

Even though many modern cars last well past the 100,000-mile mark, what you’ll get for trading it in drops. Because depreciation is constant, it’s best to sell or trade in your vehicle before it hits the 100,000-mile mark.

Is it OK to buy a 5 year old car?

New cars are so reliable that, on average, one could be expected to remain trouble free for years at a time. A five-year-old car may encounter a problem every three years. Even 10-year-old cars would only be expected to have a problem every 18 to 20 months on average.

Is a 6 year old car too old?

As a very general rule of thumb, a car is usually reliable up to 5 years providing it has been maintained. But if you look at the older car market, you’re likely to get a model at an even lower cost. … Theoretically, and depending on your budget, a used car between 2 and 3 years old won’t steer you far wrong.

Should I keep old car?

The “50 Percent” Rule. On a purely pragmatic basis, it’s almost always cheaper to keep an existing car running than to purchase a new one. … If a car looks good and has been maintained meticulously, having a mechanical problem fixed now might prolong its life for tens of thousands of miles down the road.

What mileage is too high for a used car?

There’s no absolute number of miles that is too many for a used car. But consider 200,000 as an upper limit, a threshold where even modern cars begin to succumb to the years of wear and tear.

What car has the longest lasting engine?

The longest-lasting cars and percentage of vehicles exceeding 200,000 miles are:

  • Toyota Avalon, 2.5 percent.
  • Honda Accord, 1.9 percent.
  • Toyota Prius, 1.7 percent.
  • Chevrolet Impala, 1.7 percent.
  • Ford Taurus, 1.6 percent.
  • Toyota Camry, 1.4 percent.
  • Toyota Camry Hybrid, 1.2 percent.
  • Honda Civic, 1.2 percent.

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