For those of you whose budget is a bit tighter than most, don’t worry! The best used cars under 5000 bucks are still pretty fantastic vehicles. Just because you don’t have a lot to spend, that doesn’t mean you have to sacrifice quality. The number of cars under five thousand dollars is honestly impressive.
These days, most people don’t have the luxury of buying new cars every couple of years—or even every couple of decades. The market is expensive and people just don’t have as much money as they used to.
This is an era of saving. People, now more than ever, are inclined to cut corners on costs wherever they can, because no one knows what the future holds. The economy is a fickle creature, and there may be another recession hiding around the next bend.
Well, all of that doesn’t mean you have to be content with driving around a super old or run down car. The best used cars under 5000 dollars aren’t piles of junk—they are darn good automobiles.
Best Used Cars Under 5000 Dollars: The Factors
There are some things to keep in mind before we take a look at the list of the top 5 best used cars under $5,000. The first thing concerns how the list was made and the second is important information you should know before making your pick.
The list in the following section was compiled based on a number of factors, including:
- Fuel Economy
These are all things you need to take into account when buying any car, used or new. Another factor that’s more specific to the second hand market is age—you want a car that isn’t too old.
But you can’t simply rely on this top 5 list you’re about to read. You have to do your own homework, your own research, and compile a list of your own factors.
Some things you need to take into account when you’re browsing this or any other list of the best used cars under 5000 bucks:
The Real Price
The best used cars under 5000 bucks list you’re about to read was compiled based on you paying cash for these vehicles. If you take out a loan from a bank, the high interest rates may negatively affect the ranking of the cars below.
Obviously, the condition of the used vehicle plays a big part in your decision to buy it or not. After all, a 2000 Suburban in perfect condition is a far better deal than a 2010 one with a ruined transmission.
When you narrow down the list below—or when you make your own list—keep in mind you own lifestyle and what kinds of cars would suit it best. Would you be better off with a sedan, SUV, or pickup truck?
Top 5 Best Used Cars Under $5,000: The List
And now, without any further adieu, here is the list of the best used cars under 5000 bucks. Take a look and see if anything strikes your automotive fancy:
1. Honda Civic 1996-2000
2. Honda CR-V 2000-2002
3. Ford Mustang 1997
4. Toyota 4-Runner 1994-1996
5. Nissan 240SX 1990-1998