Which Car Is Best Under 5000?

by | Last updated on January 24, 2024

, , , ,
  • 2011 Nissan Versa. …
  • 2009 Nissan Sentra. …
  • 2008 Mazda6. …
  • 2008 Ford Focus. …
  • 2006 Honda Civic. …
  • 2005 Toyota Corolla. …
  • 2005 Honda Accord. …
  • 2005 Toyota Camry. Consistently positive reviews earn the Toyota Camry a spot on our list.

How long will a $5000 car last?

A $5,000 car is a 7-year-old Nissan Sentra or Mazda 6 with 100K miles on it. That car will probably run for another

50-150,000 miles over 5-15 more years

while needing a few minor repairs and a major repair.

What’s the cheapest used car to buy?

  • 2009 Nissan Versa.
  • 2006 Chevrolet Impala.
  • 2006 Hyundai Sonata.
  • 2003 Honda Accord.
  • 2003 Toyota Corolla.
  • 2004 Toyota Prius.
  • 2002 Lincoln Town Car.
  • 2001 Lexus ES 300.

How much is a decent car?

Average New Car Price by Vehicle Segment Vehicle Segment Average Price
Full-size car


$36,487
Full-size pickup truck $51,424 Full-size SUV/crossover $66,811

What kind of car can I get for 3000?

  • 12 Used Cars You Can Buy For $3,000 or Less. The need for super-cheap used cars has never been greater. …
  • 2013 Nissan Versa. Asking Price: $2,554 | Mileage: 131,370. …
  • 2013 Hyundai Elantra. …
  • 2013 Ford Fiesta. …
  • 2011 Dodge Grand Caravan. …
  • 2014 Nissan Sentra. …
  • 2013 Chevrolet Sonic. …
  • 2012 Toyota Camry Hybrid.

What used cars sell the fastest under 5k?

  • 2007-2012 Honda Fit. …
  • 2000-2008 Toyota Avalon. …
  • 2004-2006 Scion xB. …
  • 1998-2011 Lincoln Town Car. …
  • 1997-2006 Lexus ES. …
  • 2004-2006 Scion xA. …
  • 2002-2006 Toyota Camry. …
  • 2004-2008 Acura TSX.

What is the most reliable car brand?

Longest-Lasting Car Brands to Reach 200,000 Miles- iSeeCars Study Rank Model % of Cars Over 200k Miles 1

Toyota

2.3%
2 Honda 1.9% 3 GMC 1.8%

How many miles is too many 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.

Is 5000 a good down payment on a car?

As a general rule,

aim for no less than 20% down, particularly for new cars — and no less than 10% down for used cars

— so that you don’t end up paying too much in interest and financing costs. Benefits of making a down payment can include a lower monthly payment and less interest paid over the life of the loan.

How much money do I need to buy a good 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.

What’s the lowest amount you can finance a car?

Generally,

lenders don’t let you finance less than $5,000

, but some direct lenders’ caps are even higher. The good news is you can make the overall cost of your loan more affordable without worrying about the financing limit.

Which is best car to buy second hand?

  • 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 brand car lasts the longest?

Toyota Model Percent of Cars Over 200,000 Miles
Toyota Sequoia

11.2%
Toyota 4Runner 4.1% Toyota Avalon 3.9% Toyota Tundra 3.7%

Is Honda Fit a good car?


The Honda Fit Reliability Rating is 4.5 out of 5.0, which ranks it 4th out of 21 for subcompact cars

. The average annual repair cost is $390 which means it has excellent ownership costs. The severity of repairs is low while frequency of those issues is average, so major issues are uncommon for the Fit.

What car can I afford with my salary?

Financial experts recommend that your monthly payment should be around 10% to 15% of your monthly take-home pay. Additionally, your total monthly car expenses should be

no more than 20% of your monthly income

, and this includes your car payment, insurance, maintenance and gas.

How much should one spend on a car?

According to this rule, pay

at least 20% of the cost as down payment

, do not finance the car for more than four years, and the total monthly expenses on the vehicle should not exceed 10% of gross income. The total amount you end up spending depends on a variety of factors including some that are mentioned below.

How much is a car a month?

In 2021, the average car costs $42,258 with an average payment of

$563 per month

, according to data from Kelley Blue Book and LendingTree. Beyond the sticker price and payments, however, there are the costs of gas, insurance, oil changes and other expenses car owners need to consider.

What is a cash car?

By definition, a cash car is

one that is purchased in full, without financing

. This means a buyer purchases a car for the sticker price (or less if negotiated) and avoids interest paid in fees to the bank or dealership. Buying a car without a monthly payment is important because cars quickly depreciate in value.

What is the fastest selling car?

Vehicle Average Days To Sell Average Price
Tesla Model Y

24.7 $67,121
Toyota Prius Prime 25.8 $28,844 Honda Insight 25.9 $27,191

What is the fastest selling used car today?

When it comes to used cars — iSeeCars notes that used car prices are up 36.9% compared to last year. The fastest-selling used car is the

Tesla Model Y

, topping a list that is led by alternative-fuel vehicles.

Are Ford Fusions good cars?


Yes, the 2020 Fusion is a good used sedan

. It impresses with its comfortable cabin, intuitive infotainment system, gentle ride, and zesty handling. It also has a large trunk, low projected ownership costs, and one of the highest predicted reliability scores in the midsize car class.

Is a Ford Focus a good car?


The Ford Focus Reliability Rating is 4.0 out of 5.0, which ranks it 27th out of 36 for compact cars

. The average annual repair cost is $569 which means it has average ownership costs. The frequency and severity of repairs are both fairly average when compared with all other vehicles.

Is a Nissan Altima a good car?

Is the Nissan Altima a Good Car?

The Altima is a good mid-sized car

with powerful engines, excellent fuel economy, a relaxed ride, and comfortable seating. It can also handle winter roads and features a 9.6 out of 10 safety rating.

What car brand has least problems?

  • Kia.
  • Buick.
  • Hyundai.
  • Genesis.
  • Toyota.
  • Lexus.
  • Porsche.
  • Dodge.

What is the number 1 most reliable car?

Ranking Brand Score 1

Lexus

76
2 Mazda 75 3 Toyota 71 4 Infiniti 69

What car is better Ford or Toyota?

According to the J.D. Power Vehicle Reliability Survey,

Toyota is ranked as more reliable than Ford

. Toyota scored 5 out of 5 in reliability while Ford scored a measly 3 out of 5.

David Evans
Author
David Evans
David is a seasoned automotive enthusiast. He is a graduate of Mechanical Engineering and has a passion for all things related to cars and vehicles. With his extensive knowledge of cars and other vehicles, David is an authority in the industry.