Best used car deals under $20,000
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You don't need to spend a lot of money to get a good car. To stretch your budget, you'll get more for your money buying a safe, reliable used vehicle than a small, less-equipped new car. To make it easier to find what you're looking for, we have identified some of the best used deals on the market today.
Buying a used car has benefits. Most important is that the original owner takes the initial depreciation hit, as new cars lose much more value in the first and second years than those that follow. Also, many used models may have the latest safety equipment (such as curtain air bags and stability control) and are still affordable.
When shopping, look for cars that scored well in Consumer Reports' tests when new, have proven reliability, and perform well in government and insurance industry crash tests. Before handing over the cash, have the vehicle inspected by a trusted professional mechanic to make sure there are no hidden problems.
Check out our top deals for recommended used vehicles from the 2007 model year--cars old enough to have significantly depreciated, but still have more than half their life ahead. The list includes sporty cars, sedans, and SUVs all at a great price. We placed the vehicles in order of the cheapest price you might be able to get when buying from the dealer. The models listed below are between 37- and 52-percent less than the retail price when the vehicle was new. Plus, all of the models have at least average reliability according to our latest subscriber survey. Of course, buying from a private seller could yield greater savings.
Make & model | MSRP (new) | Buying from dealer avg price | Drop in retail value vs. MSRP |
$16,099 | $10,025 | 38% | |
$21,370 | $10,875 | 49% | |
$18,895 | $11,150 | 41% | |
$21,085 | $12,300 | 42% | |
$22,520 | $12,375 | 45% | |
2007 Mazda6 s wagon | $26,180 | $12,575 | 52% |
$22,935 | $12,725 | 45% | |
2007 Mitsubishi Outlander 4WD | $23,770 | $13,150 | 45% |
$25,225 | $13,200 | 48% | |
$25,300 | $13,475 | 47% | |
$23,390 | $13,900 | 41% | |
$26,875 | $14,275 | 47% | |
$22,895 | $14,475 | 37% | |
$27,095 | $14,500 | 46% | |
$26,905 | $14,625 | 46% | |
$27,440 | $15,725 | 43% | |
$31,090 | $16,225 | 48% | |
$31,175 | $16,275 | 48% | |
$28,020 | $16,625 | 41% | |
$28,965 | $17,075 | 41% | |
$30,090 | $17,075 | 43% | |
$36,125 | $19,525 | 46% |
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