The need to find value in the used car market has never been greater, with high vehicle prices and reduced spending power straining consumer budgets. iSeeCars has identified the best-used cars for the money and ranked them based on the lowest price for every 10,000 miles of remaining lifespan. Both 5- and 10-year-old used cars were evaluated, and only models with either 100,000-plus miles of remaining lifespan (for 5-year-old models) or 80,000-plus miles of remaining lifespan (for 10-year-old models) were considered. Under these conditions, the Chevrolet Trax is the best 5-year-old used car for the money, and the Toyota Avalon is the best 10-year-old used car for the money.
- Chevrolet Trax with an average price of $16,944.
- Mitsubishi Outlander Sport with an average price of $16,748.
- Honda CR-V with an average price of $24,111.
- Buick Encore with an average price of $18,845.
- Jeep Renegade with an average price of $18,231.
The Chevrolet Trax was the #1 ranked used car for money in Lubbock, with an average price of $16,944 and a cost of $1,414 per 10,000 miles.
- The Chevrolet Trax is the best 5-year-old used car for the money, with an average price of $17,274 and 120,000 miles of remaining lifespan
- The Toyota Avalon is the best 10-year-old used car for the money, with an average price of $16,986 and 124,000 miles of remaining lifespan
- The Honda Ridgeline is the best 5-year-old used truck for the money, with an average price of $30,026 and a remaining lifespan of 182,000 miles
- The Honda CR-V is the best 10-year-old SUV for the money, with an average price of $15,726 and a remaining lifespan of 111,000 miles
- The best-used cars for the money are ranked by their price per 10,000 miles of remaining lifespan, with the lowest-priced models representing the highest used car value
The 20 best 5-year-old cars for the money
Chevrolet takes the top-ranked Best Used Cars for the Money spot with its Trax small SUV at an average 5-year-old price of $17,274 with 119,833 remaining miles, or 64.9 percent remaining lifespan. But Honda is the most dominant brand on the list, with seven of the 20 best 5-year-old used cars for the money. The Honda Fit and Insight are in positions 2 and 3, respectively.
Mazda, Mitsubishi, Nissan, and Toyota all have two models in the top 20, while Buick, Ford, Hyundai, and Jeep each have one entry. Twelve of the top 20 best used cars for the money are SUVs.
The 20 best 10-year-old used cars for the money
Toyota is the top brand when it comes to the best 10-year-old used cars for the money, with the Avalon in the top spot and the Prius, Sequoia, Tacoma, 4Runner, RAV4, and Tundra also making the list. Add in three models from its premium sister brand, Lexus, and Toyota occupies half of the top 20 list.
Honda is also well represented with four models, including the CR-V, Accord, Ridgeline, and Pilot. Mazda has two vehicles on the list, followed by Acura, Buick, Infiniti, and Lincoln with one each.
Best 10-year-old used trucks for the money
With 80,000 miles as the minimum remaining lifespan required, only five trucks make the list. Three of them are midsize trucks, with Honda’s Ridgeline again beating Toyota’s stalwart Tacoma for the top spot. Two full-size models, the Chevrolet Silverado 1500 and Nissan Titan, also make the cut, but fall below the segment averages.
Best 5-year-old used trucks for the money
The Toyota Tacoma has a reputation for durability and long life, but the Honda Ridgeline edges ahead of it into the first-ranked spot when it comes to best value for the money. The Ridgeline’s average 5-year-old price of $30,026 is lower than the Tacoma’s price of $33,116, while its remaining lifespan is 7,457 miles higher. The lowest priced best 5-year-old used truck for the money is the third-ranked Nissan Frontier, at just $24,834 with 119,844 remaining miles.
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