A few weeks ago, Edmunds.com released a study that showed that used car prices were up across the board. That sounds like it could be bad news if you are in the market for a brand-new, old car. In truth, it’s not. According to the same study there are still cars out there that are great buys. CBS asked Edmunds to find good deals in the hot used market today--here they are.
Subaru makes incredibly reliable cars—just ask anyone living in the northeast who’s driven them through hard winters for years. The 2012 Impreza was a special car—it got a new, more fuel-efficient engine, good handling combined with a comfortable ride. While it’s slower than its predecessor, its still quick enough to keep up with modern day traffic—and it’s just as economical and practical whether you are going to Whole Foods or heading for a camping trip. Think of it as a mini Subaru Legacy—it’s got 4-wheel drive for those moments when you find yourself caught in an unexpected rain or snow storm. According to Edmunds you can find them on the used market for right around $18,000.
While it may be a bit of a snooze, the Altima is a reliable car and a great commuter. It’s got a very comfortable ride and is pretty fuel-efficient. Go for the bigger V6 engine if you can find it, even if reviewers said it was a bit noiser off the line, it’s worth it for the acceleration and power. If you can land one for around $14,890, you’ve found a deal.
A super reliable kid hauler with room for groceries? Sounds great, right? Meet the 2012 Hyundai Tuscon. If you can find one with the larger engine (the 2.4 liter) snap it up. The smaller engine version is underpowered especially on the road with big, fast, SUV’s today. Bonus, it also has USB ports and a pretty sweet stereo system as standard. You can expect to pay right around $17,300 for one in good shape.
Need something to haul an RV, a boat or a horse trailer? The Dodge Durango is right up your alley. It has a towing capacity of up to 7200 lbs. (depending on your model—AWD vs. RWD and engine trim level) and is a fuel sipper if you need to be conscientious about your consumption. The bad news is that the Durango will still run you a pretty penny with a good price hovering around the $25,000 range.
If you haven’t noticed…these pick-up truck like things are EVERYWHERE and there’s a reason why. They were discontinued in 2014, which means they were sold at discount rates to move inventory right before they were discontinued. The other reason—the Ridgeline rides like a car and the tailgate opens both down and to the side making it easy to load and unload and it can carry a payload of up to 1500 lbs. Honda is also planning a Ridgeline comeback in 2016—and the new edition will look a bit less oddball. Look for one in the mid $25,000 range and snap it up.
For all your used car needs check out the inventory in your area through Instamotor. We take the fear out of buying a used car in the private market, so why not jump in and buy that new, used car you’ve been eyeing?
Digital media content producer/consultant & former CNN senior producer, now running CN'TRL : Cars, Tech, Real Estate & Luxury.