The average new car transaction price these days is nearly $50,000, which isn’t great when you consider the median income in this country is about the same. So if you need to replace your current car but can’t afford something new, you definitely aren’t alone. Decades of wage stagnation have put Americans in a tough spot and not just when it comes to being able to afford a new car.
The good news is, used cars are far more reliable than they used to be, and you can still get a quality used car for less than $10,000. You may not be able to find all the modern bells and whistles with a sub-$10,000 budget, but you shouldn’t have a problem getting one that’s reliable, fuel efficient and pretty darn comfortable.
To help you in your search for an affordable car that’s new to you, our friends at Consumer Reports recently combed through its test results and real-time pricing data to come up with a list of some of the best used cars that you should be able to find for less than $10,000. Of course, pricing is going to vary based on where you are and what’s available, but if you don’t have a lot to spend, the cars on this list make a great starting point.