To meet our criteria, cars had to be newer than the 2008 model year and commonly available nationwide for under $15,000. Using a combination of owner feedback, reliability ratings, average transaction prices and Forbes Wheels staff expertise, we’ve compiled a list of 20 of the best used vehicles $15,000 will buy in 2023. Glancing at $15,000 used car listings mixes everything from the best Yugo in the world to wrecked Porsches, but most buyers are interested in getting the most value from their dollar out of a daily driver. Additionally, some manufacturers, particularly Honda, have recently extended their CPO programs to include lower gradations of protection on older models. $15,000 is a budget large enough to include some Certified Pre-Owned vehicles, which carry extended manufacturer or dealer-backed warranties. roads is now 12.2 years, according to data from IHS Markit. Thanks to improvements in quality and technology, the average age of cars on U.S. Changes in how vehicles are made and sold have made buying these cars a much less risky proposition than it would have been in 1993 or even 2003.
That’s all good news for shoppers on a budget because 4- to 13-year old cars are where the best deals for inexpensive motoring can be found. This month, used-vehicle retailer CoPilot noted that retail prices of 4- to 7-year old cars are down 13% from January 2022, and cars 8 to 13 years old are down a similar amount from April.
In November, ADESA auctions chief economist Tom Kontos noted that used-vehicle wholesale prices had fallen by 17.5% from their seasonal peak in May and that they had fallen year-over-year for the first time since the beginning of the pandemic. Happily, the skyward rush of used car prices spurred by the pandemic has finally started to ease. In contrast, $15,000 will buy you any number of used cars that are bigger, faster, safer and flashier and a few of them might even come with Certified Pre-Owned warranties. Of course, the Nissan carries a new car warranty and more modern features than the base Spark did, but it’s also one of the most basic vehicles on sale in the U.S. When the last $14,575 Chevrolet Spark rolled off the line in August of 2022 it left the bottom end of the market to the Nissan Versa, which starts just at $16,725 in 2023, including destination fees.
0 kommentar(er)
