Is 5000 dollars good for a used car?

It’s still possible to get good cars for under $5,000 at dealerships, but the private market tends to have lower asking prices and some sellers have detailed maintenance records to show off.

What used car can I buy for 5000?

That being said, here are 8 of the best cars you are likely to find for under $5,000, according to industry experts:

Toyota Camry, 2002-2006.
Toyota Sienna, 2004 to 2010.
Ford Focus, 2008 to 2011.
Honda Civic, 2006 to 2010.
Subaru Outback, 2005 to 2009.
Acura TL, 2003 or earlier.

How long will a $5000 car last?

A $5,000 car is a 7-year-old Nissan Sentra or Mazda 6 with 100K miles on it. That car will probably run for another 50-150,000 miles over 5-15 more years while needing a few minor repairs and a major repair.

What is a decent price for a used car?

Auto experts say the lowest price for a reliable used car is about $2,500. But they’re quick to note that every additional $1,000 in your budget will allow you to get a newer car that’s been driven fewer miles.

What is the most reliable used car for under 3000?

10 Best Used Cars Under $3,000

2009 Nissan Versa.
2006 Chevrolet Impala.
2006 Hyundai Sonata.
2003 Honda Accord.
2003 Toyota Corolla.
2004 Toyota Prius.
2002 Lincoln Town Car.
2001 Lexus ES 300. A less-dated luxury option at this bargain price point is the Lexus ES 300.

Can you buy a used car for under$ 5, 000?

It’s important to remember that while many used car lots certify their vehicles, you are not likely to find a certified, pre-owned car for under $5,000. Of course, there are risks involved when you purchase from a private seller. You won’t know the car’s history, and the seller might be hiding known problems with the car.

How much is a used car for sale?

This vehicle is available for sale outside of the auction for $2900. However, the OPENING BID for this vehicle is only $1500 at the PUBLIC auto auction this SATURDAY at 11am. Come in and bid to get crazy deals! The Auto Auction is OPEN TO THE PUBLIC and is FREE to enter.

Which is the best place to buy a used car?

If you’re able to pay for your car with cash, you might be better off purchasing from a private seller than a used car lot. This saves you money by avoiding the middleman. You might be able to negotiate a better price, too.

When was the last time I bought a used car?

1st owner purchased on 11/24/07 and owned in ID until 05/07/10 • 2nd owner purchased on 05/26/10 and owned in ID until 02/18/21. 1st owner drove an estimated 9,237 miles/year • 2nd owner drove an estimated 21,349 miles/year. Last serviced at 247,083 miles in Rexburg, ID on 09/18/20 • Vehicle serviced • Recommended maintenance performed.

Is it worth it to buy used car for$ 5, 000?

Unlike the search for newer used vehicles, the emphasis here is on correctly assessing the mechanical condition of the car: Some cars advertised for $5,000 will be in terrible shape and not worth considering; others will have plenty of years of service left. It’s up to you to tell the difference.

Can a car be repaired for$ 5, 000?

While there are no guarantees of how long the car could run without requiring major repairs, using vehicle history reports and getting a pre-purchase inspection can speed the search and help you find a gem. Some $5,000 cars are in great shape and others are falling apart. Your job is to find a car with lots of miles left in it.

Who is the best person to buy a used car from?

Mr. Reed and his family are incredibly kind, helpful, and knowledgeable with EVERY SINGLE one of their cars. On top of that, they offered to cover the vehicle for the first 500 miles or 15 days. Shout out to Heber for an amazing test drive companion.