Author | Topic: What is the best Used car for under $7000? |
PawelBorkowski Registered User
Registered: 5/1/2019 | posted: 5/28/2022 at 6:34:55 AM ET What is the best Used car for under $7000?
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Anonymous Anonymous Poster
From Internet Network: 176.105.200.x
| posted: 5/28/2022 at 6:36:08 AM ET Just fix your current car. A $1200 repair for an 8-year-old car is quite acceptable. If you buy another car, particularly one under $7000, you're buying something else which you have little knowledge of its maintenance history and will still be several years old with over 100000 miles on it. It wouldn't surprise me if you were to buy something else and find yourself in the same situation with an expensive repair on the horizon.
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PawelBorkowski Registered User
Registered: 5/1/2019 | posted: 5/28/2022 at 6:37:31 AM ET https://dailyjunkies.com/3-best-used-car-websites-for-drivers-on-a-budget/
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Anonymous Anonymous Poster
From Internet Network: 176.105.200.x
| posted: 5/28/2022 at 6:38:33 AM ET I once had a 4-year-old Cadillac STS with 60k miles on it. It was worth about $15000 at the time. It was a clean car but it had a few issues. The (very fancy) electromagnetic struts which were amazing for handling/ride were rattling and making all kinds of clunking noises. The car felt like a piece of crap. They cost $7000 to replace. I traded the car in for $10k and lost $5k. More here: https://dailyjunkies.com/3-best-used-car-websites-for-drivers-on-a-budget/
The moral of the story is if you have a budget of $7k you cannot afford $1k for a brake job or $800 for an alternator or $4000 for a transmission or 2–3 months pay for any repair.
In the category of $7k and under you're looking at a fairly high mileage car probably 4 or more years old therefore your primary concern should be maintenance and repair costs and fuel economy. The best cars in those areas are pretty much all going to be very boring. You want something that they made a zillion of and have been proven reliable. I'm talking Ford Taurus, Honda Civic/Accord, Toyota Camry, and the like. American cars, or at least cars that are very common in the US, will be much more affordable to keep in tip-top shape.
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