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Best Used Cars To Buy Under 15000

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Happily, the skyward rush of used car prices spurred by the pandemic has finally started to ease. 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. 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.

To meet our criteria, cars had to be newer than the 2008 model year and commonly available nationwide for under $15,000. We prioritized newer cars, reliability scores, low costs of ownership and the likelihood of being able to find a vehicle with a meaningful warranty. We also balanced these priorities against available safety and convenience features, style and performance.

To determine our list of the best vehicles under $15,000, we cross-referenced a broad range of reliability and quality scores, evaluations by vehicle testers, thousands of long-term reports and reviews from owners and factored in our own long-term experiences with these vehicles as new and used cars. In addition to these criteria, the vehicle had to have average transaction prices under or near $15,000, be manufactured after 2008, and be easy for shoppers to find irrespective of their region or city.

Many of the models featured in our list of the best $10,000 used cars are available in even better condition for $15,000, and the Honda Fit, Toyota Avalon, and 2010 to 2014 Honda Insight nearly reappeared on this list. We recommend looking at those entries for shoppers on a budget.

New cars do come with comprehensive warranties, but they lose 10% of their value in the first month of ownership, and up to 60% of their purchase price within five years of ownership, Covid-19-distorted used car values notwithstanding. By opting to buy used you trade the security of a warranty for more car and skip the worst parts of that depreciation cycle. The effects of Covid-19 have put used car values out of whack, but for cars more than three or four years old, depreciation is still a major factor.

Here are our safe and reliable used-car choices for around $15,000, listed by type. Of note, our listed EPA mileage comes after revisions the agency issued in early 2016 that may affect stated mileage as far back as 2011. As such, figures on certain older cars below may not align with the original window-sticker mileage.

So what can you get from a used car for $15,000 these days? Edmunds' experts sifted through recent transaction data to find 10 examples for your shopping list. From comfortable sedans to versatile SUVs, these vehicles offer a great alternative to more expensive new cars. And since each one has been out for five years or fewer, they are eligible for certified pre-owned warranties that protect your investment.

The Chevrolet Cruze is a good choice for an affordable and economical small sedan. Chevrolet introduced the most recent version of the Cruze in 2016, and every model year since then is now available on the used market for under our target price.

At CARFAX, we collect events from the lives of millions of used cars from 20 European countries, as well as the USA and Canada. We can then create a vehicle history for every car in our database and make it available to you.The information helps you to check sales data, avoid expensive follow-up costs and negotiate a fair purchase price.

A 15,000 budget can still buy you a brand new car, such as the Citroen C3 You or Dacia Sandero, but your money could go a lot further on the secondhand car market. The best used cars in this 15k price range offer a lot to their prospective owners, too. You can expect luxurious creature comforts, lively performance or even a bit of manufacturer warranty still to run.

One of the ways you can narrow down your used car search and find something that will suit all


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