Discover Top Used Cars for Every Budget [2024]

Despite the recent fluctuations in the used car market due to factors such as the COVID-19 pandemic, there are still fantastic opportunities for buyers. Whether you’re a first-time buyer, looking to upgrade, or in need of a reliable second vehicle, the used car market in 2024 offers a vast array of options for different budgets and preferences.

In this guide, we will delve into the top used cars to consider purchasing in 2024, taking into account various budgets, reliability, remaining lifespan, and vehicle type.

Making a Smart Purchase: Essential Tips

Before we dive into our list of recommended cars, it’s crucial to remember a few key tips when shopping for a used car.

  1. Research: Before making any purchase, conduct thorough research about the car’s make, model, mileage, and condition.
  2. Vehicle History Report: Obtain a vehicle history report using legit services.
  3. Service Records: Request documentation showing that the car was regularly maintained at a dealership or reputable shop.
  4. Mileage: Higher mileage cars need closer inspection but can still be valuable if properly maintained.

Top Picks for Budget Under $20,000

Starting with a budget of under $20,000, we have several standout options for potential buyers.

1. Toyota Camry

Toyota Camry

The Toyota Camry, produced from 2012 to 2019, is a fantastic choice for just about anyone. This midsize sedan is renowned for its roominess, comfort, extreme reliability, and fuel efficiency.

What We Liked

  • Extremely reliable
  • Efficient fuel economy
  • Great powertrain

What We Disliked

  • Noisy cabin
  • Small trunk
  • Meh drive

Review

Toyota Camry

Reliability
Price
Appearance
Features
4

2. Volkswagen Golf

Volkswagen Golf

If you’re willing to sacrifice a little reliability for a more fun car, consider the Volkswagen Golf. You’ll typically find models from around the 2014-2017 period within this budget.

What We Liked

  • Versatile and roomy
  • Great powertrain

What We Disliked

  • Pricey for a hatchback
  • Weird infotainment technology

Review

Volkswagen Golf

Reliability
Price
Appearance
Features
3.5

Choice Options for Budget Under $30,000

With a slightly larger budget of under $30,000, a range of luxury and performance vehicles become accessible.

1. Mercedes-Benz E-Class

Mercedes-Benz E-Class

The Mercedes-Benz E-Class, ubiquitous for its luxury, safety, and reliability, is a fantastic used car option within this price range.

What We Liked

  • Luxurious rear seats
  • Superb technology
  • Top notch safety features

What We Disliked

  • Boon out driving dynamics
  • Weirdly stiff drive

Review

Mercedes-Benz E-Class

Reliability
Price
Appearance
Features
4.3

2. Lexus IS

Lexus IS

The Lexus IS is another excellent sedan for this budget, offering a comfortable ride, sporty handling, and remarkable reliability.

What We Liked

  • Excellent impact protection
  • Superb design
  • Great highway cruiser

What We Disliked

  • Underwhelming steering performance
  • Heavy drive

Review

Lexus IS

Reliability
Price
Appearance
Features
3.9

Top-End Options for Budget Under $40,000

For those with a budget under $40,000, a host of high-performance and luxury vehicles come into play.

1. Audi S3

Audi S3

In terms of performance-for-your-money, the Audi S3 is hard to beat. The S3 delivers a playful and sharp driving experience, especially with its impressive Audi S tronic (dual-clutch) transmission.

What We Liked

  • Spacious interior
  • Edgy exterior
  • Amazing performance

What We Disliked

  • Meh infotainment technology

Review

Audi S3

Reliability
Price
Appearance
Features
3.8

2. Porsche Boxster

Porsche Boxster

For sportscar enthusiasts, the Porsche Boxster is a great choice. Although most 911s at this price point are older, $40,000 can secure you a clean Boxster, renowned for its handling and driving pleasure.

What We Liked

  • A timeless classic
  • Purebred six-cylinder engine
  • Stable drive

What We Disliked

  • Not the best sports car in the market

Review

Porsche Boxster

Reliability
Price
Appearance
Features
3.8

The used car market in 2024 presents an array of options for buyers of various budgets and preferences. From reliable sedans such as the Toyota Camry and Volkswagen Golf to luxury and performance vehicles like the Mercedes-Benz E-Class, Lexus IS, Audi S3, and Porsche Boxster, there is a used car to suit every need and budget.

Remember, when shopping for a used car, thoroughly research the vehicle, obtain a vehicle history report, ask for service records, and consider the mileage. Following these tips will ensure you find the best used car for your money in 2024.

Happy car hunting!