Last updated on March 18th, 2017 at 12:27 pm
You may believe that the best and the most reliable cars will cost you a lot of money. Although this is generally true, there is a way you can buy reliable cars under $5,000. If you are looking for a car like this, it is mandatory to remember that not all used cars should be taken into consideration. That’s why we are here and we will help you get an idea about the best cars under $5,000. All of the cars on our list are used vehicles, but they still have plenty of life in them. It’s hard to find a good used car for under $1,000; $2,000; $3,000 even $4,000.
2004 Subaru WRX ($5,000)
All people who have ever looked for cars under $5,000 bump into the amazing Subaru WRX. This car is probably one of the best choices, simply because it comes with amazing 2.0 L engine, with a turbocharger. It will produce 227 HP and it will manage 28 mpg (highway) which is impressive. The best side of this car is the reliability. We know that all Subaru vehicles are incredibly reliable, so they won’t require any repairs for a long time. As a used car, that is also fun to drive and offers amazing capabilities WRX is definitely a great choice. Note: This is an actual rally car, so it has AWD.
2002 Mazda MX-5 Miata ($5,000)
Mazda MX-5 Miata is one of the most popular cars on the planet. It even has a unique racing championship where participants drive these cars. You will have to find a 2002 model, but earlier ones such as 2000 and 2001 are desirable as well. Look for 140 HP, 1.8 L engine. This is a sports car and it is convertible, so you will get all the advantages of a great and the far more expensive car for a fraction of the money.
2003 Dodge Grand Caravan ($4,500-5,000)
These cars are so reliable that they commonly compare to the indestructible things. We like models with 180 HP and a fuel consumption of 20/24 mpg. The best element of this car is the fact it is a minivan and is perfect for families and for people who will have a need to transport more than 5 people at the same time. It is crucial to remember that well-preserved and maintained models are the only ones you should look for. This was a popular car, but most of them have more than 500,000 miles on them, so they should be avoided. If you find one with less than 100,000 miles, it will serve you for several decades more. Yes, several decades!
2001 Audi A4 ($4,400-5,000)
With the 1.8 L or 2.8 L engines, these cars are practical and economical. You can get the one with 140 or 190 HP and it will probably have all-wheel drive. You will also get a Bose sound system and a lot of gadgets inside. It is a real pleasure being able to buy an Audi for less than 5,000, so this may be your first choice. Note: This model is reliable and repairing it won’t cost you a lot, so it is a great investment.
2002 Ford Mustang ($4,000-5,000)
Now, it is possible to have an actual sports car for less than $5,000. This model was commonly ranked as one of the best used cars under $10,000 for many years, but now it is more affordable than ever. You will be able to choose between 150-300 HP engines, V6 and V8. Fuel consumption is 20/30 mpg, which isn’t bad, not even according to the latest standards. Keep in mind that this is an actual sports car!
1999 BMW 3 Series (E-46) ($4,000-5,000)
If you like BMW and you are looking for a used car, this one is your #1 choice. These cars are so popular among younger people, due to the fact they can be tuned and customized. In that case, you will need 320 or 325 (2.0 L or 2.5 L engine) and it can reach 190 HP, without tuning it. If you are looking for an ordinary car, you should choose a320d version. It has 155 HP and it uses diesel fuel, so it is more economical.
2004 Mazda RX-8 ($3,800-4,800)
This is one of the rarest cars on the planet with Wankel engine. It is completely different than all other types of engines, but it has a few advantages. This car has more than 200 HP but the engine is very small. Still, it offers impressive acceleration and even better driving capabilities. It is a mixture of a coupe and a sedan, so you get the best parts from both of them.
2005 Honda Civic ($3,500-4,500)
Well, this is another reliable car from Japan. It is also known as one of the best cars under $5,000 in the last decade and it is a perfect family/teenager/everyday car. An engine is 2.0 L and it will produce 115 HP, which isn’t sporty, but it is economical. This model will reach 32 mpg, so it is great if you want to save money on gas. We like the fact this car is easy to maintain and it will probably last for more than 20 years. Addition: This model has a design that it also suitable for tuning.
2009 Toyota Prius ($3,000-4,500)
It may be hard to find a decent Toyota Prius, simply because the owners don’t want to sell them, but if you do, buy it! These cars, especially 2007-2009 version is known for ultimate reliability, despite the fact it is a hybrid. The 1.5 L engine will last for many years to come and with the electric engine, it will do 46 mpg! The fact most taxi drivers in different parts of the world use these cars to justify the fact how durable they are.
2005 Mazda 5 ($3,000-4,000)
Mazda 5 is a great, average car. It has space for 6 people inside and it will still provide enough of cargo space. The engine and the transmission are reliable, so as the suspension, but keep in mind that this applies to 2005 model, so you will definitely want it. In addition, always choose for manual transmission.
All of these cars will last for a long time, but only if you choose a suitable one. Keep in mind that all of them should be taken into account, but only if the mileage they did isn’t higher than 200,000 miles! If you find one with a mileage below 100,000, it will last longer than a brand new car!