Best Used Cars Under $5000

The world has been hit by the Godzilla of financial instability called 'recession'. This green-eyed Godzilla has forced many American families to alter their style of living and cut down on the budget. There are many who can no longer afford to indulge in splurging and have started planning budgets for their basic necessities. One of the many basic necessities is a car. People are shying away from buying brand new cars and cannot afford to pay the high interest rates for second-hand cars. However, there are many used cars that are not only cheap, but offer long-term stability in terms of quality. This article will cover some information related to some of the best used cars under $5000 that will be a good choice for a regular American family.

Best Affordable Used Cars

After the sky rocketing prices of gas from $2 to $3 and the credit crunch hitting the market after recession, many people sold off their cars and started using public transport. They found it was not possible to have two to three cars per family and decided to sell off the extra cars. This brought a sudden influx of used cars in the market. Therefore, used cars were begin sold off at lower prices than before. Auto repossession was also on an all time high, bringing in more used cars into the market. Therefore, today one can find some of the best used cars under 5000 dollars begin sold in the market. Let us see the names of some of the used cars that you should get your hands on.

List of Best Used Cars Under 5000 Dollars

I shall cover information related to the top used cars along with the pros and cons related to each one of these mechanical babies, sold under 5000 dollars. However, let me warn you. Do not expect the latest models begin sold off for $5000. Also, most of these cars driven are over 80,000 to 100,000 miles. So, make sure you are okay with the miles and ready to patiently hunt for the right car that fits your budget and needs.

Honda Accord, 1995 - 1999
The late 1990s model Honda Accord is sold off under $5000. These cars are larger than other fuel-efficient cars under $5000. Honda cars make a good choice for families with children. The Honda Accord is durable and spending a bit on a 'new' engine will be helpful.

Audi A4, 1996 - 1998
The Audi A4 was once priced at a neat $30,000 dollars and is now being sold under $5000. This car has everything from sophistication, reliability, performance and yeah, a posh interior worth dying for.

Volkswagen Golf, 1994 - 2001
The once expensive Volkswagen car is today sold at a much lesser price. You should go in for the GTI models as they are high on both, performance and fun factor. However, you can't talk much about reliability with Golf. But with the price offered, you cannot complain.

Mistsubishi Exlipse GS - T and GSX, 1995 - 1999
One of my favorite cars, Mitsubishi Eclipse will steal your heart. This beautiful car is offered at a fraction of its original price, that you will find hard to say no to. This car offers a 210 horse power engine and great fun for those who want to enjoy a high with their legs on acceleration. You will get many second generation Eclipse cars with less than 100,000 miles in this price category.

Ford Mustang, 1998 - 2004
Looking for a sports car under $5000? Then, the Ford Mustang should feature high in your list. These used cars will come with a vehicle mileage of up to 80,000 miles. Good for a smooth, powerful ride; but do not expect a good grip on the roads during rain and snow.

Ford Taurus SHO, 1996 - 1999
The Ford Taurus is a car that will offer you good acceleration, 240 horse power and 3.4 liter V8 engine. This Ford car that was once sold at a high price of $30,000 grand, can be yours today for just $5000 today (low mileage)!

Acura Intergra, 1994 - 2000
I love the look of this car that is sporty and sleek. This car offers good mileage and a good track of reliability. You will love the interiors and the low price range for this used sports cars.

Ford Focus, 2000 - 2005
The 2000 Ford Focus can be all yours for just $5000. This car has good acceleration, reliability, and has the looks to match your style. One cannot say it offers the best performance, but this is one bargain you cannot refuse.

Subaru Impreza, 2000 - 2002
Known for its high weather performance and solid wheel drive system, the Subaru Impreza is a good choice for used cars under $5000 dollars. It handles rain and snow well and is good compact car.

Honda Odyssey, 1998 - 2000
One of the reliable cars that has plenty of room and is fuel-efficient. If you are looking for a family car, this is the automobile you should look. You can expect the vehicle mileage for this used car to be around 110,000 miles or more. At this price, you won't mind the high mileage.

Ford Ranger, 1998 - 2003
A light truck for those who need to carry light loads around. It has a good fuel efficiency and power to suit your basic needs. Find this machine with an expected mileage range of about 73,000 miles and up.

Toyota 4Runner, 1995
This is one of the best SUVs from the 1990s. It is a bit smaller than the Ford Explorer. It has a rugged exterior and comes with an automatic four-wheel drive.

Mazda Miata, 19997
Those looking for a convertible under $5000, should think of getting the Miata. It is small, easy-to-shift convertible that you will love riding around.

These are some of the best used cars under $5000. You need to go shopping for cars and bargain to get the best deal. Ask for the maintenance chart of the car and make sure you hop in the car for a test drive. Make proper research and read some information about used cars before you bring home your wheels.