Buying a new car is not cheap and finding a new one under a small budget is almost impossible. But there is a great way to fulfill your dream of buying a car and that is a used car. Used cars are the best option when you have a limited budget. You can get a well-maintained used car under $10,000 if you do proper research and to help you with that we have shortlisted a list of the top 15 best used cars under $10K that you can buy in 2023-2024.
Benefits of buying a used car
Cost Savings: Used cars come at a significantly lower price, allowing you to save money upfront.
Depreciation Advantage: Avoid the rapid depreciation of new cars; used cars retain their value better over time.
Lower Insurance Costs: Enjoy reduced insurance premiums as the value of used cars is generally lower.
Proven Reliability: Research online reviews and vehicle history reports for a reliable used car with a track record of performance.
Wider Selection: Choose from a diverse range of makes, models, and features within your budget when buying used.
The Honda Fit is one of the best hatchbacks that you can get for under $10,000 in the used car market. With proper research, you can find a well-maintained 2013 model Honda Fit in the price range of $9,800 to $10,000.
The Honda Fit is equipped with a 1.5-liter inline-4 cylinder engine that produces a maximum of 117 horsepower and peak torque of 106 lb-ft. This engine is paired with a 5-speed automatic transmission. The hatchback can accelerate from 0 to 60 mph in 8.3 seconds and achieve a top speed of 111 mph. With a NHTSA safety rating of 4 stars, the Honda Fit offers a mileage of around 31 mpg.
2. 2013 Hyundai Accent
$7,900 – $8,500
1.6 L inline 4 cylinder
6 speed shiftable Automatic
The Hyundai Accent is a perfect small family car that you can buy for under $10,000 in the used car market. A well-maintained 2012-2013 model Hyundai Accent can be found in the price range of $7,900 – $8,500. The car comes with a 1.6 liter inline four-cylinder engine that produces a max power of 138 horsepower and peak torque of 123 lb-ft. Power is transferred to the wheel through a 6-speed shiftable automatic transmission.
The Hyundai Accent offers a fuel economy of 31 mpg and with the top speed of 130 mph, it can accelerate from 0-60 mph in 8.5 seconds. In terms of safety, it has got NHTSA safety rating of4 stars.