One thing readers should know is that all Kiplinger picks are steeped in value--performance, safety and roominess.
On the used car picks, we try to pick from a variety of categories.
So, as Mark said earlier, it might make more sense to buy a new fuel-efficient vehicle, rather than a used one?
My fave that Jess picked is the 2009 Infiniti G37x.
The 2009 price was nearly $37,000
It recently sold for about $24,000
On fuel-efficient cars, it's really important to look at the costs.
We asked Vincentric to look at ownership costs for used Toyota Corollas versus the 2012 model. A certified 2009 cost just $3,000 less than the 2012, but was over $1,000 more expensive over five years.
Another good choice from our ten picks is the 2009 Subaru Impreza 2.5i sedan
Alright, here's a question from agreen about high used car prices.
It has been selling for about $12,000 recently--down from the 2009 new price of $18,000
Leasing is a good idea if you value a new vehicle
You get the three- or four-year warranty, and probably never have to pay for a repair
You may not even have to buy new tires before you turn the car back in
We often tell people that they are a good candidate for leasing if they always tend to have a car payment
However, if you drive a lot, be careful about the terms for how many miles a year you can drive.
So leasing is kind of a lifestyle, financial philosophy decision
You can ask about buying more miles upfront for a cheaper per-mile price than you'd pay if you go over after turn-in.
Used cars are best for people who can pay cash and want to drive a vehicle until it dies
The advantage is that much of the depreciation has already taken place.
With leasing, you will pay for a lot of deprecation in your monthly payments
That said, if you are all about the monthly payments on a vehicle, see what you will have to pay for a lease versus used car payment
Definitely something to consider.
Alright, let's move on to our next question from Amy.
Also, you may be able to get a good deal on a gas guzzling, truck-based SUV, if you are looking for size.
But remember: NEVER TELL A DEALER WHAT YOU CAN PAY PER MONTH!
Hi Amy--first let's narrow down what size crossover you're looking for.
Not too good for your bargaining capabilities, huh Jessica?
Nope--they can shift the numbers too much behind the scenes.
Back to Amy's question...
If you're thinking small, the 2007 Mitsubishi Outlander is a great, reliable ride that has a design that's just a little different from the competition.
If you need more space, an older model Acura MDX, say 2004 might be in your price range and has a sporty upscale feel.
I have to say, though, that it's hard to beat a minivan for practicality.
It is easy to get in and out and it can haul a lot of people and stuff.
But I understand the soccer mom thing
He's right. Growing up driving the family minivan, I've been very resistant to them. But man, you can fit a lot in there and the new models drive better than ever.
If you reconsider, take a look at a used Hyundai Entourage