Best Used Cars to Buy in 2024

Finding the Perfect Pre-Owned Vehicle in 2024

Purchasing a used car can be a smart financial decision, offering significant savings compared to buying new while still providing reliable transportation. However, not all used vehicles offer the same value, reliability, or ownership experience. As we navigate 2024, certain models stand out for their combination of dependability, value retention, and overall ownership satisfaction.

This comprehensive guide highlights the best used cars to consider in 2024, organized by category to help you find the perfect match for your specific needs and budget.

Best Small and Compact Used Cars

Small and compact cars offer excellent fuel efficiency, easy maneuverability, and typically lower purchase prices, making them ideal for urban dwellers and budget-conscious buyers.

Toyota Corolla (2018-2022)

The Toyota Corolla continues to be one of the most reliable compact cars on the market:

Reliability rating: Exceptional, with minimal reported issues
Fuel economy: 7.0-8.0L/100km combined
Safety features: Toyota Safety Sense package with pre-collision system
Value retention: Excellent resale value
Price range: $15,000-$25,000 depending on year and condition

The Corolla offers a balanced combination of reliability, efficiency, and modern features that make it a standout choice in the compact segment.

Mazda3 (2019-2022)

For those seeking a more engaging driving experience with premium touches:

Reliability rating: Very good, with strong build quality
Fuel economy: 6.5-8.5L/100km combined
Interior quality: Near-luxury materials and design
Available features: Advanced driver assistance systems, premium audio
Price range: $18,000-$28,000 depending on trim and year

The Mazda3 stands out for its upscale interior, engaging handling, and sophisticated styling that belies its reasonable price point.

Best Medium-Sized Used Cars

Medium-sized sedans and hatchbacks offer more interior space and comfort while still maintaining good fuel efficiency and value.

Toyota Camry (2018-2022)

The benchmark for midsize sedan reliability continues to impress:

Reliability rating: Exceptional, with minimal long-term issues
Powertrain options: Efficient 4-cylinder or powerful V6
Hybrid availability: Excellent fuel economy in hybrid models
Interior space: Generous rear legroom and trunk capacity
Price range: $20,000-$35,000 depending on year and specification

The Camry remains the go-to choice for buyers seeking a hassle-free ownership experience with low running costs and excellent reliability.

Mazda6 (2018-2021)

For those seeking a more premium and engaging midsize option:

Reliability rating: Very good, with few reported issues
Driving dynamics: More engaging handling than most competitors
Interior quality: Upscale materials and design
Available features: Bose audio, leather upholstery, advanced safety tech
Price range: $18,000-$32,000 depending on specification

The Mazda6 offers a near-luxury experience at mainstream prices, with sophisticated styling and a driver-focused character.

Best SUVs and Crossovers

SUVs and crossovers continue to dominate the market, offering versatility, higher seating positions, and available all-wheel drive.

Toyota RAV4 (2019-2022)

Australia's best-selling SUV offers compelling reasons for its popularity:

Reliability rating: Excellent, with proven Toyota durability
Hybrid option: Class-leading fuel economy in hybrid models
Cargo capacity: Generous and practical storage space
Off-road capability: Available Adventure and TRD Off-Road trims
Price range: $25,000-$40,000 depending on trim and year

The RAV4's combination of reliability, efficiency, and practicality makes it a standout choice in the competitive compact SUV segment.

Mazda CX-5 (2017-2022)

For those seeking a more premium compact SUV experience:

Reliability rating: Very good, with solid build quality
Interior quality: Class-above materials and design
Driving dynamics: More engaging handling than most competitors
Engine options: Efficient base engine or powerful turbo
Price range: $22,000-$38,000 depending on specification

The CX-5 stands out for its upscale feel, attractive styling, and engaging driving experience compared to other compact SUVs.

Hyundai Santa Fe (2018-2022)

A compelling midsize SUV option with excellent value:

Reliability rating: Good, with comprehensive warranty coverage
Seating capacity: Available third row for 7-passenger capability
Feature content: Well-equipped at all trim levels
Safety technology: Comprehensive driver assistance features
Price range: $25,000-$45,000 depending on year and specification

The Santa Fe offers excellent value with its combination of features, space, and remaining factory warranty on newer examples.

Best Utes and Work Vehicles

For those needing utility and capability, these used utes offer reliability and value.

Toyota HiLux (2016-2022)

Australia's favorite ute continues to impress with its durability:

Reliability rating: Exceptional, with legendary toughness
Capability: Strong towing and payload capacity
Resale value: Industry-leading value retention
Configuration options: Multiple cab styles and trim levels
Price range: $25,000-$55,000 depending on age, specification, and condition

The HiLux remains the benchmark for reliability and resale value in the ute segment, making it a sound used vehicle investment.

Ford Ranger (2016-2022)

A compelling alternative with excellent all-around capabilities:

Reliability rating: Good, with strong overall durability
Driving refinement: More car-like handling than many competitors
Technology features: Advanced infotainment and driver assistance
Engine options: Efficient diesel powertrains
Price range: $25,000-$55,000 depending on specification

The Ranger offers a compelling blend of work capability and everyday usability, with more refined road manners than many competitors.

Best Hybrid and Fuel-Efficient Options

With fuel prices remaining a concern, these efficient used vehicles offer significant savings at the pump.

Toyota Prius (2016-2022)

The pioneer of hybrid technology continues to offer exceptional efficiency:

Reliability rating: Excellent, with proven hybrid system durability
Fuel economy: 3.4-4.0L/100km combined
Maintenance costs: Lower than average due to reduced brake wear
Practicality: Spacious hatchback design with flexible cargo area
Price range: $18,000-$35,000 depending on year and model

The Prius remains the benchmark for hybrid efficiency and reliability, with a proven track record of low running costs.

Hyundai Ioniq (2018-2022)

A versatile and efficient alternative with multiple powertrain options:

Reliability rating: Good, with comprehensive warranty coverage
Powertrain options: Hybrid, plug-in hybrid, or full electric
Fuel economy: 3.9-4.4L/100km for hybrid models
Feature content: Well-equipped at all trim levels
Price range: $20,000-$40,000 depending on powertrain and year

The Ioniq offers excellent efficiency with more conventional styling than some hybrid competitors, plus the option of plug-in or full electric variants.

Best Luxury Used Cars

Luxury vehicles often experience significant depreciation, creating excellent value opportunities in the used market.

Lexus ES (2018-2022)

Combining Toyota reliability with luxury appointments:

Reliability rating: Excellent, with industry-leading dependability
Comfort features: Whisper-quiet cabin and supple ride quality
Build quality: Impeccable fit and finish
Hybrid availability: Efficient ES300h option
Price range: $35,000-$60,000 depending on year and specification

The Lexus ES offers the luxury experience with significantly lower ownership costs and better reliability than many European competitors.

BMW 3 Series (2018-2022)

The benchmark for sport sedans offers compelling value when purchased used:

Reliability rating: Good for the segment, especially 4-cylinder models
Driving dynamics: Engaging handling and responsive powertrains
Technology features: Advanced infotainment and driver assistance
Interior quality: Premium materials and build quality
Price range: $30,000-$65,000 depending on model and specification

The 3 Series offers the quintessential German sport sedan experience at a significant discount when purchased used, particularly from certified pre-owned programs.

Tips for Buying a Used Car in 2024

Regardless of which model you choose, follow these guidelines for a successful used car purchase:

Research Thoroughly

Check reliability ratings from reputable sources
Research common problems for specific models and years
Compare prices across multiple platforms to understand fair market value
Consider total ownership costs, not just purchase price

Inspect Carefully

Arrange a pre-purchase inspection by a qualified mechanic
Check for evidence of accident damage or poor repairs
Verify service history and maintenance records
Test all features and functions during your test drive

Consider Certified Pre-Owned Programs

Manufacturer CPO programs offer additional warranty coverage
Vehicles undergo detailed inspections before certification
Often include roadside assistance and other perks
Provide greater peace of mind, albeit at a price premium

Check Vehicle History

Obtain a comprehensive vehicle history report
Verify the odometer reading matches the reported history
Check for any outstanding finance or legal issues
Confirm the vehicle hasn't been written off or stolen

Conclusion: Smart Used Car Buying in 2024

The used car market in 2024 offers excellent options across all vehicle categories. By focusing on models with proven reliability, good value retention, and desirable features, you can make a purchase that provides years of satisfaction and minimal ownership headaches.

Remember that individual vehicle condition and maintenance history often matter more than the specific model. A well-maintained example of a less reliable model may prove a better purchase than a neglected version of a typically reliable vehicle.

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