Buying a new car seems appealing, but it isn’t always the best way to go. In fact, there are many reasons why buying a quality used car is better than paying the high price of a brand new car. The most important factor in buying a good used car is being able to rely on it to get you where you need to go. Choose wisely, look for good extended warranty plans, and you'll likely come out paying less than if you were to buy a brand new car.
Why Throw Money Away?
New cars are expensive. No matter what the sticker price is, you’re paying for more than a vehicle — you’re paying tax, title, and license fees, as well as dealership fees and commissions. Even worse than that is the depreciation that comes packaged with that shiny new vehicle. Your new car will depreciate the moment you drive it off the lot and will continue to depreciate 20 percent in the first year and up to 60 percent in the first four years. That’s not a bargain at all. It’s like throwing money out of your new car window.
With so many high-quality used cars on the market today, there’s no reason to purchase a brand new car. If you like the peace of mind you get with a new car warranty, check out some extended warranty plans for cars, like Protect My Car. You'll get a great price on a quality car and the protection that comes with an extended car warranty.
Purchasing a used car has nothing to do with your financial status — it’s simply a smart financial decision. You get more for every dollar when buying a used vehicle, even after adding an extended car warranty and service coverage through Protect My Car. It’s as convenient as owning a new car but with a much lower price tag.
If you’re interested in saving money and getting a great deal on a quality used car, we’ve rounded up some of the best on the market:
The Top 7 Used Cars
Thinking that used cars have to be almost new or really old and worn down is a mistake. There are many makes and models of used cars that are in great condition and can be yours for around $10,000. We’ve compiled a list of the most reliable used cars under $10,000 that not only cost less but have also proven to be reliable, luxurious, and worth every penny:
- 2009 Hyundai Genesis - The 2009 Hyundai Genesis comes with a plethora of luxury features like powerful V6 or V8 engines, perfect safety scores, and a great price. In 2009, you could find a Genesis for around $35,000. Now you can purchase a nicely used Genesis with a 5/5 reliability rating for only $8,000.
- 2008 Mercedes-Benz E-Class - A 2018 Mercedes-Benz E-Class starts at around $53,000, but a used model, like a 2008 E-Class, can be purchased for around $10,000. When new, the 2008 E-Class started at $53,200. With great safety features, a powerful engine, elegant styling, and a high-reliability score of 4/5, you can’t go wrong with this vehicle, especially when coupled with an extended car warranty.
- 2010 Ford Fusion - The 2010 Ford Fusion is a solid favorite with a high-reliability rating of 5/5, sporty handling, and affordable pricing. New, a 2010 Fusion sold for an average price of $21,225. Now, you can get a used Ford Fusion for an average of $7,547.
- 2008 Acura RL - In 2008, a brand new Acura RL would have cost you $47,000. A higher features package would cost over $54,000. Today, you can find a 2008 Acura RL for under $9,000. You still get the great 5/5 reliability rating, all-wheel-drive, superior safety scores, and premium features but at a much lower price.
- 2009 Audi A3 - The 2009 Audi A3 is a great car you can find used for under $8,000. Don’t let that small price fool you. In 2009, this vehicle sold for just under $30,000 and as high as $45,000 for a fully equipped model. With a used 2009 Audi A3, you’ll get the perfect 5/5 reliability rating, leather seats, auxiliary inputs, and more unexpected modern amenities.
- 2010 Lexus ES - When you think of a used car, you probably don’t picture a luxurious ride like the 2010 Lexus ES. A perfect reliability rating of 5/5, upscale amenities, leather, Bluetooth, power sunroof, and more for a price tag below $9,000. A big jump with a lot of depreciation from the new MSRP tag of over $35,000.
- 2007 Honda Accord - The 2007 Honda Accord holds its resale value for several reasons. The strong 4.5/5 reliability rating, easy handling, and economical gas mileage started around $25,000 when new. You can have it now for around just $5,000.
Continue Saving After the Sale with an Extended Car Warranty
Now that you’ve found a great used car, it’s time to think about a warranty. It’s rare for a used car to still be under its original warranty, but extended warranty plans for cars through Protect My Car can cover you on emergency breakdowns, repairs, and more.
You get a vehicle with all the bells and whistles and a great extended car warranty plan that takes care of your repairs and emergencies, all at a fraction of the cost of a brand new vehicle. What’s not to love about saving money and getting exactly what you want?
Save Money with Confidence
New cars aren’t all they’re advertised to be. You can get a great used car with every amenity you want, add an extended car warranty plan from Protect My Car and save thousands of dollars. Choose from three different levels of protection and feel confident about your new ride. From almost new to vehicles with more than 100,000 miles, Protect My Car has extended warranty plans for cars you want to drive.
Meta Title: Extended Warranty Plans for Cars | Protect My Car
Meta Description: Extended warranty plans for cars will help you save you thousands of dollars when you purchase a used car instead of a new one.
Title option 1: 7 Best Used Cars You’ll Find
Title option 2: 7 Best Used Cars To Buy Right Now