Recession is very influential and millions of Americans suffer the consequences in the form of lost wages. In times like these, it’s a good idea to tighten the purse strings a bit and to be conservative financially. When the time comes to purchase a new car, you have the choice of getting a new or a used one. Today’s used cars undergo thorough multiple-point inspection tests and are reconditioned to “like-new” conditions. They often come with extended warranties in case there are repairs needed later on. Here are our three top picks for the best-used cars to drive in a recession.
Top Choice In The Used Car Market
The First Car On Our List Is The Compact Yet Sporty
Despite its low cost, this vehicle offers an interior that is one of the best in its class along with handling that will please even the pickiest, automotive enthusiasts. There are two engine options; 2.0-liter engine and 2.3-liter engine. 2.0 liters is the best if you want to save money when you get gasoline, but the 2.3-liter engine offers a higher level of performance. Even though it’s labeled as an economy car, the interior is on the upscale side and made out of top materials. We pick the Mazda3 as a top choice in the used car market due to its affordability and upscale accents.
Next on our list a practical SUV
Perfect for families or anyone who needs a comfortable ride with plenty of passenger space. The Explorer resembles a truck and it looks rather aggressive due to its prominent grille and square headlights. Under the hood is a 4.0 Liter 8 Cylinder engine with 292 hp and 315 lb-feet of torque. The gas mileage for V8 is 20 mpg in the city and 20 mpg on the freeway. There is plenty of interior space with five chairs (and in certain models seven seats) available. Standard options include air conditioning, a Windows power sync system that allows you to make hands-free phone calls. A used 2008 Ford Explorer can cost anywhere from around seventeen to twenty-six thousand dollars depending on the model and mileage.
Our Final Choice Is Fun And Zippy Car
Car with a lot of personality at a price we can all enjoy. The new model offers new headlights, a reshaped hood, and a prominent grille. All models are equipped with 15 or 16-inch alloy spoke wheels. The base model engine is a 2.3 Liter engine with 151 hp. The cabin offers comfortable seating and a CD stereo system that is capable of playing m3 tunes with premium sound. Many enthusiasts have noted that the sound quality is exceptional for its class. A 2007 Ford Focus can be purchased for under $10k depending on the mileage.
These cars were all picked due to their affordability, functionality, and value. Times are tough and consumers want to get the most out of their dollar. Annual depreciation can significantly lower the value of your car and because of that fact, buying a used car only makes sense.