10 Used Cars to Avoid

With the average new car selling for around $30,000, and even a moderately equipped compact model going for close to $20,000 these days, cash-strapped motorists have little choice but to purchase a used vehicle. Unfortunately, a relatively short supply of pre-owned models – precipitated by the 2007-2009 economic recession, when fewer new vehicles were purchased or leased – continues to keep used-car values at or near record-high levels according to the National Automobile Dealers Association (NADA) Used Car Guide.

What’s more, even though today’s cars tend to last far longer than did models from 20 or more years ago, like fine wines some tend to age better than comparable models of the same vintage. With used-car values already out of whack, shoppers need to be extra cautious to avoid compounding an already unfavorable financial situation by selecting a more-problematic model that will require costly out-of-warranty repair work.

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