Despite the significant increase in the price of used vehicles, it is still possible to make good deals, rest assured. It requires more research and sometimes you have to review your priorities, but hope is not lost.
We explained to you in a previous article what a certified pre-owned vehicle consists of, then listed three good reasons to choose one.
Broadly speaking, a certified pre-owned vehicle is typically a newer model (less than four years old), with lower mileage, which has passed a complete inspection before being put on sale and which comes with a manufacturer’s warranty beyond the original warranty period. In addition, there are often privileges such as an exchange possibility or roadside assistance.
On the other hand, some rarer models may be more difficult to find and the purchase price of these cars and trucks is generally more expensive compared to vehicles sold by individuals.
That being said, going back to the title question above, is it possible to find a certified used car under $10,000? The answer is yes.
By consulting the Otogo site, one discovers hundreds of vehicles for sale for this price and, among them, about twenty are identified as certified used models. For those who love math, that gives a proportion of about 3%.
Most are compact cars and are less than 10 years old, including popular models like the Hyundai Elantra, Subaru Impreza, Volkswagen Golf and Chevrolet Cruze. Toyota, whose resale value is typically higher than the majority, even for subcompacts, is present with examples of Yaris and Corolla.
In short, even with a small budget, you can get your hands on a quality used vehicle these days.