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3 Used Cars That Are Better Deals Than A New Car

Unless you are in a field that is unaffected by the current economy, a new car may be out of the question. If you shop carefully, you can still get a newer car with fewer miles and more features. Thankfully, there was nothing on television today, and here are three of those cars.

2006 Toyota RAV4 Limited 4WD 6 Cylinder

  • 2006 MSRP: $21,500
  • 2011 NADA average retail: $16,450

The RAV4 is a low weight vehicle that is capable of decent gas mileage. Plenty of cargo space and a full spectrum of features. The 6 cylinder offers a steady power supply and, with regular maintenance, these SUVs should see 150,000 miles plus without major malfunction.

2006 Nissan Altima SL 4-Door 6-cylinder

  • 2006 MSRP: $17,750
  • 2011 NADA retail: $13,000

2006 marked the last year before the Altima underwent a makeover. The makeover robbed some of the power from the 6. Gas mileage that tops 25 mpg on the highway combined with a very comfortable ride make this a great car for a family of four or fewer.

2008 BMW 750Li 4 door

  • 2008 MSRP: $76,800
  • 2011 NADA retail: $39,500

The 7 series is known for its over-engineering and being very overpriced when brand new. That is why they take such a major depreciation hit for the first three years. After that, they begin to hold steady. BMW 7 series needs no details to be given. 7 series is all that needs said.

The 2011 NADA price assumed 60K miles on the car, but that is not too much for a car that is 3-5 years old. Shop carefully for a good loan, and you will find yourself in a fairly new car with money still left in your savings account.

About the Author

The author has many years of experience in automotive finance and insurance. However, each consumer's situation is unique. It is best to contact a finance specialist for further assistance.
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