Buying a used car can be smart and economical, but it comes with challenges. In 2024, the market for used cars continues to be vibrant, offering buyers various options. The key to making a wise purchase is choosing a brand known for its reliability, value retention, and overall satisfaction.
When considering the best used car brands, looking beyond just the initial cost is important. Let's explore the top contenders that have earned their place through consistent performance and customer loyalty.
The J.D. Power 2024 U.S. Vehicle Dependability Study provides valuable insights into the most reliable brands. This year's study ranked Lexus as the highest overall in vehicle dependability, followed closely by Toyota and Honda.
These rankings are based on the number of problems experienced per 100 vehicles, with lower scores indicating higher reliability. Specific models like the Toyota Corolla and Honda Civic also received high marks for their dependability in various categories, further solidifying these brands as top choices for used car buyers.
Honda has long been synonymous with reliability and longevity. This reputation is not unfounded; models like the Honda Accord and Civic have been celebrated for decades for their ability to deliver consistent performance year after year. The durability of Honda vehicles is complemented by their low maintenance costs, making them an excellent choice for used car buyers.
Also, Honda cars hold their value exceptionally well, which is crucial when considering resale potential. In 2024, Honda remains a top contender for those seeking a used car that combines practicality with dependability.
Honda Accord and Civic: The Accord and Civic continue to be among the most popular models in the used car market. The Accord, particularly the tenth generation, has been recognized for its blend of comfort, technology, and fuel efficiency. On the other hand, the Civic is known for its sporty feel and compact size, making it ideal for city driving.
Both models are praised for their robust engines, smooth transmissions, and well-designed interiors. Whether looking for a family sedan or a commuter car, Honda offers reliable options that stand the test of time.
When it comes to luxury vehicles, Lexus stands out for its exceptional build quality and reliability. As Toyota's luxury division, Lexus benefits from the same engineering excellence that has made Toyota a household name.
Models like the Lexus RX and ES are particularly noteworthy in the used car market, offering buyers the opportunity to own a luxury vehicle without the hefty price tag of a new one. Lexus vehicles are known for their smooth ride, high-quality interiors, and advanced technology, making them a strong choice for those who value both luxury and longevity.
Lexus RX and ES: The Lexus RX, a midsize luxury SUV, is celebrated for its comfort and reliability. It offers a plush interior with ample space, making it an excellent choice for families or those who enjoy long drives.
The Lexus ES, a luxury sedan, combines elegance with performance, providing a quiet and refined driving experience. Both models are built to last, with a reputation for low maintenance costs and high resale value, which is why they remain top picks for used car buyers in 2024.
Toyota's reputation for building durable, long-lasting vehicles is well-deserved. In the used car market, models like the Toyota Camry, Corolla, and RAV4 are consistently sought after for their reliability and value retention.
Toyota vehicles are engineered to endure, often surpassing the 200,000-mile mark with ease. This durability, combined with Toyota's commitment to safety and innovation, makes its vehicles a smart investment for those looking to purchase a used car in 2024.
Toyota Camry, Corolla, and RAV4: The Camry and Corolla have been staples in the sedan market for years, known for their comfort, fuel efficiency, and longevity. The Camry, in particular, is often praised for its smooth ride and spacious interior, making it a favorite among families.
The Corolla, with its compact size and excellent fuel economy, is ideal for daily commuting. The Toyota RAV4, a compact SUV, offers versatility and reliability, making it a popular choice for those who need a vehicle that can handle both city streets and rougher terrains.
Each of these models has proven to be a solid choice in the used car market, thanks to their consistent performance and low cost of ownership.
Kia has made significant strides in recent years, transforming its image from a budget brand to a respected contender in the automotive industry. The improvements in design, technology, and reliability have made models like the Kia Sorento and Sportage increasingly popular in the used car market.
Kia's commitment to offering extended warranties, even for used cars, further enhances its appeal, providing buyers with added peace of mind.
Kia Sorento and Sportage: The Kia Sorento, a midsize SUV, offers a compelling mix of style, space, and technology. Its roomy interior and advanced safety features make it a great choice for families. The Sportage, a compact SUV, is known for its sporty handling and modern features, appealing to those who want a vehicle that is both fun to drive and practical.
Both models have earned a reputation for reliability, making them excellent choices for used car buyers who want a vehicle that offers both quality and value.
Hyundai has consistently delivered vehicles that offer a great balance of quality, technology, and value. In 2024, Hyundai models like the Elantra and Santa Fe are gaining traction in the used car market for their reliability and customer satisfaction. Hyundai's approach to integrating advanced technology with solid engineering has resulted in cars that not only perform well but also retain their value over time.
Hyundai Elantra and Santa Fe: The Hyundai Elantra, a compact sedan, is praised for its fuel efficiency, comfortable ride, and intuitive infotainment system. It's an excellent choice for those who prioritize technology and value in a used car.
The Hyundai Santa Fe, a midsize SUV, offers a spacious interior, smooth ride, and a strong safety record, making it a popular option for families. Both models reflect Hyundai's commitment to providing vehicles that are built to last, which is why they continue to be strong contenders in the used car market.
Chevrolet has built a reputation for producing vehicles that offer a great balance of versatility and reliability, making them a popular choice among a wide range of drivers. Models like the Chevrolet Malibu and Equinox are particularly well-regarded in the used car market for their comfortable ride, solid build quality, and overall dependability. Chevrolet's commitment to offering practical and well-designed vehicles has resulted in cars that are not only durable but also enjoyable to own.
Chevrolet Malibu and Equinox: The Chevrolet Malibu, a midsize sedan, is known for its smooth handling and spacious interior, making it a strong contender in the midsize car segment. The Equinox, a compact SUV, is appreciated for its roomy cabin, user-friendly technology, and robust safety features.
Both models are known for their longevity, with Chevrolet's dedication to quality and craftsmanship evident in every detail. Chevrolet is a brand worth considering for those who want a vehicle that offers both practicality and reliability.
Industry experts evaluate used cars yearly based on various factors, including reliability, value, and consumer satisfaction. The 2024 CarGurus Best Used Car Awards have highlighted several models that excel in these areas, providing buyers with a clear guide to the best options on the market.
2024 Used Car of the Year: The Honda Accord (tenth generation) has been named the 2024 Used Car of the Year, thanks to its exceptional balance of comfort, technology, and performance. This recognition reinforces the Accord's reputation as a reliable and well-rounded vehicle, making it a top choice for used car buyers.