Getting a shiny new vehicle might be an exciting prospect, but with the average cost of a new car now $49,740, according to CarEdge data, plenty of savvy drivers are switching to used cars to get themselves a bargain. The market is brimming with hidden gems, including vehicles with one owner, low mileage or transparent service records.
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GOBankingRates spoke to Joe Giranda, director of sales and marketing for CFR Classic, and Alex Black, auto expert and CMO of EpicVIN, to find out what used cars are worth looking at this year, as well as getting insights into finding a great deal from Zander Cook, co-founder and CRO of Lease End. Average used car prices based on CarGurus Pricing Index for used vehicles.
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2019 to 2023 Mazda 3
Average used price: $20,073
Out of all compacts on the market, the Mazda 3 stands out to Giranda due to its luxurious interior and exceptional driving performance.
“Because of this, it competes with entry-level luxury vehicles but at a much lower price point,” he said.
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2021 to 2023 Chevrolet Bolt EV
Average used price: $19,000
The Chevrolet Bolt EV offers an impressive 259-mile range and an affordable entry into electric driving. Its simple design means fewer moving parts and minimal repair costs, with Giranda adding as well as incentive money for electric vehicle ownership, “the savings on gas make it a great investment in the long run.”
2013 to 2019 Lexus GS 350
Average used price: $24,672
Discontinued by Lexus, the GS 350 is one of the best hidden gems in the used car market — a car that impresses with refined driving dynamics and high levels of comfort.
“It’s a good alternative to a BMW 5-Series or Mercedes-Benz E-Class but without nearly the same cost of ownership,” said Black.
2021 to 2023 Toyota Corolla
Average used price: $19,228
Giranda gave points to the Toyota Corolla for its exceptional fuel economy and unrivalled reliability. Standard adaptive cruise control and low maintenance costs enhance its value, making it a standout bargain among sedans.
2021 to 2023 Honda Accord
Average used price: $25,327
An icon in the midsize sedan space, the Honda Accord delivers advanced technology and robust performance, outperforming competitors in resale value and build quality.
“This car has a reputation for fewer repair issues than many of its competitors, making it an excellent choice for families,” Giranda said.
2011 to 2014 Acura TSX Sport Wagon
Average used price: $10,833
Black recommended the Acura TSX Sport Wagon as a car that combines Honda’s legendary reliability with the practicality of a wagon. This model offers a spacious interior and a unique charm rarely seen in the market.
2013 to 2018 Toyota Avalon
Average used price: $15,246
For budget-conscious shoppers, the Toyota Avalon provides near-luxury without a hefty price.
“It is basically a Lexus without the name,” said Black. “Smooth ride, bulletproof motor, but much lower price tag than one might expect.”
2009 to 2019 Ford Flex
Average used price: $12,641
The Ford Flex brings quirky design and impressive spaciousness to the table. Black praised its roominess and vintage styling, making it appeal to families seeking practicality with character. He also noted its discontinued status, keeping secondhand values lower than expected.
Finding The Best Deal
According to Cook, finding a bargain can mean looking for cars that show what may appear to be red flags, so they are cheaper, but don’t have functionality issues.
“Branded title vehicles, such as those marked due to theft recovery, often have no actual damage but remain permanently labeled — making them overlooked bargains,” he said.
Similarly, Lemon Law buybacks can be great finds, as manufacturers typically fix the issue and include an extended warranty.
“The key is knowing where to look, whether it’s a lease buyout or an undervalued used car, there are plenty of hidden deals waiting to be found,” Cook said.
With a strategic approach, hidden deals await in unexpected places in today’s unpredictable market.
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This article originally appeared on GOBankingRates.com: I’m a Car Expert: These 8 Used Cars Will Be a Great Deal in 2025
