TUCSON, Ariz. - Jake Fisher of Consumer Reports says used cars can be a great choice, particularly late model used cars, and can save you a bundle!
“The real sweet spot is a three-year-old used car. You could typically get one for about half what you’d pay for a new car. And many 2016 models have all the latest advanced safety gear," says Fisher.
The four most important advanced safety features to look for are Forward Collision Warning, Automatic Emergency Braking, Pedestrian Detection and Blind Spot Warning.
For reliability, Toyotas have consistently been standouts. If you want a little more luxury, consider a Lexus. But every used car has its own, unique history.
“If you want a little more peace of mind, look at a certified pre-owned car," says Fisher. "You’ll pay a little more, but you’ll get a warranty that’s very similar to the one you’d find in a new car.”
And it’s always a good idea to get an independent mechanic you trust, for a bumper to bumper inspection. Expect to pay at least $100 for this service, but it could be money well spent if a costly problem is spotted before you buy.