2 Manufacturers Tie for the Most Best Used Cars for the Money, According to New Study
iSeeCars recently performed a study that investigated the best used cars for the money. This study was conducted by finding cars that are turning 10 years old this year with the longest potential lifespans. Those potential lifespans were cross-referenced with a list of average used vehicle prices, and in the end, the vehicles with the lowest price and highest potential lifespans were calculated.
While iSeeCars published their list of the top 20 vehicles you can buy according to this study, two manufacturers stand out among the rest for having the most cars on this list.
Toyota sets the standard for used car longevity
It is no secret that Toyota leads the automotive industry when it comes to reliability and longevity. Many automotive manufacturers engineer their vehicles to be long-lasting and reliable, but Toyota has historically taken their reliability to the next level by overengineering nearly every facet of their vehicles.
According to this study performed by iSeeCars, the Toyota Prius, Avalon, Camry, Camry Hybrid, Corolla, and Sienna are all leading the industry in longest average potential lifespan and value.
The best Toyota vehicle on this list is the Prius, which, for a 10-year-old model, has an average potential lifespan of around 250,601 miles with proper maintenance and care. This study also indicates that the average used Prius price today is around $13,878, and these used Prius models typically have 129,466 miles left before they reach their potential lifespan mileage.
If you are a potential owner, this means you can expect to pay around $107 per every 1,000 driven after your purchase. Of course, there is a long list of variables that could affect your potential lifespan, and you never know what kind of shape a used vehicle will be in. But on average, a 10-year-old Toyota Prius is one of the best values on the used marketplace today.
Honda challenges Toyota for the top spot
While Toyota may have had an impressive outing in this study with six vehicles making the top 20 best used cars for the money, Honda matched this with six of their own. These vehicles include the Honda Civic coupe, Fit, Accord, Civic sedan, Odyssey, and Ridgeline.
The highest-ranking Honda vehicle on this list is the Civic coupe, which has an average potential lifespan of 226,120 miles with proper maintenance and care. 10-year-old Honda Civics also have an average price of $12,673 on the used marketplace and generally have around 117,819 miles left before they reach their average potential lifespan milage.
This equates to the Honda Civic costing around $108 per 1,000 miles left in its potential lifespan. Whether you find yourself behind the wheel of a Toyota or Honda, you can’t go wrong with any vehicles produced by these manufacturers.