The new car inventory and supply shortages kept used car prices at an all-time high for the past couple of years. However, these elevated prices didn’t have much of an impact on the best-selling models. This is evident in a study conducted by iSeeCars in which the five most popular used passenger cars were identified. Check out the cars that made the list.
5. Honda Accord
The Honda Accord has been in the market for decades and remains one the most popular models in the midsize sedan segment. Not only is it a stylish and spacious four-door car that can seat up to five, but the Accord has also been proven to be super reliable. According to data provided by iSeeCars, a Honda Accord has a potential life span of 226,168 miles, with a reported 50.2% of its life remaining.
Although, with the proper care and maintenance, we’re sure that nearly any Honda Accord can rack up over 300,000 miles or more. The best part is that a 10-year-old Accord costs an average of about $13,437, which is cheap even by today’s crazy used-car market standards. That doesn’t mean that buyers need to buy a car that old, though.
ISeeCars reports that a five-year-old Accord can cost an average of $22,450, and it should last well over 200,000 miles. It’s no wonder the Honda Accord is a household name and remains on the list of the most popular used passenger cars.
4. Toyota Corolla
The Toyota Corolla placed fourth on iSeeCars’ list of the “Most Popular Used Passengers Car in America.” The Corolla is a staple in the compact car segment, and it has always gone toe-to-toe with the Honda Civic as it matches that car’s feature set and reliability. According to iSeeCars data, a 10-year-old Toyota Corolla can easily spin its odometer well past the 200,000-mile mark and still have 47.8% of its life left.
That’s remarkable! But what’s even better is that buyers can find older model Corollas selling for an average price of $12,658, which is likely why this popular model made the list.
3. Nissan Altima
Like the Toyota Camry, the Nissan Altima has cemented itself as one of the most popular used midsize sedans you can buy. No, it’s not because Altima drivers have a bad reputation. But it could be mainly due to the car’s undeniable reliability. The Altima has a predicted reliability score of 85 out of 100 from JD Power, which is considered “great” by the publication’s standards.
Additionally, Repair Pal estimates that it should cost an average of $483 a year to maintain a Nissan Altima, which is lower than most other cars in the class. Above all else, used versions of the Altima can be found for less than $10,000. However, you may want to have a pre-purchase inspection done as some Altima drivers, unfortunately, do have a bad reputation.
2. Toyota Camry
The Toyota Camry has always been the popular alternative to the Honda Accord, so we’re not surprised that it made the list. ISeeCars published data stating that a 10-year-old Camry can last over 220,000 miles and have over 47% of its life span left. Best of all, Toyota Camry in that age range can cost an average of $13,785, which is cheap. However, buyers wanting a newer Camry that’s only around 5 years old can expect to pay an average of $20,482.
1. Honda Civic
The Honda Civic is one of the most popular cars in America, as the Japanese automaker sells well over 300,000 of them each year. A lot of this popularity could be due to the Civic’s practicality and unwavering reliability. According to the data produced by iSeeCars, a 10-year-old Honda Civic can easily eclipse the 200,000-mile mark with over 46% of its lifespan left.
A used Honda Civic can be purchased for around $12,000, which is a fraction of what a new model costs. However, buyers looking for a newer model can expect to pay an average of $22,336 in today’s market. That being the case, it’s to see why the Honda Civic topped the list of the most popular used cars.
The five most popular used cars in America
Although there are plenty of used sedans to choose from in the used market, these five are deemed the most popular choices. Each car’s relentless reliability and affordable average selling prices are what make them such standouts in the crowd. If you’re looking for a good used car, it’s a safe bet to start with any of these five examples.