7 Best Used Compact Cars Under $5,000 According to KBB

If you’re trying to find a used car for your travels, chances are, you’ve conducted some research in your spare time. More specifically, you’ve probably utilized Kelley Blue Book. This trusted source listed the best used compact cars priced to sell under $5,000. Did your favorite models make the list? Let’s dive deeper.

1. The 2005 Toyota Corolla

The body style for the 2003, 2004, 2005, and 2006 model years and generation of the Toyota Corolla compact sedan
2003 to 2006 Toyota Corolla | Toyota Motor Sales, U.S.A., Inc.
  • Average Retail Price: $4,375 – $4,800

Up first, of course, is a classic compact sedan. The 2005 Toyota Corolla snagged the number one spot due to its reliability, excellent efficiency, and strong resale value. If fuel efficiency concerns you, the 2005 Corolla gets 26 mpg in the city and 35 mpg on the highway. So, making frequent trips to the gas pump will be a thing of the past!

2. The 2006 Honda Civic

  • Average Retail Price: $4,250

Ahh, the Honda Civic. It’s always a popular option when it comes to used compact cars. The best part about the Honda Civic is that it’s available in many different options. Whether you need a value-focused car or want something with some power, like a sporty Civic Si, you’ll find it in the Civic lineup. These cars are nothing less than dependable.

3. The 2004 Toyota Prius

  • Average Retail Price: $4,525

Second-generation Toyota Prius models are great for many reasons — but their reliability and longevity are top-notch. If you crave hybrid efficiency but don’t want to break the bank, this model receives a combined gas mileage rating of 46 mpg.

4. The 2005 Pontiac Vibe

  • Average Retail Price: $4,100 – $4,550

The 2005 Pontiac Vibe was built on the same platform as the Toyota Matrix. Since it’s a 5-door hatchback, you know there will be plenty of passenger and cargo space inside, making this Kelley Blue Book‘s #4 option on the list. Plus, some trim levels offer all-wheel drive.

5. The 2004 Toyota Matrix

  • Average Retail Price: $3,925 – $4,725

Can you say blast from the past? The 2004 Toyota Matrix has a lot to offer — just like the Pontiac Vibe. You’ll have peace of mind with Toyota’s solid reputation by your side. 2004 Matrix models are available with all-wheel drive and a choice of a manual or automatic transmission, depending on your driving needs.

6. The 2007 Hyundai Elantra

  • Average Retail Price: $3,985 – $4,700

Good gas mileage? Check! Solid crash test scores? Check! A great value at an affordable price? Check! As you can see, the 2007 Hyundai Elantra offers exceptional value. Additionally, this compact car can achieve up to 33 mpg on the highway, whether equipped with manual or automatic transmissions.

7. The 2007 Mazda3

  • Average Retail Price: $4,875

Ranking 7th on the list is the 2007 Mazda3. This sporty and fun-to-drive car is an excellent investment. The inside is comfortable and loaded with standard features. Additionally, the Mazda3 is available in a 5-door hatchback or a 4-door compact sedan body style. Which one would you choose?

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