Best Used Cars to Buy on Black Friday 2020

Black Friday, otherwise known as the day after Thanksgiving is a huge day for sales and discounts. It’s also an incredibly popular weekend to buy a car. But while most of the ads you see will probably focus on new cars, you can also find deals on used cars, as well. According to a recent study by iSeeCars, you can expect discounts of around 5.5% or $1,221.

“Black Friday typically ushers in the time of year when dealers are most likely to offer used car deals, which aligns with the height of the new vehicle buying season. While the used car market is currently seeing lower than normal inventory and higher than normal prices, there are still deals to be had this Black Friday,” said Executive Analyst Karl Brauer in a statement. Let’s take a look at the cars you can expect to get above-average discounts on this Black Friday.

Nissan Altima

The Nissan Altima is one of the brand's best-selling sedans.
Nissan Altima | Nissan

While the average Black Friday used car discount is 5.5%, the Altima is projected to come in at about 6.5%. Maybe that’s because dealers are desperate to move units, but Brauer has another theory. “Despite sedans declining in popularity compared to SUVs, the Nissan Altima is still a strong seller thanks to its sleek appearance and driving dynamics,” said Brauer.

Dodge Grand Caravan

2020 Dodge Grand Caravan
2020 Dodge Grand Caravan | Dodge

In the case of the Dodge Grand Caravan, it’s pretty clear why dealers should be offering discounts on Black Friday. It’s no longer in production, and dealers will want to make room for more desirable stock. Because of that, you can expect a 6.6% discount on used Grand Caravans.

Toyota Corolla

2021 Toyota Corolla Apex
2021 Toyota Corolla Apex | Toyota

If you’re in the market for a used Toyota Corolla over Black Friday, look for discounts around 6.7%. “Thanks to the growth of the affordable subcompact SUV segment, there has been a lowered demand for small sedans,” said Brauer. “Additionally, these cars attract budget-conscious consumers, which helps keep their prices low.”

Kia Soul

2020 Kia Soul GT-Line in inferno red driving on a track with a blue sky
2020 Kia Soul GT-Line | Kia

We probably wouldn’t think to call the Kia Soul a crossover, which is apparently what Kia considers it. But if you like the boxy shape and funky styling, it’s a great little car. It’ll also probably come with a 6.8% discount.

Toyota Prius

An image of a Toyota Prius outdoors.
Toyota Prius | Toyota

It’s not clear how much you can attribute the Prius’s declining sales to the increased popularity of other electric vehicles. If you still like the idea of a hybrid, though, you’ll probably love the Prius. Next weekend, look for discounts around 7.0%.

Nissan Sentra

A red 2019 Nissan Sentra driving down a city street
The 2019 Nissan Sentra in action | Photo via Nissan

Hey! The MotorTrend Car of the Year finalist made this list, too. Well, sort of. These are used Sentras, not new ones, but with a 7.2% discount, you might not complain.

Kia Forte

Blue Kia Forte
Kia Forte | Kia

Yeah, there are a lot of compact sedans on here. Apparently, if you’re not into small crossovers, you’re a rare enough buyer that you’ll be able to get great deals. iSeeCars says 7.5% if you shop this coming weekend.

Toyota Sienna

2020 Toyota Sienna driving around apartment buildings
2020 Toyota Sienna | Toyota

Crossovers have also taken away minivan sales, so it makes sense there’s another minivan other than the Grand Caravan. If you want a used minivan with all-wheel drive, it’s also your only option. Look for discounts of around 7.8%

Nissan Versa

2020 Nissan Versa parked outside of a glass panel garage
2020 Nissan Versa | Nissan

While demand for cars like the Nissan Sentra has gone down, we’re also seeing less interest in even smaller cars such as the Versa. They’re just not as desirable anymore. You can probably get an 8.9% discount on Black Friday.

Chevrolet Bolt

Red 2019 Chevrlet Bolt EV hatchback driving down the road next to a forest
2019 Chevrlet Bolt EV | Chevrolet

The Biggest Complaint About Toyota Corollas Is Why They’re so Popular

The Chevrolet Bolt is the last car on this list, a distinction that translates to a 10.1% discount after Thanksgiving. That’s an incredible deal, at least as long as you have a way to plug it in. You probably don’t want to buy an electric car if you can’t charge it.