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Five of the best used cars you can buy in 2024 for under £5k – including family saloon ‘with space in back seats & boot’
Some can drop as low as £1,500
MOTORING experts have shared a list of five of the best used cars you can buy in 2024 for under £5,000.
You could bag yourself a new set of wheels in perfectly good order for the same price as the deposit on a new model.
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Alex Robbins, contributing editor for The Telegraph, compiled the list to offer Brits a cheaper alternative to pricey finance agreements.
He wrote: "If you have £5,000 saved to spend on a car, don’t fritter it away on a deposit for a PCP finance deal on a new model; why not consider spending it on a cheaper used vehicle that you’ll own outright?
"You might be surprised to see just how many good-quality used cars are still available for that figure, despite a recent rise in prices.
"All are highly recommended, useful, reliable and comfortable."
Toyota Auris Hybrid
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The main plus of the Auris is its phenomenally low running costs despite being a very decent size compared to most hatchbacks.
The hybrid powertrain combines an electric motor with a titchy petrol engine to eke out over 60mpg.
All the while, you pay zero road tax thanks to the model's green credentials.
Models from between 2010 and 2012 are usually well within the budget, starting from £4,500.
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Honda CR-V
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Honda is famed for the reliability of its SUVs in particular.
Building on the legacy of the legendary Land Cruiser, the CR-V provides "loads of space" for very little cost as well as four-wheel drive.
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The rear seats can even slide down to add extra boot space.
Alex heavily recommended the model as the perfect choice for pet owners.
And with 2006-12 examples starting from as little as £3,500 it's a great bang for buck offering.
Mini Convertible
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Summer is on the way whatever the Met Office may say so what better time to enjoy a great British afternoon out in a convertible?
One excellent option for sunny days can be had from as little as £1,500 for version from 2009-15.
Mini took one of the most iconic cars of all time, chopped its block off and somehow made it even better to drive.
Alex was even bold enough to rank it over the long-dominant Mazda MX-5 at the same price point - with the two extra seats in the Mini just edging it in front.
Skoda Octavia
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Dubbed best for families by Alex, the Octavia is a real Swiss Army Knife of a motor.
An ideal all-rounder, it combines a spacious interior with a "gutsy" engine and miserly fuel economy.
It's also based on the same platform as the beloved VW Golf, while adding a little bit more room in the back seats and boot.
The model also matches the price of the Mini, with 2004-13 models starting at £1,500 even though it's a fair bit larger.
Audi TT
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Alex said: "Are you the kind of person who’s after a champagne lifestyle on beer money?
"In that case, you’ll love the second-generation TT."
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With models from between 2006 and 2014 staring at £2,500 the TT offers a top-notch sports car package at a bargain rate.
The car, named for the Isle of Man TT race, was discontinued last year so grab one while you can before the prices go up.