In the previously-owned category of used cars under $7,000, there are a few surprises. Some of the best-known automakers’ models may be available – if you are diligent in your search. You’ll be best served if you get any car you’re considering thoroughly inspected by a professional mechanic and obtain a vehicle history report – before you hand over your cash. Cars under $7,000 have been around a few years, and are more likely to be in need of repairs at some point.
All things considered, and looking at Consumer Reports “Best Used Vehicles for Under $20,000,” we’ve arrived at the following list of cars used under $7,000. For estimated pricing, we checked Edmunds True Market Value (TMV).
- 2001-2002 Acura CL – This luxury coupe was all new in 2001, featuring new 260-hp 3.2-liter V6 engines, lots of standard equipment for bargain-basement prices, and sport-tuned Type-S for the performance-minded. The 2002 model is unchanged from 2001. Edmunds said of the 2001 model at the time, “If you are looking for a luxury coupe for about $30,000, you’ll be hard pressed to find anything better.” Edmunds TMV for the 2001 ranges from $5,911 for 3.2 to $6,744 for Type-S with navigation. For 2002, look for TMV of around $6,797 (3.2) and $7,127 for 3.2 with navigation.
- 2003-2004 Mazda Mazda6 Sedan – Mazda launched the Mazda6 midsize sedan in 2003, followed by the addition of a hatchback and wagon the following year. Consumer Guide, commenting on the 2003 model, said: “Tepid 4-cyl/automatic acceleration aside, Mazda 6 delivers on its fun-to-drive promise, yet it’s as practical as any compact sedan – and even some midsize cars. Pricing and equipment levels are also competitive. It merits a look, especially if you are a ‘zoom-zoom’ sort of driver.” Edmunds TMV for the 2003 Mazda6 sport sedan ranged from $5,960 for the Mazda6i to $7,204 for the sportier Mazda6s. For 2004, only the Mazda6i sedan fits the price point, with an estimated Edmunds TMV of around $7,361.
- 2003 Pontiac Vibe – Also introduced in 2003, the crossover wagon offered consumers an SUV-like alternative and was a Consumer Guide Recommended car. Edmunds says the Vibe GT was aimed at a small niche of performance-minded consumers and was much quicker than the base model. “Ride and handling dynamics, however, were largely the same as in other Vibe models – adequately comfortable and responsive for commuting purposes, but underwhelming from an enthusiast’s perspective.” Edmunds TMV for 2003 Vibe models ranges from $6,520 for base and $7,218 for GT in front-wheel drive (FWD), to $7,705 for the all-wheel drive (AWD) base.
- 2002-2003 Subaru Impreza – In the small car segment, many nameplates have overshadowed the – but this offers consumers looking for used car value potential bargains – especially with respect to the 2002-2003 Impreza. For model year 2002, Impreza began its second generation (2002-2007), available as a 5-passenger sedan or wagon. Edmunds comments: “Imprezas of this period were reasonably well equipped, with the most features and performance-oriented hardware coming on the WRX.” Edmunds TMV 2002 pricing ranges from $5,941-$7,371 for Impreza sport wagon TS and Outback trims, while 2.5 RS sedan ranges from $7,268-$7,651. For 2003, look for Edmunds TMV of $7,070-$7,401 (2.5 TS sport wagon, only – all other trims higher).
Looking for other potential cars used under $7,000? Also consider the third-generation Honda Civic for model years 2003-2004 and the fourth-generation Ford Taurus for model years 2004-2005. You could also opt for the 2002 Lincoln Town Car.
See all currently available for sale used cars under $7,000.