5 Great Used Cars You Can Afford With A Small Loan

January 20th, 2016 by


2002 Camaro


Buying a used auto is typically about making the right choice for your lifestyle to match your available budget. This can be difficult, and may require a consumer to sacrifice certain aspects of their ideal vehicle in the interest of saving money or getting other features that are more important. For many drivers this also means choosing practicality over all else, since it seems more worthwhile to invest in a sturdy, albeit less-than-exciting used model for the sake of getting your money’s worth.

Fortunately, this isn’t your only option. While many drivers and used car buyers may not realize this, your options for a used vehicle are actually much broader than you may have previously realized. This means you don’t have to simply settle for the most practical, affordable model you can find, but that you can actually find a decent used vehicle that will still turn heads as you roll by. The next time you’re looking at bad credit car dealerships for your next car, here are a few impressive models to keep in mind that you will still be able to afford with a small bad credit loan.

The following are some high-profile models from years gone by that you can find now for under $5,000. If you have bad credit and can’t secure a good loan, or you want a nice, sporty model but don’t want high monthly payments, then these might be just the models for you.

2002 Chevrolet Camaro

A classic model with a reputation for performance known worldwide, the Camaro is typically the stuff of legends for used car buyers, relegated to the custom garage lifts and museums of hardcore collectors or super wealthy car lovers. This, however, is only true of the most recent model. With just a little bit of research, you too can find an excellent Camaro with about 100,000 miles on it for under $5,000.

Boasting a 3.8L V6 engine capable of 31 miles per gallon highway to match its sleek, sporty appearance, the 2002 Camaro is a solid model for the car lover looking to save a little green without sacrificing any of that burning rubber.

2005 Mazda Miata

Having become nearly synonymous with sporty performance, one might be surprised to find such an affordable Miata anywhere. Luckily, they seem to be widely available, and often surprisingly affordable. Plus, boasting a 1.8-L 4-cylinder engine capable of up to 28 miles per gallon highway, the 2005 Miata is a fully capable sport model ready and waiting for the eager driver looking for a great deal.

2000 Jeep Wrangler

Jeeps are famous for lasting forever with proper maintenance, and with just a little bit of searching you too can easily find any number of used Wranglers out there for an affordable price. Chances are, some will even have accessories or upgrades already built in, meaning more options for you as a buyer. And since a Jeep can rack up thousands and thousands of miles before giving up, you can be secure even buying a Jeep with 200,000 on the odometer.

1989 Chevy Corvette

Or, for a serious way to put your money to good use, you can step back in time and be the coolest guy at the party with your 1989 Chevy Corvette, a classic muscle model complete with flip-up headlights and that classic boxy ’80s look. If you’re looking to seriously step up your game on the curb without breaking the bank, consider an old Corvette like this one – still guaranteed to turn heads even all these years later.
As you can see, used car buyers are not quite as limited as it may at first appear. Sure, you may be tempted to go with something practical for your money, but it’s good knowing these options are out there waiting. Somewhere there’s a gently used pony car at a great price waiting for you – you just need to have your eyes open to find it.