In a fluctuating economy, especially following the uncertainties of 2020, the idea of a dependable used car becomes increasingly appealing. For many, the desire to sell a newer, pricier car to opt for something more budget-friendly is a sensible financial move. Alternatively, if you’re in need of a vehicle, choosing used over new can be a remarkably smart decision. Used cars offer significant value, having already undergone a substantial portion of their depreciation. This makes them a financially sound choice for individuals seeking quality without the hefty price tag of a brand-new model. Thinking about making an informed used car purchase in 2021? It’s wise to consider resources that can guide you through the process, and while AARP itself may not have a specific “Aarp Car Buying Program 2021” explicitly named, the organization consistently provides valuable insights for its members navigating significant life decisions, including car buying.
Even under normal economic conditions, opting for a used car is often the more prudent choice. The significant depreciation a new car experiences in its initial years is a loss the first owner absorbs, making subsequent years of ownership far more economical for the used car buyer. You can often secure a well-equipped used vehicle for the same price, or even less than, a base model new car. For those mindful of their finances, especially retirees and seniors who AARP serves, this difference in cost can be substantial. While we explore reliable used car options, remember to check AARP’s website for any current resources or guidance they might offer to assist members in making smart purchasing decisions in 2021.
The experts at iSeeCars, known for their extensive automotive database analysis, have identified a selection of used cars, minivans, pickup trucks, and SUVs, all priced at $15,000 or less, boasting strong reliability scores and commendable safety ratings. These vehicles range from electric and hybrid models to luxury sedans and robust work vehicles. It’s important to note that to meet the budget criteria, some of these recommendations might be slightly older models. This is often because these vehicles have maintained their value well over time, only recently falling into our target price range. According to iSeeCars, their comprehensive database, encompassing millions of vehicles, indicates that these models were initially recognized for their reliability and continue to provide dependable service.
While we are presenting these categories alphabetically, it’s worth noting the shift in the new car market where SUVs have largely overtaken traditional sedans in popularity. The ease of entry and exit in SUVs, along with the enhanced visibility from a higher seating position, are significant draws for many drivers.
Compact Car
2017 Toyota Corolla
Our Take: The 2017 Toyota Corolla stands out as one of the newest models on this list, offering a more contemporary feel compared to some older options. With decades of road test experience informing this assessment, the Corolla is recognized for its dependability, though some may find its driving experience somewhat understated. For those seeking a more dynamic driving experience, the 2015 Honda Civic, priced around $13,973, presents a sportier alternative. The Civic’s performance metrics are comparable to the Corolla, with a notable J.D. Power consumer satisfaction score of 73. When considering compact used cars in 2021, both the Corolla and Civic are solid, reliable choices.
Price (based on iSeeCars data): $14,601
MPG (combined city/highway, EPA): 30-34 (varies by trim level)
Yearly Fuel Cost (EPA): $950-$1,050
NHTSA Overall Crash Rating: 5 stars (top rating)
Consumer Reports Reliability Rating: 5 (top score, recommended model)
J.D. Power Consumer Satisfaction Rating: 84/100
Electric Car
2014 Chevrolet Volt
Our Take: Yes, an electric car under $15,000 is attainable. The 2014 Chevrolet Volt is an excellent example. While technically a plug-in hybrid, the Volt operates primarily on electric power for its first 38 miles. After that, its gasoline engine activates to power a generator, extending the electric range by approximately 300 additional miles. This unique setup makes the Volt a compelling option for those looking to dip their toes into electric vehicle ownership without fully committing to a purely electric range dependent car, especially when considering used car purchases in 2021.
Price: $12,610
MPG Equivalent: 98 (first 38 miles), 37 (using premium gas thereafter)
Yearly Fuel Cost: $850
NHTSA Crash Rating: 5 stars (top rating)
Consumer Reports Rating: 5 (top score)
J.D. Power Rating: 70/100
Hybrid Car
2014 Toyota Camry Hybrid
Our Take: The 2014 Toyota Camry Hybrid, part of the Camry’s 2012 generation refresh, was a standout model. However, subsequent updates around 2015 shifted its driving dynamics in a less favorable direction. Therefore, a personal test drive is highly recommended to determine if this specific model year meets your driving preferences. For used hybrid options in the 2021 market, the 2014 Camry Hybrid represents a point where fuel efficiency and Camry’s established reliability intersect favorably.
Price: $14,063
MPG: 39-40 (varies by trim level)
Yearly Fuel Cost: $800
NHTSA Crash Rating: 5 stars (top rating)
Consumer Reports Rating: Not individually rated, but the entire Camry lineup received a 5 (top score and recommended model), with positive feedback on the hybrid version’s test drive.
J.D. Power Rating: 82/100
Hybrid Car
2014 Toyota Prius
Our Take: The Toyota Prius, introduced to the U.S. market in 2000, has become almost synonymous with the term “hybrid.” While not necessarily exhilarating, Prius models consistently perform adequately in road tests. As with the Camry Hybrid, experiencing a Prius firsthand through a test drive is advisable to ensure it aligns with your expectations. Given its long-standing reputation for fuel efficiency and reliability, the 2014 Toyota Prius remains a relevant and practical choice for used car buyers in 2021, especially for those prioritizing economy and dependability.
Price: $13,460
MPG: 48
Yearly Fuel Cost: $650
NHTSA Crash Rating: 4/5 stars
Consumer Reports Rating: 5 (top score, recommended model)
J.D. Power Rating: 74/100 (Dependability Award winner)
When navigating the used car market in 2021, particularly if you’re considering resources like an “aarp car buying program 2021” or simply seeking reliable and budget-friendly vehicles, these models offer a strong starting point. Always conduct thorough research and consider your personal driving needs to make the most informed decision. For AARP members, checking the AARP website for any updated resources or partnerships related to car buying in 2021 could provide additional valuable assistance.
