The Best Cars Under $500
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Whether you’re looking for a hyper-efficient electric car or a roaring V8, there’s a lot to consider when shopping for your next vehicle. The best cars do more than just fulfill your basic transportation needs, they go above and beyond to provide an exceptional driving experience. Those experiences can take many forms, from the fun-to-drive handling of a track-focused sports car to the refined luxury feel of a flagship sedan. Regardless of your budget, there’s a best car out there for you.
For under $500, you can find a beater that will get you from point A to point B, won’t break down too often and be cheap to fix when it does. And for those who want to make a statement with their ride, there are even options that are worth the extra cost.
The first step is figuring out what your needs and wants are. Having a clear understanding of what you want from your car will help you narrow down the options and ultimately find the perfect fit. For some, that may mean a family sedan that prioritizes comfort and reliability or a utility vehicle that can handle the occasional adventure. For others, it could be a classic muscle car that’s just as fun to drive on the weekends as it is in a racecar.
Once you’ve determined what your needs and wants are, the final step is finding a car that fits those criteria. To help, we’ve compiled our list of the best used cars under $500 for every driver, from a classic convertible with a rumble to an electric commuter that won’t have you reaching for a power outlet.
If you’re looking for a reliable and economical daily driver that’s also a blast to drive, the Mazda Miata is a perfect option. It’s not the fastest car around, but its light weight and nimble handling make it a hoot to whip through traffic and will keep you smiling for years to come. If you’re willing to trade a little reliability for more fun on the road, the Mini Cooper is another solid choice that offers plenty of style and performance at an affordable price.
Despite the fact that SUVs and crossovers are all the rage, there’s still a place in this world for luxurious sedans like the Mercedes-Benz E-Class. This Goldilocks of vehicles provides the best blend of fuel efficiency and refinement while providing plenty of space for passengers and cargo.
The BMW M2 is a favorite here at Autoweek, thanks to its track-focused mindset and an eager engine that can propel this small German hatchback with abandon. The manual-equipped models offer an even more direct connection between driver and machine, but even the automatic-equipped Supra will have you grinning ear to ear.