These Are the Best Used Cars to Buy This Year

The car industry has gone through a wrenching transition over the past two years. First, dealerships were shuttered for weeks because of the COVID-19 pandemic. Then a shortage of semiconductors used in the electronics systems of cars made many new car models scarce. The problem became so severe that some major manufacturers closed assembly lines. Publicly held car companies reported sharp declines in revenue.

This shortage has resulted in a rise in new and used car prices. In the most recent report on the consumer price index, figures on used cars showed a 37% year-over-year surge in prices in December.

As these prices have risen, car quality and reliability have become more important than ever. People need to research what models they want to buy if they have to pay such large premiums.

The recently released Best Used Cars to Buy for 2022: The Safest, Most-Reliable Cars that Retain the Most Value study from iSeeCars analyzed 12 million used cars, collecting data on how long a model lasts, which hold their value best and which cars were safest, based on National Highway Transit Safety Administration (NHTSA) and the Insurance Institute for Highway Safety (IIHS) findings.

Cars were divided into categories, including subcompact, compact, SUV, crossover and pickup. In each category, there was a winner and runner-up.

Commenting on the value of the survey, iSeeCars Executive Analyst Karl Brauer said:

Shoppers who want to purchase a used car can alleviate sticker shock by purchasing a high-quality vehicle that is proven to be long lasting, and this list identifies those vehicles across all vehicle types and price points. This list can point used car shoppers in the right direction of finding the best possible vehicle for their unique needs.

Here are the best used cars by segment, with the runner up included:

Best Subcompact SUVMazda CX-3Subaru Crosstrek
Best Luxury Subcompact SUVBMW X1Buick Encore
Best Small SUVJeep WranglerSubaru Outback
Best Luxury Small SUVAcura RDXBMW X3
Best Midsize SUVToyota HighlanderHonda Pilot
Best Luxury Midsize SUVVolvo XC90Acura MDX
Best Large SUVToyota Land CruiserToyota Sequoia
Best Luxury Large SUVLexus LX 570Lincoln Navigator
Best SUV with 3 RowsToyota Land CruiserToyota Highlander
Best Luxury SUV with 3 RowsVolvo XC90Lexus LX 570
Best Crossover SUVToyota HighlanderSubaru Outback
Best Luxury Crossover SUVVolvo XC90Acura MDX
Best Midsize TruckHonda RidgelineToyota Tacoma
Best Full-Size TruckToyota TundraFord F-150
Best Small CarHonda CivicToyota Corolla
Best Luxury Small CarLexus IS 350/300Mercedes-Benz C-Class
Best Midsize CarHonda AccordToyota Camry
Best Luxury Midsize CarLexus ES 350Lexus GS 350
Best Large CarToyota AvalonDodge Charger
Best Luxury Large CarAudi A7Acura RLX
Best MinivanToyota SiennaHonda Odyssey
Best WagonSubaru ImprezaKia Soul
Best Luxury WagonMercedes-Benz E-ClassVolvo V60
Best Sports CarFord MustangChevrolet Camaro
Best Luxury Sports CarPorsche 911Chevrolet Corvette
Best ConvertibleMazda MX-5 MiataFord Mustang
Best Luxury ConvertibleChevrolet CorvettePorsche 911
Best Electric CarTesla Model STesla Model 3
Best Electric SUVTesla Model X
Best Hybrid CarToyota PriusToyota Camry Hybrid
Best Luxury Hybrid CarLexus ES 300hLincoln MKZ Hybrid
Best Hybrid SUVToyota Highlander HybridSubaru Crosstrek
Best Luxury Hybrid SUVLexus RX 450hLexus NX 300h

Click here to see which is the fastest-selling car in America.

Get Our Free Investment Newsletter

I have read, and agree to the Terms of Use

Source: Read Full Article