Joe asks Jody Victor: 10 Best Values In Used Cars, 2012

If you are in the market for a used car, you may have trouble finding one. Here’s Jody Victor® telling us about it from an article by Jessica Anderson of Kiplinger.

Jody Victor®: Hey, Joe, sometimes a used car is the way to go, no matter what kind of vehicle you are looking for. But since the Great Recession, used cars have not been around – people are hanging on to their older cars longer. Here’s a list, in two parts, from msn.com  that will give you something to go on.

2008 Hyundai Sonata GLS

Price when new: $19,545 (automatic)
Dealer used price: $9,902
Private-party price: $8,731
Certified used price: $11,480
MPG (city/hwy): 21/30

Hyundai’s Sonata offers a thrifty 2.4-liter engine, standard stability control and six airbags. Plus, it keeps ownership costs low — the brand’s 5-year/60,000-miles new-car warranty and five-year no-charge roadside assistance transfer to new owners (they get the remainder of both). The famed 10-year/100,000-mile powertrain warranty, however, doesn’t transfer.

2009 Subaru Impreza 2.5i sedan

Price when new: $18,190
Dealer used price: $12,191
Private-party price: $10,967
Certified used price: $12,859
MPG (city/hwy): 20/27

Engaging driving dynamics and Subaru’s always-standard all-wheel drive are only part of the Impreza’s appeal. It garnered a Top Safety Pick from the IIHS and has side and side-curtain airbags. If a collision causes the front airbags to deploy, smart technology protects the driver and front-seat passenger. Sensors measure the driver’s proximity to the steering wheel, as well as the passenger’s weight (to determine whether a child or an adult is occupying the seat), and adjust the airbags’ force accordingly.

2009 Chevrolet Malibu 1LT

Price when new: $23,225
Dealer used price: $13,114
Private-party price: $11,937
Certified used price: $14,141
MPG (city/hwy): 22/33

With its 2008 redesign, the Malibu garnered a lot of accolades: Kiplinger’s Best New Car and Best in Class awards were just a cherry topping to the industry’s prestigious North American Car of the Year award. But to play it safe, we recommend buying a redesigned vehicle in the second year of production — the first year’s examples often have kinks to work out. For 2009, stability control became standard across the trim lineup, along with side and side-curtain airbags.

2009 Nissan Rogue S

Price when new: $21,020
Dealer used price: $14,971
Private-party price: $13,435
Certified used price: $16,123
MPG (city/hwy): 22/27

After a 2008 redesign, when we named it Best New Small Crossover, the Rogue ascended to Kiplinger’s Best in Class award for 2009. Its stylish exterior complements the value it holds inside — including a peppy 2.5-liter four-cylinder engine, stability and traction control, and six airbags. Plus, it was rated a Top Safety Pick by the IIHS.

2008 Honda CR-V LX

Price when new: $21,370
Dealer used price: $15,135
Private-party price: $14,089
Certified used price: $16,402
MPG (city/hwy): 20/27

A perennial Kiplinger’s Best New and Best Used pick, the CR-V keeps its value throughout its lifespan. It boasts fuel economy on par with a midsize sedan, but it has more than twice the cargo capacity (36 cubic feet behind the rear seats). Its standard stability control and six airbags helped win it a Top Safety Pick from the IIHS.

Thanks, Jody! More next time.

Joe Victor