When considering purchasing a used car, many buyers face the decision between a car and an SUV. While SUVs offer a higher driving position, more cargo space, and a robust presence on the road, used cars often present more advantages for those looking for efficiency, lower costs, and a refined driving experience. The fact that sedans generally come at a lower price point than SUVs can open up possibilities for buyers to access higher trim levels and advanced features within their budget. For those looking to spend under $20,000 on a used vehicle, there are excellent options available, especially from the 2021–2023 model years. This guide explores some of the best choices for used cars that offer reliability, efficiency, and great value, helping you make an informed decision.
1. 2021–2023 Toyota Corolla: Compact Sedan/Hatchback
The Toyota Corolla has long been a favorite in the affordable car segment, thanks to its reliability, excellent fuel efficiency, and strong safety features. Available in both sedan and hatchback variants, the Corolla continues to impress with its value proposition. The 2021–2023 models are especially appealing, offering standard features like Apple CarPlay and Android Auto, ensuring a modern driving experience. The Corolla Hybrid, in particular, is noted for its impressive fuel economy, making it an eco-friendly option. However, the base engine leaves something to be desired in terms of power, and the car’s handling isn’t as dynamic as some of its rivals, such as the Honda Civic or Mazda 3. Moreover, the interior, though well-built, is not the most spacious, with limited rear-seat legroom and trunk space in the sedan.
2. 2021–2023 Nissan Altima: Midsize Sedan
The Nissan Altima, a midsize sedan, stands out in its class for its excellent fuel economy and available all-wheel drive, which is ideal for those who face varying weather conditions. The 2021–2023 Altima models are equipped with solid safety features, and their interiors feel well-constructed. The Altima also offers impressive handling, with a steering system that feels well-weighted and precise. However, the car’s premium feel is somewhat diminished by the absence of higher-end materials in the interior, and its CVT transmission can be frustrating, particularly in versions equipped with the VC Turbo engine. Despite these drawbacks, the Altima remains a strong contender for anyone seeking a practical, reliable midsize sedan.
3. 2021–2023 Hyundai Elantra: Compact Sedan
For those in the market for a compact sedan, the Hyundai Elantra offers a unique combination of cutting-edge technology and a bold exterior design. The 2021–2023 models feature a robust suite of standard tech, including Apple CarPlay and Android Auto, even on lower trims. The Elantra’s ride quality and handling are commendable, offering a balanced driving experience that suits both city commuting and highway cruising. On the downside, the interior materials in lower trims feel a bit cheap, and the base engine lacks the punch that some drivers may desire. Additionally, while the exterior design is eye-catching, some may find the cabin’s style a bit too futuristic.
4. 2021–2023 Nissan Sentra: Compact Sedan
The Nissan Sentra has evolved into a well-rounded compact sedan, with a handsome exterior design and a surprisingly high-quality interior for its class. The 2021–2023 models offer a smooth ride, decent fuel economy, and a good selection of tech features, including standard Apple CarPlay and Android Auto. Despite these positives, the Sentra’s powertrain feels underwhelming, and its CVT can be jerky, especially at lower speeds. Additionally, while the Sentra is a comfortable daily driver, its driving dynamics are far from exciting, making it less appealing for those who prioritize performance.
5. 2021–2023 Honda Civic: Compact Sedan/Hatchback
The 2021–2023 Honda Civic is a standout in the compact car segment, offering a blend of strong fuel efficiency, engaging driving dynamics, and a well-rounded set of features. The 2021 model represents the last year of the 10th-generation Civic, which was already known for its impressive driving experience and strong standard equipment. For 2022, Honda introduced the 11th-generation model, which builds on its predecessor with improved styling and better technology. However, the earlier model’s exterior design can seem overstyled to some, and its infotainment system is a bit sluggish. The 2022 and 2023 versions are more refined, though some users may find the cabin noise levels to be higher than expected.
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6. 2021–2023 Hyundai Sonata: Midsize Sedan
For those seeking a midsize sedan with a distinctive look and a tech-filled interior, the Hyundai Sonata is a great choice. The 2021–2023 models offer nimble handling, a comfortable ride, and a host of safety features, including standard Apple CarPlay and Android Auto. The Sonata’s exterior design is bold, which may not appeal to all tastes, but it helps the car stand out in a crowded segment. However, the Sonata’s interior materials in some trims feel less premium than competitors, and the lack of all-wheel drive options might be a dealbreaker for buyers who live in areas with harsher climates.
7. 2021–2023 Chevrolet Bolt EV: Electric Hatchback
For those looking to make the leap into electric vehicles, the Chevrolet Bolt offers an affordable entry point with a commendable driving range and an enjoyable driving experience. The 2021–2023 Bolt models feature smooth acceleration and sharp handling, making it an enjoyable option for those who want a nimble car with zero emissions. The interior is spacious, and the car’s tech offerings, including Apple CarPlay and Android Auto, ensure a modern driving experience. However, the Bolt’s interior materials feel somewhat cheap, and the brake pedal feel is not as natural as in other vehicles. Additionally, while the driving range is impressive for its price, it is important to note that a used EV may have a reduced range compared to a new model.
8. 2021–2023 Mazda Mazda3: Compact Sedan/Hatchback
The Mazda 3 is renowned for its stylish design, both inside and out. The 2021–2023 Mazda 3 models come equipped with a robust set of active safety tech and support Apple CarPlay and Android Auto. The driving experience is one of the best in the compact car segment, with precise steering and excellent handling. The cabin features premium materials and a sleek design, but it does come with some drawbacks. The rear torsion-beam suspension system makes for a rough ride on less-than-ideal pavement, and the car’s interior can become noisy. Fuel economy is also not as strong as some rivals, and visibility from the driver’s seat may be compromised by its low-slung design.
9. 2021–2023 Subaru Impreza: Compact Sedan/Hatchback
The Subaru Impreza offers a unique proposition in the compact car market by coming standard with all-wheel drive, making it an excellent choice for those living in areas with rough weather conditions. Whether in sedan or hatchback form, the Impreza delivers a smooth ride and balanced handling, paired with solid fuel economy. The standard Apple CarPlay and Android Auto compatibility ensure connectivity on the go. However, the Impreza’s engine feels underpowered, and the road noise can be intrusive, particularly in the Sport models. Additionally, the exterior styling is rather plain, which may not appeal to those seeking a more visually striking car.
10. 2021–2023 Toyota Camry: Midsize Sedan
The Toyota Camry has long been one of the most popular midsize sedans, offering a perfect balance of reliability, efficiency, and solid driving dynamics. The 2021–2023 models come with a strong engine lineup, including a fuel-efficient four-cylinder option and a more powerful V6 for those seeking additional performance. The Camry excels in safety, with excellent crash-test ratings and standard features such as Apple CarPlay and Android Auto. However, while the Camry is sportier than previous models, the steering can feel a bit numb, and its handling is less engaging compared to some of its rivals. Additionally, the back seat is smaller than what some competitors offer in this segment.
Choosing the right used car depends on a variety of factors, including personal preferences, budget, and the features you value most. For those prioritizing affordability, reliability, and fuel efficiency, the Toyota Corolla, Nissan Altima, and Hyundai Elantra offer great value under $20,000. Meanwhile, the Mazda 3 and Honda Civic excel in driving dynamics and design. The Chevrolet Bolt presents an attractive option for eco-conscious buyers, while the Toyota Camry and Hyundai Sonata provide a blend of sportiness and practicality in the midsize segment. No matter the model, the 2021–2023 vehicles on this list all offer excellent quality and value, making them standout choices for anyone looking for a reliable used car.
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