Following the recent financial uncertainty from Brexit, many have steared clear of purchasing a brand-new car in 2018. In fact, recent figures show that new car sales were down 15.7% on March 2017.
With the average cost of a new car now exceeding £33,000 and depreciation exceeding 60% within just 3 years, it’s easy to see why more and more people are turning to used cars.
Of course, the major worry for many who buy a used car is reliability. Are you going to be hit with a huge repair bill just 6 months after driving the car away from its previous owners?
Of course, many potential issues can be identified when inspecting and test-driving the vehicle. Doing research on any common problems with the model prior to purchasing is also a good idea.
If you are in the market for a used car but are unsure what model to go for, we may just be able to help. Below are 5 of the most reliable used cars for less than £10,000.
BMW 3 Series
A brand new 3 Series is likely to set you back somewhere in the region of £40,000. For £10,000 though you could drive away with a 2013 model with less than 50,000 miles on the clock.
BMW have long been synonymous with quality engineering and the 3 series is no exception. The 2.0 litre diesel will be good for 60MPG and boasts an impressive 184BHP. In addition, you can expect to pay just £30 a year for road tax.
The 3 series also come with an enviable list of interior and exterior features including on-board computers, auto start-stop, heated seats and 12V internal power sockets to name just a few.
Slightly smaller than the 3 Series, the Audi A3 is still an excellent all-rounder.
For £10,000 you can expect to get a 2014 model with a 2.0L diesel 3 door model. Much like to BMW, the A3 boasts an extremely economical average MPG of 68MPG. Not only will this mean you’re taking less regular trips to the fuel station, but it means your tax bill will be an extremely affordable £20 a year.
The 3-door model may not be a great option for those with a young family, however for £10,000 the 2014 5dr Sportback model is an excellent option.
If the usual German hatchbacks a not for you, then the Volvo V40 is an worthy alternative.
For less than £10,000, you’ll be able to find a range of 2015 models with mileage as low as 40,000. The 1.6 Litre diesel is extremely economical, achieving MPG in excess of 90 on long journeys. With CO2 emissions of just 88g/km, the V40 is completely road tax exempt.
For a similar price you could go for the sharper-designed 2014 Cross Country Lux model with full leather interior.
No good reliable car guide would be complete without featuring the Volkswagen Golf!
The gold is the ultimate all-rounder and for £10,000 you can find a huge breadth of low-mileage models from the economical TSI petrol engines to the high-performance GTI.
On our search, we found an immaculate 2017 1.6 litre TDI Bluemotion 5dr model with just 18,500 miles on the clock. The plush interior features a 6.5 inch colour touch-screen display, cruise control and front and rear parking sensors.
If you’re in the market for something a little more spacious, the Nissan Qashqai may be the one for you.
£10,000 is likely to get you a 2015 model with less than 60,000 miles on the clock. This sleekly designed SUV features cruise control, rain-sensing wipers, telephone Bluetooth integration and 17inch alloy wheels. The economical 1.2 litre petrol engine is also capable of achieving 55mpg – excellent numbers for an SUV.
We hope this article provides you with some inspiration if you’re in the market for a used car. Remember to spend plenty of time comparing prices online to ensure you get the best possible value for money. Carrying our HPI checks or taking someone with a good knowledge of cars to the viewing is also a good idea.
Have you had any good or bad experiences buying used cars? We’d love to hear about them in the comments section below.
If you’re looking for car financing options, here at Talk Loans we can help you find a range of affordable options, even if you have poor credit. Simply contact us to find out more.