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Consumer Reports' Top 10 Most Reliable Used Cars Under $20,000

Written by CarPro | Sep 9, 2024 11:08:14 PM
Regular Car Pro Show listeners know I am not a fan of Consumer Reports, especially when it comes to cars.  I often disagree with them on a wide array of topics, and seldom concur with CR car reviews.  However, in fairness, it looks like they did their homework, and I don’t disagree with most of this list at all. 
- Car Pro Show Host Jerry Reynolds

 

Consumer Reports is revealing its first-ever used car brand reliability analysis. Additionally, CR is revealing its inaugural 10 Top Picks in Used Cars list.

CR's Used Car Brand Rankings

CR's first-ever brand ranking for used cars is based on the reliability of 5-to 10-year-old cars as informed by CR’s exclusive Annual Auto Surveys. Every year, CR says it asks its members about problems they’ve had with their vehicles in the previous 12 months. For this analysis, CR focused on the problems reported on cars from the 2014 to 2019 model years, from a survey sample of more than 150,000 vehicles. Researchers say the data shows that buyers can limit costly repairs, reduce their risks of experiencing problems, and get more life out of their vehicles over the long term by focusing on certain brands over others. 

Lexus and Toyota top the list of 26 brands, with a commanding advantage over third-ranked Mazda. CR says all three brands have had consistent average or better reliability ratings over the years. Acura and Honda also landed near the top of the list. At the other end of the spectrum, Tesla, Dodge, and Chrysler hold the 24th, 25th, and 26th positions in the ranking, respectively. 

“Brands like Lexus and Toyota have a history of conservative redesigns, incrementally improving their entire product line, rather than introducing many all-new systems,” says Steven Elek, Consumer Reports’ program leader for auto data analytics. “Our data consistently shows over time that new cars from those brands are reliable when new and they continue to be reliable as they age.”

Consumer Reports says lower-ranking brands tend to have much less consistent reliability across their model lines. For example, it says only the 2018 and 2019 Chevrolet Equinox have above-average reliability among the six years that generation was offered, but the entire 2014 to 2019 Chevrolet Silverado generation proved to have below-average reliability.

“This is why it’s best to check the reliability ratings for each model year when buying a used car,” says Elek. “Making assumptions can prove both costly and inconvenient.”

 

CR's 10 Top Used Car Picks 

CR is also sharing its first-ever 10 Top Used Car picks. Toyota and Mazda models account for half of the vehicles on it. For decades, CR says it's named its 10 Top Picks among new cars, spotlighting the cars, SUVs, and trucks that shine brightest in the organization’s extensive road tests and exclusive member surveys. CR is now applying similar selection rigor to pre-owned models in releasing its first-ever 10 Top Used Car Picks.

All of CR's top picks are valued under $20,000, earned CR’s Recommendation when tested as new, are rated above-average for reliability, and come standard with electronic stability control, ensuring that each model promises the best overall ownership experience.

 

“Although prices have come down from their pandemic highs, the average cost of a used car is nearly $30,000. That’s why we placed a big emphasis on value in selecting these 10 vehicles, looking for the hidden gems that offered the right blend of reliability, performance, and safety at the most budget-friendly prices,” Knizek said. 

Rather than cherry-picking single model years, CR says it studied cars from a generation perspective – meaning the years a single design was offered – to identify smart choices. CR then narrowed the field by targeting specific price categories. Within the price range, Top Picks are based on the newest model year that makes the cut because they tend to have fewer miles and more life left. 

“Car shoppers who can’t find the exact model year as one of our Top Picks should check if there’s a reliable model within the same generation. They’ll find much the same quality, possibly even cheaper, by considering older versions of the same car. They may even find a particularly good deal on a newer model,” Knizek added.

To read more about the rankings visit Consumer Reports here. 

Source: Press Release.