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The best used cars to buy in 2014 is a wide-open topic. Without the limitations of a price point, engine size, or body style it makes my head spin. Around twenty different cars come to mind without having to put much thought into it. Alas, for the sake of this article I have to cut back a little, so we will stick to what I believe are the five best used cars to buy in 2014. I will try to offer something for everyone…a frugal choice, a safety choice, a sporty number, etc.

Ford Fiesta

The Ford Fiesta is my choice for the best used car to buy in 2014 for the frugal minded. It meets that criteria on several fronts. You can find a variety of 2011-13 examples that will allow you to drop less than 14 large. The Fiesta is rated at 29 mpg city/39 highway, plus it is inexpensive to insure. The Fiesta also offers a decent level of creature comforts and some sporty driving.

Volvo S60

All you have to do is say Volvo and safety comes to mind. The S60 was introduced in 2000 as a mid-level sedan. It also ushered in a new sense of styling. The S60 went through a style upgrade in 2010 that softened the nose a bit. The best overall performance comes when you pair the 2.0L diesel with the five-speed manual transmission, but any engine/transmission pairing will render decent fuel economy and driving. You can buy any of the first-gen models for less than $11,000. The second-gen is going to cost you quite a bit more coin though.

Chevrolet SUVs

The large SUV is not dead, despite many rumors. Chevrolet has cemented its place within the niche through many years of producing top performing models including the Suburban, Tahoe, and Yukon. While you are practically guaranteed 150,000 miles out of any Chevy SUV you buy, purchasing one is not for the faint of heart or light of wallet. A typical 2012 model still commands $30,000 or more and gas mileage is horrendous.

Cadillac CTS

No list is complete without a luxury model. BMW and Mercedes have some nice entries in this category, but Cadillac stands head and shoulders above both. The CTS has been on Car and Driver‘s 10 Best list six times since 2003 and has won Motor Trend’s Car of the Year award twice. U.S. News and World Report ranks the 2014 model number one among Upscale Midsize Cars. That sums up the CTS’s qualifications nicely, don’t you think?

Ford Mustang Shelby GT500

Here comes the thunder! Shelby American has been turning out these pony cars on and off since 1965. After an extended hiatus, the Shelby GT500 was reintroduced in 2006 to the delight of pony car fans around the world. The 2014 Shelby Mustang is powered by a 5.0L engine that is paired to a 6-speed manual transmission. The ’14 GT500 produces 624 supercharged horsepower and is capable of 0-60 in 3.7 secs, an 11 sec quarter mile, and a top speed of 170 mph.

There are many other used cars on the market, so your opinion as to which are the best may differ from mine. We would love to hear what you think is the best used car to buy in 2014, so hit us up in the comments section.

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About the author: Jerry Coffey

 

Jerry Coffey is the financial expert here at AutoFoundry.com. A recovered "debtaholic," he now preaches frugal-living and sound money management here and at Repaid.org, where he is the chief contributor. He works for a major automaker.

 

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