Used cars are often the best choice for those with a bad credit auto loan, especially if they are purchased within a few years of the model date. Sometimes, however, pre-owned cars can quickly turn into lemons, which could result in having to spend far more on maintenance than one originally planned, leaving less to pay off the car loan. Thankfully, Consumer Reports has come up with the list of the best and worse values in used vehicles.
Multiple models by Toyota (Prius, Highlander, Sienna) and Honda (Fit, CR-V, Ridgeline) made the list of the source's best cars, among several other Asian manufacturers. They were chosen for their high ratings in road tests and reliability ratings in owner reviews.
The cars that consumers should avoid using their bad credit car loan on include a number of high-end autos, such as Audi, Cadillac, Jaguar and Mercedes-Benz. Chevrolet had several makes on the list (Astro, Aveo, Blazer, Colorado, Impala, S-10, Uplander), as did GMC (Acadia, Canyon, S-15 Sonoma, Safari).
Those who are in the market for a car should make sure to check Consumer Reports reviews prior to making their purchase, as it could potentially help save thousands in maintenance costs.