Consumer Reports awarded Toyota with the top three spots on its recent list of "Best Used Cars Under $10,000." The list was determined by fuel efficiency and the 2004 Prius was the top contender, with an average 44 miles per gallon (mpg). The 2001 through 2003 Prius models took second place with 41 mpg and the Toyota Echo came in third at 38 mpg.
The 2004 Prius was also named Car of the Year by Motor Trend, which spawned a touch of controversy as it was the first hybrid vehicle to receive the honor. The editorial staff tested the car against 25 others, including the Chevy Aveo and the Subaru Impreza, and they found that the Prius had the most significant development and best value for new 2004 model-year cars.
Now, Toyota's hybrid is one of the best used cars for bad credit, and its fuel economy will help drivers save money at the pump.The base price of a used 2004 Prius starts around $8,500, according to Edmunds.com, which makes it an ideal choice for drivers who are applying for used car loans.