finding the best used car with magnifying glass

The Best Used Cars Under $20K

If you’re thinking of buying a used car in the new year, you might be wondering what the best options are – and Wisconsin Auto Title Loans, Inc. has put together a list of the top options to consider that come in at under $20k. 

Getting a car can be a pretty exciting moment, even when it’s used, and you want to make sure you do it right. To find out some of the best options, take a look at the choices below!

What Are The Best Used Cars Under $20K?

best used cars under 20k

1. 2018 Acura ILX

If you would like something similar to a Honda Civic but with a bit more “oomph” and luxury, the ILX is a pretty good starting point. It has good steering, a nice suspension, and a comfortable interior that blocks out a lot of road noise.

It also has a decent amount of tech, some great safety features, and an automatic transmission with eight speeds. The handling is good, and the car is reliable. It’s at the top end of the price range, sometimes coming in at a little over $20k, but you can generally find one for around $18k or a little higher.

2. 2016 Toyota Prius

Prius is a well-established name in most households, and the 2016 redesign had a lot of people excited. The interior is roomy and comfortable, and there’s a good amount of cargo space to be utilized. It doesn’t have all the fancy tech you might be looking for, but overall, it’s pretty decent.

There are many used versions on the market, and you may even be able to get one with some battery warranty remaining if you’re lucky! Be aware that these come in at the very top of the price range, so you may have to hunt to find one for under $20k, but they are out there!

3. 2017 GMC Terrain

If you need something more spacious, you may want to consider an SUV, although your options will be somewhat limited in this price range. One make and model to consider is a 2017 Terrain; it’s been criticized for missing features and somewhat poor handling, but its pros are numerous too.

It offers a smooth ride, a powerful engine, and a decent amount of interior room for adults, with a backseat that will slide and recline impressively. If you are looking for a good car under the $20k mark, this could be a solid choice.

used car sale

Do You Need A Loan?

Sometimes, people choose to buy a new car, as this increases their spending power and makes it easier to meet the asking price without having to save up for long periods. So, if you’ve got your heart set on a particular car but need to clear up some debt before taking on an added expense, Wisconsin Auto Title Loans, Inc. may be able to help.

We offer several different kinds of loans to individuals throughout the state, including signature installment loans, online title loans, and title loans. Depending on your personal circumstances, any of these could be right for you. For instance, if you own a second vehicle, you may want to use it as collateral to take out a title loan.

With a title loan, you can borrow as much as $15,000, depending on what your current vehicle’s make and model is, as well as its condition. They are quick to apply for and if your loan request is successful, you can have the money within just two working days.

If that doesn’t sound like it’s going to work for you, you may want to consider a signature installment loan. With this type of loan, you can borrow up to $1,500 based on your income.

Get In Touch

It’s important to spend sufficient time thinking about your options when it comes to buying a used car, so use the list above to narrow down your choices, and then take a look at your finances and consider reaching out to us if you need assistance. One of our professional representatives will be happy to help you out.

To make things easy, we have created a simple online form to get you started along our loan process, and one of our agents will call you back to see how we can assist.

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

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Emma Frost

Emma Frost is a lifestyle and finance blogger with a talent for communication and a passion for financial literacy. She uses her writing talents to explore topics that help her readers gain financial stability and growth.