According to the Insurance Institute for Highway Safety (IIHS), 83% of families that bought a vehicle for their teen drivers said they bought the vehicle used. The IIHS compiled a list of the safest used cars based on four primary principles:
- Stay away from high horsepower.
- Bigger, heavier vehicles offer better crash protection.
- Electronic stability control is a must.
- Vehicles should have the best safety rating possible (NHTSA 4 or 5 star and good or acceptable on IIHS crash tests).
The mean purchase price for a used car for a teen was $9,800, while the median was just $5,300. IIHS produced a list of acceptably safe models that cost less than $20,000 (see below) and another for vehicles that cost less than $10,000. Only three vehicles cost less than $5,300. It is a sure thing that 50% of the cars purchased by or for teens are not just those three models.
One of the issues when buying a car for a teen driver is the cool factor. A large car like a Ford Motor Co. (NYSE: F) Taurus ranks near the top of the IIHS list, as does the Buick LaCrosse from General Motors Co. (NYSE: GE). Neither one is likely to fire the imagination of a teenager in quite the same way that the cooler looking (and usually less safe and cheaper) small cars.
Among midsize cars, the Camry from Toyota Motor Corp. (NYSE: TM) and the Accord sedan from Honda Motor Co. Ltd. (NYSE: HMC) are good safe buys at around $14,000 while a Volkswagen Jetta at $8,200 is also a good choice.
Most of the listed used vehicles under $20,000 are from model years after 2009. The list of used vehicles under $10,000 includes model years as old as 2005.
ALSO READ: Is That Used Car a Good Value or a Scam?
BEST CHOICES:
Recommended used vehicles for teens starting under $20,000
Vehicles on this list earn good ratings in the IIHS moderate overlap front, side, roof strength and head restraint tests. If rated by NHTSA, they earn 4 or 5 stars overall or 4 or 5 stars in the front and side tests under the old rating scheme. All come with standard ESC.
Prices, rounded to the nearest $100, were taken from Kelley Blue Book on July 1, 2014, for the lowest trim level and earliest applicable model year based on the following criteria: vehicle in good condition, typical mileage and private party purchase in Arlington, Va.
LARGE CARS | MODEL YEARS | PRICE |
---|---|---|
Saab 9-5 sedan | 2010 and later | $17,500 |
Lincoln MKS | 2009 and later | $15,500 |
Buick Regal | 2011 and later | $13,500 |
Ford Taurus | 2010 and later | $13,500 |
Buick LaCrosse | 2010 and later | $12,900 |
Volvo S80 | 2007 and later | $9,000 |
MIDSIZE CARS | MODEL YEARS | PRICE |
Toyota Prius v | 2012 and later | $19,100 |
Mercedes-Benz C-Class sedan | 2009 and later | $16,000 |
Honda Accord sedan | 2012 and later; coupe 2013-14 | $14,400 |
Audi A4 | 2009 and later | $14,300 |
Toyota Camry | 2012 and later | $14,300 |
Buick Verano | 2012 and later | $14,100 |
Subaru Outback | 2010 and later | $14,000 |
Lincoln MKZ | 2010 and later; built after April 2010 | $13,500 |
Kia Optima | 2011 and later | $13,300 |
Hyundai Sonata | 2011 and later | $12,100 |
Subaru Legacy | 2010 and later | $11,900 |
Dodge Avenger | 2011 and later | $11,600 |
Audi A3 | 2008 and later | $11,300 |
Volkswagen CC | 2009 and later | $11,200 |
Chevrolet Malibu | 2010 and later; built after November 2009 | $10,900 |
Chrysler 200 sedan | 2011 and later | $10,700 |
Mercury Milan | 2010-11; built after April 2010 | $10,700 |
Ford Fusion | 2010 and later; built after April 2010 | $10,200 |
Volkswagen Passat | 2009 and later | $10,000 |
Volvo C30 | 2008 and later | $9,800 |
Volkswagen Jetta SportWagen | 2009 and later | $9,400 |
Volkswagen Jetta | 2009 and later | $8,200 |
SMALL SUVs | MODEL YEARS | PRICE |
Honda CR-V | 2012 and later | $18,100 |
Kia Sportage | 2011 and later | $13,800 |
Hyundai Tucson | 2010 and later | $13,100 |
Subaru Forester | 2009 and later | $12,800 |
Mitsubishi Outlander Sport | 2011 and later | $12,000 |
Volkswagen Tiguan | 2009 and later | $10,200 |
Honda Element | 2007 and later | $8,900 |
MIDSIZE SUVs | MODEL YEARS | PRICE |
Volvo XC60 | 2010 and later | $18,000 |
Saab 9-4X | 2011-12 | $17,800 |
Toyota Highlander | 2008 and later | $17,100 |
Toyota Venza | 2009 and later | $15,900 |
Ford Edge | 2011 and later; built after February 2011 | $15,500 |
Ford Flex | 2010 and later | $15,100 |
GMC Terrain | 2010 and later | $14,900 |
Kia Sorento | 2011 and later | $14,500 |
Infiniti EX | 2008 and later | $14,400 |
Chevrolet Equinox | 2010 and later | $13,700 |
Dodge Journey | 2010 and later | $11,200 |
Subaru Tribeca/B9 Tribeca | 2006 and later | $8,500 |
Volvo XC90 | 2005 and later | $7,300 |
LARGE SUVs | MODEL YEARS | PRICE |
Buick Enclave | 2011 and later | $19,900 |
GMC Acadia | 2011 and later | $17,800 |
Chevrolet Traverse | 2011 and later | $16,600 |
MINIVANS | MODEL YEARS | PRICE |
Chrysler Town & Country | 2012 and later | $18,100 |
Honda Odyssey | 2011 and later | $17,100 |
Toyota Sienna | 2011 and later | $16,400 |
Dodge Grand Caravan | 2012 and later | $15,200 |
Volkswagen Routan | 2012 | $14,000 |
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.