Cheap Commuter Cars: Late-Model and Low Mileage For Under 10K

Dec 2, 2010 Candice Gillingwater

The Chevy Aveo Is Cheap, Economical and Sporty - smaedli

Whether you can’t afford a high car payment, want a reasonably priced vehicle you can pay cash for or are searching for a starter car for your teen, low-mileage cars provide you with the reliably you’re looking for while late-model vehicles boast the most recent features and body styles. Fortunately, frugal car buyers can enjoy the best of both worlds with these commuter cars that can all be purchased slightly used for under 10K.

Chevrolet Cobalt

The Chevy Cobalt is the king of cheap, late-model cars. It isn’t difficult to find a dealership or private seller offering a 2010 model Cobalt with less than 20,000 miles for under $10,000. An economical commuter sedan, the Chevy Cobalt also boasts a fully transferable 5 year/100,000 mile powertrain warranty.

Ford Focus

From one of America’s most trusted manufactures, the Ford Focus is available as both a four-door sedan and a two-door coupe. The Ford Focus’ light weight and small engine both contribute to its excellent gas mileage – up to 35 miles per gallon. If you’re concerned with safety, take comfort in the fact that the Ford Focus comes standard with electronic stability control and side curtain airbags. Expect to pay anywhere from $7000 to $10,000 for a 2007-2009 model Ford Focus.

Nissan Versa

Looking for versatility? Look no further than the Nissan Versa. A subcompact car, this commuter vehicle offers an automatic, six-speed manual or variable transmission. If you’re a fan of hatchbacks, 2007 and 2008 model Versas are available with a hatchback trunk. Winner of the Consumer’s Digest Best Buy Award four years in a row, look for a used late-model Nissan Versa with under 50,000 miles on the engine for less than $10,000.

Kia Rio

According to U.S. News Rankings & Reviews, the Kia Rio isn’t just cheap to buy – its one of the cheapest cars to insure. Other than good gas mileage, the Kia Rio also carries a 10 year/100,000 mile warranty. You can find a used Kia Rio with less than 30,000 miles for well under 10K, but beware, the base model Rio doesn’t come equipped with air conditioning – a choice you’ll certainly regret when summer arrives.

Suzuki Forenza

Although Suzuki discontinued the Forenza in 2008, the 2007 and 2008 model Suzuki Forenzas still offer frugal conmmuters a reasonably-priced alternative to a gas-guzzling SUV. One of the cheapest used cars on the market, it isn’t uncommon to see a Suzuki Forenza with less than 50,000 miles offered for under $7000. If you’re willing to accept an engine with more than 75,000 miles, however, don’t be surprised to discover that a used Suzuki Forenza could cost you a mere $5000 or less. For frugal consumers concerned about their commuter car’s reliability, Suzuki offers a 10 year/100,000 mile powertrain warranty on all of its vehicles.

Toyota Yaris

With a fuel economy of up to 36 miles per gallon, don’t overlook the ever-practical Toyota Yaris. Toyota, with its reputation for manufacturing reliable cars, designed the Yaris specifically for commuters. While some compact car manufacturers skimp on safety in an effort to keep prices low, Toyota equips every Yaris with such features as traction control, stability control and anti-lock brakes. Although a low-mileage late-model Yaris is a common sight on used car lots, if you’re considering the economical base model, be aware that it does not include features such as power windows and power door locks.

Hyundai Accent

One of the leading subcompact cars in its class and a favorite among commuters, the Hyundai Accent gives owners the comfort of knowing they’re protected by Hyundai’s 10 year/100,000 mile warranty. According to Edmunds.com, smart shoppers can find 2010 model Hyundai Accents for as low as $9000 – with the 2008 and 2009 models boasting an even cheaper price tag, depending on the mileage.

Chevrolet Aveo

If you’re looking for a used compact car with good gas mileage and a host of youth-friendly standard features for less than $10,000, the Chevrolet Aveo fits the bill. The Aveo gets up to 34 miles per gallon on the highway and also offers perks such as halogen headlights, keyless entry an auxiliary audio input jack. Carrying cargo is problematic in most commuter cars, but the Aveo’s flip and fold seats provide you with the roomy trunk space you need for almost any cargo – all at a delightfully cheap price. A base model Chevy Aveo‘s value range begins at $5500.

Get the Best Deal on a Cheap Commuter Car

When searching for the best commuter car to suit your needs, keep in mind that you are liable for taxes on the car your purchase (some states waive this requirement if you purchase the vehicle from a private seller) along with tag and title fees.

Some car dealerships advertise low prices but pad the bottom line with high dealer fees and expensive dealer-added options. Research the prices of comparable cars in your area and be prepared to walk away if you feel that you aren’t being treated fairly. Low-mileage late-model vehicles are in ample supply, and you won’t have trouble finding another commuter car under $10,000 if the deal falls through.

Related Articles:

The Best and Most Reliable Used Cars: Buying Guide

Used Car Buying Guide: The Best Transferable Factory Warranties

Used Car Dealership Financing Scams to Avoid

Sources:

U.S. News and World Report – Rankings and Reviews: The Most Expensive Cars to Insure

U.S. News and World Report – Rankings and Reviews: Toyota Yaris

Edmunds.com: Hyundai Accent

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  The Chevy Aveo Is Cheap, Economical and Sporty - smaedli

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  Compact Economy Cars Are Ideal for Commuters - buzzybee

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  Save Money With a Low Mileage Used Car Under 10K - emsago

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Cheap Christmas Decorating Ideas that Make a Home Festive

Christmas is just around the corner, and there really are many cheap Christmas decorating ideas that can brighten up a home for the holidays. In fact, with a little imagination, anyone can make a home festive for the holidays and accomplished it with little money. Here are a few tips for inexpensive Christmas decorating.

There are numerous inexpensive decorating items that can be found at stores such as Michaels or other craft stores and Dollar stores. Everything from ribbon, artificial flowers and candles to holiday goodies, wrapping paper or felt can be found at these different types of stores. The possibilities for decorating with inexpensive holiday items are endless.

Christmas time can still be fun when there is only a small amount of money available for decorating. Cheap Christmas decorating ideas truly are endless and they can make a home festive. With a bit of creativity, inexpensive Christmas decorating can be exciting and fulfilling for the whole family.

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Roll With The Cycles, Grab Some Cisco While It’s Cheap Again

Darwin's ideas work in stocks, too

“If I’d known I was going to live this long, I would have taken better care of myself.” – Eubie Blake, American composer (1887–1983)

You cannot underestimate the power of cycles.? They reoccur in nature, business, and financial markets with great regularity.? When we ignore them, cycles seem obvious in hindsight.? Foresight is where you’ll make your money.

Time frames may be different based on secular trends, weather phenomenon, innovations in health care, and government intervention, but generally, what goes around, comes around.? For example, economic booms and busts occurred, on average, every 14 years for 2,000 years.?Beginning in the late 20th?century, they began cycling every seven years as a direct result of government efforts to stimulate economic activity during recessionary downturns.? While they occur more frequently, they’re cycles nonetheless.

Tall Parents Have Shorter Children, On Average
Charles Darwin and his cousin, Francis Galton, were the first to note that tall parents have shorter children, on average, and vice versa.? With Karl Pearson, they studied over one thousand father and son pairs.? Galton termed this phenomenon in nature “regression to mediocrity.”? Since then, the method of studying how one variable leads to another variable has been called “regression analysis.”

Financial market observers see it all the time.? Excessively high prices eventually lead to excessively low prices.? The key to succeeding as an investor is knowing where the excesses are when they’re happening and exploiting them.

Special Offer: Make the most of explosive moves in gold and silver but don’t get left holding the bag when it’s time to run.? Click here for instant access to market timing analysis and specific gold, silver and hard asset model portfolios in Curtis Hesler’s?Professional Timing Service.

“Joining The Dow Can Be The Kiss Of Death”
In September, Jeff Reeves of InvestorPlace.com conducted research showing that by the time companies have grown to become the recognized leaders in their industries, share prices are inflated.? For example, turning the clock back to March 1999 when the Dow Jones Averages closed above 10,000 for the first time, then crested to 11,000 a few months later, four of the biggest names of the day joined the Dow 30. Here’s how they fared: AT&T (then SBC Communications), down 38%; Intel, down 50%;?Microsoft, down 47%;?Home Depot, ?down 38%.

During subsequent reformulations of the Dow Jones Industrial Average, laggards were replaced with other leaders of the time.? They included Pfizer, Verizon, Bank of America, Cisco, and AIG.? As a group, these stocks have been shellacked since they joined the Dow 30, but along the way they have continued to make a lot of money for anyone who purchased shares when stock prices were excessively low.? Many have tripled off of lows in 2003 and 2009.

The point is this: You cannot fight the power and magnitude of cycles.? They can make or break an investor.? Here’s one stock that appears far too low right now:

Fallen Angels Focus Stock: Cisco Systems? (CSCO, 20.15)

Cisco is the dominant player in the global networking industry.? Shares plummeted more than 16% on ?Thursday following a less than stellar outlook presented by company management.? While management cited near term challenges, we believe the selling has provided an attractive entry point for longer-term investors.

The company has a solid balance sheet, operating profit margins of more than 20% and net margins in the high teens.? Our fair value estimate (based on discounted cash flow analysis) is $30 per share; providing investors with 50% potential upside from current levels.

Gabriel Wisdom and clients of American Money Management LLC, including mutual funds managed by AMM may buy or sell securities mentioned without prior notice.

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Five Filters featured article: Beyond Hiroshima - The Non-Reporting of Falluja's Cancer Catastrophe.

View the original article here

Roll With The Cycles, Grab Some Cisco While It’s Cheap Again

Darwin's ideas work in stocks, too

“If I’d known I was going to live this long, I would have taken better care of myself.” – Eubie Blake, American composer (1887–1983)

You cannot underestimate the power of cycles.? They reoccur in nature, business, and financial markets with great regularity.? When we ignore them, cycles seem obvious in hindsight.? Foresight is where you’ll make your money.

Time frames may be different based on secular trends, weather phenomenon, innovations in health care, and government intervention, but generally, what goes around, comes around.? For example, economic booms and busts occurred, on average, every 14 years for 2,000 years.?Beginning in the late 20th?century, they began cycling every seven years as a direct result of government efforts to stimulate economic activity during recessionary downturns.? While they occur more frequently, they’re cycles nonetheless.

Tall Parents Have Shorter Children, On Average
Charles Darwin and his cousin, Francis Galton, were the first to note that tall parents have shorter children, on average, and vice versa.? With Karl Pearson, they studied over one thousand father and son pairs.? Galton termed this phenomenon in nature “regression to mediocrity.”? Since then, the method of studying how one variable leads to another variable has been called “regression analysis.”

Financial market observers see it all the time.? Excessively high prices eventually lead to excessively low prices.? The key to succeeding as an investor is knowing where the excesses are when they’re happening and exploiting them.

Special Offer: Make the most of explosive moves in gold and silver but don’t get left holding the bag when it’s time to run.? Click here for instant access to market timing analysis and specific gold, silver and hard asset model portfolios in Curtis Hesler’s?Professional Timing Service.

“Joining The Dow Can Be The Kiss Of Death”
In September, Jeff Reeves of InvestorPlace.com conducted research showing that by the time companies have grown to become the recognized leaders in their industries, share prices are inflated.? For example, turning the clock back to March 1999 when the Dow Jones Averages closed above 10,000 for the first time, then crested to 11,000 a few months later, four of the biggest names of the day joined the Dow 30. Here’s how they fared: AT&T (then SBC Communications), down 38%; Intel, down 50%;?Microsoft, down 47%;?Home Depot, ?down 38%.

During subsequent reformulations of the Dow Jones Industrial Average, laggards were replaced with other leaders of the time.? They included Pfizer, Verizon, Bank of America, Cisco, and AIG.? As a group, these stocks have been shellacked since they joined the Dow 30, but along the way they have continued to make a lot of money for anyone who purchased shares when stock prices were excessively low.? Many have tripled off of lows in 2003 and 2009.

The point is this: You cannot fight the power and magnitude of cycles.? They can make or break an investor.? Here’s one stock that appears far too low right now:

Fallen Angels Focus Stock: Cisco Systems? (CSCO, 20.15)

Cisco is the dominant player in the global networking industry.? Shares plummeted more than 16% on ?Thursday following a less than stellar outlook presented by company management.? While management cited near term challenges, we believe the selling has provided an attractive entry point for longer-term investors.

The company has a solid balance sheet, operating profit margins of more than 20% and net margins in the high teens.? Our fair value estimate (based on discounted cash flow analysis) is $30 per share; providing investors with 50% potential upside from current levels.

Gabriel Wisdom and clients of American Money Management LLC, including mutual funds managed by AMM may buy or sell securities mentioned without prior notice.

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Five Filters featured article: Beyond Hiroshima - The Non-Reporting of Falluja's Cancer Catastrophe.

View the original article here