3 used cars to avoid
Posted on Monday, October 1, 2012 at 3:43:53 PM
While used-car prices have come down slightly from their unprecedented high just a few months ago, values still remain near record levels, according to the National Automobile Dealers Association (NADA) Used Car Guide. Using auto financing to purchase a vehicle is a large commitment and buyers don't want to accidentally stumble into a lemon.
Here are three used cars to avoid:
1. Cadillac STS. Forbes reports that this vehicle was discontinued following 2010 and it has regularly failed to score well in J.D. Power's dependability measurements. Not only is the vehicle expensive to repair, but Consumer Reports claims the car had many issues with its electrical and breaking systems.
2. Chevrolet Aveo. This compact car was an inexpensive purchase option when first released in the mid-2000s. However, the car's low sticker price was not enough to please consumers or auto experts, as the vehicle sacrificed reliability, features and comfort, which led to expensive repairs and maintenance later on.
3. Jeep Liberty. Potential car buyers looking at larger vehicles such as a truck or SUV may have seen this vehicle left on a used car lot. The Jeep Liberty features a track record of mediocre performance and poor fuel economy as its main characteristics, as well as a lackluster safety score, according to the news source.