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Best Used Cars of 2013
Honda and Toyota had the most models make Edmunds.com Best Used Cars for 2013, filling out nearly half the list with four vehicles each.
Ford also placed well, with three of its models making the list.
List based on vehicle reliability, safety, value and availability. Only vehicle model years 2006 to 2011 were eligible.
Here’s the full list:
Subcompact Sedan: 2007-2011 Honda Fit, Toyota Yaris
Compact Sedan: 2006-2011 Hyundai Elantra
Midsize Sedan: 2006-2011 Honda Accord
Large Sedan: 2006-2011 Toyota Avalon
Coupe: 2006-2011 Honda Accord
Convertible: 2006-2011 Volvo C70
Wagon: 2006-2011 Subaru Outback
Compact SUV/Crossover: 2006-2011 Honda CR-V, Toyota Rav4
Midsize SUV/Crossover: 2006-2011 Toyota Highlander
Large SUV/Crossover: 2007-2011 Mazda CX-9
Minivan/Van: 2006-2011 Honda Odyssey
Cargo Van: 2006-2011 Dodge/Mercedes-Benz Sprinter
Compact Truck: 2006-2011 Toyota Tacoma
Large Truck: 2006-2011 Ford F-150
Luxury: 2006-2011 Infiniti G35/G37
Hybrid: 2006-2011 Toyota Prius
Two-Seat Sports Car: 2006-2011 Chevrolet Corvette
Used car loans made up 62.3% of outstanding auto loans in the second quarter of 2013. The average loan on a used car was $17,913 — up $480 from the second quarter 2012 — and the average credit score of consumers with used loans was 660, the lowest it’s been since 2007.
A consumer’s credit score impacts the rate he or she will get on an auto loan, and higher scores will likely translate into more favorable rates. Credit scores are based on consumer credit history, so it’s important to check your credit reports for potential errors before applying for loans.