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Are you looking to buy a used car to save some money on your next purchase? Some cars don’t retain value well once they are sold. In fact, an average car loses up to 11 percent of its value once it’s driven off the lot. Some cars, however, are known to stand the test of time. Consider the following used car models next time you head out to buy a used vehicle.

2005-2008 Pontiac Vibe

pontiac-vibeImage via Flickr by nixternal

This generation of Pontiac Vibes make a fantastic vehicle for any commuter. The small hatchback car features a generous 19.3 cubic feet of cargo space, but when you fold the back seat down, you’ll get a full 54.1 cubic feet of cargo space, making it a great small car for transporting goods. The better news is that the 2005-2007 models all get up to 36 mpg highway while the 2008 model gets 33 mpg highway, making it a money-saving vehicle on the road.

As if that isn’t good enough, the Pontiac Vibe has been known to last with high miles on it. If you’re looking for one of these vehicles made during these years, aim for the 2007 model if you can as it has received favorable reviews across the board.

2007-2008 Hyundai Sonata

hyundai-sonataImage via Flickr by order_242

The Hyundai Sonata is a vehicle best known for its affordable luxury. With the 2007-2008 models, you’ll find a nice car at a price you can afford. With generous gas mileage — 34 on the 2007 and 31 on the 2008 — and features like heated seats, this comfortable ride will leave you enjoying the commute. While the car does not come with some of the features you’d expect on newer models like navigation and Bluetooth capabilities, it is a comfortable sedan with plenty of trunk space that will deliver a high level of practicality.

2004-2007 Toyota Prius

toyota-priusImage via Flickr by EarlRShumaker

Are you interested in getting a used vehicle with great gas mileage? Known to last for well over 200,000 miles, the 2004-2007 Prius models are a great used car pick for people who want fantastic gas mileage with a long-lasting vehicle. Each model in this range is rated at 60 mpg city and 51 mpg highway, making it a wonderful purchase for people who drive a lot and would like to save money on gas. While prices will vary drastically depending on the condition of the vehicle, you could find a 2004-2007 Toyota Prius for under $10,000. Use a KBB used cars search to find one in your area.

You can also search for used cars on websites like AutoVolo to give you an idea of the price you can expect to pay for specific vehicles.

2005 Volvo S60

The 2005 Volvo S60 is worth checking out if you’re on the market for something cheap yet luxurious. Kelly Blue Book rates the retail value of this car under $5,000, so you could certainly get a great deal. The upside is that it features luxury options like a posh interior and unique Swedish styling. With mpg rated at 29 highway, you’ll get fair gas mileage at a highly affordable initial price. Additional perks include generous trunk space, impressive safety features, and heated seats.

2007 Chevrolet Silverado 1500

chevrolet-silverado-1500Image via Flickr by .Great Grandma & Grandpa T.

If a truck good for transporting heavy items is more your speed, the 2007 Chevrolet Silverado 1500 is a great choice. You’ll get up to 21 mpg highway, which is pretty decent for a truck this size. With active fuel management features, the vehicle gets slightly more enhanced fuel economy than its counterparts. The great thing about the 2007 model is that it came with remodeled updates, so you’ll get a slightly better version than some of the older ones but at the same affordable price.

Whatever type of car you need, buying a used vehicle, whether from a dealer or a private seller, can cut your initial costs drastically. With one of the above mentioned vehicles, you can further save money via great gas mileage while ensuring that you’re getting a long-lasting vehicle. Which type of vehicle are you thinking about getting for your next used car purchase?


Toyota has announced it is planning to all but eliminate carbon emissions from its production processes by 2050.

The target is one of several set by Japanese automaker, which also pledged to sell 1.5 million hybrid cars a year by 2020.

Toyota said it will increase the use of renewable energy and hydrogen-based production methods at its factories.

Separately it said it plans to sell more than 30,000 hydrogen fuel-cell vehicles around or shortly after 2020.Toyota carbon emissions

Unveiling new environmental targets Toyota confirmed that its new Prius hybrid would be a fifth more fuel-efficient than its predecessor as the car manufacturer hopes to boost flagging sales of the environmentally friendly model amid a slump in global oil prices.

Toyota said it planned to reduce average emissions from its cars by 90% by 2050 compared with 2010 levels.

However, Toyota’s plans did not include any commitment to manufacturing electric cars.

The strategy outlined on October 14 came as Volkswagen said it would cut investment at its biggest division by €1 billion a year from 2019 and increase development of electric vehicles.

VW said on October 13 it would speed up cost cutting at its VW division and put only the latest and “best environmental technology” in diesel vehicles.

VW is facing the biggest crisis in its 78-year history after admitting last month it installed software in diesel vehicles that could deceive US environmental regulators about the true level of their toxic emissions.

The world’s first driverless cars will soon be a reality on the roads of Nevada after the state approved America’s first self-driven vehicle license.

The first to hit the highway will be a Toyota Prius modified by Google, which is leading the way in driverless car technology.

Its first drive included a spin down Las Vegas’s famous strip.

Other car companies are also seeking self-driven car licenses in Nevada.

The car uses video cameras mounted on the roof, radar sensors and a laser range finder to “see” other traffic.

The first self-driven car to hit the highway will be a Toyota Prius modified by Google, which is leading the way in driverless car technology

The first self-driven car to hit the highway will be a Toyota Prius modified by Google, which is leading the way in driverless car technology

Engineers at Google have previously tested the car on the streets of California, including crossing San Francisco’s Golden Gate bridge.

For those tests, the car remained manned at all times by a trained driver ready to take control if the software failed.

According to software engineer Sebastian Thrun, the car has covered 140,000 miles with no accidents, other than a bump at traffic lights from a car behind.

Bruce Breslow, director of Nevada’s Department of Motor Vehicles, says he believes driverless vehicles are the “cars of the future”.

Nevada changed its laws to allow self-driven cars in March. The long-term plan is to license members of the public to drive such cars.

Google’s car has been issued with a red license plate to make it recognizable. The plate features an infinity sign next to the number 001.

Other states, including California, are planning similar changes.

“The vast majority of vehicle accidents are due to human error,” said California State Senator Alex Padilla, when he introduced the legislation.

“Through the use of computers, sensors and other systems, an autonomous vehicle is capable of analyzing the driving environment more quickly and operating the vehicle more safely.”