5 Fun, Reliable and Affordable Cars To Buy in 2026
According to Ray Shefska, co-founder of CarEdge, you need to consider the total cost of ownership when thinking about how much to spend on a vehicle. In addition to the price, look at things like maintenance costs and the wear-and-tear you’ll encounter in a potential car. You want to make sure you’re budgeting in a smart way to avoid future financial strains.
“I often tell people to try to keep total car payments somewhere under 10% of take-home pay, though that can shift depending on debt load and where they live,” said Taylor Kovar, certified financial planner (CFP) and co-founder of UseKlear.com.
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You may also want to think about the fun aspect of a vehicle you’re considering. Read on for a list of some reliable cars that James Humphrey, co-founder of Speeed suggested in a YouTube video. According to Humphrey, these reliable cars also offer fun driving experiences, all for affordable prices.
1. Mercedes-Benz ML (1998 to 2005)
Humphrey said luxury SUVS from the late 1990s into the early 2000s are the best “bang for your buck value in the entire automotive world.” He added that these SUVs offer superior capabilities across most categories drivers want in vehicles including comfort and drivability.
While you may have some trouble finding a Mercedes-Benz ML near you, it’s likely to be a good value if you search around. Many of them go for under $10,000.
The Mercedes ML was one of Humphrey’s top picks for unique and budget-friendly vehicles that are also potential future classics.
2. Toyota Matrix XRS (2003 to 2008)
Humphrey said this is another vehicle you may not have heard of and may have trouble finding, but it can be well worth the hassle. He specifically recommended you look for the first generation because it has the components necessary to give you a fun ride.
You may try looking on social media marketplaces to find the Matrix XRS. If you do, plan to likely spend under $5,000.
3. Mitsubishi Lancer Ralliart (2009 to 2015)
Specifically, look for the final generation Lancer Ralliart. In basic terms, this vehicle is kind of the budget-friendly option between regular Lancers and full rally cars.
According to Humphrey, this one is “practical and cheap because it’s wildly underrated.” Again, you should be able to find one of these vehicles for under $10,000.
4. Acura TL Type-S (2002 to 2008)
Let’s start with one of the big reasons this vehicle made the list. Humphrey likes the way these luxury sports sedans look.
On CarGurus, you can find them selling for under $12,000. That’s a good deal considering reviewers have praised the Acura TL Type-S for its power and durability.
5. Nissan Altima SE-R VQ (2005 to 2006)
Per Humphrey, the Altima is the fastest street legal car you can find. That’s why he likes the Altima SE-R VQ, which he said is the fastest version of the already fast car.
As with other vehicles on this list, it has good power and a nice driving experience. If you shop around, you may be able to score one of these fun and reliable cars for $7,000 or under.
This article was provided by MoneyLion.com for informational purposes only and should not be construed as financial, legal or tax advice.
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