Used Cars Under $20,000

Used Cars for sale Under $20,000 near Greenville

Opting for a used vehicle under $20,000 can offer a range of benefits for budget-conscious car shoppers. First and foremost, affordability is a key advantage, allowing buyers to acquire a reliable and well-maintained car without the significant depreciation that occurs during the first few years of a new car's life. If you're in the market for an affordable used car, shop our selection at Benson Nissan today!

Cars, Trucks and SUVs Under $20K

Buying a used vehicle under $20,000 is a great choice for drivers around Spartanburg looking to save money. Our inventory of used vehicles under $20,000 includes a selection of used cars, trucks and SUVs from the Nissan brand and other popular brands like Toyota, Honda, Kia and Chevrolet. Advantages of buying a used car from a dealership include:

• A track record of service and ownership history
• Salespeople who understand car functionality and can walk you through the pros and cons of each vehicle
• Lower registration and (oftentimes) lower insurance costs
• A selection of Certified Pre Owned inventory under $20k
• …and much more!

Buying a used car under $20k is great for high school or college-aged students looking for their first vehicle, or any adult looking to save money on the rising used-car interest rates. Luckily, our team of finance professionals can help you find a used car $20k that will fit into your preferred monthly financing budget and will still allow you extra wiggle room to add extra warranties or coverages to protect your purchase.

Buying a used car priced under $20,000 can be a smart way to keep your monthly payments manageable, especially if you're on a budget. With the right financing terms, many buyers can find monthly payments well under $300, particularly when they put money down or use a trade-in to reduce the total loan amount. For example, if you finance $17,000 over 72 months at a competitive interest rate, your payment could fall close to or below the $300 mark. The final payment depends heavily on your credit profile and interest rate, but starting with a car under $20k gives you a solid foundation for affordability.

Your finance rate (APR) plays a significant role in your monthly cost; lower rates mean lower payments. If you qualify for a good rate through your lender or dealership financing, even a slightly more expensive vehicle can still keep your payment in check. And yes, trading in your current vehicle can help lower your purchase price and, in turn, reduce the loan amount you need to finance. For example, if you have a $3,000 trade-in and apply that toward a $19,000 used car, you're only financing $16,000, making sub-$300 payments even more realistic. In short, buying used under $20k gives you more flexibility with financing and increases the likelihood of finding a monthly payment that works for your budget.

Buy from Benson Nissan in Spartanburg

If you've found the perfect used car, truck or SUV under $20,000 on our lot, get in touch with us quickly! These vehicles do not last long! Our team can help you find, test drive, and finance your next used car today. See you soon.