In the dynamic landscape of the automotive market, 2024 marks a notable shift as carsales unveils its Best Used Cars awards. After years of being a seller’s market for used cars, prices are now on the decline, presenting lucrative opportunities for buyers. Explore below as we delve into the highlights of the awards, showcasing the best options available for savvy consumers in 2024.
Changing Market Dynamics
As the automotive industry evolves, so do consumer preferences and market conditions. Prices for used cars are beginning to fall, attributed to the post-COVID recovery in the new-car market. This shift signifies a significant opportunity for buyers entering the used-car market in 2024.
Appeal of Used Cars
Contrary to common misconceptions, used cars are not solely the domain of cash-strapped university students or retirees. Instead, they appeal to a broad spectrum of pragmatic buyers seeking affordability without compromising on quality. In 2024, buyers can still enjoy comfort, safety, performance, and fuel efficiency at a fraction of the cost of new vehicles.
Best used small SUV – Mazda CX-3
Environmental Consciousness Driving Choices
The automotive landscape is witnessing a notable trend towards environmental consciousness. This has prompted the introduction of a new category for electric vehicles in the 2024 Best Used Car awards. This independent article reflects both consumer demand for eco-friendly options and the industry’s response to changing preferences.
Overview of Awards Categories
The awards span across ten distinct categories, catering to various segments of the automotive market. From small passenger cars to off-road 4X4s, these categories accommodate a wide range of consumer preferences and needs. Notable changes include the introduction of the electric vehicle category and adjustments to accommodate shifts in the market.
Judging Process and Criteria
The evaluation process for the Best Used Cars awards combines quantitative data from RedBook with qualitative assessments from expert judges. This holistic approach ensures comprehensive evaluations, considering factors such as ownership costs, safety ratings, retained value, market appeal, and fuel efficiency.
Brand Performance and Recognition
Mazda emerges as a consistent top performer in the Best Used Cars awards, securing multiple wins across different categories in 2024. Hyundai and Toyota also make a strong showing, reflecting their continued relevance and popularity among used car buyers. This article highlights the performance of these brands as a testament to their quality and reliability in the used-car market.
This year’s Best Used Cars categories are:
Small passenger car
Winner: 2018 Hyundai i30 Premium turbo-diesel
Medium passenger car
Winner: 2018 Mazda6 Atenza
Electric vehicle
Winner: 2018 Hyundai IONIQ Electric Premium
Small SUV
Winner: 2018 Mazda CX-3 Akari turbo-diesel AWD
Medium SUV
Winner: 2018 Mazda CX-5 Akera turbo-diesel AWD
Large SUV
Winner: 2018 Skoda Kodiaq 140TDI Sportline
Luxury car
Winner: 2018 Porsche Panamera Turbo S E-Hybrid Sport Turismo
Sports car
Winner: 2018 Toyota 86 GTS
Dual-cab ute
Winner: 2018 Ford Ranger Raptor 4×4 Double Cab Utility
Off-road 4×4
Winner: 2018 Toyota LandCruiser Sahara
The 2024 carsales Best Used Cars awards offer valuable insights and recommendations for buyers navigating the used-car market. With prices becoming more affordable and a diverse range of options available, there has never been a better time to explore the world of used cars. Whether seeking eco-friendly alternatives or reliable everyday vehicles, buyers can find exceptional value and quality among the top picks of 2024.
For full story and review, visit https://www.carsales.com.au/editorial/details/carsales-announces-best-used-cars-for-2024-144685/
