Top 10 Worst and Best Cars to Buy Right Now in 2024
Choosing the right car can be a daunting task, especially with the plethora of options available in the market today. This article evaluates the top 10 worst and best cars to buy in 2024, based on market insights such as day supply, pricing incentives, and quality reports. The vehicles listed may surprise you, so let’s dive into the details.
Worst Cars to Buy Right Now
It’s essential to be informed about the cars that might not be worth your investment. Here’s a rundown of the worst cars to consider buying in 2024.
1. Chrysler 300
The Chrysler 300 takes the top spot on our list of worst cars to buy. For over $37,000, you are getting a sedan that hasn’t seen significant changes in a decade. A 2014 model looks almost identical to the 2024 version, which raises questions about its value.
2. Kia Carnival
Despite its popularity, the Kia Carnival has a mere 34 days supply available nationwide. This high demand limits negotiability and makes it one of the worst cars to get into right now. Its day supply has surprisingly been increasing, but it remains a tough vehicle to acquire.
3. Lincoln Aviator
Ranking third is the Lincoln Aviator, which has a high day supply of 186 days. However, Consumer Reports ranks it as one of the least reliable cars for 2024. With financing offers at a high 6.9%, this vehicle is not the best choice for buyers seeking reliability.
4. Cadillac Escalade ESV
The Cadillac Escalade ESV is another vehicle on our list of worst cars to buy. With only a 41 days supply, there are minimal incentives available, leading to poor negotiability. It’s a limited production vehicle that doesn’t provide good financing options, making it a less desirable choice.
5. Chevrolet Colorado
For those looking at the Chevrolet Colorado, be prepared for a challenge. With an 18 days supply and no incentives from the automaker, acquiring one of these affordable pickup trucks is not feasible for most buyers.
6. Chevy Blazer EV
The Chevy Blazer EV is priced at $60,000, which is steep for an electric vehicle that has just hit the market. Its recent stop-sale in December raised red flags, making it a risky investment compared to more established options like Tesla.
7. Kero EV
The Kero EV boasts a 139 days supply but is priced at $41,000 with no real incentives. The lack of charging infrastructure and value makes this EV less appealing for potential buyers.
8. Jeep Grand Cherokee 4xe
The Grand Cherokee 4xe is known for its high price and reliability concerns. With a $25,000 increase over its gas-powered counterparts, it raises questions about its value proposition.
9. VinFast VF8
Buyer beware of the VinFast VF8. With very few models on the road in the United States, this vehicle is an uncertain investment. It’s advisable to approach this brand with caution.
10. Nissan Pathfinder
The Nissan Pathfinder rounds out our list of worst cars to buy. It is facing significant depreciation issues, and purchasing their most expensive SUV is not a wise decision given the current market conditions.
Best Cars to Buy Right Now
In contrast, several vehicles currently stand out as excellent choices for buyers in 2024. Here’s a look at the top picks that offer great value and reliability.
1. Mazda CX-50
The 2024 Mazda CX-50 is a fantastic option, with a decent day supply and high reliability ratings. With financing offers as low as 0.9%, it’s an attractive choice for many buyers.
2. Chevrolet Tracks
If you are looking for an affordable vehicle under $25,000, the Chevrolet Tracks is an excellent option. With an 82 days supply, it provides a good balance of quality and price.
3. Ford Mustang Mach-E
The Ford Mustang Mach-E is another standout, boasting over 500 days supply and strong financing incentives. With rates as low as 1.9% for 60 months, this EV is worth considering.
4. Ford F-150
Similar to the Mustang Mach-E, the Ford F-150 offers financing at 1.9% up to 72 months. With over 100 days supply, it’s a solid choice for those looking for a full-size pickup truck.
5. Chevrolet Silverado 1500
The Silverado 1500 also provides great financing options at 2.9% for 72 months. With 138 days supply, it remains a competitive choice in the market.
6. Mazda CX-5
Another Mazda on the list, the CX-5, offers financing at 0.9% APR for 36 months. Its strong consumer ratings make it a reliable option for buyers.
7. BMW X2
The BMW X2 has an impressive 800 days supply, making it highly negotiable. Leases for these vehicles are available as low as $600 a month, providing an opportunity for great deals.
8. Dodge Hornet
The Dodge Hornet is another vehicle to consider, with a significant number still on the market. With increasing deals available, this SUV presents a great opportunity for buyers.
9. Mazda CX-90
The Mazda CX-90 offers financing options at 9% and up to $1,000 in cash incentives. As their newest model, it is highly negotiable and presents good value.
10. Chrysler Pacifica Hybrid
Finally, the Chrysler Pacifica Hybrid is a strong contender in the minivan segment. With a low 28 days supply and 0% financing for 60 months, it is an attractive choice for families looking for value.
Conclusion
In summary, understanding the market dynamics of vehicle supply, pricing, and reliability can significantly impact your purchasing decision. The cars listed above represent the best and worst options available in 2024. Whether you are looking for affordability, reliability, or innovative features, this guide can help you navigate your choices effectively.
Make sure to consider your personal needs and conduct thorough research before finalizing your purchase. Happy car shopping!