With new cars in short supply, many are turning to the used car market for sports cars. There are also many options including several used sports cars under $30,000. But if you’re looking for the best used sports cars out there, iSeeCars has picked four in particular that stand out.
iSeeCars chooses the Ford Mustang Coupé as the best used sports car
- iSeeCars Quality Score: 8.4
- Reliability rating: 8.5
- Retention Value Score: 8.2
- Average price of a 3 year old used car: $44,636
The Ford Mustang coupe landed at the top of iSeeCars list of best used sports cars. Overall, the Mustang received an 8.4 out of 10 rating. The used Ford Mustang Coupé also received 8.5 out of 10 points for reliability.
Data from Repair Pal shows that this is justified: Mustang owners report an average of 0.2 visits to the workshop per year. Annual repair and maintenance costs are slightly higher than average at $789 compared to the $652 average for all vehicles. But most problems are not serious. In fact, Repair Pal states that there is a 14% chance that a serious or major problem will require repair, close to the 12% average for all vehicles.
An average Ford Mustang gets 200,000 miles. With proper maintenance, it can likely last even longer. CarComplaints shows that the most commonly reported problems are paintwork or bodywork. Corrosion on the hood is most common, as are paint blisters. The model years with the most reported problems according to CarComplaints data are 2015, 2012 and 2007.
iSeeCars also gave the Mustang an 8.2 out of 10 for value retention, holding its value five years longer than other sports cars. The average used price for a three year old model is $44,636. Additionally, iSeeCars placed the Mustang at the top of its Best Sports Cars of 2022, ranking for both new and used cars. US News also named the Mustang the best sports car of 2022.
What’s the next best option if you don’t want a used Ford Mustang?
- iSeeCars Quality Score: 7.5
- Reliability rating: 8.0
- Retention Value Score: 7.0
- Average price of a 3 year old used car: $40,151
When the Mustang doesn’t fit your budget or is not your preferred option, there are other options. iSeeCars listed a used Camaro as the runner-up, even giving it a 7.5 out of 10.
The Chevrolet Camaro scores a slightly lower reliability rating of 8.0 out of 10 than the Mustang. Figures from Repair Pal show that the average annual repair and maintenance cost is lower than the Mustang, averaging $585, at a similar rate of 0.2 workshop visits per year. But the repairs required tend to be more serious, with a 17% chance of serious or major problems.
If you’re looking for a used Camaro, data from CarComplaints shows that the 2010 Chevrolet Camaro has the most commonly reported problems, followed by 2013 and 2014. Engine problems are the most common, particularly premature timing chain wear.
The Camaro gets a much lower value rating of 7.0 out of 10 than the Mustang. The average price of a three-year-old used car is $40,151, 10% less than the Mustang. It’s cheaper to buy but less valuable than the Mustang in the resale market. The 2018 Camaro is a good option if you’re looking for more modern technology with performance at an affordable price.
The best used luxury sports car is the Porsche 911
- iSeeCars Quality Score: 8.5
- Reliability rating: 8.5
- Retention Value Score: 8.5
- Average price of a 3 year old used car: $157,510
iSeeCars voted the Porsche 911 the best used luxury sports car on the market. It is predictable to be more expensive than the other sports cars with an average price of $157,510.
iSeeCars points to the variety of engine and trim options as one of the 911’s main draws. With more than a dozen in total, there is something for every type of luxury sports car driver.
The used Porsche 911 gets 8.5 out of 10 points for reliability. Data from CarComplaints backs this up with just 10 total complaints reported since 2008. But Repair Pal’s data tells a slightly different story.
Overall, the Porsche 911 received two out of five stars, well below the 3.5-star average. The average annual repair cost is $1,072, more than $300 more than the average for luxury midsize cars and $400 more than the average for all vehicles.
The data shows that Porsche 911 owners visit the workshop nearly 0.5 times a year, more than the all-vehicle average of 0.4 but less than the 0.6 luxury midsize car average. But those visits can be costly: Repair Pal’s data shows that 22% of repair visits are due to major or major issues.
iSeeCars also gives the 911 8.5 out of 10 points for value retention. The 911 has one of the lowest depreciation rates on the market. A used 911 is a great budget sports car but may come with a few notes before you buy it. But if you buy a relatively new model, you can expect it to remain worth more than $100,000 for a while.
What is the second best used luxury sports car after the Porsche 911?
- iSeeCars Quality Score: 8.5
- Reliability rating: 8.6
- Retention Value Score: 8.5
- Average price of a 3 year old used car: $112,208
If a used Porsche 911 is not your first choice, but you still want luxury and performance, iSeeCars recommends the Chevrolet Corvette. It’s close, both cars get a total of 8.5 out of 10 points.
The Corvette gets a slightly higher reliability score than the 911, at 8.6. More issues have been reported on CarComplaints, with more than 92 in the past decade. At more than $45,000 less than the 911 for the three-year used car price average, iSeeCars is touting the Corvette’s value in the luxury sports car segment. It offers great acceleration, performance and a “sleek and upscale interior”.
When it comes to repairs, a used Corvette is a better choice than the 911. Repair Pal gives the Corvette a three out of five for overall reliability. The data shows that the average annual repair cost is $737 – higher than the average but lower than the 911. The repair frequency is lower at 0.27 per year, but heavy repairs are also high at 22%.
In terms of value retention, the Corvette received 8.6 out of 10 points. iSeeCars data from a used car price study shows that from April 2020 to April 2021, the Corvette had the largest price increase at 33.9%. If you can get a used Corvette, it’s likely to remain valuable at a price not too far from the 911.
TIED TOGETHER: 8 reliable and affordable used sports cars for every enthusiast’s bucket list
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