7 most popular used cars amongst Gen Z buyers

Today’s 18-34 year olds are called Generation Z.  Gen Z is a group of people who prefer to spend their money on clothes and going out to eat, then spending it on a car. Sometimes it even seems they prefer to drive an old jalopy. In the first four months of 2016, Gen Z purchased 182,000 used cars compared to only 28,000 new cars.

The trend from last year continues into this year, where Gen Z typically are only willing to pay a maximum down payment of $2,999 on their purchase. And they are going for older cars. Not just 2 or 3 year old models, but many on the vehicles are 10 plus year old. Some of them are cool, older sports cars, but these are cars where you can get a good deal.

Here are the 7 most popular used cars amongst Gen Z buyers.

      

•  Daewoo Lanos- Daewoo was acquired by GM. Many Daewoo models were repurposed as GM models. The Lanos experienced a second wind after 2008’s movie “Pineapple Express”. KBB price $2,400.
• Eagle Talon- Eagle was a brand under Chrysler, until 1998 when Chrysler discontinued the brand.  KBB price $2,700.
• Nissan 240SX- This sports car ran from 1989-1999 as one of Nissan’s performance vehicles. The 240SX lost its sales luster as consumers turned toward practical sedans and SUVs. KBB price $4,050.
•  Acura Integra- The model that helped launched the Honda owned luxury brand Acura in 1986. KBB price $4,300.
•  Honda Prelude- the Prelude had one of the longest production runs the cars on this list, 1978-2001. The 2-door sports car is still strongly in circulation today. KBB price $4,300.
• Mitsubishi Lancer- The only car on this list still in production. The Lancer has gained popularity as a racing car at an affordable price. New 2016 Lancer starts below $18,000.
• Acura RSX- The RSX was the Integra’s successor. One of the more popular cars on this list. KBB price $8,200. 
• Honorable Mention: Pontiac Aztek- Oh, the Pontiac Aztek, a vehicle that was ridiculed from the time it was released, saw resurgence in the last few years due to the very popular AMC show “Breaking Bad”. KBB price$3,900.

Check out our fine Pre-owned vehicles here at Driver’s Choice or contact us to set up an appointment today!