Top 10 Best and Worst Cars to Buy Right Now

Key Takeaways

  • Know Where to Look: Mazda, Chevrolet, Ford, and Jeep have the best offers this month.
  • Informed Decisions Matter: It can be tough to discern the best from the rest. Consider total cost of ownership, reliability, and depreciation before you buy.
  • Beware of Shortfalls: Not all vehicles meet the mark in terms of performance, reliability, or value. Shop around until you find the perfect fit for your needs.

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Last updated Feb 22, 2024

Finding the perfect vehicle can be a daunting task, especially with the multitude of options available. We’re here to simplify this process for you with a deep dive into the latest market offerings, from traditional trucks and SUVs to the latest EVs and plug-in hybrids. Here’s our curated list of the top 10 best vehicles to consider in 2024, alongside a cautionary guide on the 10 models you might want to steer clear of.

10 Best Cars and Trucks to Buy Today

2024 Mazda CX-50

Mazda CX-50 deals

Market Supply: 138 days (98,778 for sale)

The Best Deals: 0.9% APR for 36 months, with additional offers for longer terms. Lease the new CX-50 from just $278/month. Learn more about CarEdge exclusive deals.

Highlights: Known for affordable practicality paired with all-wheel drive, the CX-50 offers plenty to love. The CX-50 excels in fuel efficiency and driving experience. With high ground clearance, this crossover is ready for snow or light off-roading. The 2024 CX-50 also has above average reliability ratings, scoring 68 out of 100 in Consumer Reports testing. 

See Mazda CX-50 listings near you with local market data.

2024 Chevrolet Trax

Chevy Trax deals 2024

Market Supply: 82 days of supply (13,904 for sale)

The Best Deals: $359/month, buy OR lease. Learn more here.

Highlights: The Trax is an amazing value, especially with the new and improved looks that were introduced in 2023. In 2024, the Trax offers enhanced legroom, a turbo engine for improved performance, and a quieter cabin, making it an exceptional value at a bargain of a price.

See Chevrolet Trax listings near you with local market data.

Ford Mustang Mach-E

Best EV deals this month: Ford Mustang Mach-E

Market Supply: 525 days of supply (24,166 for sale)

The Best Deals: Lease from $423/month, or finance from 1.9% APR for 60 months. There’s also a $3,000 cash offer, and MSRPs dropped in February. With 525 days of supply, clearly Ford needs to sell these EVs ASAP, as many 2023s remain in stock as we approach spring. Learn more about CarEdge exclusive deals.

Highlights: The electric Mustang Mach-E stands out with a range of 310 miles (RWD) or 290 miles (AWD), offering various trims tailored to different needs. There’s also a lightning-fast GT option. The Mach-E impresses with its quick performance and advanced features, despite stiff competition. It’s a sporty EV built for families and the track alike.

See Ford Mustang Mach-E listings near you with local market data.

Ford F-150 

2024 F-150 deals

Market Supply: 107 days of supply (90,573 for sale)

The Best Deals: 1.9% APR for up to 72 months. Learn more about this deal.

Highlights: America’s best-selling truck, the F-150 is known for its perfect blend of functionality and comfort. The F-150 Hybrid impresses with 24 MPG combined, while the F-150 Lightning leads as the top electric truck with up to 320 miles per charge. There’s an F-150 for every buyer.

See Ford F-150 listings near you with local market data.

Chevrolet Silverado 1500

best truck deals this month

Market Supply: 138 days of supply (98,778 for sale)

The Best Deals: 2.9% APR for 72 months. Learn more about this deal.

Highlights: The 2024 Silverado features cutting-edge technology and a variety of powerful engines for enhanced towing and hauling. It stands out for its safety features and combines durability with versatility, appealing to truck enthusiasts. Today’s 72 month financing offer is too good to pass up if you’re thinking about buying a Silverado in 2024.

See Chevrolet Silverado listings near you with local market data.

Mazda CX-5

Mazda CX-5 deals

Market Supply: 56 days of supply (35,950 for sale)

The Best Deals: 0.9% APR for 36 months, or lease from $361/month. Learn more about this deal.

Highlights: The CX-5 shares many features with the CX-50 but offers a more premium design. Both models feature a standard 2.5-liter SkyActiv-G engine and boast a 5-star NHTSA safety rating. Consumer Reports also gives it above-average reliability ratings.

See Mazda CX-5 listings near you with local market data.

BMW X2

2024 BMW X2 deals

Market Supply: 801 days of supply (748 for sale)

The Best Deals: Lease from $599/month

Highlights: The word “bargain” doesn’t typically go hand-in-hand with the BMW brand. However, for those BMW fans looking for a budget-conscious entry into the brand, the X2 presents a great value in the luxury crossover segment.

See BMW X2 listings near you with local market data.

Dodge Hornet

best and worst cars - Dodge Hornet

Market Supply: 502 days of supply (13,170 for sale)

The Best Deals: Buy OR lease from $499/month. Learn more about this deal.

Highlights: The Dodge Hornet, Dodge’s first all-new model in nearly a decade, borrows heavily from the Alfa Romeo Tonale, offering a fresh entry in the compact SUV segment with a 268-hp turbocharged engine and all-wheel drive.

See Dodge Hornet listings near you with local market data.

Mazda CX-90

Mazda CX-90 deals

Market Supply: 81 days of supply (13,891 for sale)

The Best Deals: 0.9% APR for up to 36 months and $1,000 cash offer, + $1,500 bonus for new Mazda customers

Highlights: The all-new CX-90 elevates Mazda into the luxury 3-row segment. Showcasing Mazda’s premium ambitions, the CX-90 offers enhanced luxury features in its top trims, borrowing aesthetic cues from the CX-50 and MX-30 for its handsome styling and refined cabin design.

See Mazda CX-90 listings near you with local market data.

Chrysler Pacifica PHEV

2024 Chrysler Pacifica PHEV deals

Market Supply: 208 days of supply (1,005 for sale)

The Best Deals: Finance at 0% APR for 60 months, or lease the Pacifica plug-in hybrid for $429/month

Highlights: Revolutionized van design with Stow ‘n Go seating offers versatility with a standard V-6 engine. This is no slowpoke. A plug-in hybrid variant boasts 540 miles of range. With high inventory, the Pacifica PHEV is a highly negotiable fuel sipper that can save you a lot on gas over the long haul.

See Chrysler Pacifica listings near you with local market data.

10 Worst Cars to Buy Right Now

Chrysler 300

worst cars to buy: Chrysler 300

Market Supply: 325 days of supply (5,006 for sale)

Why: It’s not smart to spend $37,000+ on a sedan that has hardly changed in a decade. The Chrysler 300 has officially ended production, having been discontinued last year. Now, Chrysler parent company Stellantis is left wondering what to do with thousands of unsold 300s on dealer lots nationwide. 

Typically, high lot inventory means high negotiability. That may be the case with these last Chrysler 300s. But are you sure you want to get stuck with an overpriced sedan filled with aging technology in the era of crossovers? Not to mention a discontinued sedan? Expect resale values to fall like a rock the minute you drive off the lot. 

Alternative: Genesis G70 (see local listings with market data)

Kia Carnival

Kia Carnival deals 2024

Market Supply: 34 days of supply (2,903 for sale)

Why: The Carnival is a great van, but it’s a sellers market for this popular Kia. There’s a tight supply of new Kia Carnivals in America. If you’re hoping to negotiate a sweet deal, you’re better off looking elsewhere. The Carnival is uniquely stylish and superbly built for function, but that’s precisely why it’s so in demand right now. 

Plus, Kia isn’t offering any attractive incentives for the Carnival as of this month. If you’re in search of a deal on a new van, we recommend test driving the much more negotiable Honda Odyssey. 

Alternative: Honda Odyssey (see local listings with market data)

Lincoln Aviator

2024 Lincoln Aviator deals

Market Supply: 186 days of supply (9,226 for sale)

Why: Consumer Reports ranks the 2024 Lincoln Aviator as one of the least reliable cars you can buy. For 2024, CR rated the Aviator 35 out of 100 for reliability. When you’re paying a premium price, you should expect average reliability at the very least.

And then there are the deals, or lack thereof. This month, Lincoln’s best offer is 6.9% APR. That’s far from a good deal, even in today’s high rate environment. Considering that you’d be spending well north of $55,000 for a new one, this is a poor choice for most money-conscious buyers. 

Alternative: Lexus GX (see local listings with market data)

Cadillac Escalade ESV

Cadillac Escalade: worst cars to buy right now

Market Supply: 41 days of supply (1,112 for sale)

Why: Everything seems to be working against you if you’re in the market for a new Escalade, especially the larger Escalade ESV. First of all, Cadillac does not offer any advertised incentives for either Escalade variant. Supply is slim at just 41 days, with some regions having even lower supply. The result: low negotiability and poor financing offers on a $82,000+ luxury SUV.

Alternative: Infiniti QX80 (see local listings with market data)

Chevrolet Colorado

2024 Chevrolet Colorado deals

Market Supply: 18 days of supply (1,665 for sale)

Why: Something is holding back production of the Chevrolet Colorado. After selling 71,000 copies in 2023, there are only 1,665 new Colorado’s for sale in America today. This extremely slim supply means that dealers have the upper hand in negotiations. Fortunately, there are other options in the small truck segment today. 

Alternative:  Ford Maverick (see local listings with market data)

Chevrolet Blazer EV

2024 Chevrolet Blazer EV deals

Market Supply: N/A

Why: It’s a shame, because the Blazer EV is the best-looking Chevrolet to arrive in years. In December, GM issued a stop-sale on the new Chevy Blazer EV, just four months after orders were opened, due to a software issue. Nearly two months after the initial suspension, sales of the Chevy Blazer EV remain halted, with GM’s CEO Mary Barra emphasizing that 2024 is the “year of execution” for the automaker to recover.

Reviewers generally like the Blazer EV, but at $60,000 before incentives, smart EV buyers will want to wait as GM gets its act together.

Alternative: Ford Mustang Mach-E (featuring great deals this month)

Kia Niro EV

2024 Kia Niro EV

Market Supply: 139 (2,565 for sale)

Why: The Kia Niro EV is the most overpriced electric car on the market in 2024. Pricing starts at $41,000, but has more in common with sub-$30,000 electric cars.

The Niro EV doesn’t look bad, but it fails where it counts in an EV: charging and performance. For almost the same price as the tremendously better Kia EV6, you get double the charge times, less interior space for passengers and cargo, and zero performance-oriented qualities that make most EVs fun to drive.

Alternative: Ford Mustang Mach-E (featuring great deals this month)

Jeep Grand Cherokee 4xe PHEV

Grand Cherokee PHEV deals

Market Supply: 222 days of supply (19,694 for sale)

Why: We can’t recommend this plug-in hybrid for two reasons: price and reliability. Even without the added complication of a plug-in hybrid powertrain, the Grand Cherokee already scores poorly on Consumer Reports reliability ratings, earning just 26 points out of 100. When you consider that the Grand Cherokee 4xe starts at $25,000 more than the all-gas Grand Cherokee, upgrading to the 4xe starts to sound absurd.

If you’re looking for fuel savings, consider going fully electric for about the same price with the all-new Kia EV9 three-row electric SUV. 

Alternative: Kia EV9 (see local listings with market data)

VinFast VF-8

VinFast reviews 2024

Market Supply: N/A

Why: About 1,000 VinFast electric SUVs have been delivered in the United States so far. Early reviews sound the alarm about faulty driver assistance and infotainment, along with inconsistent charging speeds and a noisy cabin at highway speeds. The electric SUV segment has doubled in size over the past three years. We wish VinFast the best of luck with getting back on track, but for now, EV shoppers should look elsewhere.

Alternative: Ford Mustang Mach-E (featuring great deals this month)

Nissan Pathfinder

Nissan Pathfinder comparison

Market Supply: 133 days of supply (16,990 for sale)

Why: The Nissan Pathfinder struggles with significant depreciation and reliability issues, facing tough competition from the Hyundai Palisade and Kia Telluride, which both outperform it in terms of reliability and value retention over time.

Alternative: Hyundai Palisade (see local listings with market data)

Smart Car Buying Starts Here

Armed with these insights, you’re well-equipped to make an informed decision. Whether you’re drawn to the latest EVs, full-size trucks, or the best family-haulers, it’s important to remember that the best choice is one that aligns with your unique needs, preferences, and lifestyle.

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1 Comment

  1. Daniel

    I’m looking for a 2021-2023 BMW X5 M Sport with less than 35,000 miles, not an BMW X5 M. I’ve run across salespeople that think they are the same.
    I live in Fort Worth, TX 76028 with a search radius of about 150 miles. Is it reasonable to think that I can negotiate an OTD price of $45-47k?

    Reply

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