The Tesla Model X will likely remain one of the best electric SUVs on the market regardless of what the company decides to do with it. With a combined 532 horsepower and 713 lb-ft of torque, it’ll also remain one of the most powerful offerings in the SUV segment as a whole as well. Especially in short bursts where it needs only 3.3 seconds in order to get 60 mph from a standstill.
Also on our list of cars under $5000 is the Chevrolet Equinox. Sold side-by-side with the TrailBlazer, the Equinox is powered by a smaller, more fuel-efficient engine and offers more standard amenities. Because of its tech and interior upgrades, you have to look for an Equinox that is older than a similarly priced TrailBlazer.
By winning the 2018 North American Utility Vehicle of the Year award, the Volvo XC60 has positioned itself among the best crossovers currently available in the U.S. The compact luxury crossover has only recently received the new Volvo design that’s been successfully promoted in its larger XC90 sibling. Needless to say, the second generation XC60 is a much better-looking vehicle because of it. Whether it’s also a better performer, is a dilemma that will be settled in the near future.
The Chevrolet Cobalt is a compact car that was discontinued after the 2010 model year. The combination of being a compact car and having been discontinued makes it a good addition to our list of cars under $5000. In fact, you will find that a well-appointed 2010 Chevy Cobalt LT frequently retails for less than 5K. That is a great price for a car that can achieve 37 mpg on the highway.