Cheap Cars For Sale in Dallas, TX (2024)

FAQs

Where in Texas are cars cheapest? ›

The Dallas area is the most affordable place to buy a used vehicle in Texas, according to a recent study, and the most affordable car -- appropriately - was the Jaguar XF.

Dallasites need to make a $44.12 hourly wage to lead a comfortable lifestyle and avoid living paycheck to paycheck, says the report, which analyzed 99 major U.S. cities. The 2024 report also found that for a Dallas-based family of four, the total combined income needed to live a secure lifestyle is currently $208,000.

Best State for Initial Cost

If you're looking for the lowest initial cost, no state can beat Florida. When it comes to used car sales, Florida tends to has the cheapest prices. Florida's low initial vehicle costs are due to a variety of factors. First, Florida has one of the largest populations of older people.

What is considered high mileage on a car? Often, 100,000 miles is considered a cut-off point for used cars because older vehicles often start requiring more expensive and frequent maintenance when mileage exceeds 100,000.

Plan to spend less than 15% of your monthly post-tax income on a car loan payment and less than 20% on your total vehicle expenses. You'll need your post-tax income, credit score, monthly payment potential and other critical information to calculate your car buying power.

How to afford a car if you are broke? ›

Start saving ASAP and consider using cash for the purchase

That's because the more you can pay up front in cash for that first car, the smaller your monthly payments will be. Don't use all your savings, though — remember you need a cushion for some emergencies or unexpected expenses that may come up!

The median salary in Dallas, TX is $60,900, with 80% of salaries falling between $26,100 and $139,200. Salaries in Dallas, TX are generally close to the national average.

As of 2024, a single adult living in Dallas County will need to earn $22.06 per hour to support their basic needs. A single adult with one child will need to earn $36.79 per hour to support the basic needs of their family.

You'll need an income on the higher end of that range if you're living in Austin, with its high cost of living. In Harlingen, on the other hand, where the cost of living is 20.4% lower than the national average, you can get by on much less. With that in mind, a good salary in Texas is between $55K and $73K.

1. Cleveland-Akron (Canton), OH. Ohio is the place to be for inexpensive used cars. The Cleveland-Akron area has the lowest average used car price in the U.S. Three Ohio metro areas make the top 10 list, but this metro takes top spot by $164.

Reports say the average new vehicle costs $45,717. The average used vehicle costs almost $30,000 ($29,969 ).

No state income tax in Texas. Sales taxes are a little lower in TX (8.25% vs. 8.65%+) Vehicle registration costs in TX are much lower than AZ (TX about $85 vs.

Texas drivers already overpay for car insurance when compared to national averages, but it's even worse for Houston area vehicle owners. Harris County drivers have the highest average insurance rates in the state*.