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6 best cars for $5,000

Looking for a great used car but only have a few thousand bucks to spend? Check out our 6 favorite used vehicles that you can get for around $5,000 or less. 1. 2004-2006 Subaru WRX The Subaru Impreza WRX offers a lot of what you might want in a vehicle. A 2L turbocharged engine gives 227 horsepower and it gets 27 mpg on the highway. 2. 2006-2015 Mazda5 The Mazda5 never got the sales it deserved. It was affordable and more maneuverable than most vehicles, but it never took off. It was based on the Mazda3, and felt like it as well... just a bigger version. If you're lucky, you'll be able to locate one with a manual transmission. 3. 1990-1997 Mazda MX-5 Miata A car that's praised for rewarding the driver. The shifter is sublime, and the controls are light and accurate. The 1.6-liter engine that makes 115 horsepower or a 1.8-liter that makes 128 horsepower are our preferred versions. 4. 2009-2013 Honda Fit Beside being cute, it's supremely practical and great in the city. It manages to be pretty entertaining to drive, and let's not forget it's a hatchback. 5. 1987-2006 Jeep Wrangler Yes, it's possible to get a well-loved Jeep Wrangler with about 100,000 miles on the odometer. In many ways, a Wrangler is perfect for the snowy winters with its unrivaled 4x4 capability. An SUV, convertible and icon, all in one? What more could you ask for? 6. 2002 Chevy Silverado Truck lovers, we have you covered. We love the Chevy Silverado with a 5.3-liter V8 engine and a 4-speed automatic transmission. It makes a great second car, especially if you already have a fuel efficient vehicle around the house. What would you buy for $5,000? Honda Jeep Mazda Subaru Autoblog Minute Videos Original Video wrangler mazda5

This three-cylinder Honda is faster than a Bugatti Veyron

Honda's S660 roadster, a tiny Japanese sports car that makes a Mazda MX-5 Miata look large, is powered by a three-cylinder engine that puts out 63 horsepower. As you might imagine, it's not very fast. Stick that engine into a vehicle that closely resembles the HondaJet, though, and it sets a new FIA class record of 261.875 miles per hour at the Bonneville Salt Flats. While the S-Dream Streamliner's three-cylinder, 600-cc engine is similar to the one found in the S660, it has been heavily modified to produce what Honda claims is three times the original amount of power. A Veyron-beating top speed from roughly 190 hp is still plenty impressive. The record car topped out at 266 mph at one point, but it didn't match that speed on the return run. The team of 16 Japanese Honda engineers, who were chosen from a pool of 100 volunteers, set a new FIA World Record for a vehicle in the class – Category-A Group-1 Class-4 – and even bested Honda's previous land speed record at Bonneville, set by the Honda Racing F1 team in 2006. The V10-powered F1 car averaged 248.548 mph. The aerodynamic vehicle was piloted by Japanese motorcycle rider Hikaru Miyagi, who can now claim having driven the fastest Honda car ever. The company still has some way to go, though, before one of its land vehicles surpasses the HondaJet, which can travel at approximately 485 mph. Related Video: Featured Gallery Honda S-Dream Streamliner News Source: HondaImage Credit: Honda Honda Lightweight Vehicles Racing Vehicles Special and Limited Editions fia world record bonneville salt flats honda s660

Honda profit targets tumble in wake of Takata scandal

Takata's massive airbag inflator recall will likely do some damage to Honda's bottom line this year, according to the Japanese automaker's latest forecasts. The company will allocate 50 billion yen ($425 million) to fulfill costs related to the safety campaigns, Reuters indicates. The decision will reduce estimated operating profit by about 6.5 percent to 720 billion yen ($6.1 billion US) for the fiscal year ending March 31. In addition to lower profits, Honda also cut back its sales estimate for the year to 4.45 million vehicles from the previous 4.62 million, according to Reuters. This was largely due to lower-than-expected demand in Japan. "We are not seeing a big impact on sales in North America from the airbag issue," company vice president Tetsuo Iwamura (pictured above) told Reuters. The decreased forecasts come at the same time as the possibility of another death in a Honda vehicle from the Takata parts. According to Automotive News, a man in Florida died in a crash in his 2002 Accord, but investigators have not yet determined whether the inflator was the cause. However, the vehicle was included in a 2011 recall for the part and was not repaired. The family intends to file a lawsuit alleging the inflator ruptured, spraying metal shrapnel into the driver's neck. Reportedly, the owner was never notified of the recall. While the Takata inflator recall is affecting many companies with alleged links to at least five deaths and 139 injuries worldwide, Honda has it among the worst. Including vehicles covered under the previous regional repair campaign for the issue, the automaker needs to repair roughly 5.4 million vehicles just in the US. Honda has taken action by employing suppliers other than Takata to supply some of its replacement parts for the recall. The business is also reportedly switching airbag suppliers for the next-gen Accord and possibly the 2016 CR-V and Odyssey.