Some cheap cars under $500 that are available for sale from online auto dealers include a 1988 Ford Tempo, a 1985 Volkswagen Quantum, a 1992 Subaru Legacy and a 1993 Nissan Altima. Vehicle owners with very old cars that need multiple repairs often sell off their cars for under $500.
Buyers must consider the risk of buying such old cars as they often need substantial repairs before buyers can drive them. Online listings by private sellers on online marketplaces such as eBay Motors and Craigslist.org provide an array of automobiles, which potential buyers can filter by price. Cheap cars under $500, such as a 1941 Chevrolet pickup, a 1989 BMW 535 and a 1962 Ford Thunderbird are available at government auctions and auto junkyards, as of 2015.