Used Vehicles for Under $500/Month in Colorado Springs

Prices are subject to change without notice and at any time. Photos and Videos are for illustration purposes only. Vehicles are subject to prior sale. Price/Payment Calculations are not inclusive of any taxes, title, license, registration charges and fees. Price/Payment Calculations include Dealer Handling Fee of $799. Prices/Payments includes all available dealer discounts.

Not Valid with any other offer. Offers may not be combined. Does not apply to prior purchases. Financing is available with approved credit. Residency restriction and other restrictions may apply see dealer for details.

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Affordable Vehicles for Under $500 a Month in Colorado Springs

There's a lot to be said for saving on the cost of transportation and we have a wealth of great used vehicle choices if you want to keep your car payments under $500 a month, which tends to mean that their selling price is $25,000 or less. Assuming you have good credit, that should give you payments of less than $500 a month. While cars, trucks, and SUVs in this price range are popular and sell quickly, here are some examples of what you might find for less than $500 a month at Bob Penkhus Motor Company in Colorado Springs, CO.

Example #1: A used Ford Escape for less than $500 a month

The Ford Escape is one of Ford's best selling SUVs and when you find one for less than $500 a month at our dealership, you're getting a real bargain. An actual example is a 2018 Ford Escape SEL model that we had available with wireless phone connectivity, a split-folding rear seat, a rear view parking camera and the luxury of genuine leather upholstery. It would save you money with every mile you drive, providing fuel economy of up to 28 MPG on highways around Monument and Castle Rock, CO.

Example #2: A used Mazda3 for less than $500 a month

The Mazda3 is a compact sedan with superb handling, quality materials inside the cabin, and an infotainment system that's easy to use. We offered one that would have cost you less than $500 a month that came with a blind-spot monitoring system, wireless phone connectivity, a heads-up display and a power moonroof. Fuel efficiency was outstanding like they are on most used Mazda vehicles, at up to 33 MPG on Littleton and Pueblo, CO highways.

Example #3: A used Chevy Equinox for less than $500 a month

We offered a 2018 Chevy Equinox that was a certified one-owner model and came with a premium audio system, wireless phone connectivity and fuel efficiency of up to 30 MPG on highways around Parker CO. Keep checking our collection of vehicles for a selling price under $25,000 and you can probably qualify for car payments under $500 a month at Bob Penkhus Motor Company in Colorado Springs, CO.

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  1. Penkhus Motor Company

    1101 Motor City Drive
    Suite D
    Colorado Springs, CO 80905

    • Sales: (719) 473-4595
  2. Bob Penkhus Mazda (South)

    1101 Motor City Drive
    Suite B
    Colorado Springs, CO 80905

    • Sales: 7194577221
  3. Bob Penkhus Mazda at Powers

    7455 Test Drive
    Colorado Springs, CO 80923

    • Sales: (719) 785-9666
  4. Bob Penkhus Motor City Drive

    1101 Motor City Drive
    Colorado Springs, CO 80905

    • Sales: (719) 473-4100
  5. Bob Penkhus Volkswagen

    1101 Motor City Drive
    Suite C,
    Colorado Springs, CO 80905

    • Sales: (719) 473-7283
  6. Bob Penkhus Volvo Cars

    1115 Motor City Drive
    Colorado Springs, CO 80905

    • Sales: (719) 622-7800
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  • Contact our Sales Department at: (719) 473-4595
  • Monday9:00AM-7:00PM
  • Tuesday9:00AM-7:00PM
  • Wednesday9:00AM-7:00PM
  • Thursday9:00AM-7:00PM
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  • Saturday9:00AM-7:00PM
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