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Client: Frank T. (Buffalo, NY)
Vehicle: 2003 VW Passat
Book Value: $17,789
Purchase Price: $9,050
Savings: $8,739

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Client: Chris W. (El Cajon, CA)
Vehicle: 2002 Ford Expedition EB
Book Value: $18,944
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Client: Cliff S. (Ft. Worth, TX)
Vehicle: 2002 Hyundai Elantra
Book Value: $9,975
Purchase Price: $475
Savings: $9,500

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Me and my mom are buying a used car and me being more into computers then cars, I dont know much. She wants a toyota corolla or camery with around 60,000 miles on it. We are going to a used car dealer. What kind of price should i ask for and what would be too much? thanks for any help!

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5 Comments »

  1. Do your Homework first. If you buy from a dealer your likely to pay about $1000 more than from a private party. This link might be helpful…

    Comment by silsa1 — March 28, 2011 @ 11:28 am

  2. The best advice that anyone has ever given me about car buying is to secure your credit before shopping. That way you know how much you can afford.

    Comment by mckeeman4 — March 28, 2011 @ 11:28 am

  3. check nada on that car and your trade find out a exact price before your tell them your trading shoot for a price in between trade and retail get the car check by a shop

    Comment by hoodlegends13 — March 28, 2011 @ 11:28 am

  4. First you need to do your research! Research, research, research! Since your into computers…consult edmunds.com, msnautos.com, kbb.com. Those will not only tell you what you can expect to pay, but they will tell you the reliability, gas mileage, value retention of the cars you’re interested in etc. (msn is especially good for this). Consult these before even stepping on the dealer lot, they’re all vultures ready to take advantage of you! Set a price range, stick to it!

    Comment by jtwin8 — March 28, 2011 @ 11:28 am

  5. 1. Do your homework
    2. Know what you want to pay before you negotiate
    3. Don’t get all gushy over the car in front of the salesperson
    4. Be prepared to walk away, they will call you back
    5. If the deal isn’t right, change it or go somewhere else
    6. Look for signs of poor maintenance – dirty oil, dirty air filter, discolored or burnt smelling transmission fluid (it should be bright red), gum or cigarette burns on seats or carpet. Dampness in the trunk or a mildew smell means there are leaks.
    7. Have a mechanic or someone knowledgeable check it out before you finalize the deal.

    Comment by Dirty Dave — March 28, 2011 @ 11:28 am

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