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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
Purchase Price: $8,000
Savings: $10,944

"I didn't think it was possible to buy a reliable car for under $500. WOW! I own my car for the same price as other people's monthly payment"

Client: Cliff S. (Ft. Worth, TX)
Vehicle: 2002 Hyundai Elantra
Book Value: $9,975
Purchase Price: $475
Savings: $9,500

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I’m looking for a used car, but I don’t know what to look for; I don’t know very much about cars. I’m in desperate need of guidance!

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6 Comments »

  1. You want a car that has been well taken care of
    You want a car with low miles
    You want a car that has only had one owner
    You want a car that has never been wrecked
    You want a car that has never been repainted
    You want a car that still looks brand new
    You want a car that runs like it is still brand new
    You want a car that doesn’t need immediate repairs or money invested in it to make it drivable

    You want a car that is reliable
    You want a car that is dependable
    You want a car that is good looking
    You want a car that meets your needs
    You want a car that is economical
    You want a car that is easy to drive, a car that you "fit" in
    You want a car that is fun to drive
    You want a car that doesn’t clash with your personality.
    You want a car that doesn’t cost too much

    Ask all the questions that you can to find as many of these things as possible.

    Comment by mccoyblues — April 11, 2011 @ 9:03 am

  2. Is the title clear?
    Has it ever been in an accident?
    If so, to what extent? (Body work done, damage to frame, etc)
    How well was it maintained? Any documentation to supprt that?
    Where did it come from? (Never buy a car from Louisiana.)
    Look underneath for signs of fluids dripping.
    Check said fluids before starting it…this gives you the chance to inspect the engine compartment as well.
    Check the tires for signs of uneven wear (might indicate alignment issues).
    Check overall condition, & thump body panels (bondo sounds different than sheet metal).
    Listen for unusual sounds, when starting, idling, and while driving.
    Feel for things while driving…knocks from the suspension, pulsating from the wheels, pulling to one side in the steering.

    Comment by Bungholio — April 11, 2011 @ 9:03 am

  3. First step in buying a used car is to determine your needs and budget. Focus your search on 2 or 3 models. Consider what is important to you in a used car such as: automatic transmission or manual transmission, leather or cloth, 2 doors or sedan. Gather gas consumption info on the model you like. Remember that the cost of the used car isn’t the only cost you’ll encounter. Take the following factors into consideration when deciding on a specific model.

    * Income:
    What can you really afford to pay? Use an online calculator to figure out how much you can spend

    * Insurance cost:
    Cost of insuring BMW is not the same as a Toyota Camry.

    * Maintenance and Repairs:
    Buying parts of newer models and foreign cars is expensive.

    * Fuel efficiency:
    Gas consumption of a V8 will hurt your pocket compared to a V4.

    * Licensing and registration: Varies from state to state.

    * Taxes: Depend on the Value of the car, the newer it is, the more it will cost.

    You’ll have to take into consideration all of these factors. It is important to narrow your search as soon as possible to a couple of models and decide on a budget. Don`t waste your time looking at used cars you can not afford or need
    How to determine your car needs

    * Lifestyle:
    Your needs will be based on whether you are single,married, have children or are planning a family in the near future.

    * Location:
    Are you going to be commuting? Do you live in the country side? Are you going to be using different road conditions

    * Hobbies:
    What do you do during your free time? Do you go to the beach, mountains? Do you ride in a group?

    Many used car buyers make the same mistake of confusing what they want (for example a convertible) with something they need (For example a 4 door Sedan) and in the process they end up overpaying for the car. Take the time to write down what is a necessity for you in a car.

    you will find a video that gives more details on your question here http://used-car-tips.com/how-to-choose-a-used-car/ as well as a lot of other information that you will need to know in this website that specialize in used car tips.

    When you re ready to search for a car: try this website: http://www.welgome.com it will save you tons of time finding a car because it searches the top car sites at once, just like what kayak.com does for flights.

    Good luck finding a good car deal

    Comment by Dave — April 11, 2011 @ 9:03 am

  4. When the purchase of your first is complete you’ll learn alot from it. First I would look into the dealers reputation and possible customer feedback from online forums. When you find the car you’d like it’s the final price that you should know before anything. There can be dealers who base their final price on how much you make, which is decietful practice. You may hear up front about the car going thru a rigorous _ point inspection but look as hard as you need to be sure yourself. Even at this point you don’t need to give the salesman application information or talk of how much you’ll be willing to pay a month. Next should be the test drive…take your time. If your happy with the vehicle and know your final price it will be off to the application process where your credit score will be looked at. You will be offered an interest rate, if it’s too high then you should walk out. That could have you paying a few thousand dollars more.

    Comment by Tyrell B — April 11, 2011 @ 9:03 am

  5. Why are you selling it ?

    Best answers….
    I got a company car.
    The dealer wouldn’t give me squat for it so Im selling on my own for a few hundred more.
    Ive had it for 5-15 years, its time to upgrade.

    Comment by n — April 11, 2011 @ 9:03 am

  6. Ask the seller:

    Ownership: Ask sellers who owned the car before they did, if anyone.
    Mileage: Check the odometer yourself, of course, but ask sellers how many miles they personally put on the car (or truck or motorcycle).
    Reason for selling: Make sure to have your “intuition” turned on when you ask this question.
    Price: Forget the asking price, ask what the “bottom line best price” is.
    Extras or special features: By the way, if it does smell new, ask if the seller used banana oil.
    Damages: Has the vehicle been in any accidents or suffered any kind of major damage?
    Gas economy: Gas prices go up and gas prices go down.
    Service records: Are there complete records of the repairs and maintenance?
    The test drive: Always ask to take a vehicle for a reasonable test drive.
    The “emotional attachment” factor: Find out if the owner was happy with the vehicle.

    Comment by Car_Finder — April 11, 2011 @ 9:03 am

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