One of the most important things you can do to purchase a
cheap used car at bargain prices is to do your homework. You should check
your local classified ads and see what the asking price is for the type of
vehicle that you are in the market for. Make sure to get the high and low
Blue Book Price on the vehicle that you are interested in.
Here are some excellent sources for getting pricing:
NADA GUIDESwww.nadaguides.com
KELLEY BLUE BOOKwww.kbb.com
EDMUNDSwww.edmunds.com
Other resources to check with is CARFAX. They can supply you with the
vehicle history report. The National Highway Traffic Safety Administration
has a research area to check recall history on cars. We recommend that you
have the vehicle you are interested in purchasing be inspected by your own
mechanic prior to purchase.
Newspaper Classified Ads are a excellent place to find cheap used cars at
well below retail prices. Many times, people take their cars to dealers for
trade ins and are offered below wholesale prices. Many of these people will
be happy to several hundreds more that what was quoted by the dealer and you
will end up with an EXCELLENT BUY!
Online Auctions can be a great place to find cheap used cars. You can shop
right from the comfort of your own home. Look for auctions with no reserve,
these auctions don’t have a minimum price before they will sell.
Public Car Auctions are open to the general public and do not require you to
have a Dealer’s License. Public auctions can be an excellent place to
purchase cheap used cars at wholesale prices. Some of these auctions are:
Auction Repossessions of Credit Unions, Banks & Lending Institutions. Some
public auctions also auction Police and Local Municipalities, City, State, &
County vehicles.
Estate and Bankruptcy Auctions can be a very good place to purchase cheap
used cars at wholesale prices. These auctions are usually advertised in
newspaper classified section Or handled by Probate Estate Auctioneers.
Government Auctions are an excellent source for cheap used vehicles. They
include vehicles from DEA drug raid seizures, FBI, IRS, U.S. Customs
Auctions, Department of Defense, General Services Auctions, Resolution Trust
Corporation, Department of Housing and Urban Development, and U.S. Postal
Services.
Rental Car Companies often sell their fleets of cars by auction. They can be
a great source of cheap used cars. Contact these large companies and
inquire.
Dealer Auctions can be one of the best sources to cheap used cars at below
wholesale prices. Most of these auctions require that you have a dealer’s
license. These auctions include lease cars, trade-ins, rentals, and fleet
vehicles.
About the Author
About The Author C.L.Spartalis is the publisher of The of How To Turn Used
Cars Into Ca$h With Your Computer www.turnusedcarstocash.com/CheapUsedCars.html
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