How to Buy the Best Used Car
This is the best way I know of for a regular person to buy the "best used car" for the "best price" with the money you have to spend. Ever bought a lemon? Ever bought an "okay" car for a high price? It's time for you to change that.
- Make a list of the cars you like that are in your price range and driving range in the The Auto Trader's Guide.
- Then cross the lemons off of the list per the Consumers' Reports repair records for used cars. What's a lemon? Any car with a bad record on electrical, transmission or motor.
- Although you were able to find many cars in your area and price range, double check their prices against the going rate at The Kelley Blue Book to see which ones on your list have the most reasonable prices. By this point you should only have 3 to 10 cars on your list.....
- Go grab a friend that's a mechanic and check out those cars. Go check out the best priced one, and if he likes it, dicker with the owner for a better price and buy it right then, if not go to the next car on the list.
It's possible you won't find a good deal the first week you go look, and if that happens, just wait a week and look again. That's never been my experience though and I generally buy cars under loan value.
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