Honestly, there really is no single best place to buy a used car, but if you must go searching for one, then you should at least shop responsibly. Generally speaking, it’s always a good idea to get a little background info about the person or organization that is selling any used car that interests you if you can. I wouldn’t recommend buying the first car that you get a good deal on either. You need to gather as much as you can about the used car you plan to buy, and you also need time to calculate the costs associated with owning it. Used cars might be cheaper to purchase than new cars, but sometimes, they end up costing a lot more in the end.
Friends and family are a good place to start if you want to buy a used car. You’ve known them for a little while, and you can trust that they mean well by you. Not to mention the fact that these are people you see on a frequent basis, there’s a pretty good chance that you’ve seen the car they are selling because it’s the one they’ve been driving. Another good thing about buying from people you know is that they will generally cut you a deal. So, it’s a win-win situation if you manage it.
Another place to check for used cars is car auctions, the most common being government and bank auctions and repo sales. All of these are fair markets for used cars and more often than not, the price you’ll pay for a car is well below its actual value.
Despite popular belief, it’s a rare event to get the chance to buy some heavily upgraded car that was seized during a drug bust. With government auctions, you will usually end up with old fleet cars. What’s good about this is that the cars have been well maintained and don’t have a lot of mileage on them. So considering the low price tag that you often find, buying a used car from a government auction is a very good deal.
Bank auctions and repo sales are another place to shop for used cars. Banks and auto dealers are eager to sell off the repossessed cars they have in stock because they cost them money (in the form of taxes). If you offer a decent price, even if it’s at the break-even point, it’s highly probably that you’ll end up with the car you are after.
Rental car companies are also another good option because they, too, buy cars in fleets. Since the cars make their business, you can be assured that they’ve been well-maintained and don’t have sky high mileage; plus, the multitude of their vehicles are newer models. Fleet pricing allows these companies to re-sell the cars to consumers at very competitive pricing. Sometimes, you can get a used car from a rental car company at nearly half its actual value. Talk about a great deal.
Many people go online and search for used cars on eBay, classifieds, and other Internet marketplaces. It is true that you can get some decent cars at fair prices, but you’ve got to be sure to get all the facts before you shell out your hard earned cash. There are lots of scams online, so be aware of this should the Internet be your search venue. The bottom line is that you need to be informed no matter where you choose to buy your used car, but these are some of the best places to find one.