How to find cheap cars
In this case, your next move might be to apply for a personal loan. Just be aware that those interest rates are typically higher than for auto loans. There are a number of places to purchase a used auto. Here's a quick rundown: CarMax offers no-haggle pricing and cars that are in good condition, but its prices are a bit higher than you'll find elsewhere. Private-party sellers have lower prices and can be negotiated with more easily, but the burden is on the buyer to get the car inspected.
Major dealerships sell certified pre-owned cars that are in excellent condition and backed by factory warranties. This option will appeal to buyers who want to minimize the risks of buying used and are willing to pay extra for it. Independent used-car lots are another alternative but can vary wildly on price and the condition level of their cars.
On Edmunds, it is easy to check your area for local vehicle listings. At the top of this page, simply type in your ZIP code and hit "Go. Once you've narrowed the field down to a couple of candidates, it's very important to thoroughly check out their condition and take them for a test drive.
A thorough vehicle inspection can shed light on potential problems or tell you whether the car has been in an accident. Don't hesitate to bring your mechanic to see the car or to request a mobile inspection. Take the car for a spin to listen for any unusual noises and to see if you like the way it drives.
If you are an audiophile, now is also the time to test-drive the audio system. A vehicle history report from services such as AutoCheck, Carfax or the National Motor Vehicle Title Information System is worth the money and could help tip the scales in favor of one car over another. Don't stress out over a little bit of haggling. If you've done your homework on the car, you will have the information you need to negotiate.
Make sure you input the correct miles and choose the applicable options. Edmunds' TMV tool will show you what you can expect to pay for the vehicle, depending on whether the seller is a private party or a dealership. You'll also get the car's estimated trade-in value. Consider printing a copy of the TMV and bringing it with you to help wrap up the deal. Keep in mind that TMV is an average. You may end up above or below the price. But as long as you get reasonably close, you've paid a fair price. Most private sellers aren't as experienced in negotiating as dealers, nor do they want to negotiate as car dealerships do.
Use this to your advantage and make a fair but aggressive offer. If the seller turns it down, be persistent and counter with a slightly higher amount. Remember, it might be OK to spend a little more than you'd hoped if you found the perfect used car. When the time comes to close the used-car sale, there are a few important items to take care of.
Have the seller get a smog test for the car if your state requires one.
7 rules for buying a cheap car with cash
Check the registration to ensure it is current. Make sure the seller gives you the title also called a "pink slip". If the owner still owes money on the vehicle, you may have to contact his or her bank or credit union to complete the transfer of ownership. Some states require the seller and buyer to complete a bill of sale. This document is good to have in case you are pulled over and haven't yet registered the vehicle. To prevent any hassles like that in the first place, go to the Department of Motor Vehicles as soon as possible to register the vehicle in your name and pay any appropriate taxes.
To find a dealership that knows how to treat shoppers right, please visit Edmunds Dealer Ratings and Reviews.
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Want a new car at a low price? Here's how to get the best deals - Los Angeles Times
Shop great deals on popular used cars. Buy like a pro. Negotiating Car Prices Tips on how you can potentially save thousands of dollars from the sticker price when you buy your next new or used car. Car Buying Documents That Matter Here are six documents to read carefully when you're purchasing a new or used car.
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Highly-rated used cars. Buying a used car If you've come here looking for a great deal on a used or certified pre-owned CPO car, truck, SUV for sale, then you're in the right place. Quick guide to buying a used car All you need to know in 5 easy steps Buying a used car is one of the smartest financial decisions you can make. Research your prospective car. Get your financing in order. Figure out where to shop for your car. Test-drive and inspect the vehicle.
Negotiate and close the deal. This will depend on your comfort level and your perspective on when a vehicle has been driven too much. Some people are scared off by seeing , miles on the odometer even though it's an outdated milestone. And while , may be a closer indicator of excessive miles on a vehicle, it still doesn't mean the vehicle won't go past it. It greatly depends on how well the vehicle has been maintained. Learn more. This answer is subjective since many people have varying opinions on what makes a great used-car website. We think Edmunds is a great place to shop for a used car. They also can include hefty down payments.
So dealers have big supplies. So figure out what size car you want. The sales figures are released early in the month. Many websites, including those from the auto companies as well as kbb. Say you decide on a midsize car. During the first two weeks of the month, go to a few dealers. Confirm the incentives you found online — then ask for more. There also are other discounts for being an AAA member, serving in the military or being a recent college graduate.
Work that into the deal later. Bigger dealers can get higher payments from automakers and sometimes can offer better prices than smaller ones. Senators try to speed up deployment of self-driving cars. New partnership will enable people in L. About Us. Brand Publishing. Times News Platforms. Real Estate.