By: Gary Hanish
Naturally, humans tend to look for things that are cheaper. The same can be said of car buying. This explains why there are a lot of people who buy used cars. In fact, it has been confirmed that the number of people who buy used cars is three times as much as the number of people who buy new cars.
1. You have to understand about the pricing of used cars. Franchise dealers typically attach a certain percentage of the original value of the used car on top of the current value of the used car, thereby marking up the total purchase price sold at the dealerships.
2. There are some other factors that determine how used cars are priced. The list of installed optional equipments on the used car, where the car is being sold, and the demand for the car in your city all affect the pricing of the car. In some cities, the price for a particular car may be higher than other cities. When this is the case, you could travel a little outside your city to find cheaper deals.
3. Find the used car's true market value at NADA. National Automobile Dealer's Association releases a copy of used car price guides every year. You may also check their web site to check the current prices of the used cars you are looking for.
4. Cheaper used cars may be found at government auctions. Government auctions happen every year and you may want to check out a checklist of the auction program. It may also offer you guidelines on finding quality used cars at lower prices. You may visit Federal Citizen Information to find out the guidelines in buying used cars from government auctions.
5. Another effective way is to explore around using the Internet. There are quite a handful of good websites that can help you find the used car you want. These websites can give you a rough estimate of cars' prices. You can also utilize them to compare car features and find out which locations offer cheaper-priced cars.
6. It is also important for you to note that the age of the used car, its overall shape (condition), its age, its market demand, its mileage, as well as its interior and exterior condition all affect the price of the used car. You should also get its maintenance record from the dealership or previous owner.
7. Be wary of tricks deployed by dealers. They know that a person will not buy a car unless he is given a discount. Hence what they tend to do is they will mark up the original price of the car. When a prospective buyer shows interest, they will give a special discount to him. Unbeknownst to the buyer who thinks that he has found himself a bargain, the price of the car after discount is actually the original price of the car before the mark up.
Article Source: http://www.articleyard.com
Information about the Author:
Gary Hanish Is A Car Specialist Who Knows Real Well The Art Of Buying Used Cars. Get His Free "Car Buying Tips" Course On His Buy Used Car Site & Learn How Not To Get Ripped Off When Buying A Used Car.
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