Do I Throw Money Away Every Time I Buy Used Car?

Question

Do you remember everytime you bought used car?
Do you believe you could actually save your money while buying?

Though it sounds strange,i read at http://www.publicsurfnet.com/saveonusedcar about how everyone throws his money away without realizing they could actually save money.

Do you find this interesting?

Answer 1

SPAM Alert!!!

Answer 2

I read 1/2 way through this - and he tells you nothing.

Sounds like he went from a salesman to a salesman.

I'll tell you what he will for free right now:

Whatever the car is valued at lets say a 1997 Chevy Cavalier for instance. Has 75000 miles 4 banger automatic.

Well lets say the blue book is from 3000-5000
and the NADA book is from 2500-4000

So that means the turn around or wholesale price of the car is about 2500-3000.
The dealer will give you about 500.00 above this for your car as a trade in, then mark it up to retail price:

So dealer paid - 3000 for it
then puts a 5997.65 sticker on it, and knocks off 400.00 for you for a special deal:
Your still over paying by 2000+.

Thats the way dealers work.

Your best money saving tip is simply stay away from dealerships. Buy from individuals - there you can really haggle, and get a good deal.

Answer 3

If you find one with minimal mileage and late model, consider the depreciation saved. Even if it needs some repairs, not major. That can be far less than depreciation.
Be certain that it has not been involved in a major collision. That is usually required to be revealed to buyer.

Ask for maintenance records. Some owners never maintain their vehicle, oil changes, filters, belts and hoses, brakes, fluids, etc.

I owned one with 100K, put 100K on it. Long time ago.
Had another that was priced right, for about 4 years. It did finally died, but very little investment.

Answer 4

I almost always make money buying a used car, if you know what you are looking at, and know about cars, a few dollars on gaskets, and cleaning up and doing maintenance will bring hundreds, if you buy it right. My last new car was in 1978, I buy junk, drive and fix it and sell it, when I am confident I can get in it and drive it anywhere I want and not worry about it.

Answer 5

I trust Ramsey. regardless of the undeniable fact that, i does not say on no account purchase a clean motor vehicle. in basic terms purchase one in case you could locate the money for to pay money or a minimum of finance for a term which will save with the depreciation (36 months or much less). the main important depreciation era for a motor vehicle is going from a clean motor vehicle to a used motor vehicle, and for good reason, human beings desire to be the 1st one tocontinual a motor vehicle. you realize it has on no account been smoked in, etc.. That has an excellent value. seem for a modern-day variety used motor vehicle to get the main suitable good purchase. occasion: corporation buys extra vehicles than the different organization and that they save them for six-365 days and sell them back to sellers at a decreased fee with 10-40,000 miles on them. i'm a motor vehicle broking and all of my family members get attached with a form of past apartment vehicles at an excellent fee. The turn facet is that a lot of human beings have pushed the motor vehicle in the previous you however the deal makes up that distinction.

Answer 6

They way I think of it is how much is this car going to cost me per 10,000 miles. Currently I bought a pretty decent reliable nissan for $7,000. I have put nothing into it as far as repairs. So far I have put 60,000 miles on it and plan to put about 130,000 on it to get it to 200,000 miles. Now...if you buy that car new it is 20,000 and you might get 300,000 out of it. So in reality, I get to put more miles on it used for less money than if someone bought it brand new and drove it till it dies. The only good thing I see from new is you don't have to worry about problems and you get to drive a shiney new car.

Answer 7

I don't know what method you use every time you buy a used car. I no longer buy new cars. But I've only owned 2 cars since 1994, so I guess I've done my homework on what is a good value and what is not.

Answer 8

This sounds vaguely like Spam. I bet if we click on that link it brings us to a sales pitch.

Thanks, spamboy, for bringing this into our lives.