there is no minimum price that will ever correlate with value on a car purchase new or used.
your best bet is to find something that you like to drive and then have it checked out by a mechanic that you trust before you buy. if the seller wont go for this move on and don't look back
note the mechanic will charge you for checking the car but it will be better knowing if it is a stone before it becomes "your stone"
2007-11-18 00:31:01
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answer #1
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answered by hobbabob 6
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Buying a used car is an important financial decision. Generally, the price of a used car is determined by who is selling it. So, it is smart to gather information before you buy, such as knowing what you can afford, then carefully exploring financial arrangements as you negotiate the best deal.
Dealerships account for approximately 50% of the used cars sold annually. Dealers usually have a good supply of late model used cars, so they offer a selection in top condition. These vehicles often carry the balance of the manufacturers warranty and some dealers offer their own warranties. In addition, dealers have service capacities, provide financing services and take care of vehicle registration and license forms.
The Federal Trade Commission's Used Car Rule requires dealers to display prominently and conspicuously a warranty notice called a Buyer's Guide sticker on all used cars (but not trucks). The Buyer's Guide must state whether the vehicle has a warranty or is being sold "as is."
2007-11-18 08:35:57
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answer #2
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answered by Anonymous
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Firstly - there is no guarantee that any car will last two years - secondly, the cost is personal choice.
If it is your first car, I would personally advise that you don't spend too much on it - that way, if it gets banged about a bit, you won't lose any sleep over it.
Car choice is also personal to you - what you like and what I like may be totally different.
Have a good look around - consider a private sale for your first car BUT remember, that in these cases, it is BUYER BEWARE - you could be lucky, like me - I got a good car, with full service history and only 30,000 on the clock for £800 - needed a new clutch at £200 - so in total I got a really good car for £1000. Still going strong, 3 years later with no problems.
Don't always assume that a garage will sell you a car that is reliable and that they will repair any faults - again they could sell it as 'sold as seen' - no comebacks.
Good luck
2007-11-18 08:28:13
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answer #3
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answered by jamand 7
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spend at least £1000 on a small car but nothing is guaranteed and you must choose wisely.
Consider having a possible car inspected by the AA for about £100 this will be very beneficial.
Do some on line research.
Japanese cars are very reliable if you find the right one.
2007-11-18 08:53:12
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answer #4
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answered by Scott S 4
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As my first car i have a 1995 red Nissan Micra, bought of ebay for £450, it runs perfectly, went through mot fine and have had no problems.
2007-11-18 08:32:14
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answer #5
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answered by Anonymous
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Buy private,you'll get a better deal. My first car cost me £300,no rust immaculate interior,never had a problem with it. Sold it for what i bought it for.
2007-11-18 08:34:29
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answer #6
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answered by heebygeeby 4
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as long as the car is fit for the road and has a long mot i think £300.00 is fine
2007-11-18 08:44:01
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answer #7
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answered by Tony T 4
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Dont go under £500 u will only buy trouble
2007-11-18 08:29:13
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answer #8
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answered by gimmieabreak3 2
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