Road and Travel magazine provides tips for buying a used car[1] .
Typical costs:
Once you've determined which used car you wish to purchase, use multiple car pricing services such as Kelly Blue Book[2] , Edmunds[3] and VMR Auto Guides[4] .
Next, you can review recent ads for used cars at vehix.com[5] , in your local newspaper's classified ads, and at craigslist.org[6] .
Once you've gotten several examples of local listings, you may want to consider comparing prices at your local car dealerships.
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They saw me comin'. Off my bipolar meds and impulsive I bought a used Prius when there was nothing wrong with the car I had. I only wanted to look around and they got me. One month after I had car the radiator needed to be replaced(never buy from dealership when you have to show mechanic where leak is) $550 later I realized I paid too much for the car and was stuck with it had other repairs done plus regular maintenance and new tires and brakes. After trying to keep up with payments and maintenance I went broke couldn't afford it anymore and had it voluntarily repossessed. On credit report shows involuntarily repossessed and that I owe just as much as I already paid and they sold it at auction for pennies. I remember when you could buy a junkbox for $300 to $500 and beat it into the ground for 3-5 years before it died. Now we pay too much for a used car that needs too many repairs and dies within a year.
1991 Camry, brand new tires, good records, needs a little maintenance but what do you expect from a 21 year old car. 195K miles. We think it was a good deal.
Extended warranties and factory warranties do come with rules such as regular maintenance ie: oil changes; 15k 30 k maintenance etc. Or it will void them. If you keep up on them they're worth their weight in gold. The guy aboves brother no doubt kept up on his. As for dealer auctions , dealers also and up with some lemons as the other guy above stated. It just buyer beware.
I purchased this car as my first car and for the first week it ran fine and evreything.Then a week later it broke down and has been sitting in my drive way for about two months now.So if I sell this car and get 1200 dollars back from it and bought another used car how much would I have to pay the tag office and my insurance company for switching everything.
Posted by: NarutoV2On my fisrt car in Mckeesport, PA.
Posted: September 3rd, 2009 10:09PM
Car Make: Chevy 2000
Car Model: Monte Carlo LS
Dealer: Tom Clarks
On my first car purchase I used a wrecked town and county van to trade and got 450 dollars trade in according to blue book. SO now it was 6500 or so before plates, one month warranty etc, and total of 7100 AFTER TRADE IN, would have been 7600 or so. It has 85000 miles on it. Had everything the ls model would have. I found out I could have save a thousand if I waited a month or so in a different place for similar but without the sun roof. I really need a car at the time, so oh well, now the car could be brought for 5000 dollars or so. I guess it was just because I brought the car at the wrong time. I spent about 2200 dollars on this car in a year because it needed two water pump repairs, left mirror fell off, all 4 tire rods were messed up ,need new brake lines and 4 new brakes, like 3 or 4 oil changes, inspection, PC check and a shitload of labor costs. People say it could be just because I brought the wrong car or maybe it is just because it is getting near the 100k mark and the dealers probably knew about the starting of the wear and tear. So overall, FCK dealers, IF YOU WANT A CAR look in craiglist for private sellers because they probably had more recent fixes than a car dealer, and from research car dealers will only fix parts in major need of fixing and leave out the rest.
After the fact realized, I could have got it from owner direct on Craigslist for $10000. Anyways, 3 days after I bought the car, 74000 miles, the sunroof wouldn't work. Car dealer says sorry, as is. Mercedes dealership wants a crazy $2500 to fix it. Extended warranty( I paid 2K to the car dealer for it)wouldn't fix it cos' it happened within 30 days. My mechanically gifted buddy opened that little panel on the roof, figeted with the wires a bit and now it works great.
The car runs beautiful but after a year the alternator gives up, spent $900 to replace, extended warranty won't pay, citing lack of maintenance records. That's cos' we did oil changes ourselves. Anyways,what's an oil change gotta do with the alternator? Their contract is iron clad though, so I lucked out.
Then we started thinking, how do extended warranty companies make their money? Every car will need repairs. They'll be underwater all the time! That's when we realised it's all a scam. And dealers get a cut for selling it.
My brother-in-law has a FACTORY warranty on his Dodge, they honor it everytime...no questions asked.
The whole experience has made me $4000 poorer (2K to the dealer and 2K to extended warranty) but hey, I'm a lot wiser.
Never ever, ever, ever buy an aftermarket extended warranty from a used car dealer - especially if they're called Autosource.
Like politicians, they're full of hot air and broken promises.
purchased a car from private owner and they told me noting was wrong with car in good condition bought the car on a Monday it broke down on me on a Friday.
Bought 2002 Nissan Altima from the "dealer" auction. On the lot car looked amazing, drove nice too and I though I saved some money. Some time later.. ..turns out that car was buffed out and after couple of washes you could see all the scratches and stuff... than.. mechanical problems started to come up.. so far.. spend around 800 to fix stuff.. still have around 500 to invest in to that car to make it decent. Mechanical problems look like someone took all the good parts out and put shitty parts in .. .. example.. ALL struts had to be replaced! How often does that happen? on 2002 car? come on! paid around 700 in taxes.. on this car too! When I bough the car I looked it's price on Kbb and it turned put to be same thing that I paid for it.. .. meaning that I did not save anything! DO NOT BUY ANYTHING ON SO CALLED DEALER AUCTIONS! buy from private owner.
I had no mechanical problem's with my car. It really holds up when you hit a garbage truck in the left rear. Car was totaled, but I was just bruised up a little. Now I am get a 96 instead of a 97 which could not be found, Would recommed this car for anyone. Easy to drive.
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