One of the most important things you can do to purchase a cheapused car at bargain prices is to do your homework. You shouldcheck your local classified ads and see what the asking price isfor the type of vehicle that you are in the market for. Makesure to get the high and low Blue Book Price on the vehicle thatyou are interested in. Here are some excellent sources forgetting pricing: NADA GUIDESwww.nadaguides.com KELLEY BLUEBOOKwww.kbb.com EDMUNDSwww.edmunds.com Other resources to checkwith is CARFAX. They can supply you with the vehicle historyreport. The National Highway Traffic Safety Administration has aresearch area to check recall history on cars. We recommend thatyou have the vehicle you are interested in purchasing beinspected by your own mechanic prior to purchase. NewspaperClassified Ads are a excellent place to find cheap used cars atwell below retail prices.
Many times, people take their cars todealers for trade ins and are offered below wholesale prices.Many of these people will be happy to several hundreds more thatwhat was quoted by the dealer and you will end up with anEXCELLENT BUY! Online Auctions can be a great place to findcheap used cars. You can shop right from the comfort of your ownhome. Look for auctions with no reserve, these auctions don'thave a minimum price before they will sell. Public Car Auctionsare open to the general public and do not require you to have aDealer's License. Public auctions can be an excellent place topurchase cheap used cars at wholesale prices. Some of theseauctions are: Auction Repossessions of Credit Unions, Banks &Lending Institutions. Some public auctions also auction Policeand Local Municipalities, City, State, & County vehicles. Estateand Bankruptcy Auctions can be a very good place to purchasecheap used cars at wholesale prices. These auctions are usuallyadvertised in newspaper classified section Or handled by ProbateEstate Auctioneers. Government Auctions are an excellent sourcefor cheap used vehicles. They include vehicles from DEA drugraid seizures, FBI, IRS, U.S. Customs Auctions, Department ofDefense, General Services Auctions, Resolution TrustCorporation, Department of Housing and Urban Development, andU.S. Postal Services. Rental Car Companies often sell theirfleets of cars by auction. They can be a great source of cheapused cars. Contact these large companies and inquire. DealerAuctions can be one of the best sources to cheap used cars atbelow wholesale prices. Most of these auctions require that youhave a dealer's license. These auctions include lease cars,trade-ins, rentals, and fleet vehicles.
