The average used car profit at a Dealer is right around $2,000. You can probably add another $1,000 to this figure by eliminating avoidable Dealer costs such as sales commissions, advertising costs, rent and other Dealer overhead items. The wholesale price is a used cars trade-in value. That's what cheap used cars sell for at Dealer only used car auctions. For a consumer, this would be a "great price" for cheap cars. In my opinion, getting this price would make a car purchase "cheap". Getting even a better price than trade-in would be an "outstanding" buy. This also is possible, but again, it will take some work and patience. So, a somewhat simplistic approach would be to target roughly $3,000 off of the going retail price. However, for a more detailed explanation of trade-in and wholesale car values, keep reading this article. How to Find Cheap Used Cars: Public Car Auctions: This is probably the best outlet for getting a cheap used car below it's trade-in value, and often far below. There really are "cheap cars" at auctions. And anyone can go ... no license is required. These are bank repo, government and police seized car auctions and there are definitely some used car deals to be had. While learning "how" to buy a car at an auction isn't difficult, actually locating them in your area can be. Also, finding the exact car you want may take more than going to a single auction. While many cars at these auctions are high mileage vehicles, some in need of repair, I'd estimate that 15% to 20% are of the low-mileage, late-model variety that were simply brand new cars a few months ago. And due to the current financial crisis, this is a fast growing segment. There's some real bargains here. To learn more, you can take a look at more of this used cars article on using and locating open-to-the-public car auctions below. Car Brokers: Next, there are Car Brokers. But you should understand what used car brokers are capable of and what are the limitations. Most purchase vehicles primarily at Dealer-only auctions. This means paying the going "trade-in value" for a car. And then, because brokers should have much lower costs than a traditional Dealership, they can then put a small markup on the car. The result for the consumer, depending on the actual price paid by the broker, will be a price very near the actual trade-in value for the used car. Using a broker, however, is actually an "easy" method for the cheap used car buyer. It takes very little effort because the car broker does the work. But if you do the work, there are even better deals. Cars Sold By Owner: This is another option where some patient shopping should pay dividends. Search for your car at websites such as AutoTrader.com and Cars.com. Also check your local newspaper classifieds section. Individuals know they can't sell their used cars at the same prices as Dealers because there are no services provided and there is very little recourse available for buyers. At the same time, individuals also don't have any Dealership costs to markup for. No matter what source you use to get your cheap used cars purchased at the wholesale price ... or better ... always be a smart, informed buyer. Always, get the CarFax or AutoCheck History Report of the vehicle. And always have the used vehicles mechanically inspected prior to purchase. Getting "cheap used cars" or the absolute "best used car buys" on a car is indeed within your control ... if your own personal circumstance allows it. You can try to get "lucky" by going through the usual car buying guides. But if you make the time and put in some extra effort, there are definitely some outstanding car savings out there.
Disclaimer about Cheap Used Cars For Sale By Owner. Seek the advice of a professional regarding Cheap Used Cars For Sale By Owner. We are not affiliated with any Cheap Used Cars For Sale By Owner companies. This includes Cheap Used Cars For Sale By Owner in alabama, alaska, arizona, arkansas, california, colorado, connecticut, delaware, florida, georgia, hawaii, idaho, illinois, indiana, iowa, kansas, kentucky, louisiana, maine, maryland, massachusetts, michigan, minnesota, mississippi, missouri, montana, nebraska, nevada, new hampshire, new jersey, new mexico, new york, north carolina, north dakota, ohio, oklahoma, oregon, pennsylvania, rhode island, south carolina, south dakota, tennessee, texas, utah, vermont, virginia, washington, west virginia, wisconsin, wyoming. used cars new york, used cars los angeles, chicago, houston, philadelphia, phoenix, san diego, dallas, san antonio, detroit, san jose, indianapolis, san francisco, columbus, austin, baltimore, milwaukee, boston, district of columbia, el paso, seattle, denver, charlotte, fort worth, portland, oklahoma city, tucson, new orleans, las vegas, cleveland, long beach, albuquerque, kansas city, fresno, atlanta, sacramento, oakland, mesa, tulsa, omaha, minneapolis, honolulu, colorado springs, st. louis, wichita, santa ana, pittsburgh, arlington, cincinnati, anaheim, toledo, buffalo, st. paul, corpus christi, aurora, raleigh, newark, lexington fayette, anchorage, louisville, riverside, bakersfield, stockton, birmingham, jersey city, norfolk, baton rouge, hialeah, lincoln, greensboro, plano, rochester, glendale, akron, garland, madison, fort wayne, fremont, scottsdale, montgomery, shreveport, lubbock, chesapeake, mobile, used cars miami, hollywood, des moines, grand rapids, richmond, yonkers, spokane, augusta richmond county, glendale, tacoma, irving, huntington beach, arlington, modesto, durham, boise, winston salem, al, ak, az, ar, ca, co, ct, de, fl, ga, hi, id, il, in, ia, ks, ky, la, me, md, ma, mi, mn, ms, mo, mt, ne, nv, nh, nj, nm, ny, nc, nd, oh, ok, or, pa, sc, sd, tn, tx, ut, vt, va, wa, wv, wi, and wy. Cheap Used Cars For Sale By Owner. List of Car Makes and Models: ac cobra, acura, alfa romeo, american motors, armstrong siddeley, aston martin, audi, austin healey, avanti, bentley, bitter, bmw, bond, bricklin, british leyland, bugatti, buick, cadillac, caterham, chevrolet, chrysler, citroën, cottin and desgouttes, daewoo, daihatsu, daimler, daimlerchrysler, davis, delorean, dodge, duesenberg, eagle, edsel, elva, ferrari, fiat, ford, general motors, geo, ginetta, gmc, graham paige, heinkel, hillman, holden, honda, humber, hummer, hyundai, infiniti, intermeccanica, international harvester, isuzu, jaguar, jeep, jensen, kaiser, kia, lada, laforza, lamborghini, lancia, land rover, lexus, lincoln, lotus, maserati, matra, maybach, mazda, mclaren, mercedes benz, mercury, merkur, mg, mini, mitsubishi, morgan, morris, nash, navistar international, nissan, oldsmobile, opel, packard, peugeot, pierce-arrow, plymouth, pontiac, porsche, proton, puma, renault, riley motor cars, rolls royce, rootes group, rover, saab, saturn, scion, singer, skoda, studebaker, subaru, sunbeam, suzuki, tatra, toyota, trabant, triumph, tucker, tvr, uaz, unique motor company, vanden plas, vauxhall, vespa, vignale, volkswagen, volvo, willys, wolseley, yugo. 100 Best Used Cars: 1 honda accord 2. subaru forester 3 mazda mx-5 4 mitsubishi carisma 5 toyota yaris 6 honda civic 7 nissan almera 8 honda cr-v 9 toyota rav4 10 nissan micra 11 lexus is 200 12 mazda 626 13 jaguar x-type 14 toyota landcruiser 15 volvo s/v40 16 mini (bmw) 17 suzuki vitara 18 mazda 323 19 toyota carina e 20 saab 9-5 21 lexus ls400 22 ford ka 23 rover 45 24 hyundai lantra 25 mercedes slk 26 citroen xsara 27 ford cougar 28 subaru impreza 29 skoda octavia 30 audi a4 31 nissan primera 32 toyota avensis 33 volvo 850 34 vauxhall corsa 35 seat toledo 36 volkswagen golf 37 daewoo lanos 38 fiat brava 39 hyundai coupe 40 mitsubishi shogun 41 rover 25 42 mercedes clk 43 fiat marea 44 ford focus 45 peugeot 106 46 mg mg tf 47 bmw z3 48 hyundai accent 49 volkswagen polo 50 fiat punto 51 vauxhall zafira 52 mercedes c-class 53 volvo s60 54 toyota mr2 55 mazda xedos 6 56 ford puma 57 vauxhall astra 58 vauxhall omega 59 chrysler neon 60 audi a2 61 ford fiesta 62 ford mondeo 63 vauxhall corsa 64 citroen saxo 65 bmw 3 series 66 vauxhall vectra 67 isuzu trooper 68 mercedes m-class 69 subaru legacy 70 rover 400 71 fiat ulysse 72 mercedes e-class 73 renault clio 74 toyota celica 75 peugeot 306 76 peugeot 406 77 volvo s70 78 rover 75 79 daewoo matiz 80 peugeot 206 81 mazda mx-3 82 vauxhall tigra 83 seat ibiza 84 peugeot 106 85 renault megane 86 peugeot 406 87 saab 9-3 88 audi a3 89 bmw x5 90 mercedes s-class 91 toyota corolla 92 seat alhambra 93 bmw 5-series 94 daewoo nubira 95 alfa romeo 145 96 saab 900 97 mazda mx-6 98 jaguar s-type 99 daewoo leganza 100 porsche boxster |