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Buying a Used Car

September 21, 2006

used car dealershipYou can save a bundle on your next car purchase by buying a used car. One of the common concerns I hear from people about used cars is that they will require expensive repairs sooner than new cars. There is no question that repair bills can be outrageously expensive but here's one way to look at it.

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If a new car costs you $15,000 (or more) and a five year old version of the same car costs $5,000, the difference in price leaves you a lot of room to make repairs and still come out on top. That's not even factoring the additional costs involved in insuring and financing the more expensive vehicle.

By Fisher

 
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June 11, 2008

I wanted to mention to all Thrifty car buyers to beware of the cost to replace parts on your economical car. I firmly believe the manufacturer does not make money on an economical car you purchase because they make up for the loss through the replacement parts you will need to fix your car.

 
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November 19, 2004

Buying a used car - don't overlook the private seller. I've bought two used cars, with 60,000 miles on them, paid $200 each time and drove them another 80,000 miles with no major repairs.

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They were not pretty cars, but very dependable transportation. By Betty G.

 
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Links

March 4, 2005

Find out the value of your car. Also car buying advice, reviews and ratings about vehicles.

Link: http://www.kbb.com/

 
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