One of the most important things you can do to
purchase a used car at bargain prices is to do your homework. You
should check your local classified ads and see what the asking price is
for the type of vehicle that you are in the market for. Make sure to
get the high and low Blue Book Price on the vehicle that you are
interested in. Here are some excellent sources for getting pricing:
NADA GUIDES - www.nadaguides.com
KELLEY BLUE BOOK - www.kbb.com
EDMUNDS - www.edmunds.com
Other resources to check with is CARFAX. They can
supply you with the vehicle history report. The National Highway
Traffic Safety Administration has a research area to check recall
history on cars. We recommend that you have the vehicle you are
interested in purchasing be inspected by your own mechanic prior to
purchase.
Newspaper Classified Ads are a excellent place to
find cars at well below retail prices. Many times, people take their
cars to dealers for trade ins and are offered below wholesale prices.
Many of these people will be happy to several hundreds more that what
was quoted by the dealer and you will end up with an EXCELLENT BUY!
Online Auctions can be a great place to find
bargains. You can shop right from the comfort of your own home. Look
for auctions with no reserve, these auctions don’t have a minimum price
before they will sell.
Public Car Auctions are open to the general public
and do not require you to have a Dealer’s License. Public auctions can
be an excellent place to purchase cars at wholesale prices. Some of
these auctions are: Auction Repossessions of Credit Unions, Banks
& Lending Institutions. Some public auctions also auction
Police and Local Municipalities, City, State, & County
vehicles.
Estate and Bankruptcy Auctions can be a very good
place to purchase vehicles at wholesale prices. These auctions are
usually advertised in newspaper classified section or handled by
Probate Estate Auctioneers.
Government Auctions are an excellent source for
bargin vehicles. They include vehicles from DEA drug raid seizures,
FBI, IRS, U.S. Customs Auctions, Department of Defense, General
Services Auctions, Resolution Trust Corporation, Department of Housing
and Urban Development, and U.S. Postal Services.
Rental Car Companies often sell their fleets of
cars by auction. They can be a great source of cars. Contact these
large companies and inquire.
Dealer Auctions can be one of the best sources to
cars at below wholesale prices. Most of these auctions require that you
have a dealer’s license. These auctions include lease cars, trade-ins,
rentals, and fleet vehicles.
C.L.Spartalis is the publisher of The of How To
Turn Used Cars Into Ca$h With Your Computer
www.turnusedcarstocash.com/home.html
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