Finding cheap cars for sale can be a strenuous process, but it’s not an impossible task. Have you been waiting around for the perfect sale to come to you? That’s obviously not the best way to find a cheap car for sale.
Instead, if you can put together a solid approach and handle the process intelligently, you have an opportunity to drive a great car home without your wallet being totally barren.
Step 1: Research – Do your research! There’s nothing more important than information. First you have to figure out what type of vehicle you are in the market for…coupe, sedan, wagon, truck, SUV, minivan. Then you can begin to narrow down other factors such as cost, features, location, etc.
Once you know what types of cars you are looking for, then you can begin your actual search.
Step 2: Define Cheap – Cheap can have a number of different meanings. Are you looking for a cheap car in the sense that it costs less than all other used vehicles? Or are you looking for a cheap car in the sense that it costs less than similar year/make/model?
Most of the time the answer is going to be something in between. You have to determine whether a $500 Ford Taurus that runs well is your cheap or if a $5000 BMW 3-Series is your cheap.
Step 3: Play the Field – Don’t limit yourself to one outlet for potential place of purchase. The best place to find a cheap car for sale is going to differ with every purchase and depend on the first two steps. Don’t rely your entire search on newspaper classifieds, websites online, private party sales or car dealerships. Shop around. Play the odds. While it might take a little more time, it will likely end up saving you money/hassle with future problems.
Step 4: Stay Skeptical - If a deal ever looks too good to be true…well, then there’s a good chance that it is. Be patient enough to investigate any really good-looking deal and make sure it is legitimate. That said…
Step 5: Act Fast! – If you’ve checked a car out (and had a mechanic look at it) and everything looks good, don’t be afraid to jump on it (not literally). Show that you are interested. You’re definitely not the only one out there looking for cheap cars for sale.
Make sure you take it for a test drive to get a good feel for it and again…have your own mechanic take a look at it. There’s no reason to rush the transaction after you’ve shown interest. Have it inspected before handing off your cash to make sure it isn’t too good to be true.
Step 6: A Little Haggle – If you’ve decided that you have found the ONE, don’t be afraid to try to get the price down an extra $100, $200, $500. Don’t be a jerk. You don’t have to be overly aggressive, but you can ask the seller to knock a little off the price. Depending on the starting price, you’ll probably have a better chance getting a few bucks off cheap cars for sale from private sellers rather than dealerships, but you never know until you ask.