Times are tough. The job market is still trying to rebound and many businesses are still wary of hiring. If during this “Great Recession” you are looking for a great used car for under $2,000, you are not alone!
There are probably hundreds of cheap used cars under two grand in your immediate area, but some of them are that cheap for a reason! But this doesn’t mean you can’t find a quality used car at a great bargain price.
If you needed some helpful tips when thinking about how to find good used cars within your budget, you’ve come to the right place.
Private Parties—When negotiating with a private party seller, always work in the question “what’s the lowest you will go?” to establish that you are not going to pay sticker, and if you are prepared to only buy a used car under $2,000, be prepared to walk out if they can’t sell it for less than $2,000.
Play the Field—It’s always best to shop around. Checking the local paper’s classifieds and then giving up will really handcuff your search. We suggest that you check as many different sources as you can and check them often. The Internet has blown the used car market wide open, making it easier than ever for people to buy and sell vehicles that would normally be easier to just trade-in and let dealers resell. If you take your time, you can find some great deals.
Act Fast—“But didn’t you just say take your time?” Well, yes…buuuuut once you find a good deal there is no reason to drag your feet. Go ahead and contact the seller immediately. You aren’t the only one looking for used cars under $2,000, so any hesitation or procrastination will result in a lost opportunity. However, and this is especially true when dealing with private sellers, be careful and reserved after initial contact. There’s no reason to rush the transaction after you’ve expressed interest and it’s best to make sure you test drive the vehicle and have it inspected before handing off your cash because, often times, if it sounds too good to be true, it probably is!
Know what to look for—To get a good deal you want to find a solid, dependable used car that has been well-maintained with regular servicing (it’s common practice to ask for the car’s records) with around 125,000 miles or more; but consider avoiding any cars that are nearing or have surpassed 200,000 miles. These cars might require extensive work in the short-term, which may end up costing more than the car itself. The appearance of a car can also tell a lot about its upkeep—a fresh paint job, for example, can indicate recent bodywork.
Every car is different and there are many different choices out there if you take the time to look; below is a list of great used cars that you can find for under $2,000 and will still give you some good years of operation, as long as you follow the tips above before buying.
Give these a gander—
- Honda Accord (late 90s)
- Ford Ranger (2000-ish)
- Subaru Impreza (2000-02)
- Hyundai Accent (2000-ish)
- Chevy Cavalier (94-2000)
- Toyota Celica (90-92)
- Ford Taurus (94-99)
Feel free to list in the comments some other great used cars out there for under $2,000!