We all know that the value of a new car plummets the moment it leaves the showroom. So this car buyer says, "Why not buy used?" "It'll last for another ten years, almost as long as a brand new car and save 17 thousand dollars." "Buying a late-model, low-mileage used car can be a smart move. It can cost as much as 45 percent less than the same car was when new, yet still have most or all the features you're looking for and still have years of life left in it." Consumer Reports says if you're buying a used car, get ready to do some research. As you narrow down your choices, be sure to factor in a vehicle's reliability. Then research going prices and hone in on actual cars on sites like Auto Trader.com, eBay, and Yahoo autos. Jon Linkov, "When you find the right car, now is the time to be extra skeptical. Getting a vehicle history report, like a Carfax, is OK, but don't stop there." You'll need your mechanic to inspect the car, as the vehicle history report doesn't always pick up everything … like accidents. You'll probably need to leave a deposit with the seller. And expect to pay around 100 dollars for the inspection. Jon Linkov, "If the car passes mechanical muster, you're ready to bargain. Make an offer based on the prices that you've researched. Be prepared to dicker a little. But also be prepared to walk away." Solid research and diligence can pay off when you find a great car at a great price.
National And World News
- Is Obama heading toward airstrikes in Syria?
- Hamas leader says militants took slain teens
- U.N. condemns execution of U.S. journalist
- Chinese fighter comes close to U.S. Navy jet
- Lauryn Hill releases song to support Ferguson
- Officials: Couple lured Amish girls with dog
- Ukraine: Russian aid convoy 'direct invasion'
- More raised for Ferguson officer than teen
- Voice may provide clues about Foley's killer