| How to find and negotiate used car price | | | | auction and dealer's transaction records. But again, |
| When you decide to buy a used car you will probably | | | | those numbers are statistics and accumulation of what |
| ask yourself if you could get the best deal out of it. | | | | was put towards particular car model of chosen year |
| Either you buy it yourself or with the help of used car | | | | built, plus many other deciding factors. |
| dealer, your final choice should be something you | | | | We can always find that those estimated values are |
| would never regret. Mostly you would want to know | | | | all different between those companies for the exact |
| how the price is being determined, how the value is set | | | | same used car, and begin to wonder which one is right |
| and if the seller's asking price is fair or not. Furthermore | | | | and more accurate. If you are a buyer you would |
| you would want to negotiate and feel that you had the | | | | want less price tag for the same condition, and if as a |
| best deal finally. On the other hand, if you are in seller's | | | | seller you would want the most value out of it. Since |
| position, you would most likely to know how much your | | | | these values are just educated and tested data in the |
| car value should be set and what the fair price to ask | | | | past, no price tag is either right or more accurate. |
| would be. | | | | Another words, there are no rocket science on the |
| Used car price can't be based on science | | | | price determination process or definitive court order to |
| It is commonly known that even a brand new car's | | | | follow. |
| value will start to depreciate rapidly as soon as it's | | | | In short, used car values are determined by how much |
| taken out of the dealer's car lot - sometime as much | | | | the buyer is willing to pay. If any particular car |
| as 20% of MSRP price tag. And then it will be | | | | manufacturer and model has a good reputation and |
| considered as one of those many found at used car | | | | popularity among consumers, then the buyer will |
| lots. Once it becomes a used car, then the actual | | | | definitely pay more to get one. For example, there |
| value will be based on a number of factors. Usually | | | | were times when a large size SUV was so popular |
| brand name and model, mileage driven, year built, | | | | and has been dream car to each mid-size family. But |
| options, accident history, overall condition (exterior and | | | | since the high gas price is becoming an issue, the value |
| interior) will be deciding factors when it comes to | | | | started to decrease as more people began to avoid |
| evaluate the value. | | | | and tend to depend on fuel efficient hybrid, small car. |
| So how is price set? | | | | Therefore, the trend keeps changing due to other |
| There are no rules or regulations on who should | | | | economic factors - the gas price in this case, and you |
| determine the value of used cars. The price tag is only | | | | can never tell what the right and accurate used car |
| suggested number therefore no one should conform | | | | value would be for the next few years to come. |
| to any preset value. However there is a price guide | | | | If you are considering purchasing a used car, then you |
| provided by the companies such as Edmunds, Kelley's | | | | would want to visit Used Car Dealers and get a |
| Blue Book and NADA Guides. Those companies have | | | | consultation, as they already have dealt with many |
| well established history of used car value estimates | | | | transactions and records of sales in the past. |
| based on the data out of final sales price at the | | | | |