| When it comes to used car prices, make sure to | | | | they would immediately realize a net loss of thousands |
| inform yourself to prevent being cheated. There are a | | | | of dollars. However, once a car reaches the age of 5 |
| lot of dishonest people out there who will sell you there | | | | and over, people are looking around to buy a new one. |
| car, full well knowing there is something wrong with it. | | | | This is the age where used car prices really start to |
| They will try to sell it to you for much more money | | | | come down to as little as 15-30% of the price it had |
| than it is actually worth. A few weeks after your | | | | when it was still new. |
| purchase, you will start to discover there are things | | | | When buying a used car, first find out what the car |
| wrong with your vehicle. There's nothing so annoying | | | | cost when it was new. The price that is asked for it |
| as paying good money for a car, only to find out the | | | | once it's an 'old car' (5 years or up), should not exceed |
| thing is a lemon. A few weeks after your purchase, | | | | said 15-30% of the original value. An old car that's in |
| the old owner will certainly not give you a refund for | | | | bad shape should be on the 15% end of the spectrum. |
| your car. | | | | A well maintained car that's in good shape should be |
| Buy even for a good second hand vehicle, you surely | | | | on the 30% end of the spectrum. Preferably a little |
| do not want to pay too much. So keep reading to | | | | lower even. If the owner of the car asks more for it, it |
| learn a thing or two about second hand automobiles | | | | is time for you to move on to the next used car on |
| and their pricing. | | | | your list. Also be sure to make comparisons. If you find |
| Used Car Prices - A Closer Look | | | | a car you like, note the price tag. Then, find other used |
| A new car will cost you anywhere from $10,000 to | | | | cars of the same brand and with similar ages. Check |
| $30,000, depending on how big and luxurious the car is. | | | | their price tags as well and use all that information to |
| When a car comes rolling out of the showroom, it | | | | figure out if the price is right. |
| immediately loses a big portion of its value. We're | | | | Research, common sense and patience will get you a |
| talking 35% to 50% here. This is why few people will | | | | long way when it comes to paying the right price for a |
| ever sell their used car when it's still relatively new: | | | | used car. |