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When we talk about used auto dealers, most people think of physical car dealership stores where you can go in and buy a car. In this article I will define this concept to encompass all places - online or offline - where you can buy vehicles, in other words a broad definition.
In this article we will take a look at three sources of used cars or car dealers which are the places where you're most likely to get the best deals. They are
- Public car auctions
- Car brookers
- Vehicles sold by owner
Public Car Auctions
According to many reviewers - me included - this is probably the place where you will get the most bang for your bucks. Here you can really do a bargain which in many cases means far below trade-in value.
Where do these cars come from? From three different sources:
- Bank reposessed cars or bank repo,
- Government seized cars
- Police seized cars
There are many auction sites online and auctions all over the country, and these auctions are not hard to locate at all.
What is the condition of these vehicles? Well, there are
- Cars that need repair
- Cars that has a high mileage
- Low mileage cars
- Late models
- Brand new cars.
The three last categories represent around 20 percent of all auctioned vehicles and increasing due to the financial crises. Expect to get good bargains here in the near future.
Vehicle Brokers
These brokers are used auto dealers that purchase their cars mostly at dealer-only auctions, but since brokers normally have significantly lower costs compared to a traditional used car dealership, the markup they use will be small and the price will be pretty close to the actual trade-in value for the vehicle.
The greatest advantage with using a car broker is simplicity. It takes very little effort for the buyer since the broker does the work.
Cars Sold By Owner
It is a matter of fact that people can't sell their cars at the same prices as dealers therefore they have to settle for less. That's good for the car buyers, especially those who have some negotiation abilities. There are two main sources you can search to find cars for sale by owner;
- Online; Go to AutoTrader.com, Cars.com and similar websites
. Offline; check out your local newspaper classified section.
Because of the financial crises many car owner have to sell their cars as soon as possible and you can take advantage of this fact when you negotiate the price.
No matter which used auto dealers you trade with, always
- get the CarFax or AutoCheck History Report of the car
- have the car mechanically inspected before you purchase.
Don't just settle for Cheap Used Cars go for really good bargains. Don't purchase a vehicle before you have checked out these used auto dealers and other online sources.
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