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It seems like the demand for low prices on a used car is especially hot right now, a situation explained by economical conditions created by the financial crisis. Since the fall of 2008 when the financial markets crashed, we have seen a significant increase in people who want cars at the price point of $500 or even below.
What often happens today is that people lose their jobs but they still have to pay their debt. If they have a car they need to sell it in a hurry which means very cheap. Of course there are lots of people short in cash that want a dirt cheap car. Don't expect to get this year's model for 500 bucks, but you can be pretty certain you'll get a car that is functioning the way it's supposed to.
Below I have described the three of the best sources for dirt cheap cars.
Government Vehicle Auctions
Government auto auctions are probably the places where you most likely will find dirt cheap cars right now. Even though you may not be able to spot it the very first time you enter a car auction, you can rest assure that you will find a fully functional vehicle for as low as $500 or less pretty fast.
Auto Auction Sites
The simplest and easiest way to get the lowest prices on a used car is probably auto auction websites. It is convenient to buy a car from the comfort of your home. eBay is the biggest and most well known of these sites, however, there are lots of sites that have specialized in various niches such as car auction sites. The top vehicle auction sites are serious and safe; they are updated daily and show you any kind of car auctions all over the country, both auctions you have to attend physically as well as auctions where you can bid on online.
All you have to do is go to the eBay auction site and enter 'cars' or 'autos' or 'vehicles' and the amount you want to spend and within seconds you'll have a list of cars you can choose from. If you don't want to use eBay you can just type in 'cars' plus the amount, for example 'for under $600' and you will get a list of other sites that can offer you vehicles for that price.
Classifieds
Classifieds like Penny Saver, Craigslist and others are also big sources you can approach if you want very cheap vehicles. Starting with classifieds online is easy, convenient and free. Find the cheap used car you want, make an offer to the owner and wait for him or her to agree. When you buy a very cheap car unseen you must be very careful; in many cases the owner will try to cheat you, for example by removing some parts from the vehicle. The best way to prevent such fraud is by having a car bill of sale printable form signed by the seller and yourself. Also ensure that the appropriate terms of contract have been stipulated in it.
Another often overlooked source in this internet age is our local newspapers. There are normally plenty of cheap used car ads in their classifieds. Like I've already said: get a bill of sale printable form and sign it both you and the seller. The rules are the same everywhere no matter where you purchase with the lowest prices on a used car.
You can probably get a decent deal with used auto dealers but if you are seeking and settling for a real bargain, I urge you to check out Cheap Used Cars before you go.
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