Quick Answer: How Much Should A Reliable Used Car Cost

How do I find out what a dealer paid for a used car?

With a new car you can find out what the dealer paid by looking up the invoice price for that model on websites such as Kelley Blue Book and Edmunds.com.

But with a used car, you typically have little idea of the wholesale price of that model as it changed hands at auctions..

What is the best used car to buy with high mileage?

The Toyota Corolla is one of the best-selling cars of all time, and a key reason for its success is its durability. The 2016 Corolla is an excellent choice as a high-mileage used car because it sits in the middle of a very well-regarded Corolla generation.

What are the slowest months for car sales?

January and February are the slowest months for car sales, since consumer spending usually drops off after the Christmas holidays.

What is the best search engine for used cars?

Top 10 Used Car WebsitesAutotrader.com. Because AutoTrader has been around since before the internet, its longstanding reputation has built up decades of trust. … Edmunds.com. … EnterpriseCarSales.com. … Autotempest.com. … Kbb.com (Kelley Blue Book site) … CarGurus.com. … Hemmings.com. … Carsdirect.com.More items…•

What cars last the longest?

See the full list of the longest-lasting car brands below:Toyota. Toyota Land Cruiser. Hollis Johnson/Business Insider.Honda. Honda Accord. … GMC. GMC Sierra Denali. … Chevrolet. Chevy Silverado. … Ford. Ford Mustang. … Lincoln. Lincoln Navigator. … Subaru. Subaru Crosstrek Limited. … Jeep. Jeep Wrangler Unlimited. … More items…•

What are the worst used cars?

The Worst Used Cars You Can Buy, According to Consumer Reports2011 BMW 3 Series.2008 Mazda 5.2010 Dodge Challenger.2016 Toyota Tacoma.2009 Mini Cooper Clubman.2008 Ford F-350.2013 Tesla Model S.2016 Porsche Cayenne. See the Full List. Author: Mike Newman. More:Cars. PARTNER.More items…

What can you do if you get scammed by a car dealership?

Contact your dealer- tell him/her that you consider him guilty of your car issues and suspect him/her of a car dealer fraud. Provide the dealer with an opportunity to fix the problem. It may happen that the problem was really unknown to the dealer and he/she may be willing to correct the problem.

Should I buy used car from dealer?

Buying from a dealer is the easiest and safest but generally is the most expensive. Dealers have to cover expenses such as rent and wages, always detail their cars so they present well, and by law they have to provide a warranty with every sale — and that extra cost is usually passed on to the buyer.

What is the best second hand car to buy?

Used Car Awards 2020: the winnersCategoryWinnerBest used family car 2020Vauxhall Insignia Grand SportBest used small SUV 2020Citroen C3 AircrossBest used mid-size SUV 2020Renault KadjarBest used large SUV 2020Kia Sorento15 more rows

What percentage of asking price should I offer on a used car?

Based on your pricing homework, you should have a good idea of how much you’re willing to pay. Begin by making an offer that is realistic but 15 to 25 percent lower than this figure. Name your offer and wait until the person you’re negotiating with responds.

How many miles is too many for a used car?

How many miles are too many? Really, it depends on a lot of factors but, if in doubt, shoot for the 12,000-mile/year average. Even so, don’t be afraid of cars that are outside of this range, provided the used car in question has been well maintained and there are records to show that.

Is it better to buy private or dealer?

For most car shoppers, the choice boils down to dealer vs. private seller. Buying a used car from a dealer means you’ll get a wider selection, better financing options, and all-around peace of mind while buying a used car from a private seller can be riskier.

What is a good price for a used car?

Edmunds reports that the average price for a used car bought in 2018 was $20,084, which was a record in the industry. That’s a 3.5-percent increase year over year since 2005.

What is the cheapest most reliable used car?

That being said, here are 8 of the best cars you are likely to find for under $5,000, according to industry experts:Toyota Camry, 2002-2006.Toyota Sienna, 2004 to 2010.Ford Focus, 2008 to 2011.Honda Civic, 2006 to 2010.Subaru Outback, 2005 to 2009.Acura TL, 2003 or earlier.

What used cars NOT to buy?

30 Used Cars Consumer Reports Gave the ‘Never Buy’ LabelChrysler Town & Country. Chrysler’s new minivan will hopefully rate better than Town & Country. … BMW X5. 2012 BMW X5 | BMW. … Ford Fiesta. Compact cars by Ford had a bad run between 2011 and 2014 | Ford. … Ram 1500. 2015 Ram 1500 | Ram. … Volkswagen Jetta. VW Jetta | Volkswagen. … Cadillac Escalade. … Audi Q7. … Fiat 500.More items…•

Where is the best place to buy a used car?

Where’s the Best Place to Buy a Used Car?Certified Pre-Owned at a Dealership. Buying a certified pre-owned (CPO) car is a convenient way to find a used car in excellent condition. … Independent Dealership. An independent dealership isn’t associated with any particular automaker. … Private Party.

Is it a bad time to buy a used car?

Like new cars, it’s good to shop for a used car early in the week and toward the end of the year. However, holiday deals and new car incentives usually don’t apply to used models. The last quarter of the year is peak buying season for new cars.

What is the best way to pay for a used car?

Buying A Used Car – What Are My Payment Options?Cash and savings. It’s the best way to buy a used car if you can, simply because you won’t be paying any interest over time – and you’ll also take ownership of the vehicle there and then. … Loans. Taking out a loan to cover the cost of buying a used car is one option if you can’t afford it outright. … Credit card. … Car finance.

How much will a dealership come down on price on a used car?

According to iSeeCars.com, used car dealers cut the price on the average vehicle between one and six times over that 31.5 day listing period. The first price drop is significant — the firm says that the price drops, on average, by 5% the first time the dealer rips the old sticker off the car and pops a new on.

What’s the best month to buy a used car?

Best time to buy a used carAvoid buying used convertibles in the spring or summer – wait until winter, when demand is much lower.March and September are the peak months for sales of new cars, often through part-exchange deals.More items…

What is the most reliable used car for under $3000?

1. Honda Accord. There are more used Honda Accords being driven than any other used car. Sure, 2.3 percent – the percent of Accords comprising the used car market – may not sound like a lot.