Kip Tips
Tips for Buying a Used Car
Bargains are harder to come by, but these strategies will help you drive home a deal.
By Cameron Huddleston, Contributing Editor, Kiplinger.com
July 20, 2010
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Most car shoppers in this sluggish economy are in the market for used vehicles, according to data released July 20 by Kelley Blue Book. And more than 60% of used-car shoppers plan to spend less than $15,000 on their next car.
Unfortunately, used-car bargains are a little harder to find because the number of trade-ins has dwindled while the number of used-car buyers has increased in this economy, says Drive Time columnist Jessica Anderson. You still can find deals, though, if you know which types of vehicles have been discounted most and strategies to use to get the best price. The stories below will help.
Bargains in Used Cars: Good deals are harder to find, but our strategies can help you trim the price.
How to Shop for a Used Car: Before rushing down to the dealership, arm yourself with the pricing and safety information you'll need to avoid the lemons.
10 Best Picks in Used Cars: We identify great buys in this slide show.
Beware of Phony Online Car Dealers: Follow these three tips to protect yourself from fraud when buying a car.
Follow me on Twitter. Log on to Twitter at 8 p.m. ET July 21, when I'll be answering questions about saving for college during a #dealchat hosted by Natalie P. McNeal, of TheFrugalista.com. Type #dealchat in the Twitter search field to follow the conversation.
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Reader Comments (1)
Posted by: Bassam at 07/22/2010 05:22:49 PM
10 Best picks with only %20 American cars?...I'm an American Man living IN MICHIGAN!! the MOTOR CITY and you try to show me some asian made cars to buy?...I will buy GM cars forever and guess what I have Pontiac G8 GT and Cadillac SRX and I don't give a dammm what Toyota OR Honda gonna save me on gas ... GOOOO GM...Now I know that some of Honda or Toyota or even the Mazda 6...made by Ford are made in the USA but no doubt that Honda Toyota even Mazda headquarters will make the most profit....that 8 or 7 Japanese best models you showed me are ugly and small, have cheap small tires on the big body (...I can believe that they may save me some money on gas which I don't care cuz I can still get ...around 23 mpg on my 361 bhp G8 GT...