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Why a Lower Priced Used Car Doesn't Always Equal a Better Deal


Why a Lower Priced Used Car Doesn't Always Equal a Better Deal

No two used cars are exactly the same. Their accident, maintenance and origination histories, among other factors, create uniqueness.

Why are used cars just as expensive as new cars? How is ... - Reddit

The used car is in fact not selling for equal or more than the new vehicle, it's less. The disconnect is assuming MSRP = sale price. It does not ...

Why don't car buyers just buy the cheaper car at a different ... - Quora

Because they want to get the best deal so its natural that they will try and see if you will lower your price to match or beat the price ...

Why Used Car Wholesale Prices Going Up Is Bad For Dealers But ...

Prices for used cars shot up dramatically during the pandemic as new car supply was limited. You can read more about this effect in my ...

Why Buying A Low Mileage Used Car Is The Worst Of Both Worlds

Why did we buy such old cars? New cars depreciate at an astronomical rate and when you buy one, you bear the burden for all of this depreciation ...

New car vs used: how to compare value? - Money StackExchange

Generally speaking, when a person is shopping around for used cars he assumes that there are some good cars and some 'lemons', thus he ...

How to Negotiate Car Prices - Edmunds

The best way to negotiate a car's price is to obtain multiple offers from dealerships and use the lowest offer to either improve on the discount or match the ...

Should you buy a new or used car? Here's how to decide - CNBC

Vehicle depreciation is one of the most influential factors affecting a car's long-term value. If you finance a car, a high depreciation rate ...

Is It Better to Buy a New or Used Car? | Navy Federal Credit Union

Consider whether you can trade in your current car, to lower the purchase price of a new or used vehicle. Also, look into getting preapproved ...

Is it Better to Buy a New or Used Car? | Space Coast Credit Union

Fast depreciation: You've probably heard that new vehicles lose value within seconds of driving them off the lot. Unfortunately, this is true — sometimes the ...

Used Car Prices - Kelley Blue Book

Is age or mileage more important when buying a used car? ... Most people think that a low-mileage car is the better deal, even if it's 5-10 years old. But, ...

Why Car Dealerships Refuse To LOWER PRICES (IT'S A ... - YouTube

Why Car Dealerships Refuse To LOWER PRICES (IT'S A HUGE MISTAKE). 109K views · Streamed 8 months ago ...more ...

Used Car Mileage: What's Good & What to Avoid

If you manage to find used cars with low mileage, you might find yourself paying a little more to get behind the wheel. Subsequently, the first car will cost ...

Should I Trade in My Car or Sell it Myself? - The Zebra

You still might not get the best price ... Even after putting in a ton of work, you could end up taking a lower price than you wanted out of sheer ...

Buying a New vs. Used Car: Advantages of Each Option

Financing — Banks offer lower financing rates on new vehicles because the vehicles are inherently worth more and have not already been hit by depreciation. Keep ...

Comparing Auto Loans: New Car Loans vs Used Car Loans - Equifax

The biggest difference between new and used car loans is price. New cars are almost always more expensive than used cars.

How to Get a Good Deal on a Used Car - Investopedia

Cars being sold by private sellers are typically cheaper than those sold by dealers, and it's still possible to negotiate an even lower price with them. You can ...

How to Negotiate a New-Car Price Effectively - Consumer Reports

It sets a target for what others are paying for the vehicle in your area. The invoice price has become far less meaningful and doesn't reflect ...

Buying a Used Car From a Dealer | Consumer Advice

But it can also be a big financial commitment, with some industry reports estimating that the average price of a used car is close to $28,000. The more you know ...

Car leasing vs. buying – What you need to know

Cars can make better lease deals when they retain more of their value – the higher the residual value, the lower your lease payments. Is it ...