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Old 01-08-2013, 10:41 PM
 
3,514 posts, read 4,356,587 times
Reputation: 4586

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Quote:
Originally Posted by jlawrence01 View Post
I do not think that you will find much at a Carmax for under $5k.

I have sold a number of my fleet cars to Carmax over the years. It is a quick way to flip a car.

However, their prices are really steep compared to most of the dealerships and private parties that I have purchased from. My last experience was that the Carmax "no haggle" price was about $2000 more than I paid for a similar vehicle of the same model a week later.
I agree. I was actually referring to the way that they deal with customers. Not as high pressure as other dealerships. The couple of times I have been there, the salesperson was respectful and polite.
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Old 01-09-2013, 02:26 PM
 
244 posts, read 321,976 times
Reputation: 150
when i was going to buy a used car i called 4-5 people that i found on craigslist. They ALL wanted cash, not even cashiers check! ( Price of cars was 13000-20000) I ended up buying from dealership. Paid maybe 3-4 k more but was sure im getting right thing
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Old 01-09-2013, 02:58 PM
 
515 posts, read 1,020,254 times
Reputation: 405
When buying a car off of craigslist, the first thing you should do is google the guy's phone number. If he's got other cars he's trying to flip, chances are it will show up in google. No guarantees that no hits in google mean the guy is legit (just like you can't trust a clean record on any of those carcheck reports services) but if you find something you will save yourself a ton of hassle.
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Old 01-09-2013, 03:05 PM
 
Location: Anthem Highlands--Henderson,NV
112 posts, read 271,298 times
Reputation: 73
Do you happen to know anyone who works on base to check out their "lemon lot"? Sometimes you can find great deals because people need to sell their vehicles due to being stationed overseas or getting deployed.
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Old 01-10-2013, 10:34 AM
 
261 posts, read 353,685 times
Reputation: 137
The reason for the high prices for used cars was Cash for Clunkers.

Quote:
“The program destroyed approximately 750,000 working vehicles,” dealer Mike Smith wrote in an opinion piece for TriCities.com. “They were crushed and sold for scrap metal, primarily to China. This created a severe shortage of affordable, reliable cars for folks like my customers who cannot afford newer, expensive cars. For independent dealers like me, the availability of used cars to resell diminished drastically, while prices skyrocketed.”
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Old 01-10-2013, 11:46 AM
 
Location: ( ͡° ͜ʖ ͡°) (╯°□°)╯︵ ┻━┻ ̡
7,112 posts, read 10,852,083 times
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Quote:
Originally Posted by scociny View Post
Do you happen to know anyone who works on base to check out their "lemon lot"? Sometimes you can find great deals because people need to sell their vehicles due to being stationed overseas or getting deployed.
I just passed the lemon lot yesterday and it looks pretty slim. At least compared to how it used to be. Maybe I will get a list of all the vehicles on the lot to post along with some pics.

All the cars on the lemon lot are on Craigslist or the online base classifieds.




Posted from Nokia 8210
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Old 01-10-2013, 11:48 AM
 
Location: ( ͡° ͜ʖ ͡°) (╯°□°)╯︵ ┻━┻ ̡
7,112 posts, read 10,852,083 times
Reputation: 3866
There are plenty of local car auctions also.


Posted from Nokia 8210
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Old 01-10-2013, 12:52 PM
 
Location: B.C. and Las Vegas
611 posts, read 735,234 times
Reputation: 436
Do the car rental companies sell off their stock after a few years. Up here in Canada places like Budget Car rental have sales as well. The cars may have high mileage but they guarantee the condition of the cars they sell and at least you know the title is safe.
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Old 01-10-2013, 01:18 PM
 
2,421 posts, read 3,558,174 times
Reputation: 3448
Used cars right now are at a premium. Dealers don't sell $5,000 used cars. (Used car lots do) They generally only sell later model cars (up to 3 or possibly 4 yrs. old) The rest go to auctions. You will probably get the best deal if you can hook up with a person who has a dealer license and have them buy you one at the auction. Typical fee for doing this is around $300. They may want more now.

Buying privately is difficult today. No one seems to even try and sell their car anymore privately, or if they do, the third party gets there before you do if it is priced right. Then they jack the price up to re-sell, or they go to used car lots where they sell for high prices and charge 18 to 24% interest to people with bad credit.

Maybe posting an ad on Craigslist for "car wanted" private part only. Tell them you are looking for dependable transportation for your son. State, you don't want any third party dealers calling you.

People who have a car to sell often look on Craigs list to see what other people are asking for similar cars before they post an ad, so you could get lucky.












5
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Old 01-12-2013, 02:16 PM
 
244 posts, read 321,976 times
Reputation: 150
i want to add this also. When i was looking for the car i found a LOT of good deals on craigslist. After call them (dealerships) got answer : "yeah, we have that car and many onthers". But after getting there (usually 2-3 hours after call) they were saying " oh no, we dont have that car anymore but i can show you others (usually more expensive or different model". Sometimes poeople at that dealership didnt even know they "had" that particular car in stock which they advertised. Its not difficult to understand that they never had that particular car in stock (with low price they advertised) and they just advertised it to bring you there and sell you anything else
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