| When you consider depreciation factor | | | | model years with high miles, its buyers |
| buying a brand new vehicle could be as | | | | beware and having learned the steps in |
| high as 30% the first year from what you | | | | the buying process that will steer you |
| paid out the door, buying a use vehicle | | | | away from lemons, there will be many |
| becomes an attractive option subject to | | | | good buys but also a fair amount that is |
| buyer having done proper homework | | | | not. |
| getting valid value and not ending up | | | | Here are some answers as to how these |
| with a lemon parked in the driveway. | | | | lower end cars end up on at non |
| A well maintained 1 to 4 year old used | | | | franchise car lot...a franchise dealer |
| car kept for a few years will give you | | | | will wholesale or take to auction any |
| just as good service as a new car for | | | | trade-in vehicle that don't meet their |
| about half the price, anything older | | | | strict recondition program and smaller |
| generally requires more costly | | | | type car lots will bid on these |
| maintenance. | | | | inexpensive vehicles |
| Used cars from about $ 25,000 and less | | | | Buying Private |
| depreciate about $ 2500. a year while | | | | Buying private is buying AS IS and you |
| cars higher in value will have a much | | | | must take vehicle for an independent |
| higher depreciation factor. | | | | inspection, if seller wont allow prior |
| If your considering financing a good | | | | to purchase you walk away, buying |
| rule of thumb, if you make a down | | | | private there is no recourse, many |
| payment around 20% on a used car, in | | | | consumers make the mistake having |
| most cases that will cover depreciation | | | | purchased AS IS only to find cost of |
| factor the first year, should you want | | | | recondition added to purchase price made |
| to trade you most likely will not be in | | | | it a bad deal... |
| a negative situation. | | | | Buying from Public Auction |
| Franchise Dealerships | | | | Unless you really know what your doing |
| Consider yourself lucky if you happen to | | | | be cautious many of these vehicles will |
| be at a dealership at the time a trade | | | | be entered by Curbside rs and |
| has just arrived that meets their | | | | wholesalers not licensed to sell public. |
| requirements and available for under | | | | Here you will find many inexpensive |
| $10.000. a franchise dealer will not | | | | vehicles, i strongly recommend buyers |
| purchase cars for re-sale under $ | | | | stay away from public auctions unless |
| 10.000. their main concern is having a | | | | they really have the experience, the law |
| high profile in the community, customer | | | | of average is not with you. |
| satisfaction, repeat business and a | | | | YES |
| warranty available with every car. | | | | All dealers buy from an Auction but not |
| Non Franchise Dealerships | | | | the same as a public Auction...these two |
| There will be great selections under the | | | | type auctions are about as far apart as |
| $10.000 range at non franchise dealers, | | | | heaven and hell. Some public Auction |
| small corner lots, buy here pay here | | | | advertisements says NO DEALERS |
| type dealers, it becomes more risky as | | | | ALLOWED... that statement alone should |
| your most likely dealing with older | | | | make buyers stay away.. |