Buying a Used Car
courtesy of Bob, The Auto Answer Man
I teach Consumer Resource Management in a large school district in Kansas City, KS. This class teaches students to be wise consumers. One of the topics I will teaching is how to buy a used car. Besides using Consumer Report, Consumer Digest and the NADA book, are there in more publications that rate the reliability of used cars? I had one student as me where she could get info on cars costing less than $1000. My response was to find a good mechanic and have him/her go with her to take a good look at any car that she wished to purchase. Any more suggestions? I do not want to loose credibility with my students as I am a first-year teacher.
Here in New Jersey, there are several companies that offer "traveling" mechanics that go and check out perspective vehicle purchases right on the lot! The fee ranges between $70 and $150 (depending on what plan you take). The more you pay, the more they tell you and look at. This way, you will get a professional report on what is up with a car. I do not know if this service is available in your area, if not, then there is a business opportunity for you! As far as other information, go to www.edmunds.com. They have online information about cars back to 1987 with all available manufacture options and what the vehicle should trade for. Now, remember that the numbers that you find in Edmunds and NADA and Kelly Blue Book and only guidelines based on national averages. A certain model might not sell well in your region and that would affect price also condition of the vehicle itself. The books and publications offer guiltiness to determine vehicle quality. But the old saying is always true, a car is only worth what someone will pay!
Bob, The Auto Answer Man
Have a car care question? Visit our automotive center and see if we've already answered it or a similar question.
Also in Home
- 5 reasons to consider living in a tiny house
- Homemade cleanser recipes
- Free fireplace logs
- Updating vinyl blinds for less
- When you can't afford housing repairs
- Winterizing your apartment
- Preventing an annual visit from the rooter guy
- Fall care for your fruit trees
- 5 ways your house can make you go broke
- 5 simple and affordable luxuries for your home
- 7 green ways to save money on laundry
- 5 home renovations that can raise your insurance rate -- or lead to discounts
- APR and mortgage rate: What you need to know
- 6 cheap, effective home security solutions
- Find the best mortgage rates in your area
- 3 ways to use a mortgage calculator
- Mortgage calculator: Calculate your payment and more
- Home equity calculator: HELOC vs. line of credit
- Mortgage refinance break-even calculator
- How much money can I borrow for a mortgage?
- Who offers the most home insurance discounts?