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Are Cheap Cars Online a Viable Option for Me?

Date: 10/21/2015 |Category: Buyer Tips, Car Auctions

If you balk at the idea of spending a fortune on your next car purchase, you might want to consider some of the options that are available through the web. Cheap cars online are readily available as long as you know how to look and can separate the good from the bad. The following are some of the best ways to look for affordable vehicles on the web.

Local Dealer Sites

While you might not be keen on buying from a dealer, it is still an option worth researching online. It will give you an opportunity to look at the stock the dealership has available right now, and you can see the prices they are asking for the vehicles.

Keep in mind that these prices are not always set in stone. You can always negotiate, even online. Contact the company, let them know about the car that interests you and get as much information on it as possible. You could even start negotiating at that point, but they will likely want you to come to the dealership to see the vehicle in person and to drive it. Still, it is a good way to get started searching for cheap cars online.

Private Sellers

In addition to the vehicles that are available through dealerships, you will often find private sellers who have cars that they want to get rid of for one reason or another. They often advertise on sites such as Craigslist, and you can usually see some photos of the vehicle, as well as get some basic information. They do not usually provide the same amount of detail that you would find at a dealership, though, and they may not tell you about some of the vehicle’s faults.

Try to get a history of the car through a site such as Carfax.com before you buy one of these vehicles. One of the drawbacks to trying to find cheap cars online from private sellers though is that your selection will be seriously limited. You have to be extremely lucky to find what you want.

Also, you will never want to send any money to the person before you are sure you are getting the vehicle. You will want to see the cars from private sellers in person, drive them, and get them checked out by a mechanic before you make your decision.

Online Auctions

One of the best ways to find cheap cars online is through auctions. There are many online auctions available, and you can find quite a few different varieties of vehicles. Auctions will sometimes have new and nearly new vehicles, as well as used and salvage vehicles available. This means that the prices the vehicles sell for at auction will vary widely, and you need to know exactly what you want to get and can afford before you get too excited about bidding.

Something else you might want to try is to work with a dealer that can give you access to dealer only auctions. These tend to have high-quality vehicles, some of which you might be able to get at the wholesale price. The dealer will have a website that you can browse through showing all of the vehicles that will be on the auction block. Just as with the other methods of finding and buying cheap cars online, you need to make sure you research the vehicles you buy through auction so you know what you are getting.

As we mentioned, some of the vehicles will have salvage titles. As long as they aren’t a “parts only” title, then you can rebuild them, get a rebuilt title, and get back on the road. Always make sure you know exactly what you are getting, though, as there is no changing your mind after you’ve purchased a vehicle at the auction.

Tips for Buying Cheap Cars Online

One of the best tips for buying cheap cars online is to know your budget and stick to it. This is true whether you are buying from a dealer, private seller, or through an auction. You can negotiate with dealers on the car lot, as well as private sellers. You can’t negotiate at an auction, but you can control how much you are willing to bid on the different vehicles.

Once again, make sure you put in the time to research the vehicle so you know it’s something that you really want, and you know how much time and effort you may need to put in so you can get the car into drivable condition.

Using these methods, it is possible to find some great cheap cars online. Just make sure you are buying with your head and not your heart, so you will be happy with your decision.

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