Cars For Sale In California By Owner

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Pandemic-related supply chain problems have driven up used car prices dramatically in recent years. According to CarGurus.com car listings, average used car prices have increased 44% since 2019.

Cars For Sale In California By Owner

Among used cars at the lower end of the price scale, the impact of supply chain issues is even greater.

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“It’s hard to find a good one now, and the prices are too high,” says Mark Scruggs, an independent dealer in Phoenix who buys 10 to 15 cars a week. “I see a junk car at auction with 150,000 miles on it for three grams. After the seller restores the car, it will sell for $5,000 or more.

Every extra $1,000 in your budget will allow you to purchase a new car with fewer miles.

Fong Lee, CEO of used car website iSeeCars, says buying will be easier if you take the time to research each car online before physically inspecting it.

For example, a search filter on iSeeCars can sort results not only by make and model, but also by the age of the listing or the most recent price drop on the car. Other car buying apps and websites allow you to filter cars from thrift stores or online-only retailers.

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On a tight budget, you’re looking for cars that are at least 10 years old and have at least 100,000 miles on them. While that may seem like a lot of miles, Scruggs says that in the past, if “a car went 100,000 miles, it was done. Now, you don’t change spark plugs until 100,000 miles.

Even with a car of this age and wear and tear, you will be the ultimate owner. A car’s resale value is less important than its history. With that in mind, try these filters on your favorite car-buying app:

Your goal is the lowest mileage, single owner, accident free car you can afford. Even better if it has a vehicle history report showing maintenance records.

Convertibles may not be stylish, efficient or elegant, and they may not be the type of car you want – but someone drives them and sees no reason to give them up.

How To Buy A Used Car Online

You can find what you want locally by carefully filtering the dealer’s used car listings searches. Vehicle history reports, such as Carfax reports, are increasingly being included on dealer websites as well as car buying programs.

Craigslist and Facebook Marketing are solid options for finding cheap, local cars – but they’re also exempt from many of the laws and protections that govern dealer sales. The listing is unlikely to include, for example, a vehicle history report or even provide a 17-digit Vehicle Identification Number or VIN. If you have been cheated, there is no way out.

In addition, cars sold by private individuals are not inspected or repaired. The dealer can put new (but cheaper) tires on the old car. Cannot be private party sellers. If you plan to buy privately, budget $100-$200 for the inspection.

Mark Holtoff, editor of Klipnik.com, a community website for used car enthusiasts, says that if you look for a car with minor cosmetic blemishes, such as dark paint, that lowers the price but doesn’t affect mechanical performance, your money will go further. . .

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However, Scruggs warns that the “Toyota or Honda tax” — a premium placed on top Japanese brands based on their popularity — reduces the value proposition when buying a cheap car.

Be open to other cheap Japanese brands like Mazda, Nissan or Mitsubishi, or even an American car. Scruggs says his auction experience has shown him that the same money can buy an American car five years new with fewer miles than a comparable Honda or Toyota.

More important than who owns a car ten years from now. Property records can tell you a lot, but so can a personal inspection. “If there are hamburger patties all over the house, they probably aren’t changing the oil,” says Scruggs.

About the Author: Cara Smith joined in 2021 after eight years reporting on business and real estate in Houston and Chicago. read more

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