Buying cars that are different from what is currently in fashion, looking at models that were recently redesigned, shopping online and using a vehicle history report service are good ways to get the best possible deal on a used vehicle, suggests Kiplinger. Also consider looking at market trends, such as recent prices for various vehicle types, to determine the kind of vehicles to target.
Since gas prices are often on consumers' minds, small, fuel-efficient vehicles tend to be more expensive than larger, less fuel-efficient vehicles. For those who prefer extra space for passengers and cargo over a high miles-per-gallon rating, buying a bigger vehicle can come with some substantial savings. When a model is redesigned, the used versions from the past few years tend to depreciate sharply; especially the less the new model resembles the old one.
Certain brands with recent high-profile recalls, such as Toyota, are sometimes heavily discounted. Potential buyers should ensure the recall-related issues have been resolved, though, before taking advantage of the savings. Shopping online is a good way to find the best deals, as it allows buyers to quickly browse many cars over a wide area, advises Kiplinger. To make sure that what seems like a good deal truly is a good deal, utilize a vehicle history report service to determine if the vehicle has been in any accidents or other disasters.