The minute a new car rolls of the car lot it loes a substantial amount of its value, usually 10-30%. By buying used cars you can save yourself a ton of money.

Once you have decided to buy a used car you have a couple of different options:

1. You could buy from a local used car dealership

If you go the dealership route then you end up paying more for your car because of the additional overhead the dealership is forced to maintain. They have to pay the sleazy car salesmen, make bad TV commercials, and pay rent. Those costs all work there way into the price tag of the cars they sell. You end up paying a premium for the dealership experience, which is nothing special.

2.You could scoure the local classified ads

Classified ads are a much better deal than the dealership because you get to deal with an individual seller. Typically they are trying to sell their car so they can buy a different one but don’t want to trade it in because trade-ins are such a rip-off.

3. You can bid on a car at Used Car Auctions

This is by far the best option because, like classifieds, you get to deal directly with the seller and not worry about overhead but unlike classifieds the buyers set the prices of the used cars by bidding. The end result is some incredible savings. This is how I buy cars and why I setup this site. We have auctions listing in several major cities so be sure to check if we have something in your area.