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Buying or sell your vehicle at Auto Traders zone Now!

How to bargain for a good price? -- Learn how to bargain for the car you like.

What is a good deal for a used vehicle?

What is a good deal for a used car?

First of all I decide what I am after. By this I usually try to avoid a picking a particular make or model of used car. Instead I prefer to look for a style of vehicle. For instance my last purchase, I was looking for a small sedan, one in good to great condition, it had to have 4 cylinders (for fuel economies sake) and have a manual transmission. I also wanted a car that was less than 4 years old.

If the car is being bid on only by used car dealers, the chances are good that you will be able to snap up the vehicle at a price at (or very close to) the wholesale price. Car dealers of course want to be able to on sell there purchases at a fair price so they too will only bid up to what they consider a realistic price. The dealers are easy to spot because of the volume of cars they buy.  

Too many people who make the effort to go to an auction looking for a car make the mistake of choosing only one car, one particular vehicle, and that’s bad. This means they may get into a bidding war with someone else interested in the very same car and as a result will pay way too much for their used car and be disappointed, or get the car they wanted and pay too much.

The auction I attended on this day, I had been through the auction catalogue online and determined there were about 6 cars that matched my criteria. I bid on the first three cars without making a purchase, they all sold above my price limit, and once I reach that limit I stop cold (that’s my second rule, set a maximum price and stick to it). As the forth car came up for auction I noticed there was far fewer people bidding, I usually wait before I bother to bid to have a look at who else is interested.