 STEP 4: Get Used Car Values
Whether you are looking for a used car or trading-in (or selling) your old car, you can only negotiate when you know the value of the car to the dealer and to a buyer.
Most people buy a used car without having any idea as to its actual value and end up spending thousands more than they should have. Most people trade-in a used car without having any idea as to its actual value and end up losing thousands more than they should have.
For example, a car's trade-in value is $17,500, its private-party value is $19,500 and its retail value is $22,000.
Do you want to pay $22,000 to buy it ... when you could have bought it for $19,500 or less?
Do you want to trade it in for $17,500 ...when you could have sold it for $19,500 or more?
CarThority.com provides links to the most reputable and respected used car pricing resources in the industry. You simply enter the year, model, mileage, condition (excellent, good, fair, poor) and optional equipment.
Their responses are instantaneous. If you are buying a used car, you can check on several cars in just a few minutes.
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