Home | List of Articles | Submit an Article | Contact Us

How to buy a used Car at 90% savings off the book value

To buy a used car is a great idea for saving money. Everyone knows that a new car lost 65% of its value in the first 5 years. But the case would be more extreme for a 1 to 2 years old car, it will lost its value 30-40%.
If you don’t mind to drive a used car (I mean a 2 to 5 years old car, it looks pretty new) rather than a new car, you may save much money to pay many other bills. If you want to keep the car not too old, you may resell it after driving for 2 to 3 years and buy another newer one. The value of the car will only drop 15% or less for a 5 years old car. Therefore, your driving cost for 2-3 years would only be 10-15% of the car’s original value.
The price quote above was only the price you buy from an ordinary car dealer. However, you can buy it much cheaper through some special channel.
Have you ever heard that around the country, hundreds of thousands of vehicles get repossessed by various institutions ranging from banks to US Customs, and everyone of those cars is going to be sold at an auction, online or traditional. Usually, before, only car dealers with a special license could benefit from these incredible savings, however, with a membership at some special organization, you can join the ranks of the lucky ones and find bargains that you could only dream of. Almost nothing will be out of your range as a member of this site - you will be able to get a car you always wanted but could not afford to spend so much money on.
By the way, many people may ask why wouldn't everyone buy a car this way, instead of the usual going to the dealer or classified ads routine? The secret is : because this is a very protected source of revenue for the majority of car dealerships and is not advertised to the general public. But, if you are a member you can have access rights to the direct source and buy your vehicle with up to 90% savings off the book value price.
In conclusion, buy a used car through a special organization can help you save up to 90% off the book value. You can keep the car pretty new according to the strategy I suggested. So enjoy a pretty new car with an affordable price.

About the Author

Steve Li is the webmaster of http://cheapcarfinder.yourbestchoices.com

By subscribing to his twice-weekly ezine get a FREE REPORT
“Driving To Savings: Car Tips To Save You Money”,
send a blank email to: mailto:carfinder@yourbestchoices.com

Related Articles:

Great Tips for Car Camping Enjoyment - Camping is one of my favorite activities and my favorite type of camping is car camping. However, there are many other types of camping such as base camping, canoe camping, RV camping, tent trailer camping and back yard camping. Regardless of how you spend your time out of doors or how much time you spend out of doors, there is always more to learn ...

Bread, Milk & Car Insurance - With increased competition between supermarkets to gain market share and improve profitability, the range of products on offer is getting ever diverse. Now, the big three chains, Tesco, Sainsbury’s and Asda have caught on to the fact that their brand name can sell just about anything, including of all things, car insurance. Self Serve Car Washes in the United States - In the 2003 Auto Laundry News Survey it was determined that only 10% of the Coin-op Car Washes had a web site. So if you are doing lots of individual research on car washes that are self serve, do not expect to find a lot of data on the Internet. Owners of coin-op car washes say that only 76% have internet access. The average population is 64% i ...

Jeep Liberty CRD Debuts in the U.S As Diesel Passenger Car in 2005 - Daimler Chrysler is offering two new diesel passenger cars — the Jeep Liberty CRD for 2005 and the Mercedes-Benz E 320 CDI for the U.S. Market. And they’re a hit with customers: The planned yearly output of 3,000 E 320 CDI vehicles for the U.S. was already completely sold out five months after the sales launch, and by the end of the year this fi ...

Do You Make These Car Rental Mistakes? - Word count: 513 Character width: 60 Resource Box: 3 lines inc. url == "Do You Make These Car Rental Mistakes?" - by Neil Stelling B.Sc, MBA - Marketing Manager, ...

Bread, Milk and Car Insurance - With increased competition between supermarkets to gain market share and improve profitability, the range of products on offer is getting ever diverse. Now, the big three chains, Tesco, Sainsbury’s and Asda have caught on to the fact that their brand name can sell just about anything, including of all things,

Mom Can I Have The Car Keys? - Parents find peace of mind with high-tech vehicle tracking system (NC)—It's a question that makes most parents cringe. A teenager's request to use the family vehicle can leave many parents feeling worried and anxious. Familiar doubts inevitably start filling their minds. Will my child obey the rules of the road? Will they speed or drive dange ...

Mobile Car Wash Companies; Trading Tips - If you run a mobile car washing firm we recommend trading for as many products and services as possible. You should trade for both personal and business items. You need to keep in mind that your gross sales will go down as you do this because money will not be taken in for these services you perform. You will however, notice a significant increa ...

For a Complete list of Articles with summaries Click Here