Cheap cars, be they new or used can be found in numerous ways. Listed below are 10 ways to find them. Use this list to help find a bargain:

1.    Car Auctions

Government car auctions are auctions of surplus and seized vehicles conducted by the states, the local police and also federal government institutions. The cars auctioned this way are confiscated vehicles mainly from law-breakers. At these auctions you can find a real bargain on almost new cars, luxury models as well as ordinary cars in excellent condition.

Believe it or not every day people abandon their cars at the most unbelievable locations and never pick them up again. An industry has been built upon picking up abandoned vehicles. After searching for the owners and not being successful in finding them, the cars are auctioned.

Last but not least we have repossessed car auctions. These are cars that Banks or Credit Companies repossess from customers who stop paying, for whatever reasons on their loans, and are sold at auctions to recover the remaining balance of the loans.

Auctions are probably the best sources for cheap new and used cars.

Check out this video:

For more information on cheap car auctions, Click Here

2.    Car Leasing

Both new and used cars can be leased. For many people this is an excellent option for a cheap car no matter which make and model they prefer. This is particularly targeted to people who want to get low monthly car payments, due to the fact that leasing a new car can be from 30 percent to 60 percent less expensive than buying the same vehicle with loan financing. Leasing a used car is even less expensive than leasing a new one.

Click Here for more information on leasing cars.

3.    Leasing Takeover

Another great source for finding a cheap car is leasing takeover. This option occurs when the seller wants to get out of the leasing contract for example because he or she is in short of cash or for whatever reason. Most sellers are in urgent need for money and you can lease a car for a ridiculously low cost with this option.

Also for leasing takeover, there has been established an industry. There are companies that specialize in car leasing takeover, both off-line and online, like for example Swapalease .com – which is one of the best online companies. Another great thing with leasing takeover is that most vehicles offered are new ones.

Click Here for more information about leasing takeover

4.    Get  a Car For Free

Yes, you read correctly. There are free car programs offered by advertising companies all over the country, especially in large cities. They use a marketing method called, “vehicle wrap” that makes it possible. Be aware that it’s hard to qualify for this but a free car is the cheapest Car you can get, so don’t give up if you are not approved immediately.

Click Here for more information on free cars

6. Get Paid To Drive

There are also several companies out there that pay people to drive a car with their logo on it. What this means, is you can virtually get a car for free. Get-Paid-to-Drive Programs are not very different from the already described get-a-free-car program. The only difference is that you must drive your car with advertising displayed on it. The money paid to you is for the advertising you are doing for the company and it can help you pay your vehicle expenses like your car loan, gas, insurance and maintenance, which means you’ve got a very cheap or even free car. Like free-car programs, it’s hard to qualify for get-paid-to- drive programs.

For more information on get-paid-to-drive programs, Click Here

7. Damaged Cars

Each month salvage vehicles, wrecked cars or flood damaged cars are sold at auctions all over the country, which forms another great source for cheap cars. For these cars however, repairs will have to be done in most cases, which means you will need auto parts and mechanics, if you are not able to fix the car yourself. You can get wrecked or totally damaged cars for almost nothing, and an added incentive is that many of them have only minor damages. If you have repair skills you can restore a car to excellent running condition for virtually nothing.

Purchasing auto parts online is a simple yet cost-efficient way of trading. You only have to click on the car part you want and after a couple of days you have it delivered at your door and you spare yourself from the frustration of driving from store to store without finding the part you are looking for. The prices online are often lower than in an auto parts store.

Click Here for more information on buying car parts and accessories online.

If you are a do-it-yourself kind of person or know someone with car repair skills, you can go online and with a click of the mouse you have access to step by step repair manuals for any make and model for a decent price.  Check out this video:

For more information about car repair manuals, Click Here

If you’re planning to purchase vehicles like these, you need sufficient skills to know what you are buying and if you don’t have this knowledge, I recommend that you let an automotive skilled person inspect the vehicle before you buy it.

8. Rental Car Sales

Vehicle rental companies such as Budget, Enterprise and Avis, for example are selling rental cars regularly. This can be a great option since the prices in many cases are lower than at a used car dealership. You can contact car rental companies for further information.

9. Classified Ads and Other Ad Media

You can of course buy your car from an individual found in a local newspaper’s classifieds or online on web sites such like Craigslist, AutoTrader or even eBay. Be aware that when car owners are selling directly, one of the reasons might be that their cars have some issues that they are not disclosing. Always use a skilled person to inspect the car before you buy it.

If you’re contemplating on buying a vehicle advertised on ebay, Craigslist or such, I highly recommend that you approach this with caution, especially if the advertisement of a decent car is at a price that appears to be unreasonably low. In the worst case scenario, you will end up paying for a vehicle that you’ll never see.

10. New and Used Car Dealerships

Today there are new and used car dealerships sprouting up almost everywhere you turn. Dealerships specializing in used cars, some of them even offering car financing. National used car dealerships such as Carmax Superstore and others. If a car dealership is an option for you, a natural place to start looking for a new or used car would be at your local dealer.

Be aware though, that not all dealerships offer decent prices. Another issue is if the vehicle has any problems that haven’t been uncovered either because the dealer isn’t aware of it (but he should) or that they are trying to cheat you. Therefore it is important that the seller offers a warranty or has a fair return policy. This should be contracted and signed before the purchase takes place. The price of a used car offer should always be compared with the car value as it appears in car value lists, such as Kelly’s Bluebook and similar listings.

Also be aware that when the car dealership offers car financing, the interest rates are higher than the market price. Online car financing in most cases is the cheapest way to finance your car purchase.  For more information about online car financing, Click Here

If you have bad credit, there are many companies that can still finance your vehicle purchase but be prepared for higher interest rates and stricter terms.

If you go for a new car purchase there are loads of huge rebates and similar incentives offered by manufacturers from all over the country. Utilizing these form another great source of cheap cars.

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As mentioned before, no matter where you purchase your car you should get it inspected by someone qualified. If you don’t have the necessary skills yourself or know someone who has, you can contact your local vehicle inspection service and set up an appointment for proper inspection for a minor amount. A CARFAX Vehicle History Report is another safety element you should seriously consider.  It’s not fun to buy a damaged car that is more damaged than advertised.
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3 Comments »

  1. Hi dear
    Iam from Saudi Arabia and am looking to buy used cars from usa car acuton or online and shipment to my country.can you provide this .pls send your reply
    thanks
    fahad alahmadi
    saudi arabia

    Comment by fahad — March 2, 2009 @ 6:47 pm

  2. Ha, I don’t agree with it all but nice none-the-less

    Comment by car insurers — April 8, 2009 @ 3:55 pm

  3. hello my name is lindy kraft im 37 yrs. a single mom raising my 5 yr. old son i used most of my tax refund last yr. to buy a 2000 kia sephia which i thought would last longer but it has a transmission trying to go out on me i only work about 12 hrs. a week at subway so i dont have alot of extra money im looking for a good cheap reliable car if you know of anyway that might be able to help me out please send me a email or call me at (913)731-3358 im in kansas

    Comment by lindy kraft — January 11, 2010 @ 11:30 am

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