Low prices on a used car seem to be very popular now-a-days due to the financial crises and the economic conditions it has created.Since the crack in the market this autumn 2008, we have observed an increase in the number of people searching for cheap used cars, even as low as $500. What happens is, people simply lack money because of unemployment, lower wages or whatever reason but most of them have debt that has to be paid down. Thus they are forced to get money fast and if they have a car, they sell it cheap to get the money as fast as possible.

And other cash strapped people buy it very cheap. It goes without saying that vehicles at a price like this are not typically this year’s models but cars that you can be pretty sure are functioning properly.

Now I’m gonna show you three sources where you can get good cars dirt cheap.

Government Car Auctions

Government car auctions are probably the best places to look right now if you want cheap used cars. Although you might not see it the first time you enter an auction, you can be pretty sure it won’t take long time before you find a decent car for an amazingly low price.

Car Auction Web Sites

Auction web sites are very easy and convenient to access and you can find the lowest prices on a used car from your home. The most famous and biggest auction site on the net is eBay but there are also numerous of sites that have specialized in auctioning various items, for example car auction sites. The top auto auction sites are updated continuously with the newest offers.

Go to eBay and type ‘cars’ plus the amount you want to spend - let’s say $600 or less - in the eBay search bar and you will get a list of vehicles according to the specification in your search query. You can go to another auction site by entering ‘cars’ plus for example ‘for less than $600′ in a search engine.

Classified Ads

Another great source of cheap used cars to go to are classifieds such as Craigslist, Penny Saver and similar. A smart place to start is online where you can browse any classified site for free. when you see a cheap used car you are interested in make an offer to the owner and wait for reply. You have to be very careful especially when you buy vehicles so dirt cheap online since the seller in many cases will try to cheat you by removing certain parts from it, selling these separately to get even more cash.

If you want to protect yourself against the aftermaths of such fraud you should make a sales contract with all the appropriate terms signed by you and the seller. If you let a mechanic inspect the vehicle you are even safer, but for a car that cost less than 500 bucks, you cannot expect the world.

Be aware that the same rules apply whether you buy your vehicle at the lowest prices on a used car online or offline. So get a bill of sale printable form that both you and the seller sign.

If you enjoyed this post, make sure you subscribe to my RSS feed!