At Klipnik, we believe that buying a used car is one of the smartest — and easiest — ways to save money. It protects you from the #1 car ownership expense: depreciation. The trade off is that, in most cases, your used car purchase is no longer covered by a factory warranty. And that means you are stuck paying any repair bills out of your own pocket.
That may sound scary. But it doesn’t have to be. All you need is a knowledgeable mechanic that you can trust.
In this installment of “What It’s Like to Own,” we sit down with Edmunds staffer Josh Sadlier to talk about the highs and lows of owning one of Toyota’s legendary off-roaders, the 100 Series Land Cruiser.
Selling a used car can be stressful. But it doesn’t have to be. Used cars are more popular than ever. Americans bought about 40,000,000 used vehicles last year, and according to the Wall Street Journal used cars values are on the rise.
This increased demand has also expanded the options when it’s time to sell your car. Used cars are big business, and the industry has responded with a new batch of online used car superstores like Carvana and Vroom.
But what’s the best way to sell a used car? What steps should you take to minimize your time investment and maximize your selling price?
Here we’ll discuss the pros and cons of a few popular options: trading the car in, selling it to a used car dealer like Carmax, selling it privately through a site like craigslist, as well as donating the car to charity. We’ll explain how each works as well as how to set a price for your vehicle.