The answer to "whose prices are right" is that none of the big three web sites reflect used car prices accurately. Most often, the prices are too high on the retail side, questionable on the trade-in side, and confusing on the private side
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So what or who is the real authority? The answer is the Market! The market (i.e., the folks grinding it out everyday in the used car market place - sellers and buyers) reflect true market value. Web sites are guides only. Thus the used car prices from these sources need to be measured against the reality of the market.
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I'm going to take a closer look at three sources where you are most likely to find the lowest used car prices. You have to do a little legwork upfront, but compared to what you'll save by following this strategy, it is well worth it. The best sources are your local newspaper's classified ad section, quality car buying gudes and car auctions.
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There are many sources for buying used cars: directly from the owner, from dealers, from used car superstores, or from auctions. Prices also vary depending on this factor. Car prices depend upon the distance the car has traveled and other factors such as the condition of the car, place of purchase, the model, the make, and the year of manufacture.
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Blue Book used car prices are set by considering several factors such as the car's mileage, its condition, the equipment in the car, the geographic area where the car was driven, and other options on the car. The Blue Book also gives other services such as a payment calculator, ability to compare the cars, free CARFAX record check, free extended warranty quote, as well as financing and insurance advice. Used car Blue Book prices can also be accessed online via the Internet at some sites such as the Kelly Blue Book. These sites contain several options to view and select used cars, as well as apply for any of the other services.
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Cars are a big investment. Since buying a car is relatively a long-term investment, many people want to make an informed decision about the latest prices of all models of cars before deciding on any one. Car prices are likely to change quite often, depending on the market conditions, introduction of newer models, competition, demand, and many other factors. It is thus important to know the most up-to-date prices of cars.
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Car prices depend greatly on the model of the car, the make, the year of manufacture, the brand, etc. Cars may be classified by the price range (economy, mid-range, premium, luxury, exotic); by manufacturer (Audi, BMW, Buick, Cadillac, Chevrolet, Daewoo, Ford, Honda, GMC, Hyundai, Homer, Infiniti, Jaguar, Jeep, Kia, Land Rover, Lexus, Lincoln, Mazda, Mercedes Benz, Mercury, Mini, Mitsubishi, Nissan, Plymouth, Pontiac, Porsche, Saab, Saturn, Scion, Subaru, Suzuki, Toyota, Volkswagen, or Volvo); by market segment (crossover, diesel, hybrid, performance, high-performance); or by body styles (SUVs, sedans, coupes, convertibles, wagons, vans, or trucks).
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The final price of the car includes other costs like taxes, title, registration, emission fees, and other regional fees applicable in the particular state. While visiting a dealer, check for pricing options like invoice and MSRP pricing, AAA reviews, specs and standard features, AAA ownership costs, and others. There are many offers on car prices these days, such as leasing, cash back, loan financing, loan refinancing, low-interest financing and others. Some of these incentives are provided by the manufacturer to the dealers, who pass them on to the customers. There are also direct manufacturer-to-customer programs such as cash rebates.
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There are many popular car dealers who provide comprehensive information about the latest car prices, incentives, rebates, options, ratings, and even money-saving tips. They also have online twenty-four-hour help lines that provide information as and when required. This saves a lot of time researching and getting the best car price. You can also obtain a free price quote by filling out a simple online form. They also help in getting a good credit rating so that the customer is eligible for loans. Even people with poor or no credit are offered financing. Most suppliers also deal with used cars. The blue book is a very reliable and most-used source for car prices. The Internet is a good source for knowing the latest car prices and also for locating a good dealer in your area.
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New cars are usually bought through the dealers who make some changes to the price, like giving certain discounts or adding some taxes over the manufacturer's price. Sometimes, manufacturers give certain discounts to the dealers, which are passed on to the customers. The price quote can be obtained from a dealer by specifying the year, make, and model of the car. Prices may vary in each state. New car prices can also be explored over the Internet, where most dealers have websites along with pictures of the cars and even attractive deals and finance options. Price quotes can also be obtained by filling in some information with the simple click of a button. These websites are a great way to compare deals and prices of new cars.
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Purchasing a used car is a good option for people who have limited budgets and do not want to spend a huge amount buying a new car. However, before buying a used car, it is essential to carefully evaluate pricing trends to make sure that you are paying the right price for what you are buying. There is a market for used cars in Canada and many people in the country look for information about Canadian used car prices.
Some car models that are in great demand on the Canadian markets may cost more. Seasonal and geographic factors also affect prices. The best way to get information about Canadian used car prices is by looking at classified advertisements in local dailies and magazines. In Canada, insurance companies and banks tend to use either the Canadian Black Book® or the Canadian Red Book® publications to determine current values of various vehicles. You can also go online to find Canadian used car deals.
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