Used Cars For Sale Under 300 Dollars

Is it possible to find used cars for sale under 300 dollars? This is a difficult question to answer because there is a very limited number of vehicles sold at this price range. Even if you were to search for one, you would need sheer determination and luck to find one. Nevertheless, it is not impossible to find one. I know this for a fact because I've been able to find several over the years selling and buying used cars. Keep in mind that these cars will not be in the best of conditions and may need extensive repairs and replacements of different parts. These additional costs might tip the price of the car to around 500 to 800 dollars. Below, are some tips on how you can find used cars for sale under 300 dollars.

Avoid Dealerships at All Cost

When looking for used cars under 300 dollars, you need to avoid any car dealerships. First off, car dealerships will rarely ever have a used car as cheap as 300 dollars. Most of the cars that they sell cost at least a couple thousand dollars. If you're lucky, you might find some decent ones priced slightly under 1000 dollars. In addition, car salesmen are notorious for trying to scam honest and naive customers. It is fairly common for a car salesman to tack on an extra $500 or even $1000 to a used car, effectively bumping up the price over market value. Thus, it is important that you do research before you start going out and looking for used cars.  

Auto Repossession Auctions

Auto repo auctions get their cars from owners who are unable to make their monthly car payments. Due to a recently ailing economy, more and more people are losing their cars to lending institutions such as banks. This is bad news for car owners, but good news for car buyers. There are more selections and choices than ever before! You can find a local auto repo auction by looking through your local newspaper or using Google's search engine. On these sites you can usually filter through the results by price, mileage, model, brand and location. When going to these auctions, it is best to go during bad weather. A lot less people will show up when it is raining outside, which means less bidders (less competition). 

Finding Used Cars Online

Since finding used cars under 300 dollars is so difficult, it is best to put oneself in the mind of the seller. If a seller is offering his used car for less than 300 dollars, he/she knows that they won't make a lot of money off the deal. Thus, they are less likely to spend any money on advertising and will most likely not hire a middleman, who will only take a cut of the sale. Fortunately, a lot of these sellers can be found on sites like eBay. Go and click the auto section and input the price range of 0 to $300. You can also input your zip code and choose the maximum distance away. Since you will be dealing directly with the dealer, you can rest assured that you won't have to pay any extra fees. 

Craigslist is also a great site to buy used cars. I've used the site frequently to buy and sell used vehicles to a great degree of success. From my experience, I can tell you right off the bat that it does take a while to find the right car. Since there are a lot of online scammers these days, it is best to take everything with a grain of salt. If you find a deal that is too good to be true, it probably is. Thus, it only makes it difficult finding decent cars under 300 dollars. Used cars at this price range do not show up often, but every now and then I'll see one and check it out. Never send money over the Internet when using Craigslist. Always meet the seller in broad day light and test out the car. Only hand over the money if you are completely satisfied. 

Tips For Buying Used Cars

When looking for used cars under 300 dollars, always bring along a mechanic who knows the ins and outs of a car. This is extremely important because you want to make sure that the vehicle you pay for can still function when you purchase it and drive it out of the lot. A mechanic will be able to properly inspect the car and tell you what needs to be fixed and replaced, and whether or not it is worth the money. 

If you ever find yourself paying 300 dollars for a car that seems too good to be true, it will most likely be due to the fact that it was stolen. Thieves often steal cars and try to sell them as quickly as possible at extremely low prices. Always do a background check on the used vehicle you intend to purchase so that you can get a good idea of its history and also its accidental records. These are all important information that you should know before purchasing a used car. 

If you follow the guidelines provided in this article, you should be able to find used cars for sale under 300 dollars with a little bit of luck and a lot of perseverance.