The used-car market is really tight.
People can’t afford new cars, so they are turning to used cars, and they are in short supply and prices for a low-mileage used car are not a great amount lower than the price of new
I have a 2006 Corolla with 30,000 miles on it.
:-)
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I have a 2004 car with just under 90,000 miles on it. In great shape mechanically and body wise. Bought brand new and have taken good care of it. Get an offer from a dealer at least once a week giving me $1,000 more than blue book if I trade it in on a new car.
Have been offered $3,000 more than blue book from a guy wanting to buy it for his daughter. But it’s not for sale. Can’t afford cost and insurance for a new one and don’t like them either.
I recently bought a 2002 Mazda Tribute with 76k miles on it in almost new like condition. Front seats had just a bit of wear. Paid $4,000 for it and it has everything but leather and a sun roof. I live in the Houston area, and a sun roof might be usable 3-5 days per year.
It had a salvage title, but only because the front bumper needed replacing. Now has a good title and the repairs were made before I bought.
Bought it off craigslist and had it inspected by a company that specializes in buyer inspections. Off a dealer lot, it would have cost at least $2,000 more.
i actually got an offer in the mail, to us, from a local dealer, wanting to buy our 2006 vehicle, as they are looking for several of our model to sell. tore it up.
People can’t afford new cars, so they are turning to used cars, and they are in short supply and prices for a low-mileage used car are not a great amount lower than the price of new
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Part of Hussein’s war on the poor.