Question by Paul:
How to bargain and how much to bargain when buying a used car?
I am looking to buy a used Porsche Boxster 2002 or 2003 with about 40-60k miles.
The offers vary between 22 and 30k. How should I bargain and how much should / can I bargain?
Thanks!
Best answer:
Answer by hyspeed_games
Be well prepared - print out ads for other similar cars and bring them with you to look at the others.
Act stupid - pull out the wrong ad (for a lower amount) and ask why there is a price difference from the ad. Then apologize when the seller points out your mistake.
Research - use Kelly Blue Book to see what options are worth. Punch in the figures for cars you find and then change the options on the cars to see what the value of the used car changes. Include changing the mileage to see how much of an impact that has.
Search archives - see if the car has been for sale for a while. If you can search the archives of a local paper (assuming you found an ad in the paper), see if it has been for sale.
Compare - make a quick count of how many cars of that type are for sale. Compare that with how many of a similar car form another maker are available. If there are a lot of your car on the market, you can bargain more.
What do you think? Answer below!
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