If You Want To Buy Used Cars Cheap, Here Is What To Do

Which factors determine whether you can buy used cars cheap or not? I these financial crisis days there are especially two kinds of vehicles standing out. These are:

- Cars that get poor fuel mileage
- Cars that can be described as toys rather than vehicles.

Well, the first mentioned kind of cars pretty obvious. The second kind of Cheap used cars is also easy to understand if you take a trip to your local pawnshop and see all the jacked-up SUVs, sports cars with aftermarket turbocharger, Harleys, modified Camaros etc.

But there’s another reason to purchase these Cheap used cars; another element that makes them even cheaper if you act pretty fast. It’s estimated that 40 plus percent of the increase in gasoline price is caused by the decreased value of the dollar due to the home mortgage crises. It’s also estimated that gas prices will drop below $3 a gallon in relatively short time from now and what will happen then is that the value of the cars mentioned above will rocket back up to their ‘good old’ prices.

Below I have listed 5 of the cheapest used cars on the market right now:

Dodge Grand Caravan

This Doge minivan went for about $24,000 two years ago, in 2007. Today the trade-in value is around $7,000.

Jaguar S-Type

This supercharged Jaguar had a list price in 2007 of about $64,000. Today you can buy it for than $25,000.

BMW 760Li

This V-12-powered BMW sales price was more than $120,000 in 2007. Today you can buy it for less than $80,000. Be aware that it needs to be serviced by BMW mechanics, and that can be pretty expensive.

Buick Rainier

This Buick’s sports vehicle went for more than $32,000 two years ago. Today you can purchase the same make and model for about $9,000.

Lincoln Navigator

The four-wheel-drive Lincoln Navigator went for more than $52,000 two year ago. If you buy it from a private person today you can get it for around $25,000 which is half of the previous price. If you want to buy used cars cheap, this is something for you.

Check out some other great sources of Cheap used cars