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I settled w/my car insurance today & they offered me $12,000 in order to purchase another car since mine was recently declared a loss by them.
I was wondering if anyone on here thinks that I can find a reliable, decent vehicle at that price point. I prefer either a Toyota or a Honda. It should be 100,000 miles or less and be an automatic transmission. I want a car (sedan or coupe), no SUVs, Mini-vans or trucks. No salvage titles or previous accidents either. I have $12,750 in cash and am looking at either a PP or a dealer purchase. Is this doable? TIA. |
| It’s going to be tight on that budget for less than 100k miles especially for a Honda or Toyota. Look on Craigslist or Cars.com. Put in your price point and mileage on Cars.com or Carvana and see what hits you get. |
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Check out Autotrader and carfax.com too. You’re probably looking at a 2014 Toyota Corolla or Honda Civic. Maybe 2012 or so for a Camry or Accord.
I’m out of state but my neighbor just sold her 2012 Honda Accord XLE (v6) for about that. I think it had 75k miles. |
I prefer a smaller vehicle now that my kids have their own. So a Civic or a Corolla would be perfect. I do not need much space any longer. I see good prices on Honda’s and Toyota’s but they are mostly from private sellers. I am a woman & am leery of buying a car from a stranger online. Any good tips?? My best bet would likely be to purchase from a big name dealership, but the prices are much higher. CarMax looks pretty high. Is it worth it to trust a stranger, private party for the best value? As long as I get an opportunity to get the car checked out by my mechanic first? |
| I’ve never bought a used car directly from someone, but I’ve sold several cars, and I’ve never had someone want to take a car to a mechanic before the sale was finalized. They did a test drive, but I guess the just trusted my word that the car was in the condition I said it was? You do generally get a better deal when buying directly from an owner, but you also take a risk — for example, can you verify that the car title is in fact clear? (I.e. that no one has a lien on the title) |
To me it is worth it. Expect to pay a good 2k extra if you choose carmax or a dealership over a private party sale. Look for a car with one owner who has the title in hand. Can you bring someone who is good with cars? They also have mobile mechanics who can meet you at the sellers house. |
| Rough time to be in the market for a used car, so be sure to search widely. I found the best deal when I was looking at one of the used car lots on Rte 1 in Stafford. |
| I occasionally see cars for sale on Next Door. I like that because I can see who they are. |
| I’ll sell you my 2013 Subaru Crosstrek for $12,500. It’s got 132,000 miles. |
I'd think about paying 3. Maybe 4. |
| Carmax is charging way too much. I think you’re better off with a dealer. |
And I’d think you’ll keep riding your bike, kid. |
This is not me (OP.) Thx PP for the offer, but the miles are a little high for $12,500. Will continue my search. To the PP who sent me the plethora of links. Thank you so ver much. 👍🏼 You deserve a cut off the commission. |
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