With so many cars lasting 200,000 miles or more, buying a used car is becoming a safer bet. Consumer Reports surveyed one thousand used-car owners and explain how you can save big.
Diane Diblin bought her 2012 Toyota Corolla used from a dealership, and she loves the money she saved.
Consumer Reports' used-car buyer survey showed haggling on the price really pays.
"Most of our survey respondents asked for a lower price on the used car they bought and were successful 80 percent of the time," said Mark Rechtin of Consumer Reports. "The median savings was about $900."
The most effective haggling method? Believe it or not, simply asking for a lower price.
The median price for a used car, model year 2011 or newer, is $20,000. Though keep in mind, you'll pay less at a used-car dealership compared to what you would at a new car dealership that has a pre-owned section. Chances are you'll pay even less if you buy from a private party.
"We recommend buying the most recent model year available with the widest array of safety and technology features," Rechtin added.
Consumer Reports said some of the best used-car choices are: The 2012 Toyota Camry, 2012 Honda Accord and the 2011 Toyota Rav4.
All vehicles cost $10,000 less used than they did when they were new.
Before you buy, Consumer Reports said look for a vehicle that has less than 50,000 miles, and be sure to have any used car inspected by a mechanic you trust.
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