![]() ![]() If you don’t need a truck or large SUV, you can save a lot of money by getting something smaller. Find your perfect car with Edmunds expert reviews, car comparisons, and pricing tools. Trucks and SUVs are popular and often demand a higher price than sedans or subcompact SUVs. Save up to 36,092 on one of 137,741 used cars for sale in Minnesota. ![]() If you prefer a near-new vehicle, then consider a different type of vehicle or brand to save money. A prepurchase inspection from a mechanic can also help spot potential issues. However, if you decide to do so, make sure to get a vehicle history report to ensure it has a clean title and has had regular maintenance visits. With higher prices and interest rates, opting for a higher-mileage or older model will help get you to the monthly payment you want. If there is a particular brand, age and mileage you typically aim for when buying a used vehicle, you might want to reconsider your usual approach. They collect and analyze car sales from an unknown number of sales across the country. From this information, it provides a valuation both for trading it in or selling it to a private buyer. You can adjust the search parameters to include nearby cities and counties that might have better deals. Edmunds uses a car’s make, model, mileage, condition, and styling to determine the worth of a vehicle. Instead of driving to local dealerships, look at online sites first to know what dealerships have in stock before you go there. You might find a better deal if you broaden your search beyond local dealerships. By simply searching for the make and model you want, you’ll know if you are paying above, below or at the market value of the vehicle. There are multiple online sites like Edmunds that compare the price of the vehicle you are shopping for with others that are for sale in your area. Compare prices to avoid overpayingįinding out if you’re getting a good price on a used car isn’t as hard as you think. The experts at Edmunds have compiled six important tips to help you with your next purchase. Even so, it’s still wise for prospective used vehicle buyers to make sure they’re getting the best value for their money. Get a more accurate value for your car with the Edmunds appraisal tool. Broadly, the difference in average price between new and used is back to how it was in 2019. 2013 Chevrolet Equinox trade-in prices range from 3,240 - 11,241. In addition, new vehicle prices continue to rise, making used vehicles more appealing for shoppers on a smaller budget. While that’s still way above the average of $20,085 from about five years ago, it has dropped from last year’s record high. But there seems to be at least a dim light at the end of the tunnel according to Edmunds’ latest Used Vehicle Report.Įdmunds found the average transaction price for a used vehicle was $28,935 in the third quarter. Compared to what people normally expect to pay from buying used, it’s fair to say the market has been discouraging. The past few years have been rough for used-vehicle buyers due to higher prices, less inventory and rising interest rates. ![]()
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