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Best & Worst Cities to Buy a Used Car
February 21, 2013
If you're in the market for a used car, the city you purchase
in may have an impact on the price.
According to Forbes,
there can be quite a difference in car prices between US cities. For
instance, cars sold in Miami, FL are nearly 7 percent less expensive
than the national average, while used cars in Jackson, MS may make you
fork over 9 percent more than the national average.
Here's a look at the top 10 most affordable and least affordable cities
in the US when it comes to buying a used car, based on the national
average transaction price.
10 Most Affordable Cities
City | % Below National Average Price |
---|---|
Miami, FL | -6.6% |
Cleveland, OH | -5.7% |
Rochester, NY | -5.4% |
Detroit, MI | -4.7% |
Stamford, CT | -4.7% |
Akron, OH | -4.4% |
Buffalo, NY | -4.4% |
Toledo, OH | -3.7% |
New York, NY | -3.7% |
Minneapolis, MN | -2.8% |
10 Least Affordable Cities
City | % Above National Average Price |
---|---|
Jackson, MS | 9.0% |
Seattle, WA | 6.4% |
Montgomery, AL | 5.8% |
Little Rock, AR | 5.8% |
Knoxville, TN | 5.5% |
Mobile, AL | 5.3% |
Fresno, CA | 4.8% |
Memphis, TN | 4.8% |
Wichita, KS | 4.8% |
Lincoln, NE | 4.7% |
3 Steps Every Car Buyer Needs to Take to Save Maximum Money
The key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:Step 1 Get Prices From My Trusted Network
Select the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).Select Vehicle to Get Local Pricing
Step 2 Get Prices From TrueCar / CarsDirect
TrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.Step 3 Complete my Checklist
Follow this up with my checklist to make sure you squeeze out every last bit of savings.- Gregg Fidan
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