Call Us For A Car Today!
502-498-5573
Cheap cars for sale in Louisville KY? Is it even possible? Of course it is!
So what is the price of a cheap car? It’s absolutely different no matter who you talk to. But it’s our thoughts here that cheap means between $4000 to $10,000 dollars.
Getting the cash together for a sizable down payment on a brand new car can be tough in today’s economy, and more buyers than ever are looking to the used market for something a bit cheaper when it comes to replacing aged vehicles.
According to the FTC the cost of a new car is second only to a home as the most expensive purchase many consumers make. The National Automobile Dealers Association states that the average price of a new car sold in the United States is $28,400. That’s a lot of money, and often more than the average consumer can afford during these down economic times.
Call Us For A Car Today!
502-498-5573
Affordable Used Cars at Affordable Prices
Selling used cars for under 10,000 dollars in Louisville KY is a specialty of the Louisville Car Guys team. And yes, it’s still possible to get a quality used automobile, truck of mini van for under 10K. When you can’t afford to lay out 30K for a cash purchase, or don’t want a payment in excess of 5 to 7 hundred dollars per month. The cheap used car or truck for under 10K purchase starts looking better and better.
So what should a consumer expect to get for $10,000.00 in today’s used car market?
Depending on make and model? A decent vehicle with between 50,000 and 150,000 miles on it. Due to the recession, used car prices have been on the rise for 4 years now. That and the recent cash for clunkers program instituted by our national government, has driven the price of quality used cars up considerably higher than the historical prices we were previously used to. But the decent deals are still out there, they just take a little searching to find. Also if you can pay cash, you will almost always get a better deal.
Some things to consider when buying a used vehicle
- Naturally the Vehicle will need more maintenance.
- The insurance will be a bit less than a more expensive new car.
- If the vehicle has to many miles you can’t get bank financing.
- The taxes will be a lot less on a cheaper used car or truck than it’s newer counter part.
- You should get a warranty when making the purchase.