April Used Cars and Used Car Bargains FYI

As some of you have noticed, we have had to move the monthly used cars column from this side of the homepage to the other side of the homepage. We had to do this simply because the list was so large. Just look to your right and you will see it. When you click on the link, it will take you to where we now have the list, on our new page. Or click HERE.

We also have a new feature on the same page – Used Car Bargains had its genesis in a conversation I had awhile ago with Michael Karesh of TrueDelta regarding getting the most car for your money in the used car market, and how some models of cars consistently delivered on that premise because of their combination of good quality and low residual value. Take a look at it – it’s a different approach and it’s probably not the usual lineup you’re accustomed to seeing when people draw up lists of “best” used cars.

Michael, thanks for telling all your readers to email us about producing such a list. I’ll see if I can return the favor someday. No, just busting your shoes, and no harm done – I enjoyed doing it once I got going.

I hope you enjoy both lists and get some value from them; if you think you have a strong candidate vehicle for Used Car Bargains, make a suggestion. Maybe we’ll put it on the next list.

Author: Brendan Moore

Brendan Moore is a Principal Consultant with Cedar Point Consulting , a management consulting practice based in the Washington, DC area. He also manages Autosavant Consulting, a separate practice within Cedar Point Consulting. where he advises businesses connected to the auto industry. Cedar Point Consulting can be found at http://www.cedarpointconsulting.com.

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  1. How about the Jaguar X-Type? Jaguar’s failed attempt to go small. That’s a pretty good car with the 3.0 liter six.

  2. Unlike a lot of stuff on auto blogs, this is actually helpful. I’m not looking to buy another car right now, but you never know. The comparison between the used BMW 3 series and the 7 Series is really surprising. I had no idea.

  3. I always buy used and have for 20 years. I don’t need the ego boost of a new car. My ego does just fine with the extra money I have in my bank account.

  4. Can a regular person go to a big auto auction like the ones the dealers go to? It would be great if you could just cut out the dealer completely and buy a car at wholesale value just like dealers do.

    That way I could go to the auction, pick out the cars I like, test drive those cars, and then decide which cars I want to bid on. How do you finance a car at the auction? Will they hold it there with a deposit while I get a loan from my credit union?

  5. smellslike, the general public is not allowed into the large auctions that dealers go to. There are smaller auctions that are open to the public, however, in my experience, the quality of the vehicles at those leaves much to be desired.

    Most dealers have some sort of large credit line available at their bank and just write a check to pay for their purchases on the spot. Probably another reason they aren’t open to the public.

  6. I agree with peteaz re: usefulness. Interesting to look at the used car bargaiins and it is interesting to see wholesale and retail on the cars you listed in april used cars. Prolly not going to help me right now as my car runs ok, but good to have an idea what used cars are the best deal for the money inc ase I need it.

  7. Check back early and often, jokerjoker – Brendan posts his thoughts on used car bargains monthly. 🙂 Actually, I’d recommend subscribing to the site’s RSS feed to let you know when there is new content…it’s what I do.

    Oh, and here’s my contribution to the cause: four-cylinder 2003 Saturn L200. My wife and I owned one for 15 months and paid about half of MSRP for a one year old car, then sold it 35,000 miles later for just $1,000 less than we paid for it. It made for a nice down payment on our next vehicle.

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