Allright so I need to buy a used car within the next week or so. I'd like to spend 7500 or less. But I don't need the car to last a looong time. I'm thinking in around 3 years I would like to buy a new car (3 years is the length of the loan I will be getting.) Does anyone have any suggestions? I was looking at honda civics, It looks like I could get one from 2001 for my price. However, I also saw some really cheap Ford Tauruses as well. I'm currently driving my dad's old 95 taurus, and haven't really run into any major problems with that, however I hear there have been major problems with taureses in general. It looks like I could get a much newer car ~2003 with much fewer miles on it (about 40,000 less actually) for my same 7500 price. Any suggestions or comments?
(edit) Another question: I've been looking at prices on kbb.com and was wondering how much I should reasonably expect to pay above trade in value on a used car from a dealership. I understand they expenses to recoup, but what's a reasonable profit for the dealership? I remember going with my dad to purchase a car once many years ago. The asking price was somthing like 5 grand, and he wrote a check in front of them for half of that. He ended up almost walking out twice, but ended up pulling an additional 60 bucks cash out of his wallet to seal the deal. I assume half of asking price is uncommon, but what is typical? Thanks.
(edit) Another question: I've been looking at prices on kbb.com and was wondering how much I should reasonably expect to pay above trade in value on a used car from a dealership. I understand they expenses to recoup, but what's a reasonable profit for the dealership? I remember going with my dad to purchase a car once many years ago. The asking price was somthing like 5 grand, and he wrote a check in front of them for half of that. He ended up almost walking out twice, but ended up pulling an additional 60 bucks cash out of his wallet to seal the deal. I assume half of asking price is uncommon, but what is typical? Thanks.
