How to find Used cars under 5000?

If you’re wondering how to find used cars under 5000 dollars, this article will give you a few tips in hunting down that bargain.  Let’s face it – you’re going to be competing against lots of other people who are also looking for inexpensive used cars.  The economy being what it is, there is far less demand for new cars these days.  And credit lending standards have gotten much tougher, meaning that even people who want to buy a new vehicle can’t.  Which means that thousands of other people in your city are also wondering how to find used cars under 5000 dollars.

But that doesn’t mean you can’t beat them to the deals.  One of the best places to go searching for used car bargains is a website called Craigslist.  It’s an online service that offers free classified ads, and there’s one for virtually every city in America of any size.  And, although it’s quite popular, there are still many people who either haven’t heard of it, or don’t think to look for used cars there.  You can often find great deals on Craigslist.

Another great place to look for cars under five grand is to contact banks and credit unions in your local area.  They always have repos on their books, and nowadays they’ve got more than ever.  However, they don’t like to advertise them, as it’s bad for the image of a bank or credit union to look like they’re running a used car lot.  And they’re always happy to find someone who wants to take these used cars off their hands, and help get their books balanced.  You may have to call several banks before you find the car you’re looking for, but if you stick with it you can find a bargain.  Especially if you let them know that you’re talking about paying cash.  That’s the final secret of how to find used cars under 5000 dollars.  In the used car market, cash really is king.

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