Overhaulin'

Can You Negotiate Used Car Prices Like You Can With New Cars?

My dad and I are looking at used cars, I was just wondering. Are used car prices usually set, or can you haggle them like you do with a new car's sticker price?

Public Comments

1. same haggling prices
2. yes if have someone like (lemon busters)to check the car out for you before u buy it if the car has problems price could drop a bit #2 if you have cash on hand the price could drop a few hundred
3. they expect you to negotiate. you can always try to negotiate (besides a better price) a longer warranty, oil changes or service and terms of payment
4. Used car prices tend to be more negotiable than a new car. Whereas a new car is rarely sold for less than "invoice price" or about 15% of MSRP it's not unusual to see a used car go for 30% or more of the dealers asking price. Use KBB.com or Edmunds.com to get an idea of what the car should sell for and offer the dealer the private party sales price and negotiate from there.
5. Yes, and in fact there is far more wiggle room in used cars than in new. New cars have about 5-7% profit for the dealer to work with, used is more like 15-20
6. You can haggle pricing on any car....used cars are generally easier than new cars,if you buy from a new car dealer, because the dealer gets them almost for free if it's a trade-in.....
7. yes, unless the seller says "firm". Otherwise once you look it over you can tell him what your offer is