When buying cars under $700, same rules as for cars Under $1000 can be applied. Only difference is that under this price it's harder to find good car then in $700-$1000 price range. But not impossible.
5 things you must remember:
- Tip #1 – Clean title - beware of flooded,reconstructed cars. Check for actual mileage and whether car has any liens.
- Tip #2 – Know Where to Look - used car lots, classifieds like Craiglist,eBay, CarsDirect®, Government auctions
- Tip #3 – Ask Questions - If your state requires vehicle inspections, when was the last time the vehicle passed and will it again? If the vehicle needs repairs, does the seller have an estimated cost of repair?
- Tip #4 – Go for a Test Drive - Always insist on test driving the car and take a mechanic along with you as they will quickly be able to spot potential issues with the car.
- Tip #5 – Include the Cost of Repairs - When it comes to used cars under $700, there is a good chance that repairs are needed. In this case, it might be worth it to take the vehicle (while in the mist of a test drive) to a local auto repair shop