What Makes CarGurus Different?

When’s the best time to buy a car?

The months of October, November and December are the best time of year to buy a car.

Car dealerships have sales quotas, which typically break down into yearly, quarterly and monthly sales goals.

And all three goals begin to come together late in the year..

Do dealers prefer financing or cash?

Dealers prefer buyers who finance because they can make a profit on the loan – therefore, you should never tell them you’re paying cash. You should aim to get pricing from at least 10 dealerships. Since each dealer is selling a commodity, you want to get them in a bidding war.

Should I buy a car over 100k miles?

No, in most cases, buying a car with 100K miles is not a bad idea. In fact, there are a number of benefits to buying a high-mileage car. For example, cars with 100K miles cost less to purchase, register, and insure, all while depreciating slower than low-mileage cars.

What’s the slowest month for car sales?

JanuaryJanuary and February are the slowest months for car sales, since consumer spending usually drops off after the Christmas holidays.

How do you haggle with a car dealer?

12 tips for haggling down a car’s priceKnow the desired model’s list price. … Decide what specification you need and stick to it. … Use mileage as a leverage. … Email dealerships for new prices. … Understand your old car’s value if part-exchanging. … Note down what other local dealerships are offering.More items…•

How does CarGurus determine fair price?

1 Answer. The Instant Market Value (IMV) of a vehicle is CarGurus’ estimated fair retail price for a vehicle based on a detailed analysis of comparable current and previously sold car listings in your local market. … CarGurus’ IMV is used to determine whether each listed car is a great, good, fair or overpriced deal.

What should you not say to a car salesman?

10 Things You Should Never Say to a Car Salesman“I really love this car” You can love that car — just don’t tell the salesman. … “I don’t know that much about cars” … “My trade-in is outside” … “I don’t want to get taken to the cleaners” … “My credit isn’t that good” … “I’m paying cash” … “I need to buy a car today” … “I need a monthly payment under $350”More items…•

What is the best used car website?

Top 10 Used Car WebsitesAutotrader.com. Because AutoTrader has been around since before the internet, its longstanding reputation has built up decades of trust. … Edmunds.com. … EnterpriseCarSales.com. … Autotempest.com. … Kbb.com (Kelley Blue Book site) … CarGurus.com. … Hemmings.com. … Carsdirect.com.More items…•

What cars last the longest?

The longest-lasting cars and percentage of vehicles exceeding 200,000 miles are:Toyota Avalon, 2.5 percent.Honda Accord, 1.9 percent.Toyota Prius, 1.7 percent.Chevrolet Impala, 1.7 percent.Ford Taurus, 1.6 percent.Toyota Camry, 1.4 percent.Toyota Camry Hybrid, 1.2 percent.Honda Civic, 1.2 percent.

Can you negotiate price on CarGurus?

2 Answers. Car sales are ALWAYS negotiable! Most sellers expect the buyer to ask for a lower ‘best price. ‘ If you’re paying cash or with a cashier’s check instead of financing the car, that’s another plus on your side for negotiation since it means a faster sale.

Should I buy a car with 150k miles?

In some cases, you can be fine buying a used car with 150,000 or even 200,000 miles on it, because maintenance helps them last far beyond what many people have come to expect. When considering mileage on a used car, don’t take it at face value. … We’ve seen upwards of 500,000 miles on cars from as far back as the 1970s.

Which is better Autotrader or CarGurus?

Specific findings include that vehicles on CarGurus sell 16% faster than on Autotrader and 22% faster than on Cars.com. Additionally, when analyzing inventory listed on CarGurus, adding one of these second listings sites showed negligible impact and only reduced the average days on market for inventory by 6%.

What mileage is too high for a used car?

Typically, putting 12,000 to 15,000 miles on your car per year is viewed as “average.” A car that is driven more than that is considered high-mileage. With proper maintenance, cars can have a life expectancy of about 200,000 miles.

Why you should never pay cash for a car?

The common thinking is that buying a car with cash is better than financing because you won’t have to pay interest. … In that case, paying with cash may not be the smartest thing to do because you’ll lose very little money by financing; you get to keep your cash for other projects or investments.

How do you attach a car to CarGurus?

To list your car for sale, click on the Sell My Car tab at the top of the home page and follow the prompts. The easiest way to enter your vehicle information is to input your VIN. We will fill out the rest! You can use our pricing tool to make sure you listing is competitive in your market.

Is CarGurus accurate?

Car listings aren’t always accurate. Many CarGurus reviews tell the same story: A would-be buyer shows up at the dealer and then finds the advertised car has already been sold. … Sometimes, the best deals on used cars come from private sellers. But most vehicles listed on CarGurus are on dealers’ lots.