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There are 11 common mistakes people make when buying or selling a used car, according to the October 2011 issue of ShopSmart, published by Consumer Reports. All of them add up to lost money. Summarized below. About to buy a new car? Here’s how to negotiate a good price and the three steps of haggling. Did you know you can save a lot of money buying car parts from a junk yard? Make sure to check this car recall site before you pay for any repairs.
Seller mistakes
1. Settling on price. Trading in your car is quicker and easier than selling it yourself, but the dealer price will be lower than if you sell it on AutoTrader.com, Cars.com, or Ebay.
2. Risking your privacy. Don’t list your address or full name or you may attract unwanted visitors. It’s a good idea to meet potential buyers in a public place, instead of your driveway.
3. Combining buying and selling. Trading in your car and buying one at the dealer is a super
