10 Steps to Buying a Used Car

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Step 3: Save money by buying second-tier cars.


The value of a used car is based on its condition, mileage, reliability, performance and popularity. Of course you want a car that is reliable and performs well. But do you want the same used car everyone else wants? If so, you will pay a premium for it. In some cases, the only difference is the nameplate.

How much difference in price separates good-but-popular cars from their good-but-overlooked counterparts? Two Edmunds.com editors recently shopped in the family sedan class. They found that 2-year-old Camrys and Accords were about $3,000 more than comparable 626s and Galants. For more on this subject read "How to Get a Used Car Bargain." If you are adventurous and want to shop for a killer deal, read "Used Car Deals: Program Cars, Rental Cars & Salvage Titles."

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