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Buying a Used Hyundai Elantra
my step father is offering me a 2002 hyundai elantra gl sedan with 187,000 miles for $2300. i don't know if he is asking too much for this vehicle. it seems to work okay and looks good. but the mileage bothers me. is it a good deal or should i pass....
ps. i can't afford to get the car checked out . but it runs nice.
ps. i can't afford to get the car checked out . but it runs nice.
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Did you check out TMV on this vehicle? Without knowing all of the details, I can't really do it for you, but a quick check on TMV in my area, assuming the vehicle doesn't have a lot of extras, puts it closer to $1800 private party. The miles are a killer.
In general, I'm wary of buying from relatives as it could lead to bad feelings if the deal doesn't work out, or the vehicle has a major issue soon after purchase.
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With any used car purchase you should automatically set aside 10-20% of your total budget in order to cover any unexpected repairs. If $2300 is everything you've got to spend on a car, you should be looking for an $1800 car.
I saw a little water in the trunk. Should i be worried about that? Should i do a carfax? Are there any tips/advice you can give me before i tear out what remains of my hair !
thx.
Have the dealer run the Carfax for you, but it's not foolproof. Water in the trunk is not a good sign. How much water? A little as in, the hatch could have been left open, or a lot sloshing in the spare tire well?
Can't they just refund your money?