Different laws across the United States make some states better places to purchase used cars than others. Things like weather conditions, the number of used vehicles available, local taxes, special vehicle laws, and other factors mean there are several states where buying a used car is cheaper and easier than in other states. Here are the top three places where used car buyers can enjoy low prices, less red tape, and a generally easier time when buying a used car or truck.
For a number of reasons, Florida is a great state for buying a used car. This is largely because of the large number of used car dealers in Florida, increasing competition and driving down prices. Additionally, local weather conditions and lots of retirees who put used cars on the market are factors that make Florida a “buyers’ market” for used cars.
California is not necessarily the cheapest state for used car prices. However, it is in the middle range in terms of what you’ll pay for a previously owned vehicle. Additionally, California has strong lemon laws that help protect car buyers. These laws are the best part about buying a used car in the Golden State. In most cases, the law covers any used car sold with a warranty. That warranty needs not be the one that came with the car when it was new. In fact, even a 30-day warranty from a used car dealer is okay to satisfy the requirements of the lemon law.
Under the law, the seller must repair any manufacturing defect or offer a refund to the buyer. It is up to the buyer and seller to negotiate the exact amount of the refund based on a reasonable deduction for the amount of use the buyer got out of the car from the time of purchase until asking for the refund.
Used car buyers are often hit with unexpected fees when buying. Typically, these fees, one-time charges, and taxes can add up to more than $400. In Oregon, however, the total is just $130 based on the data from 2018. That makes the Beaver State an ideal place to acquire a used vehicle.
Even if you don’t live in one of these three “good” states for used-car buying, it’s always a good idea to purchase from a licensed car dealer that can show you proof of a thorough diagnostic test. Dealers, unlike individual sellers, are also able to offer limited warranty coverage with used car sales, which offers peace of mind to buyers.
If you’re going to buy a car, you’re going to need a budget and know how to manage your money wisely. Check out this other article on how to become better at money management!