Make sure the registration is current. Often cars under 500 dollars are unregistered, have back taxes owed on them or are registered in non-operation, all of which can cause major problems when you try to register the vehicle and can cost a lot of money. It is best to only buy cars with current registration. Finding cars under 500 dollars requires specific information. This includes the make and model of the vehicle, license number, and driver information. Information provided can make better premiums available.
The agent should know about safety features in addition to the standard information. An affordable insurance premium cannot be taken away because of limited information.
Additional changes can be made once the policy is in effect. I don’t know where you live but look for a bid lot or auction business- if you don’t know anything about mechanics or cars then find a friend who does and can evaluate the car- often you can get it for very cheap and may have to do a minimal fix- bumper, headlight or starter etc. it is not the way to get a totally dependable vehicle but it is cheap – a friend of mine got one that is runs and is in good condition for 3500 dollars
Or check the city pound, or charity organizations. They usually have auctions once a month. It is a risk, but with luck, you may find a treasure. Another way will be connections with a car dealership.
The trades are always taken far bellow their value. But, the used car dealer is also too tight with his money. A hundred dollars more from you, can sweeten the deal for the new car buyer, the new car sales person and for you as well.
You better take advantage of an extensive inspection on the vehicle if the government allowed it during the auction sale. Getting important information about the feature and specifications is good. It is also advisable to ask the help of professionals. When purchasing for government seized vehicles, get an experienced mechanic to go with you.
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