Great Deals on Used Cars For Sale in Pensacola, FL (2024)

FAQs

Great Deals on Used Cars For Sale in Pensacola, FL? ›

Best for Cheap Cars CarGurus

CarGurus was created in 2006 by TripAdvisor co-founder Langley Steinert to help consumers post questions and reviews of cars and local dealers.1 The company later added a marketplace to its site with a car evaluation tool that makes it our choice as the best site for cheap cars.

Best for Cheap Cars CarGurus

CarGurus was created in 2006 by TripAdvisor co-founder Langley Steinert to help consumers post questions and reviews of cars and local dealers.1 The company later added a marketplace to its site with a car evaluation tool that makes it our choice as the best site for cheap cars.

The “sweet spot” for purchasing a used car is between 2 to 5 years old. This is the age range where the car has already gone through the steepest part of its depreciation curve, but it's still relatively new and in good condition.

If you're looking for the lowest initial cost, no state can beat Florida. When it comes to used car sales, Florida tends to has the cheapest prices. Florida's low initial vehicle costs are due to a variety of factors. First, Florida has one of the largest populations of older people.

As you can see, New Hampshire is the most affordable state for new and used car purchases. It's worth noting that Florida and Oregon are viable choices. Florida's lowest starting cost can explain its unanticipated expenses. Furthermore, Florida cars will be in much better shape, which is a huge long-term benefit.

What is considered high mileage on a car? Often, 100,000 miles is considered a cut-off point for used cars because older vehicles often start requiring more expensive and frequent maintenance when mileage exceeds 100,000.

AutoTrader: Best for comparing options

If you're looking for a site with extensive inventory, this is it — AutoTrader has millions of listings for you to search and filter. Plus, you can choose a car financing option and submit it directly on their site.

In conclusion, while it's a good idea to consider both the age of a vehicle and the mileage on the odometer, how it was maintained is the key. A 10 year old car with 100,000 miles may have received more maintenance and upkeep then a 5 year-old car with 50,000 miles.

60,000-70,000 miles: Most manufacturers' powertrain warranties expire in that range, and the second major maintenance is scheduled to occur. Selling before reaching those benchmarks will get you a better price for your car than selling afterward.

Cars over 10 years old can still be reliable. Most vehicles can last well over a decade with proper care and maintenance. In fact, the average car on U.S. roads is now 12.5 years old, according to a study from S&P Global Mobility. Furthermore, a car doesn't really stop depreciating until it hits that 10-year mark.

Is Florida a good state to buy a used car? ›

Florida is the second-best overall place to purchase a used vehicle in the United States. Although registration fees and sales tax are slightly more than in other states, the overall savings are higher. Because of their large population, they can provide many alternatives.

Car ownership costs vary significantly by state, with California, Nevada, Florida, New York, and Washington being the most expensive due to high costs of insurance, fuel, sales tax, and vehicle depreciation.

Himachal Pradesh has one of the lowest rates in India.

Mississippi: According to World Population Review, in 2023, Mississippi holds the title of the cheapest state to live in the United States. Its cost of living index is 85, and overall costs in the state are 17% lower than the national average.

Alaska car buyers pay the most for used cars - roughly $7,700 dollars more than buyers in the least expensive state to buy used cars, which is Indiana. iSeeCars says it analyzed 8 million car sales to determine where drivers pay the most and least for used cars.

It helps to have a trusted pricing source on your side. The Kelley Blue Book ^® Price Advisor shows you what you should pay for a new or used car based on what others have paid in your area.

So, all in, you're looking at a total budget that is ideally, no more than 20% of your monthly take-home pay. While the 10%-15% rule may not work for everyone, it's a good starting point for finding a target price that won't leave you scrambling to pay your bills every month.

No one site can be 100% accurate — they all provide estimated values. Both Edmunds and Kelley Blue Book are reputable sites that offer pricing information.