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Author: StockGoddess Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 70807  
Subject: Used Car Shopping Date: 1/10/2013 12:33 PM
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Looking for cars on my local Craigslist and - just wondering - what's the scam when you see a car priced $5000 lower than similar cars of that make and model. Especially posted by a dealer.

For instance, in this list:

http://huntsville.craigslist.org/search/cta?query=honda+acco...

We see various Honda Accords listed for 10K, then one guy lists one for $2800. And it's a DEALER. What's the deal? Bait and switch?

Also, is Edmunds.com the best place to appraise the value of a car? Seems like people want much more than the numbers I'm coming up with. KBB.com seems closer to what most people are asking for.

Seems like a lot of private sellers are now offering some sort of checklist done by their dealers saying things are mechanically sound, and CARFAX, up front.

Just getting started...the twins turned 16 yesterday....
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