Pre-Owned Prestige

Online used car shopping

OK, so you can't afford a gleaming new BMW--maybe not even a spiffy VW Jetta--so how do you explain all those other people your age who are driving wheels you only dream about? You know they're not earning a dime more than you, so what's the story? Here it is, in two words: Used, or, as the marketers say, "pre-owned." Either way, slightly worn wheels just may be the smartest buy if you're on a tight budget but crave stylish transportation.

Case in point: A new 2000 Jetta GLS runs around $20,000--and dealers aren't coming down far from the sticker price on this super-popular car--but a `97 Jetta GLS, with all the options and low mileage, likely won't cost a dime over $15,000. Go more luxurious, and price cuts become still deeper. A search at the Hertz used vehicles site ( reveals that buyers of year-old creampuffs pocket thousands in savings.

Doesn't buying a used car mean buying somebody else's problem? Used to be, but today's cars are dramatically better made. Many Web sites and books can help guide buyers through the used-car maze.

Robert McGarvey drives a '99 Camry, but his dream car is a '67 Morris Minor. A what? If you have to ask...don't bother.

Page 1 2 3 4 5 Next »

Like this article? Get this issue right now on iPad, Nook or Kindle Fire.

This article was originally published in the February 2000 print edition of Entrepreneur with the headline: Pre-Owned Prestige.

Loading the player ...

25 Common Characteristics of Successful Entrepreneurs

Ads by Google

Share Your Thoughts

Most Shared Stories

15 Signs You're an Entrepreneur
Want Media Attention? Target Trades First
10 Things All Entrepreneurs Must Do Before Quitting Their Day Job
Is It That Important to Be Nice?
The 80/20 Rule and How to Supercharge Your Sales and Marketing