So, you're looking at replacing a car after an accident. The good news is you're safe, and even if a bit shaken at least doing well enough to be looking at cars for sale. The bad news is your car is pretty messed up, and you're going to need to find a new one. You weren't planning on car shopping but now you're in desperate need of a new ride. What are your options?
To start with, your options can have a lot to do with how much money back your insurance company is cutting you a check for. Unfortunately because no matter how new your car was when it got smashed, chances are that check is a lot smaller than you expected. Soon as you drive it off the car lot that car starts to loose value. Still, make sure you independently verify the value of your old car though before you cash that check and start checking used car search engines. There's always the chance you could have been short changed.
Finding Cheap New Cars For Sale
Now the next question, are you willing to sink some extra money in to look at new cars for sale? If you got a fair amount back from your insurance agency this maybe a good option for you, especially since new car prices are still relatively comparable to many used cars for sale. This can help you avoid concerns about potential repairs and ensure there are no lingering problems left over from your accident.
Still not everyone has a large nest egg placed away to throw at just any new cars for sale. Budgets are tighter in this economy so chances are good you might be leaning more towards cheap new cars as an option. Depending on what you drove before, it might be a bit smaller then what you had before. However cheap new cars are not without their advantages, as many are much more fuel efficient then past models and come with much better standard equipment.
Finding Cheap Used Cars
The more likely option for many of us is to consult some used car search engines, like LotPro.com, and try and pick out well maintained cheap used cars. This is easier said then done as there are thousands of used cars in any given area, but using a site like Lotpro.com can make finding cheap used cars in your area much less painful then your past experiences. Just remember to check your selected car with a vehicle history report to make sure you aren't trading one problem for another. You just got done with one accident; you wouldn't want to buy someone else's accident car without proper warning would you?