Used Car Pricing Basics

"ERIK RINCON: Hi, this is Erik for ExpertVillage.com. Today, we will be talking about how to buy vehicles here at Inland Empire Auto Center. Well, as far as a dependable vehicle, there's no price range on it as far as what you're can expect. There's anything from $3,000 to $6,000. It just depends on how much you--how much is in your budget. Now, vehicles on the street value are pretty much running between $3,000 to $5,000 because that's what people pretty much want to sell the vehicles for a private party. In a dealership, you'll find vehicles a little more over $700 or $800 price range because of the financial terms, you know, pretty much for affordable budgets. How to finance a vehicle is you pretty much apply in person, apply for an application with credit based on your credit experiences in the past, future--anything from credit cards to student loans to anything from medical bills that show up on your credit. Is what's going to pretty much reflect your financing opportunities as far as the finance will be. Anyone can come in to find a vehicle in here. Sometimes drivers license are required. But there's very many cases where drivers license is--we could bypass that with a second driver, a second driver that will actually drive the vehicle and the purpose owner of not pretty much--the owner not having a driver's license. He doesn't need to have a driver's license as long as he's a buyer."