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How to buy a car for under $1,000




              By:
            @KevinFox
Now you can spend $1k on...
... for today's purposes
“People often overlook some of the best features
   that a vehicle has to offer merely because it
  looks different than the most popular cars on
                    the road,”
    - Mark Simmons, purchasing manager for
                     CarMax.
You may be thinking....




No way can I get something decent....
But you are wrong!




Of course decent is relative, we are talking $1,000
                  or less here...
A word on New Vs. Used
●   Depreciation
●   Costs
●   Warranty
●   Condition
●   Insurance
●   History
●   Reliability
●   At the end of the day...
Let's get to it
●   Getting Started
    –   Craigslist.org (go local!)
         ●   portland.craigslist.org/car
         ●   search by price (aim high, you can bargain!)
    –   Ebay is less helpful for cheaper cars but worth
        a look sometimes
Sorting through it all
●   What to look for
    –   Minivans (not just for soccer moms... for realz)
    –   Compacts (with gas prices these just make sense)
    –   Boxy Cars (cars do not have to look like jelly beans)
●   What not to Look For
    –   Exotic Foreign Cars (especially with high mileage)
    –   Anything Broke down (the car has to run, no rollers)
    –   Stay away from dealerships (umm ya....)
Look for keywords...
●   easy project car = completely disassembled,
    bring many boxes
●   only 59,000 miles = actually 359,000 miles
●   rare model = one of 500,000 made
●   must sell = before law finds seller
●   only driven Sundays = Sunday is race day
●   trans. rebuilt = fine sawdust used to make it
    quiet
●   family owned = driven by 6 teenagers
Apply the Rules
●   Search local, by price
    –   Check Mailing lists / Forums
●   Do not ever pay over $1,000
    –   Good tags for a while a plus!
    –   Do not leave a deposit
●   Car must run w/o need for maintenance
●   Stay away from dealerships
●   Always arrange a test drive and buy during day
    –   Loud knock from the engine is bad thing
I Did...
●   1989 Plymouth Voyager SE
    –   $700
    –   Good tags
    –   Runs Great
    –   218k Miles
It has been great
●   Road trip to Reno AND back
    –   Now has 232k
●   Good gas mileage
●   Cheap Insurance
●   12 second quarter mile?
●   People love a family man...
What is out there now
●   Always lots to choose from on Portland
    Craigslist
    –   1991 Chevrolet Blazer S-10, 4.3L V-6, 4x4 - $550
    –   1989 Chevy Astro Van - reduced price - $800
    –   1988 LeBaron Coupe - $900
    –   1991 VW Jetta - $850
●   I even found a few gems when I visited Tulsa...
    –   1990 Chevy Astro Van w/ TV and A/C - $1000
    –   1993 Mazda 929 - $800
Example #1
●   An example of a good boxy car
●   The 4.3L V6 is a good, reliable motor (same as Astro Van)
●   Some actual maintenance records are posted
●   Easy to contact
●   http://portland.craigslist.org/mlt/car/715692649.html
Example #2
●   The Vans...
    –   Voyager/Caravan
    –   Astro Van/Safari (AWD)
    –   Windstar
    –   Conversion Vans
Example #3
●   True American luxury people
●   $900 w/ new tires and turbo motor!!
●   http://polybushings.com/pages/LeBaron1.html
●   Found this on a list.... definite plus
Example #4
●   $850 Jetta
●   Tags good till 09
●   Decent tires
●   35mpg+
●   Would also suggest
    –   Volvo
    –   Mercedes Diesel
    –   Porsche?
What I like...
●   The hunt
●   Good People / Stories
●   4x4 or AWD for the mountain
●   Lots of leg room
●   A/C for the summer... or convertible
●   Cop Car
●   Possible Veggie Oil conversion
Resources out there...
●   Mailing Lists
    –   NW-SDAC
         ●   For enthusiasts of Dodge vehicles inspired by Carol
             Shelby
    –   Check Google for your favorite brand/car
         ●   Lots of online communities out there to help
●   Forums
    –   Volvo
         ●   IPD Website
         ●   VolvoSpeed.com
The End...

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How to Buy a Car for $1,000 - IgnitePortland 3

  • 1. How to buy a car for under $1,000 By: @KevinFox
  • 2. Now you can spend $1k on...
  • 3. ... for today's purposes “People often overlook some of the best features that a vehicle has to offer merely because it looks different than the most popular cars on the road,” - Mark Simmons, purchasing manager for CarMax.
  • 4. You may be thinking.... No way can I get something decent....
  • 5. But you are wrong! Of course decent is relative, we are talking $1,000 or less here...
  • 6. A word on New Vs. Used ● Depreciation ● Costs ● Warranty ● Condition ● Insurance ● History ● Reliability ● At the end of the day...
  • 7. Let's get to it ● Getting Started – Craigslist.org (go local!) ● portland.craigslist.org/car ● search by price (aim high, you can bargain!) – Ebay is less helpful for cheaper cars but worth a look sometimes
  • 8. Sorting through it all ● What to look for – Minivans (not just for soccer moms... for realz) – Compacts (with gas prices these just make sense) – Boxy Cars (cars do not have to look like jelly beans) ● What not to Look For – Exotic Foreign Cars (especially with high mileage) – Anything Broke down (the car has to run, no rollers) – Stay away from dealerships (umm ya....)
  • 9. Look for keywords... ● easy project car = completely disassembled, bring many boxes ● only 59,000 miles = actually 359,000 miles ● rare model = one of 500,000 made ● must sell = before law finds seller ● only driven Sundays = Sunday is race day ● trans. rebuilt = fine sawdust used to make it quiet ● family owned = driven by 6 teenagers
  • 10. Apply the Rules ● Search local, by price – Check Mailing lists / Forums ● Do not ever pay over $1,000 – Good tags for a while a plus! – Do not leave a deposit ● Car must run w/o need for maintenance ● Stay away from dealerships ● Always arrange a test drive and buy during day – Loud knock from the engine is bad thing
  • 11. I Did... ● 1989 Plymouth Voyager SE – $700 – Good tags – Runs Great – 218k Miles
  • 12. It has been great ● Road trip to Reno AND back – Now has 232k ● Good gas mileage ● Cheap Insurance ● 12 second quarter mile? ● People love a family man...
  • 13. What is out there now ● Always lots to choose from on Portland Craigslist – 1991 Chevrolet Blazer S-10, 4.3L V-6, 4x4 - $550 – 1989 Chevy Astro Van - reduced price - $800 – 1988 LeBaron Coupe - $900 – 1991 VW Jetta - $850 ● I even found a few gems when I visited Tulsa... – 1990 Chevy Astro Van w/ TV and A/C - $1000 – 1993 Mazda 929 - $800
  • 14. Example #1 ● An example of a good boxy car ● The 4.3L V6 is a good, reliable motor (same as Astro Van) ● Some actual maintenance records are posted ● Easy to contact ● http://portland.craigslist.org/mlt/car/715692649.html
  • 15. Example #2 ● The Vans... – Voyager/Caravan – Astro Van/Safari (AWD) – Windstar – Conversion Vans
  • 16. Example #3 ● True American luxury people ● $900 w/ new tires and turbo motor!! ● http://polybushings.com/pages/LeBaron1.html ● Found this on a list.... definite plus
  • 17. Example #4 ● $850 Jetta ● Tags good till 09 ● Decent tires ● 35mpg+ ● Would also suggest – Volvo – Mercedes Diesel – Porsche?
  • 18. What I like... ● The hunt ● Good People / Stories ● 4x4 or AWD for the mountain ● Lots of leg room ● A/C for the summer... or convertible ● Cop Car ● Possible Veggie Oil conversion
  • 19. Resources out there... ● Mailing Lists – NW-SDAC ● For enthusiasts of Dodge vehicles inspired by Carol Shelby – Check Google for your favorite brand/car ● Lots of online communities out there to help ● Forums – Volvo ● IPD Website ● VolvoSpeed.com