Below, we have an example of what is a not a good deal on a nice old car. There is no way this 1998 Chevy Malibu with 87,000 miles, as clean as it looks (and I LOVE a well maintained older car) should cost $6,500! We had a 2005 Malibu Classic and it was a very "meh" vehicle at best. I always recommend researching prices and interest rates before you go to purchase ANY vehicle so you don't get ripped off.
For comparison sake: I paid less than this for my 2004 Bravada a few years back, and it had similar mileage on it at the time.
Scroll down to see more of my thoughts I wrote on this.
My Olds Bravada for $3,700 when it only had 88,000 miles on it was a far better deal. Research Kelley Blue Book (KBB) values before you purchase a vehicle as well so you know if you're buying it for far more than its worth, as well as a glimpse at what average prices and resale values are. And remember: in today’s increasingly virtual world, nothing is a full replacement for a test drive and getting an in-person understanding for the vehicle yourself!
Do also note that if you plan to keep and fix up the car for a longer period of time, like I tend to do, then its less of a big deal what the resale value is. Especially if its a significantly older car.
KBB Website: https://www.kbb.com/
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