jackson, MS cars & trucks "by owner" - craigslist (2024)

FAQs

What percentage of 3361 car owners said they would be willing to spend over MSRP? ›

A new survey commissioned by Quantrell Auto Group of 3361 car owners found that over a third of them (35 percent) said they had purchased a vehicle they hadn't intended to when they started shopping. The other 65 percent said they would be willing to spend up to 39 percent over MSRP. Thirty-nine percent.

Some vehicles still sell above MSRP.

Still, on specific models, you'll need to guard against any dealers treating a short supply of cars like a winning lottery ticket. Many continue to tack on thousands of dollars in dealer markups to the manufacturer's suggested retail price (MSRP).

Market conditions often determine vehicle prices. During periods of high demand and limited supply, it's not uncommon to find dealerships that charge over the Manufacturer's Suggested Retail Price (MSRP).

There's no absolute number of miles that is considered too high for a used car. But consider 200,000 as an upper limit, a threshold where even modern cars begin to succumb to the years of wear and tear.

According to Autotrader, the best used vehicle should be between four and six years old, and have less than 50,000 miles. But you'll also want to consider how the owner drove the car, whether it was mainly driven in the city, highway or a mix — and how well the car was maintained.

You can likely get the most money for your car by selling it privately. This is because you're selling to the next owner directly instead of through a middleman like a dealership or car buying website.

How do you tell if a used car is worth it? ›

An estimated 31% of new vehicles were sold above MSRP last month, according to a joint forecast from J.D. Power and LMC Automotive. That's down from a high of 48% in July. On average, new autos are priced 8.8% above MSRP, according to the iSeeCars report.

We said market value because the car market is volatile: A fair price could be $5,000 off MSRP if it's a vehicle that an automaker is having trouble moving or has been sitting for a long time; but, $10,000 over MSRP could also be a fair price if a specific model is in high demand.

On average, you might expect to negotiate a discount of around 5% to 10% off the MSRP, but this can vary widely. It's important to research and be prepared to negotiate to get the best deal when purchasing a vehicle. Additionally, promotions, incentives, and financing offers can also affect the final price you pay.

In general, however, you can expect to negotiate anywhere from 3% to 10% off the sticker price of the car. Your car purchase negotiation strategy should be based on your circ*mstances. If you're not comfortable haggling over price, then it's probably best to avoid negotiating and take the sticker price.