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Invoice price (sometimes referred to as "dealer cost") is the price that appears on the invoice that the manufacturer sends to the dealer when the dealer receives a car from the factory. Please note, however, that this price is almost always higher than the amount the dealer actually ends up paying to the manufacturer.

Less wear and tear. We want to stress that this is only theoretically true; even a car with very low mileage can turn out to be a total beater if it hasn't been cared for properly. But all else being equal, lower miles mean you can expect a longer life from most components, which helps keep ownership costs down.

Unfortunately there's no single place to find the best deal on a used car. To find the best car for the best price, you'll have to shop around and do some research. Dealerships, auctions, and the internet are all popular places to find good used cars. If you have a specific car in mind, compare models from each location. Be sure to test drive both

As a rule of thumb, the average car will rack up 20,000 km per year ﾗ the distance manufacturers use to determine standard warranty coverage. A seven-year-old model should have 140,000 to 150,000 km on the odo. If it has traveled considerably more, deduct cash for high mileage. The ideal answer is yes.

Two- and three-year-old used vehicles are often the best values. Not only is the price lower than a comparable new car's, but continuing ownership expenses such as collision insurance and taxes are lower, and a two- or three-year-old used vehicle has already taken its biggest depreciation hit.