$500 Down Payment Cars Austin Tx Used Cars

6 min read Jul 03, 2024
$500 Down Payment Cars Austin Tx Used Cars

$500 Down Payment Cars in Austin, TX: A Guide to Affordable Used Cars

Are you looking for a reliable used car in Austin, TX with a low down payment? You're in luck! We've got you covered. In this article, we'll explore the options available for $500 down payment cars in Austin, TX, and provide you with a list of used cars that fit your budget.

Why Choose a $500 Down Payment Car?

A $500 down payment car can be a great option for those who are on a tight budget or have less-than-perfect credit. With a lower down payment, you can get behind the wheel of a reliable used car without breaking the bank. Additionally, a lower down payment can also mean lower monthly payments, making it easier to fit into your budget.

Where to Find $500 Down Payment Cars in Austin, TX

There are several dealerships and online marketplaces where you can find $500 down payment cars in Austin, TX. Here are a few options to consider:

  • Dealerships: Visit local dealerships in Austin, TX that offer in-house financing or special financing options for people with bad credit. Some dealerships may have a selection of used cars that can be purchased with a $500 down payment.
  • Online Marketplaces: Websites like Cars.com, Autotrader.com, and Craigslist.org often have listings for used cars in Austin, TX. You can filter your search by price, make, model, and down payment to find cars that fit your budget.
  • Buy Here Pay Here (BHPH) Lots: BHPH lots specialize in selling used cars to people with bad credit or no credit. They often offer financing options with low down payments, including $500.

Used Cars Available with a $500 Down Payment in Austin, TX

Here are some used cars that may be available with a $500 down payment in Austin, TX:

Sedans

  • 2012 Toyota Corolla: With a price tag of around $8,000, the 2012 Toyota Corolla is a reliable and fuel-efficient sedan that can be purchased with a $500 down payment.
  • 2015 Honda Civic: The 2015 Honda Civic is another popular sedan that can be found with a $500 down payment. Prices start at around $10,000.

SUVs

  • 2009 Chevrolet Equinox: The 2009 Chevrolet Equinox is a compact SUV that can be purchased with a $500 down payment. Prices start at around $6,000.
  • 2011 Ford Escape: The 2011 Ford Escape is a reliable and spacious SUV that can be found with a $500 down payment. Prices start at around $7,000.

Trucks

  • 2007 Chevrolet Silverado: The 2007 Chevrolet Silverado is a rugged and reliable truck that can be purchased with a $500 down payment. Prices start at around $8,000.
  • 2010 Ford F-150: The 2010 Ford F-150 is another popular truck that can be found with a $500 down payment. Prices start at around $9,000.

Tips for Buying a $500 Down Payment Car

Before making a purchase, make sure to:

  • Check the car's history: Use services like Carfax or AutoCheck to get a detailed report on the car's ownership history, accidents, and any major repairs.
  • Get a vehicle inspection: Have a mechanic inspect the car to identify any potential issues.
  • Read the fine print: Carefully review the financing terms and conditions to ensure you understand the total cost of ownership.

By following these tips and doing your research, you can find a reliable used car in Austin, TX with a $500 down payment that fits your budget and meets your needs.

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