Edmunds.com Launches Debt-Free Car Project by Adding $3,800 Used Lexus to Long-Term Test Fleet

pan>)--Edmunds.com, the premier online resource for automotive information, has
launched The Debt-Free Car Project, which aims to assure car buyers
that they can find a reliable used
car for under $5,000 without the burden of monthly payments. Last
month, Edmunds.coms consumer advice editors purchased a 1996
Lexus ES300 for $3,800, and over the next year they will document
the vehicles performance as part of the companys long-term
car test fleet.
“Not everyone has the credit or steady income to afford monthly car
payments, so its important to show consumers that they can find a
dependable used car for just a few thousand dollars up front”
Not everyone has the credit or steady income to afford monthly car
payments, so its important to show consumers that they can find a
dependable used car for just a few thousand dollars up front, says
Edmunds.com Consumer Advice Editor Ronald Montoya. We were determined
not to buy a beater that would have us visiting a mechanic every month
and, like any car buyer, we wanted a car that we would not be ashamed to
drive.
Edmunds.coms consumer advice editors used online resources to find the
Lexus at an independent car dealer in Pasadena, CA. The forest green
ES300 had 135,000 miles on the odometer and a vehicle history report
showed a clean accident record and multiple service visits to a Lexus
dealer. After back-and-forth negotiations, the dealer agreed to sell the
vehicle for $3,800 out the door. For the full blow-by-blow of
Edmunds.coms shopping and negotiating process for the 1996 Lexus ES300,
please visit http://www.edmunds.com/car-buying/the-debt-free-car-project.html.
Edmunds.com editors will track the cars fuel, maintenance and repair
costs, as well as their anecdotal experiences while driving the car on a
daily basis. Theyll drive to and from work, run errands around town and
take long road trips with a goal driving it 15,000 miles in the next
year. Readers can track the vehicles progress on Edmunds
InsideLine.coms award-winning Long
Term Road Tests blog.
The Debt-Free Car Project is just the latest example of Edmunds.com
practicing what it preaches. Editors will use the same strategies
advocated in a piece published earlier this year that advises consumers
How to Buy and Maintain a Very Inexpensive Car at http://www.edmunds.com/car-buying/how-to-buy-and-maintain-a-very-inexpen....
When buying any used car in any price range, its always important to
ask the seller all the right questions. Edmunds.com provides an outline
to make sure you hit all the right points with its Used Car Worksheet at http://www.edmunds.com/car-buying/used-car-worksheet.html.
About Edmunds.com,
Inc.
Edmunds.com, the premier online resource for automotive information,
launched in 1995 as the first automotive information Web site. Its
acclaimed mobile site, Edmunds.com
Android App and five-star Edmunds
iPhone and iPad apps make car pricing and other research tools
available for car shoppers at dealerships and on the go. Its automotive
enthusiast web site, InsideLine.com, is the most-read car
publication of its kind. Its highly regarded mobile site and iPhone app
features the wireless Webs most comprehensive gallery of automotive
photos and videos. Edmunds.com Inc. is headquartered in Santa Monica,
California, and maintains a satellite office in suburban Detroit. Follow
Edmunds.com on Twitter@edmunds
and fan Edmunds.com
on Facebook.

Information Source: Business Wire