Buying a Car Through Craigslist Could Save You $2,000

Until now, there haven't been detailed statistics showing exactly how much you could save. But thanks to a new site called Carsabi, we can now get a better understanding of the price differences.

Carsabi is a used car search engine that analyzes listings from Craigslist and other sources. They sort the prices and present the information in a simple and intuitive way.

According to Carsabi, the asking price of vehicles on Craigslist are about $2,000 less than similar vehicles listed with dealers. For example, the average difference for a Toyota Corolla is $2,854.

Craigslist has always been the best source for private party used car listings, however they make it difficult to find what you're looking for. Carsabi automatically filters and compiles that information to make it much easier to search. Note however, that Carsabi does not currently filter through 100% of the listings. Some of the information on Craigslist is impossible to analyze due to errors or misspellings by car owners.

Check out the full blog post on Carsabi to see the additional information they've gleaned from all the data.