Why shouldn't I purchase this car?

I just saw a 1996 Honda Civic for $2,996.00 with 89,000 mi on it. I'm planning to purchase it from a reputable dealership, I did background check on the car and it had one minor accident from someone hitting the left rear bumper. No odometer changes, no other accode ts, no issues in any other place. I looked at the car and it is in very good condition. I drove it doesn't have any issues thus far. I also plan on getting it a thorough inspection tocmake sure all is in good condition by my mechanic.

Aside from my mechanic's inspection so far everything checks out with it. Is there any reason people aren't jumpinf at the chance to buy up these low mileage cars? Is it because they are old and people just want to keep up with Joneses? I mean it's a clean car with low miles, 31 mpg. Can't imagine why someone wouldn't purchase a car like this aside from the aforementioned.

I'm saving up for my house and so I don't want to add a car payment to my debt, in fact I would like to stay away from debt as much as possible. I just need something for work and possibly just drive to my friends' houses.

Make sure they do not screw you in the finace office, when buying a new car, read everything the small print, ask questions what are you paying for. They will charge you 4000 dollors, and not tell you.

I'm suspicious of the low mileage. Unless it was owned by an old lady who didn't get out much, that seems… Unreasonably low. My wife's car, which was made in '08, already has more miles than that. But if you get it looked at and your mechanic signs off, I can't think of any reason not to buy it. Some late-'90s Hondas had transmission problems, though, so be aware of that.

Dealers buy cars like this during tax time to be sold as "cash cars". No lender will ever consider financing a 20 year-old Civic. Consumers don't usually jump on cars this old due to service and repair costs associated with owning an older vehicle. Although it would be fairly easy to find parts for a Civic this old, some cars may be more difficult. This scares away many shoppers. Last, but not least, 88% of people who go to dealerships finance or lease. There are very few cash deals, and even then, they're on much newer vehicles.

A 20 year old Honda for $3000? What a waste of money.

People are afraid of buying a 20 year old car to use as their primary vehicle. This one does sound like a good deal, as long as your mechanic gives an ok. My daughter drove a Civic for 14 years without any problems, then gave it to her niece. If the niece hadn't been hit by a truck, it would still be going strong. As a matter of fact, the niece is looking of another Civic to buy. Civics are terrific cars. Good for about 250,000 miles.

If your mechanic checks it out OK and you pay the price you want in CASH then there's a reasonable chance you'll get a year or two out of it. With low mileage cars beware of body rot (rust) ans seal damage. There will be other issues, there always are, but it will last until it breaks.

Can you be sure the miles are correct?

Most people would assume its 189,000.

There's a simple reason why this car isn't selling. It's overpriced. A 1996 Civic even with low miles is only worth about $1500-$1750.

It's a 20 year old Civic. It's way overpriced. You're giving the guy $1,000 for his holiday fund.
You won't be "adding a payment" to your finances. This car will be folding stuff or nothing.

Great car, great price. Go!