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  2. Cheap, pre-owned EVs are about to flood the market. Is ... - AOL

    www.aol.com/finance/cheap-pre-owned-evs-flood...

    The generous lease provisions of the federal EV tax credit allow for a $7,500 deduction for all leased vehicles, $7,500 for buying certain new EVs, and $4,000 for purchasing used EVs.

  3. Study: The Used Car Market Won’t Recover Until After 2025 - AOL

    www.aol.com/study-used-car-market-won-120015111.html

    According to the Jerry study, 2.4 million leased vehicles hit the used car market in 2020 — that number dropped to 1.2 million in 2021 and a mere 400,000 in 2022.

  4. Auto auction - Wikipedia

    en.wikipedia.org/wiki/Auto_auction

    Off-lease: vehicles returned to the financial institution at the end of a lease term. Closed auctions are usually the only venue for such financial institutions to dispose of a large volume of end-of-lease returns. The terms of a lease normally put a restriction on the number of miles driven, require regular maintenance, and penalize for ...

  5. Lease Buyout Title Transfer: Understanding the Process and ...

    www.aol.com/lease-buyout-title-transfer...

    These documents include the car title, lease buyer paperwork, bill of sale, and odometer statement. The lessor can do the title transfer paperwork on your behalf, but it may charge you a ...

  6. Used car - Wikipedia

    en.wikipedia.org/wiki/Used_car

    A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers , rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.

  7. Rent-to-own - Wikipedia

    en.wikipedia.org/wiki/Rent-to-own

    Lease purchase agreement (click to view pages) Rent-to-own, also known as rental purchase or rent-to-buy, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics, motor vehicles, home appliances, engagement rings, and real property, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during ...

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