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  2. Personal contract purchase - Wikipedia

    en.wikipedia.org/wiki/Personal_contract_purchase

    If the owner defaults on the payments, the finance company has the legal right to repossess the vehicle. At the end of the agreement, the customer either pays the balloon payment and takes full ownership of the vehicle, or the vehicle is returned to the finance company without any further liability. [1]

  3. Understanding taxes when buying and selling a car - AOL

    www.aol.com/understanding-taxes-buying-selling...

    If you spend $7,000 on a car and an additional $1,000 on improvements, but you sell the car for $7,000, it's considered a capital loss, and you don't need to pay tax on the sale.

  4. What happens to insurance when you sell your car? - AOL

    www.aol.com/finance/happens-insurance-sell-car...

    Prepare your car. First impressions matter when selling a car. Start by deciding how you plan to sell your car. Options include a trade-in, private sale, dealership or car buying website. Then ...

  5. Car dealerships in the United States - Wikipedia

    en.wikipedia.org/wiki/Car_dealerships_in_the...

    For example, a bank may give a wholesale money rate of 6.75% and the dealer may give the consumer an interest rate of 7.75%. The bank would then pay the dealer the difference or a portion thereof. This is a regular practice because the dealership is selling the contract to a bank just like it sold a car to the customer.

  6. Selling your car to a dealer: What you need to know - AOL

    www.aol.com/finance/selling-car-dealer-know...

    CarGurus shares what to know about selling your car to a dealer and how it compares with selling your car online or privately.

  7. Autotrader.com - Wikipedia

    en.wikipedia.org/wiki/Autotrader.com

    Autotrader.com, Inc. is an American online marketplace for car buyers and sellers, founded in 1997. It aggregates new, used, and certified second-hand cars from dealers and private sellers. The site also provides users with automotive reviews, shopping advice, and comparison tools for car financing and insurance information. [1]

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