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A certified used car, often called a certified pre-owned vehicle or CPO, offers the best of both worlds: a promise of reliability and a warranty combined with a lower price than a new vehicle.
A certified pre-owned car or CPO [citation needed] is a type of used car.It is also used in references to guns and phones. The term "certified pre-owned was conceived by corporations [citation needed] in order to find a more favorable alternative to marketing products as 'used,' which causes purchasers to impose their cognitive biases associated with 'used' items onto prospective purchases.
Buying a used car comes with pros and cons. The biggest pro is the cost savings compared to buying a new vehicle, but the potential con is that it may be prone to more issues. Check Out: 5 2025 ...
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.
At the commencement of the agreement, the balloon payment is planned to be less than the value of the vehicle at the end of the term, creating equity that may be used as a deposit on another vehicle purchase. That the balloon payment is planned to be less than the value of the vehicle is not guaranteed does not always occur.
Find out if the car you want to buy is certified pre-owned (CPO). There are several benefits to buying a car with this designation. “The main benefits of certified pre-owned vehicles are two-fold.
The Anti Car Theft Act of 1992 specified that the information within NMVTIS be available to federal, state, and local law enforcement officials, insurance carriers, and other prospective purchasers (e.g., individuals, auction companies, and used car dealers). By making this information available across jurisdictions, forms of title fraud such ...
There was a new international agreement in 1998 whose objectives were to improve global safety, decrease environmental pollution and consumption of energy and improve anti‐theft performance of vehicles and related components and equipment through establishing global technical regulations (GTRs) in a Global Registry based on UNECE Regulations ...
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