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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 ...
Damage waiver (DW) or, as it is often referred to, collision damage waiver (CDW) or loss damage waiver (LDW) is a term that can be included or purchased as an option in a car rental agreement, by which the rental company waives the right to pursue compensation from the renter if the vehicle is damaged or stolen. [1]
Credit cards typically provide collision damage waivers when the cardholder uses their associated credit card to pay the costs of renting a car and waive the additional coverage at the rental counter.
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Most rental car companies offer insurance to cover damage to the rental vehicle. These policies may be unnecessary for many customers as credit card companies, such as Visa and MasterCard, now provide supplemental collision damage coverage to rental cars if the rental transaction is processed using one of their cards. These benefits are ...
I put a $2,500 emergency car repair on my credit card 2 years ago, but I have since lost my job — I now owe over $4,900 with interest of 25%. ... emergency car repair on my credit card 2 years ...
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.
If you’re buying from a car dealer or used car lot, you may have already found the best financing terms from an outside lender. But it doesn't hurt to inquire with the dealer about what they offer.