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Dealers want to make as much money as possible on a sale, so expect to be peppered with opportunities to pay for extra-cost items, some of which may be worthwhile and some that aren't.
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.
Most car dealerships display their inventory in a showroom and on a car lot. Under U.S. federal law, all new cars must carry a sticker showing the offering price and summarizing the vehicle's features. [4] Salespersons, predominantly those who only work on commission, negotiate with buyers to determine a final sales price. In many cases, this ...
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]
The influx of older used cars is an optimistic sign for the industry, though. In the first quarter of 2022, the average used car trade-in was 7.9 years old; in the just completed quarter, it was 9 ...
The market began in the 1970s when used Ferraris were exported to Italian exotic car dealers in the United States who were willing to buy every vehicle which they were offered. During the 1973 oil crisis (when prices of exotic cars plummeted rapidly), almost new and top-of-range models frequented in used car lots, a Lamborghini Miura could be ...
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