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If you're in the market for buying a used car, heed this advice: Never, ever purchase one until you know its full history. To find that information, all you have to do is look up the car's vehicle...
The Basics of Buying a Used Car From a Private Party. Some risk is always involved in buying a used car from a private party because you don’t have as much recourse if the car turns out to be a ...
“If your car is debt-free, the optimal time to sell your car is usually before its factory warranties expire, which for most new car warranties is at 36,000 miles or three years, and for ...
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.
Upon paying the claim, the insurer may offer to return the vehicle to the owner as an insurance buy-back, in which case the owner is responsible for having the repairs made and having the car inspected by a State-designated facility. Depending on the state, this inspection may remove the salvage brand from the vehicle's title. [8]
When a car is sold from one owner to another, the title must be transferred to the new owner. This is achieved by requesting approval by the state DMV. When the vehicle title is lost, the owner on record may replace the lost title by completing an application with the state that issued the current title.
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