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  2. 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.

  3. Shotgun clause - Wikipedia

    en.wikipedia.org/wiki/Shotgun_clause

    A shotgun clause (or Texas Shootout Clause [1]) is a term of art, rather than a legal term. It is a specific type of exit provision that may be included in a shareholders' agreement, and may often be referred to as a buy-sell agreement. The shotgun clause allows a shareholder to offer a specific price per share for the other shareholder(s ...

  4. Should you sell your car yourself? - AOL

    www.aol.com/sell-car-yourself-150000843.html

    In order to know if you should sell your car yourself, you have to understand what other options are available. For most people, these are: Sell yourself (also known as a private sale)

  5. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    Auriga Capital Corp), [20] parties to an LLC remain free to expand, restrict, or eliminate fiduciary duties in their LLC agreements (subject to the implied covenant of good faith and fair dealing). [21] Under 6 Del. C. Section 18-101(7), a Delaware LLC operating agreement can be written, oral or implied.

  6. Personal contract purchase - Wikipedia

    en.wikipedia.org/wiki/Personal_contract_purchase

    Unlike a traditional hire purchase, where the customer repays the total debt in equal monthly instalments over the term of the agreement, a PCP is structured so that the customer pays a lower monthly amount over the contract period (usually somewhere between 24 and 48 months), leaving a final balloon payment to be made at the end of the ...

  7. 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.

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