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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 ...
As of 2024, there were just 11.4 million used cars 6 years old or newer available to buy at dealerships — a drop in 4.1 million from the 15.5 million used cars available in 2022.
Steps to buying a car from a private seller. Buying a used car from a private seller may be more complicated than purchasing a certified pre-owned used vehicle from a dealership. Although both ...
Over 85% of new cars and half of used cars are financed (as opposed to being paid for in a lump sum with cash). There are two primary methods of borrowing money to buy a car: direct and indirect. A direct loan is one that the borrower arranges with a lender directly. Indirect financing is arranged by the car dealership where the car is purchased.
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.
That classic new car smell comes with a hefty price tag -- especially now that the average price of a new car is nearing $50,000. Fortunately, budget-conscious shoppers can find great deals on used...
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