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As falling used car prices give buyers a break, you might be planning to visit a local car dealer or browse used cars online. Before making a purchase, make sure you're not falling for a scam ...
It also requires dealers to provide the actual price any consumer has to pay for the vehicle, requires them to disclose that additional items like extended warranties aren’t mandatory, and ...
Dealer invoice cost is a common benchmark for negotiating the price of a new car, but there’s no such thing as a dealer invoice price for used cars. Since dealers can get cars from a variety of ...
Since most states have requirements for a dealer to warranty or even guarantee a used vehicle for a certain amount of time and or mileage if sold to the public at a certain price, [10] a dealer must make a profit selling the previously traded car (now a used car). Trade-in value is an important facet of the car deal.
Used car pricing reports typically produce three forms of the pricing information. Dealer or retail price is the price expected to pay if buying from a licensed new-car or used-car dealer. Dealer trade-in price or wholesale price is the price a shopper should expect to receive from a dealer if trading in a car.
The scope and duration of automotive warranties can vary significantly, but they generally cover areas such as: bumper-to-bumper warranty, powertrain warranty, corrosion warranty, emissions warranty and others. [2] There is also an "extended car Warranty" also known as a "service contract" which is purchased separately.
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