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A car at an auction, the sign in its window indicating that it is to be "sold as seen" For example, a seller of a used automobile sells it to a buyer, and puts into the contract of sale the statement: "The buyer accepts the automobile as is, with all faults." Two minutes after the buyer drives off with it, the car stalls, and the engine seizes.
“Selling a used car can take more than 60 days, not to mention the time to negotiate with buyers, and all the paperwork,” added Howard. “So, try to be patient and wait for the best offer to ...
If you want to sell a used car, you might be uncertain about whether the web is the best possible place to do it. You might wonder if your vehicle would make a better impression in person than online.
CarGurus offers options for selling a leased vehicle online, to a dealer, or to a private party.
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.
This option, but not the obligation, to acquire the car after a period equivalent to a contract hire is therefore packaged as either an option (in law) to purchase the car (a call option) at a 'set' price, or a right to sell the car (a 'put' option) at a set price after ownership is fully achieved from the final ‘balloon’ payment.
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