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The Benefit of Buying a Used Car. The advantages of buying a used car extend beyond the sale price and potentially lower payments. Your new-to-you vehicle should depreciate less than a brand-new ...
There are plenty of good reasons to purchase a used car, truck, or SUV instead of buying a new vehicle.Chief among them is being able to avoid the dreaded D-word—depreciation—but you can also ...
Honda Accord. Chris Estrada, CEO of Nationwide United Auto Transport, recommends buying a used Honda Accord this season. “This car is known for exceptional reliability and fuel efficiency,” he ...
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.
The market began in the 1970s when used Ferraris were exported to Italian exotic car dealers in the United States who were willing to buy every vehicle which they were offered. During the 1973 oil crisis (when prices of exotic cars plummeted rapidly), almost new and top-of-range models frequented in used car lots, a Lamborghini Miura could be ...
In January 2011, TrueCar released ClearBook, a used vehicle index that analyzes the used car market in the same way TrueCar did for new cars. [13] [14] In May 2011, TrueCar acquired News Corp-backed Honk.com, a social car shopping platform. [15] In late 2011, TrueCar launched a television advertising campaign with commercials promoting its ...