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The average cost of a used car is $26,510, according to Kelley Blue Book. While this is significantly less than what you can expect to pay for a new vehicle, it's still not exactly cheap. And with ...
In an iffy time to buy a vital car, ... buyers poured into the pre-owned market looking for deals. That perfect storm led to an inflated used market in which some old vehicles are selling for more ...
The Safest, Most-Reliable Cars that Retain the Most Value Based on iSeeCars Analysis
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.
A certified pre-owned car or CPO [citation needed] is a type of used car.It is also used in references to guns and phones. The term "certified pre-owned was conceived by corporations [citation needed] in order to find a more favorable alternative to marketing products as 'used,' which causes purchasers to impose their cognitive biases associated with 'used' items onto prospective purchases.
In the used car market in the United States and Canada, buy here, pay here, often abbreviated as BHPH, refers to a method of running an automobile dealership in which dealers themselves extend credit to purchasers of automobiles. [1] Typically, purchasers of cars at BHPH dealerships have poor credit history, and loans have high interest rates. [1]
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