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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 ...
The Lexus CT200h isn’t an economy car (it’s a fancy Prius), but its combination of hybrid fuel economy, reliability, generous cargo space, and relatively unknown name makes it a good choice ...
If the dealer doesn't align with your financing needs, find a lender that does. What to read next Car insurance in America now costs a stunning $2,329/year on average — but here’s how 2 ...
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.
On average, a CarMax location employs 40 sales associates. Each car goes through a thorough 125-point inspection process, beyond any state-required inspections, and includes a 90-day warranty, three days to change the financing for free, and, 10-day money-back guarantee (reduced in 2024 from a 30-day money-back guarantee). [10] [11]
Automotive search engine iSeeCars.com released a 2022 analysis ranking used car prices in each state. This analysis notes that as of December 2022, the average one-to-five-year-old car cost about ...
Studies have shown that the average per-unit finance cost can be higher when financing through a dealership than independent lenders. For example, one study found that the price increased by $674 when dealer financing was used, potentially due to additional products or services (an average of 4.63 add-ons per deal) in the financing package. [4]
Dealers regularly try to attract customers with special discounts and credits, which are known in the industry as “incentives” like “no money down,” 0% financing, cash-back rebates and ...
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