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Transmission issues are common in cars with high mileage, such as used cars and can cost anywhere from $300 to $2,000, according to Deege Carse, director at Trackershop, a supplier of GPS trackers ...
While used cars may be plagued with the same problems that beset new vehicles, used vehicles may also have been abused, improperly maintained or poorly repaired, been unprofessionally rebuilt after a collision or tampered with in some manner to conceal high mileage, mechanical defects, corrosion or other damage.
The paper's findings have since been applied to many other types of markets. However, Akerlof's research focused solely on the market for used cars. Akerlof's paper uses the market for used cars as an example of the problem of quality uncertainty. It concludes that owners of high-quality used cars will not place their cars on the used car market.
The Oldsmobile diesel engine was one of the first attempts by a US car maker to produce a diesel engine, a result of the 1973 oil crisis and the increasing success of European car makers, mainly Mercedes-Benz and Volkswagen, selling diesel cars on the US market. It was used not only in Oldsmobile cars, but in cars of other General Motors US ...
June is the worst month to buy a used car, with 30.4% fewer deals than average. May (-27.8%) and July (-22.5%) are also tough months for bargain hunters. And bad news for fathers hoping for some ...
[72] [73] [3] In most cars, fully applied brakes are easily capable of stopping the car while the accelerator pedal is also fully applied. [17] "Pumping the brakes" is strongly discouraged during an unintended acceleration event, as this can lead to a loss of braking power. [74] Unresponsive (entrapped) pedals can be avoided by using car mat ...
On March 31, GM announced it was going to recall over 1.5 million more cars of six different models, due to faulty power steering. Of these, over 1.3 million were in the United States, and three of the models were also involved in the faulty ignition recall. The total number of cars recalled during 2014 as of 1 April was 6.26 million. [6]
Use of cars for transportation creates barriers by reducing the landscape required for walking and cycling. It may look like a minor problem initially but in the long run, it poses a threat to children and the elderly. Transport is a major land use, leaving less land available for other purposes. Cars also contribute to pollution of air and water.