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Here are five factors to consider before buying a warranty from a car dealership. ... Learn More: These 10 Used Cars Will Last Longer Than an Average New Vehicle. Terms and Conditions.
At the close of 2024, the average annual cost of owning a new car was $12,297, or about $1,025 per month, according to AAA. When you factor in fuel, insurance, maintenance and depreciation, it’s ...
With the average used car selling for $26,717 and the average buyer paying 11.4% interest for the privilege of financing it, previously owned vehicles are hardly the bargain they once were.
The scope and duration of automotive warranties can vary significantly, but they generally cover areas such as: bumper-to-bumper warranty, powertrain warranty, corrosion warranty, emissions warranty and others. [2] There is also an "extended car Warranty" also known as a "service contract" which is purchased separately.
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.
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