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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.
Trading in your car to buy another vehicle may work better at certain points of the year than others, depending on the year, make and model of your vehicle. As Fix explained it, weather conditions ...
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A "rough trade-in" is an industry term for a vehicle with significant exterior or interior damage that an owner wants to trade in. This damage might require extensive repairs or restorations to ...
Since most states have requirements for a dealer to warranty or even guarantee a used vehicle for a certain amount of time and or mileage if sold to the public at a certain price, [10] a dealer must make a profit selling the previously traded car (now a used car). Trade-in value is an important facet of the car deal.
Consignment is a process whereby a person gives permission to another party to take care of their property and retains full ownership of the property until the item is sold to the final buyer. [1]