Ad
related to: trading used car for another vehicle owner is called a service plan
Search results
Results From The WOW.Com Content Network
If the owner defaults on the payments, the finance company has the legal right to repossess the vehicle. At the end of the agreement, the customer either pays the balloon payment and takes full ownership of the vehicle, or the vehicle is returned to the finance company without any further liability. [1]
For premium support please call: 800-290-4726 more ways to reach us
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.
In addition to the vehicle title, lenders often also require the borrower to provide a set of keys for the car and/or purchase a roadside service plan. Car title loans frequently involve high interest rates, a short time to repay the loan (often 30 days), and a loan amount less than the car's monetary worth. The borrower also risks losing the ...
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 ...
For premium support please call: 800-290-4726 more ways to reach us
An extended warranty, sometimes called a service agreement, a service contract, or a maintenance agreement, is a prolonged warranty offered to consumers in addition to the standard warranty on new items. The extended warranty may be offered by the warranty administrator, the retailer or the manufacturer.
Negotiate: If you plan to trade your car in at a local dealership, be prepared to negotiate with a salesperson. They’ll try to get the best deal possible to make a profit when they sell the car ...