USEDCARS.CA is a parked
AD site. USEDCARS.COM is an online used car site
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USEDCAR
- A used car, also known as a pre-owned vehicle and second hand
car, is a vehicle that has previously had one or more owners.
Used cars are sold through a variety of
outlets, which include franchise and independent dealers, rental car
companies, leasing companies, and used car
superstores.
Some car retailers
offer "no-haggle prices," and "certified" used cars, and extended service
plans or warranties. Individuals can also sell and purchase used cars
through resources, such as newspaper and online classifieds.
We recommend that consumers consider a car
retailer’s reputation when deciding where to purchase a used car.
Get recommendations from friends, relatives and co-workers, or contact your
local consumer protection agency to obtain information about reputable car
dealers or retailers.
Consumers can also ask for a reputable automobile salesman. Successful
salespersons will help find a suitable car for a customer for a good price.
From a career standpoint, margins can be higher on used vehicles because
they are somewhat less of a commodity, though facilities in new car dealers
are typically the newest.
The Federal Trade Commission's Used Car Rule requires dealers to post
a Buyers Guide in every used car they offer for sale. The Buyers Guide must
tell you:
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whether the vehicle is being sold "as is" or
with a warranty;
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what percentage of the repair costs a dealer
will pay under the warranty;
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that spoken promises are difficult to
enforce;
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to get all promises in writing;
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to keep the Buyers Guide for reference after
the sale;
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the major mechanical and electrical systems
on the car, including some of the major problems you should look out for;
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to ask to have the car inspected by an
independent mechanic before you buy.
Used cars may be bought from many different
outlets
New car dealer. They may have obtained some cars at a very low trade-in
price.
Used car dealer
Private party
Auction
Rental car dealers
Used vehicle history reports
An estimated 34-percent of consumers are buying vehicle history reports
for used cars more frequently, partially in reaction to the number of
vehicles that may have been damaged by flooding during hurricanes. Vehicle
history reports also help consumers avoid various types of auto fraud, such
as odometer fraud. About 30-percent of manufacturer franchise dealers
provide vehicle history reports to customers at no additional cost. In
addition, some car retailers, such as CarMax, offer vehicle history reports
for their inventory at no charge to customers. Consumers can also purchase
vehicle history reports online through companies like AutoCheck and
Carfax.com.
Researching, selecting and purchasing used cars online
Consumers are increasingly researching, selecting and purchasing used
vehicles online. Nearly a quarter of used-auto shoppers (22-percent) bought
a vehicle found online, meaning that they selected the car online but then
had to meet with the dealer or seller in person to finalize paperwork and
pick up the car.
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