Is the car under warranty? CPO vehicles come with a manufacturer’swarranty. This could significantly reduce your cost of owning the vehicle. But keep in mind that these cars are often priced higher because of this. On the other hand, a used car without any warranties can come with a lowe...
In another case, a person bought a used car online from a dealer without even seeing the car. It was delivered to their home. The car broke down the next day. The dealer says the warranty company should pay for the repairs. The warranty company says it was 'pre-existing' condition and...
After finding a 2011 Lexus on Craig's List Deanna Johnson called the owner, took it for a test drive, and plunked down $14,000. Two months later, a hissing noise led Johnson to discover the used car she bought had serious problems. "When they got it ...
Generally, extended warranty schemes are not worth the money: On average, paying for repairs out of pocket is less expensive than purchasing a plan that you may never use. Generally speaking, you’re better off opting for a model with a proven track record of reliability, or a certified pre...
TheFederal Trade Commission's Used Car Rulepopuprequires dealers to post a Buyers Guide in every used car they offer for sale. This Guide provides a great deal of information, including, but not limited to: Whether the vehicle is being sold as is or with a warranty ...
Ideally, before purchasing any used car, you should always do your research on extended warranty costs and options to avoid rash decisions while your pockets are full. Search about the warranty coverage costs since many of theseused car dealershipwarranty can cost you a few hundred to a few th...
In addition, CPO vehicles often have a warranty from the manufacturer. You can also buy a privateextended warrantyif you find a perfect ride that isn’t CPO. 3. Get preapproved for financing Before visiting the dealership or shopping for a vehicle from a private owner, considergetting an auto...
The reality is that all used cars are sold “as is,” whether by a private seller or a licensed dealerunlessthey come with a written warranty. Worse yet, the seller is not required by law to be honest about the condition of the vehicle. ...
May have better financingMay cost less to insure Will have the latest technologyHas already depreciated a great deal before you buy it Warranty The advantage ofbuying a new carvs. a used car is that new cars generally come with a warranty. The warranty should cover most major problems and ...
When to Buy a Used Car Warranty Here are key points to keep in mind when buying a used car warranty. Read More » Warren ClarkeJan. 3, 2025 Future Cars From electric sedans and sports cars to plug-in hybrid wagons, car buyers have more choices than ever before. Here are... Read...