Used Car Guru, Used Cars Now a Certified Threat to New Ones

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Used Car Guru, Used Cars Now a Certified Threat to New Ones - The new cars were once the owners of the destination. While used cars generate impressive levels of sound, watches, dials, and warranties, unlike phone calls, explosions, bans or signatures, are considered "offensive" when consumers do not want to buy a.

But it was time. Is now.

Used Car Guru

The terms used in the automotive industry, such as "certificate used" and "factory certificate used," were more prominent, indicating a high volume of sales.

"There is a large market for certified used car markets," says Tom Webb, an economist in the automotive vehicle auction sector, and "is growing."

"Builders know that many traditional buyers are thinking about used cars," said Joe Spina, an analyst at Edmunds.com. "In response, they point out that their certified used car programs generate revenue from the sale of used cars."

"Approved Used Vehicles" means vehicles that are presented to an Authorized Dealer and offer warranties beyond the originally valid standards. These warranties must be confirmed by the vehicle manufacturer.

Clearly, the inability to buy new ones has always meant that the vehicle was worth it so quickly, but at least how long? According to Edmunds.com infographics, the total market value decreases when a new vehicle valued at $ 29,873 to $ 2,559 is transferred from a retailer's parking lot to a new TMV of $ 27,314. Why? If you press the buttons and enter the parking lot behind the wheel, your car will be new. After the extension, your new car will be used.

The injury does not end there. Cancellations never last a minute and never sleep. A year later, the GVT of your vehicle is $ 5,687 lower than the new $ 24,186 GVT. And if you use it for the next three years, TMV represents 49% of the original purchase price (TMV USD 14,593).

"When you buy used items, the original owner has already used depreciation," says finance guru Dave Ramsey. "You get a fantastic 4-year machine, well below the wholesale price of new machines."

Buying a used car is also a way to buy a car with additional features that you probably cannot afford. As a general rule, children 2 and 3 years old offer the best value for money. At this time, when devaluations have peaked, the price is much lower. As a result, you pay less for registration fees and liability insurance.

The recent decision to buy modern used cars has also had a significant impact on their reliability. This is the result of the trouble of US manufacturers to achieve sustainable imports. According to a recent consumer survey conducted in 2007, the number of problems since 2007 was three times lower than that of their peers. Problems with rust and exhaust systems have almost disappeared, along with major engine and transmission problems.

If you drive a certified used car, it does not follow the legendary smell of new cars. But if you bend the windows, you will enjoy a refreshing breeze in dollars.

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Check for Recalls Before You Buy a Used Car

New York Attorney General Eric Schneiderman announced Friday that he signed an agreement with 104 car dealers who sell vehicles with unknown security technology without knowing the buyers.

The contracts allow retailers to sell used cars openly and safely, provided they have an advertising problem and deal with dealers before selling them.

This is the latest reflection of the consumer-driven trend that has publicly opened the sale of potentially dangerous used cars.

Dealer dealers will arrive a few weeks after the Federal Trade Commission has proposed solutions to allow dealers to sell used cars with unresolved security alerts, provided they usually announce that the cars can be returned.

For March FTC solutions, used car dealers must inform customers about the open safety verification procedure. However, it is not clear if the FTC requires retailers to post memories they already know.

Threat to public safety.
According to consumer groups, consumers are more likely to buy used cars safely. We remember that many cars and car manufacturers have registered more than 50 million vehicle failures in the last three years. The Road Safety Administration estimates that this will not affect 25%.

Consider Christine Teasley, mother of two children, in Kansas City, Can. Twice after the purchase of the 2013 Nissan Altima last July, the mask has already flown with children along the way. Teasley searched for the reason online and discovered that the car had two safety reminders, one that referred to the problem of broken masks and the other to the problem of the airbag sensor. The merchant does not tell him.

"It was so bad," he says. "If the car were in front of or behind me, it could hurt someone or me."

The FTC resolves the agency's claim that dealers cheated consumers by promoting "certified used cars" and other used cars because they were subject to rigorous inspections or renovations and then sold, even when they were open.

Consumers who have called for a total ban on this practice believe that recent FTC comparisons could encourage more dealers to sell dangerous cars.

"They allow distributors to trick buyers about safety," said Rosemary Shahan, director of consumer safety and security in California, who sued the agency in federal court. The other two groups are also involved: the Center for Auto Safety and USA. Working group of public interest.

The new FTC standard also changes state laws that require retailers to sell cars safely, recalls Norman Silber, who teaches consumer laws at Hofstra University in New York.

The system has been criticized by the Consumer Bonus, the Consumer Reporting Policy and the Mobilization Department. "No company should sell a car with unadjusted errors, which is an irresponsible practice that could endanger consumers," said William Wallace, Consumer Policy Analyst. It would be even more confusing if the car were marked as used.

The FTC said the unresolved return of used cars was a "serious threat to public safety." At present, however, no federal authority is authorized to prohibit the direct sale of these cars.

The ban was not adopted by Congress. Federal law prohibits dealers from selling new cars with safety features and selling or renting new cars through car rentals.

According to Schneiderman, sales are not allowed, but Schneiderman supports it.

Do you know if your car has a safety recall?

As one of the dealers listed in the FTC complaint, CarMax has announced its commitment to inform customers about vehicle returns. The company also states that consumers often drive their cars directly to the dealership because only authorized dealers can repair the truck.

Car dealers do not want to sell open cars, but they generally do so because the repair of parts can take months, said Jared Allen, a spokesman for the National Association of Automobile Dealers.

Security control
If you buy a used car, observe the following precautions:

Search for pending connection requests. Never ask the seller if the market generates significant returns, even if the vehicle is advertised as certified, safe or subject to dozens of security checks, says Shahan. While vehicle history reports such as Carfax could be a great reminder, Shahan will verify the position on the NHTSA website by entering the vehicle identification number.

Check that all returns are taken into account for security reasons. Shahan recommends that you pay for the work order as proof before paying for the car.

Have a technician check the vehicle. Regardless of the appearance of a new or clean car, you should carefully examine it with a licensed mechanic to get a different opinion in case of a car accident, preferably a stingy person, says John Ibbotson, chief mechanic. Auto Center automatic tests. Wait for $ 100 for the service.

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