I Need a New Car But Can’t Afford to Buy New.
In part one of this series, you learned a car is considered “used” the moment it is registered in an owner’s name. This could mean it has very few or very many miles on it. You may have also been surprised to learn in the first part of this series that used cars are more profitable to dealers than new vehicles, making the used car selling business very competitive.
What this means for the consumer is that they have to be smart when buying a used car. Here are two more sources for used cars and the facts you need to know about each.