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What is a Used Car Warranty

Car Examer

A used car warranty offers peace of mind and financial protection for buyers of pre-owned vehicles, covering the cost of certain repairs and maintenance after the manufacturer’s original warranty expires. Here’s everything you need to know about used car warranties. What is a Used Car Warranty?

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Guide What Is a New Car Warranty?

Car Examer

A new car warranty is a type of guarantee provided by the manufacturer to cover certain repairs and replacements that might be necessary due to defects or faults in the vehicle. New car warranties usually last for a specific time or mileage limit —whichever comes first. Here’s a breakdown of the most common types: 1.

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Guide To Personal Contract Purchase (PCP)

Car Examer

Whether you’re a seasoned car buyer or someone exploring diverse financing avenues, this guide is crafted to illuminate the intricacies of Personal Contract Purchase. Mileage Limits: PCP agreements often come with mileage restrictions.

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What’s a dealer demonstrator new car?

CarExpert

This period of usage generally lasts no longer than 12 months, and mileage is usually limited to 10,000km or less. The car in question is then sold on to a public buyer at a discount, which varies depending on a variety of factors according to Brighton Automotive Group general sales manager Joshua Ferguson.

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Lease Purchase A Comprehensive Guide

Car Examer

Whether you’re a potential car buyer or someone exploring varied financing options, this guide is designed to illuminate the intricacies of lease purchase. Newer Models: Lease purchase enables access to newer vehicle models with advanced features, as lease terms often align with a manufacturer’s warranty coverage.

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Ultimate Guide to Hiring Car Sales Professionals: Job Positions, Trends, and Terminology Revealed!

Shawn Ryder

Online research and virtual showrooms have become increasingly popular among car buyers. Terminology MSRP MSRP stands for Manufacturer’s Suggested Retail Price. It is the price recommended by the manufacturer for a particular vehicle, excluding taxes, licensing, and additional fees. CPO CPO stands for Certified Pre-Owned.

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How much should you spend on a used car?

Drive.com

The MUARC data found that on average, a car built in 2021 decreases the risk of road users being killed or seriously injured by 33 per cent when compared to a vehicle manufactured in 2001. Depending on where you live, specific mileage limits could also be an important feature when looking at the overall cost of a used car.

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