Before You Get A Used Car Loan – Read This
Let the Internet be your guide when buying a used car. The information you can find online is valuable and just a few clicks away from your fingertips. You can find out what a used car of any make or model might be worth if you were trading it in, selling it yourself, or buying it from another private owner or car lot.
Before you take out a car loan, go online to see what the used car you want to buy is really worth. Besides the fact that you dont want to pay too much for the automobile, you also dont want to take out a bigger car loan than is necessary.
“Trade-in value” is explained as, “What consumers can expect to receive from a dealer for a trade-in vehicle,” and “private party value” is explained as, “what a buyer can expect to pay when buying a used car from a private party.” But when it comes to “suggested retail value” KBB switches gears and defines it as, “representative of dealers’ asking prices and is the starting point for negotiation between a consumer and a dealer.” – advertisement –
Now, be careful....
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