Car Buying Tips Guide 1

(Barry) #1

With regard to used cars, banks want interest on used car inventory,especially those that are 60 or 90 days old. The dealer often has to either (^)
pay 10 percent of the car’s value (called curtailment) or dump it at auctionat a loss, so they’ll be motivated to let these old-stock units go.
Next, I want to explain more about how dealers work and how that impactsthe shopping experience and what people pay.

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