Friday, April 14, 2006

Dealer or Private Sale?

Dealer or Private Sale?

The Federal Trade Commission’s Used Car Rule requires dealers to post a Buyers Guide in every used car they offer for sale. The Buyers Guide gives a great deal of information, including:

Whether the vehicle is being sold "as is" or with a warranty;
What percentage of the repair costs a dealer will pay under the warranty;
The fact that spoken promises are difficult to enforce; and
The major mechanical and electrical systems on the car, including some of the major problems you should look out for.

USED CARS AND PRICE GUIDE

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