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Used Car Buying
A lot of money can be saved when buying a used car. However, there are several factors that should be considered when planning to buy one, such as the history record of the car.
2,822 Questions
Can you take a buy here pay here car out of state?
Most places that allow customers to 'buy here, pay here' will let a buyer take a vehicle to a neighboring state. The business doing the financing will want to be notified if a buyer moves out of state, though.
Is it legally sound to buy a car at an auction?
Not really. You have a brief period to visually inspect the car in a very minimal way. You cannot tell if there are major suspension, engine or transmission issues without driving the automobile. Stuff that's obvious will be easy for a knowledgeable person to spot, but be aware it's always a crap shoot. I've bough a few hundred cars at auction, and at least 10% had issues that were only discovered after the purchase. If you bought it for a lot less than it's actual cash value you may be OK. With today's sophisticated electronic computerized cars the first thing is the CHECK ENGINE light can be triggered by any one of a thousand causes some minor some major be ready to take that into consideration. Good Luck! <>Stan
A car dealer can be found by carrying out a simple search on the internet for those in your local area. You can also find a dealer by asking friends, relatives or colleagues at work.
Can a car dealer change his mind and get his car back?
They usually don't change their mind. What happens is a dealer sales you a car and lets you drive off thinking the purchase is complete when in fact they do not have the financing secured. This happens mainly on weekends and after normal business hour purchases. If they are unable to secure the financing they will want the car back or you to get financing of your own.
Many states have a limit on the number of cars that you can buy/sell in a year. That will determine if you're breaking the law.
I believe that fee, if you have to pay it, would be included in the taxes and fees you pay at the DMV when you re-register the car under your (the buyer's) name. I have not heard of a use tax, but I know you do have to pay a certain percentage of what your purchasing price was in taxes to the state of CA, in addition to the regular registration fee that is normally paid.
I hope that was slightly helpful.
did u buy it from a dealer or from where if you got it from a dealer you can if not i don't think so that's why you should have had the car cheked
Are You Upside Down on Your Car?
Being upside-down on a car loan, means owing more on the loan than the trade-in-value of your car. As you owe more than your car value, even selling your car for payment could not help, so you are stuck with the car and the payments. Upside-down on your car loan is not a problem until you don't want to change your car while making timely payments and you have auto insurance in case of accident. Quite a lot of people experience this situation for the simple reason of not choosing loan terms and type of car wisely while applying for a car. Depending upon the age of the car, some cars will depreciate early. Thus it is necessary for one to consider the car loan terms in accordance to the type and value of car. For instance, if a person has car loan amortize period more than five years, than probably you owe more interest than the value of car as most of the monthly payment goes toward paying off interest amount. Same is the case with people having bad credit as they are forced to accept a higher interest rate while buying a car and as a result a whole lot of their dollar goes in paying up only the interest amount while leaving the principle as it is. Although there are quite a few option available if you are in this situation. Pre-payment
For the people being upside-down on their car loan, pre-payment could be the smart option to pay off the loan faster. Hence, if a person does not owe much on the loan, he/she can make extra payments each month get rid from being upside down. As making extra payments will help to pay off the loan faster. But before paying any extra payments you need to make sure that your current loan does not have any pre-payment penalties that could restrict you from paying extra cash. Car Refinance
Refinancing upside-down car loan is also a good option for the people as refinancing allows you to redefine your loan terms. Hence through refinancing you can either lower your interest rate or shorten your term period which can ultimately benefit you to get out of upside down situation. In case your lenders do not grant you a traditional refinance car loan you may opt for a home equity loan. These type of secured loans have a low interest rates which not only allows you to pay off your loan quickly but also without spending additional cash. With refinancing you can even shorten your loan term and pay off the loan much faster and do not loose anymore money on the car. Transferring Balance to a New Car Loan
For the people who are looking to replace their car can close the gap of unpaid balance on their current loan and the car's resale value purchase by transferring their unpaid balance of old car on the new car loan and make the lump sum payment for both the car. Thus you can get your new car while being upside down.
It depends. Sometimes dealers will let a customer take the car while they try to get the financing approved. They will have you sign a form that says if the financing is not approved, you will bring the car back or re-do the deal.
The reason they do this is to get the customer to take "mental ownership". They think that after you've had the car for a few days and shown it to your family and friends that you will pay the higher payment because you don't want to tell people you weren't approved.
The way to deal with this is to be firm. You must be willing to bring the car back and start over or else the dealer will get their way. Tell the dealer that you want the deal you agreed to or you will bring the car back.
Find out what car dealers don't want you to know at www.dealertricks.com
What if the seller refuses to take the car back?
Park the RV in a high traffic area, with permission of the landlord, with huge signs that read: I bought this lemon at such and such dealership. They hate negative publicity and will usually do something just to avoid further negative publicity. Call the dealership and tell them you plan to leave the vehicle with the signs on it until they do something or go out of business. Try to park the thing as close to the dealership as possible so that future potential customers going to do business there will see the lemon advertisement. ANSWER lET THE BUYER BEWARE. if you bought it from another individual or used car dealer, you should have the car checked by a mechanic or take a mechanically inclined person with you. if you feel you bought a lemon, there are consumer agencies you can contact like the better business bureau, local tv stations, your local consumer affairs office or court.
Can you trade in your new car that you still owe a lot on for a significantly cheaper car?
It is not a good idea to make such a trade.
The dealer will offer you significantly less then you owe, and move the difference unto your cheaper car. The bank may not even want to finance your cheaper car because the collateral would not cover the entire loan balance. You may be able to get approved if you purchase GAP insurance when making the trade; however, there is no guarantee.
Even if you can get approved, it would not be the best choice to do so. Imagine making a $500 payment on a car that over 5 years would have had a $300 payment. You could probably keep the more expensive car for the same $500 a month.
Weigh the options. It is usually more expensive to trade the more expensive car for a cheaper one.
What is an affidavit of sale on buying an used car?
So you can earn money, and get a that car you wanted.
Why would a car jerk when driving?
Check your front tires they might have an uneven lump where the tread is which my cause the steering wheel to be forced one way while driving. Even if there new tires the wires in them separate causing a bump to form which can result to a blow out. Make shure to run your hand over them and don't forget to move the vehicle forward the lump maybe on the bottom.
If you have a Indiana dealers license do have to have Ohio dealer license?
Type your answer here
I got my auto dealer license from http://www.myautolicense.com/ they have helped me out until my first sale they are very nice and humble.
I can set you up with your own licens and 4 dealers plates for $1100. No building or lot required, and bad credit ok. Please feel free to visit our website www.dealerauctionaccess.com and call Adam (312)735-0327
You can rent/ lease my dealer license for only $299.00 per month. The cost of a dealer license varies according to states. 1) you have to be approved for a bond- based on personal credit 2) you have to be approved for garage liability insurance 3) you have to get a place approved by the zoning coordinator 4) you have to pay rent deposit first and last month rent. It is expensive.... l have a program which you can consider you can rent my dealer license for only $299.00 per month. This will give you full access to dealer only auto auctions and insurance. You can contact me asap and l will set you up... ingeniusmotors@gmail.com
It is illegal to rent/lease a dealers license, you can get in serious trouble if the state get word of it.
I went with Adam and he was able to get me set up. Call Dealer Auction Access, unfortunately Adam does not work with them anymore but I was assigned to Carlos and he has been awesome. There legit and can get you set up 312 733 9577.
I have added the following comments to encourage you to investigate such claims as above. Protect yourself.
There are several companies now offering this service via Internet advertising.
These Indiana licenses will only allow you to sell to other dealers and wholesalers ONLY. You cannot sell retail to the consumer from your home or on the Internet. Investigate any "licensing for a fee" with the dealer licensing board in YOUR state.
These Indiana companies don't really make that very clear. You could get in a lot of legal hot water by not knowing the laws in YOUR state for buying and selling cars in YOUR state where you are making transactions. The State of Indiana could also get involved if you violate the guidelines of your Indiana license. ALL state statutes (laws) level hefty fines and in some cases jail time for violations.
As an example; Wal-Mart may be have its corporation licensed in Delaware (most companies do) but it MUST follow the laws in all the states where it ACTUALLY does its business transactions. If it doesn't, any state where it does business will take action.
As a dealer doing transactions in a state other than the one you're licensed, you MUST do the same; i.e. follow the laws and licensing statutes of the state where the transaction actually takes place... the location of the product (car) being sold. Selling on the Internet does not absolve you from licensing in the state your doing transactions.
One of the Indiana companies has a "retail" package. You cannot use a retail license in Indiana to make retail transactions in your state if the vehicle is not located in Indiana. The Internet is not a place, its a form of advertising just as classified ads. Verify this with your state licensing board. Protect yourself.
These guys are crooks! You can do this all by yourself. Find and lease a spot on your own...you can find office space for as little as 150 a month. Incorporate on your own, get insurance and bond, get a tax id # and then send in the application to the state. But don't get too excited...pretty soon it won't be possible any more because Indiana wholesale dealers are ruining the whole automobile sales industry by making it way too easy to get a licence. Wolesalers are doing too many illegal transactions and Indiana is under pressure to do something about it from all the other states.
Does New Jersey have a right of rescission rule for used automobile loans?
The right of rescission rule in New Jersey does not apply to used automobile loans. The New Jersey Consumer Fraud Act however does protect consumers for three days to rescind on a health club contract.
How would an incarsarated family member return a new car to the dealership?
Well first off, it's not like he could get a refund. If he is simply going to let it get repossessed, he can have someone else drop it off & he can send the lienholder a letter stating he is voluntarily letting them repossess the vehicle, along with location of where it was left. Voluntary repossessions avoid additional charges, towing, repossession fees,etc.
By Law aren't you allowed three days to return a new or used car?
3 day law applies only to dor to door sames items.. not cars. No, not in any state that I know of. And contrary to the above, many things may have a 3 day right of recission, and especially if done at your home, but not exclusively.
What is the used car sale tax in Pennsylvania?
The sales tax is around 98% per penny , so otherwords for every penny you must pay $400000.
How can you get a detailed vehicle history report?
You can get vehicle history report from InstaVIN and carfax etc. Check VIN to get the complete vehicle history report of a used car online!
How much does a hybrid car cost?
They vary significantly. I bought my Toyota Prius in 2004 for $22,000. I have not regretted it. There are several companies that have "Hybrids" and they vary in price from about $20,000-$60,000.
Where do you find the weght of a car?
- Take engine out of car
- Get ALL oil out of
- Weigh
- times that number by 4
- and you have your answer
Does the 3 day right of rescission rule apply to auto purchases in Oregon?
http://www.doj.state.or.us/finfraud/coolingoffrule.shtml
Typically, the only time you will get a three day right of rescission is for a home solicitation, also known as a "door to door sale." There are a few other times you may be able to rescind an agreement within three days, such as with a home mortgage, but usually, if you buy something, it is yours. There is no "cooling off period" for the purchase of a motor vehicle. There is no "cooling off period" for the purchase of a good, just because it is really expensive or you decide you made a mistake in buying it. There is no "cooling off period" if you buy something from a telemarketer.
