Archive for August, 2013
Did you know that 75% of vehicle transactions in the U.S. are the sale of used vehicles? Every vehicle has an average of three owners during the course of its life. Given these facts, it is not surprising that many people interested in purchasing used cars are wondering how to tell that they are getting a good deal rather than a lemon, which is a car only found to be defective after purchasing. Here are three things you should know about purchasing used vehicles in New York.
1. Are cars that have issues actually sold?
Unfortunately, yes. About 50% of flood damaged cars end up back on the road. 4% of deployed airbags are not properly replaced. Consumers collectively lose about $4 billion a year in odometer rollback fraud. These statistics can be quite shocking for many people. Knowing what is