Monday, September 21, 2009

Used Cars – Corporate “leftovers” a bargain

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Car dealers aren’t the only companies who sell used cars. You can get good deals on used vehicles from banks, rental car agencies, airport limousine services, and corporations getting rid of their company cars.

Rental cars can be a good purchase because rental companies perform regular maintenance. The cars are usually only a year or two old, which means the rental company has already taken most of the car’s depreciation. Most rental cars still have valid factory warranties, which you won’t find at some places.

Banks and lenders auction off cars they have repossessed because the previous owner could not pay their loan. Just like any used car, you should have it checked out before you bid. But you might get a bargain since the bank just wants to pay off what’s left of the loan.



All the best,



Timben

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