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car was manufactured 10 years or more before the sale date, there is no warranty. Also, motorcycles, caravans, and commercial vehicles do not have a warranty at all. A commercial vehicle is a car with nine seats or more, as well as a vehicle that is able to carry one ton of goods, unless it is a utility, which is a car designed to carry goods. For example, a Holden
Commodore Utility or a Ford Falcon Utility. As these are cars that come with the back section being part of the car's body. Other vehicles that have an interchangeable back section are regarded as
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Gambia, Ghana, Mali, Côte d'Ivoire, and Cape Verde have also implemented punitive taxation for vehicles beyond a certain age. Algeria also has an internal consumption tax and Uganda has an environmental tax. Zambia and South Africa also have an inspection test requirement as a precondition to vehicle
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has fueled the availability of information on the prices of used cars. This information was once only available in trade publications that dealers had access to. There are now numerous sources, such as online appraisal tools and internet classified ads, for used car pricing. Multiple sources of used
227:
Depreciation levels of vehicles differ a lot in exporting and importing countries due to differences in income levels. The price of a vehicle depreciates faster in high-income countries than in low-income countries. Used vehicles sellers in high-income countries can thus sell their used vehicles for
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reading is fewer than 160,000 kilometres (99,000 mi), and the car was manufactured less than 10 years before the sale date, the warranty is three months or 5,000 kilometres (3,100 mi), whichever happens first. If the odometer reading is 160,000 kilometres (99,000 mi) or more, or the
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There are various theories as to how the market determines the prices of used cars sold by private parties, especially relative to new cars. One theory suggests that new car dealers are able to put more effort into selling a car, and can therefore stimulate stronger demand. Another theory suggests
344:'s National Motor Vehicle Title Registration System has only about a dozen approved data providers, about half of which sell car history data to consumers; the rest work only with car dealers. None of them are currently free of charge to consumers and many are not free even to the car dealers. The
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There are some 54 African countries that set import age restrictions on used vehicle imports, while 27 African countries do not place any import restrictions on used vehicle imports, and just 5 African countries (Egypt, South Africa, Sudan, Morocco) ban all used vehicle imports.
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Countries around the world are starting to implement regulations around the import of used cars related to air quality control measures. However, most developing countries have insufficient regulation or no regulation at all when it comes to the control of
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In 2006, an estimated 34% of
American used-vehicle buyers bought a vehicle history report. Vehicle history reports are one way to check the track record of any used vehicle. Vehicle history reports provide customers with a record based on the vehicle's
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The used vehicle market is substantially larger than other large retail sectors, such as the school and office products market (US$ 206 billion in estimated annual sales) and the home improvement market (US$ 291 billion in estimated annual sales).
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exemption is given. The exemption for Show or
Display limits the mileage to 2,500 miles (4,023 Kilometers) a year, and only select cars are eligible for the exemption. Canadian-market vehicles can also be federalized under separate regulations.
403:
Private-party price is the price expected to pay if buying from an individual. A private-party seller is hoping to get more money than they would with a trade-in to a dealer. A private-party buyer is hoping to pay less than the dealer retail
432:
settings. The overall condition of the vehicle has a major impact on pricing. Condition is based on appearances, vehicle history, mechanical condition, and mileage. There is much subjectivity in how the condition of a car is evaluated.
441:") are more likely to want to sell their cars than owners of perfectly functioning vehicles. Therefore, someone buying a used car bears a higher risk of buying a lemon, and the market price tends to adjust downwards to reflect that.
367:
and anti-fraud purposes. Companies may add to the reports of additional information gathered from police, finance, and insurance companies. Car history check services are available online for the public and motor trade customers.
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and the United States, sell reports to dealers and then encourage the dealers to display the reports on their websites. These reports are paid for by the dealer, and then offered for free to potential buyers of the vehicle.
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Dealer trade-in price or wholesale price is the price a shopper should expect to receive from a dealer if trading in a car. This is also the price that a dealer will typically pay for a car at a dealer wholesale
321:. The report may also indicate maintenance records and whether a vehicle has suffered collision damage, improper maintenance, or other problems. An attempt to identify vehicles that have been previously owned by
263:
350 billion, the used vehicle industry represents almost half of the U.S. auto retail market and is the largest retail segment of the economy. In 2016, about 17.6 million used cars and trucks were sold in the
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and the back of the vehicle can be ordered from the factory or can be custom-built to suit the needs of the vehicle buyer. The same as a light truck can be ordered as a tip truck or a body truck
336:
In some countries, the government is a provider of vehicle history, but this is usually a limited service providing information on just one aspect of the history, such as the United
Kingdom's
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Bolivia, Paraguay, and Peru are the only countries in South
America that allow used vehicle imports. Paraguay has a used vehicle age limit of 10 years, while Peru has it set to 5 years.
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recommends using one of these approved data providers when researching a used car. The history reports use several sources to gather the data for each vehicle, including the police, the
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mandates that all vehicles that are not made to comply with U.S. Federal Motor
Vehicle Safety Standards are only eligible for importation if its age is 15 years old and above.
413:
car pricing means that listed values from different sources may differ. Each pricing guide receiving data from different sources and makes different judgments about that data.
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In the EU, 60% of used cars are marketed in other EU countries. The used car exports in the EU are focused on East Europe, the
Caucasus, Central Asia, and Africa.
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fleets is also made. Consumers should research vehicles carefully, as vehicle reporting services only report the information to which they have access.
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In India, the
Ministry of Road Transport and Highways is responsible for providing information related to vehicle registration and service history.
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provides the status of the vehicle (if any) in
Saskatchewan and its damage claims history in Saskatchewan since Jan. 1, 1998.
620:(OMVIC). In Alberta, Canada, new and used vehicle sales are regulated by the Alberta Motor Vehicle Industry Council (AMVIC).
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882:"J.D. Power and Associates Reports: Vehicle History Reports Are Becoming Increasingly Important to Used-Vehicle Buyers"
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There are no age limits for used car exporting. Used cars can be exported at any time regardless of age or condition.
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The
African continent gets 90% of its imports from Europe and many of these cars would not meet European emissions.
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Rules about statutory warranties for selling used vehicles in Queensland: Department of Justice and Attorney-General
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The major car exporting countries (which includes both new and used vehicles) are Japan, the EU, USA, and Canada.
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dealerships, leasing offices, auctions, and private party sales. Some car retailers offer "no-haggle prices," "
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Panama has a used vehicle import age restriction of 10 years, while Mexico has an age restriction of 5 years.
951:
926:"Selling a Car? Watch Out for Fake Buyer Trying to Trick you into Buying Questionable Vehicle History Report"
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recommends that consumers consider a car retailer's reputation when deciding where to purchase a used car.
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Dealer or retail price is the price expected to pay if buying from a licensed new-car or used-car dealer.
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Used vehicles usually must be 25 years or older to be imported, but that requirement can be waived if a
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In the UK, the DVLA provides information on the registration of vehicles to certain companies for
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352:(DVLA), finance houses, the national mileage register, insurance companies, and industry bodies.
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1072:"Actions on Air Quality. A Global Summary of Policies and Programmes to Reduce Air Pollution"
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owners. Used cars are sold through a variety of outlets, including franchise and independent
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Japan has an inspection tests as a precondition to vehicle registration on vehicle imports
305:(VIN). These reports will indicate items of public record, such as transfers of ownership,
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a higher price in low-income countries. This is the incentive to export used vehicles.
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Used car pricing reports typically produce three forms of the pricing information.
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999:"Parivahan Sewa - Ministry of Road Transport & Highways, Government of India"
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The vast majority of vehicles imported to Africa do not meet emission standards.
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In the Caribbean, most countries have age restrictions on used vehicle imports.
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Eritrea, Benin, Democratic Republic of Congo set an age restriction of 10 years
30:"Second-hand car" and "Used cars" redirect here. For the 1980 comedy film, see
907:, U.S. Department of Justice, National Motor Vehicle Title Registration System
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Used cars have a statutory warranty according to the system of laws of the
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In the US, used vehicle exports are focused on Mexico, Nigeria, and Benin.
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Mauritius, Seychelles, Algeria, and Chad set an age restriction of 3 years
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have a higher demand in warmer climates than in cooler areas. Similarly,
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Libya, Mozambique, Niger, and Tunesia set an age restriction of 5 years
479: in this section. Unsourced material may be challenged and removed.
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In Ontario, Canada, new and used vehicle sales are regulated by the
603:, the so-called "Liability for defects", which lasts for 12 months.
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The pricing of used cars can be affected by geography. For example,
223:
Phase-out of fossil fuel vehicles § Second-hand vehicle dumping
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Typical new car dealership selling used cars outside the showroom.
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Liberia, Nigeria and Eswatini set an age restriction of 12 years
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Established in 1898, the Empire State Motor Wagon Company in
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Kenya, Mauritania, Namibia set an age restriction of 8 years
904:
Research Vehicle History; Approved NMVTIS Data Providers
1131:
928:. Better Business Bureau. April 5, 2016. Archived from
766:. United Nations Economic Commission for Europe. 2017
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Gabon and Senegal set an age restriction of 4 years
355:Several of the services, most notably those in the
180:, is a vehicle that has previously had one or more
80:. Unsourced material may be challenged and removed.
1024:"Edmunds TMV - True Market Value / True Car Value"
812:100 Years of the American Auto: Millennium Edition
1093:"Buying and leasing a car in another EU country"
539:Côte d'Ivoire sets an age restriction of 7 years
381:Automobile salesperson § Car negotiation
252:was one of the first American used car lots.
8:
1122:offers Ontario vehicle registration history
1046:. Autos.msn.com. 2010-02-22. Archived from
954:. Better Business Bureau. September 8, 2020
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1126:Saskatchewan Damage Claims History Search
495:Learn how and when to remove this message
140:Learn how and when to remove this message
268:, and 38.5 million were sold worldwide.
156:Small used car lot in the United States.
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787:"Global Trade in Used Vehicles Report"
618:Ontario Motor Vehicle Industry Council
36:. For the Bruce Springsteen song, see
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1079:United Nations Environment Programme
477:adding citations to reliable sources
280:A sign for a used car dealership in
78:adding citations to reliable sources
1120:Ontario Vehicle Information Package
350:Driver and Vehicle Licensing Agency
27:Vehicle previously owned by another
952:"BBB Warning: Vehicle title scams"
761:"Used Vehicles: A Global Overview"
437:that owners of problematic cars ("
43:. For the Kim Churchill song, see
25:
785:Environment, U. N. (2020-10-23).
553:registration on vehicle imports.
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791:UNEP - UN Environment Programme
636:American used vehicle exporting
582:Japanese used vehicle exporting
464:needs additional citations for
65:needs additional citations for
1044:"Kelley Blue Book - MSN Autos"
814:. Publications International.
571:Chinese used vehicle exporting
445:Laws and regulations by region
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338:Ministry of Transport history
327:police and emergency services
303:vehicle identification number
517:for imported used vehicles.
244:Used car industry in the USA
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45:Second Hand Car (song)
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884:. Theautochannel.com
861:Consumer Information
473:improve this article
74:improve this article
857:"Buying a Used Car"
843:dealers.edmunds.com
712:Grey import vehicle
702:Certified Pre-Owned
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408:The growth of the
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1029:Edmunds.com
690:cab chassis
683:, when the
192:companies,
186:car dealers
130:August 2017
1155:Categories
1102:2020-12-27
1054:2010-08-15
888:2010-08-15
867:2020-12-27
796:2021-02-25
728:References
681:Queensland
677:Australian
634:See also:
580:See also:
379:See also:
325:agencies,
323:car rental
313:buybacks,
221:See also:
206:warranties
190:rental car
100:newspapers
89:"Used car"
1008:7 October
983:7 October
958:7 October
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911:7 October
770:7 October
679:state of
671:Australia
311:lemon law
198:certified
33:Used Cars
18:Used cars
1137:Vincheck
978:HPICheck
696:See also
685:odometer
410:Internet
400:auction.
284:in 1981.
170:used car
39:Nebraska
845:. 2017.
675:In the
176:, or a
114:scholar
41:(album)
818:
612:Canada
590:Europe
521:Africa
439:lemons
404:price.
340:. The
317:, and
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839:(PDF)
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576:Japan
565:China
430:urban
428:than
426:rural
329:, or
121:JSTOR
107:books
1010:2020
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816:ISBN
772:2020
560:Asia
331:taxi
288:The
282:Utah
261:US$
172:, a
93:news
1140:VIN
475:by
204:or
76:by
1157::
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47:.
20:)
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