How Long Does A Smog Certificate Last => A smog certificate is valid for 90 days in Texas. In California, a smog certificate is typically valid for 90 days as well. Emissions testing requirements and validity periods may vary depending on the state and local regulations. In Texas, annual vehicle inspections are required and should … Read more
Can You Transfer a Car Loan to Someone Else => Transferring a car loan to someone else is unlikely and generally not allowed by most loan contracts and mainstream lenders. Credit: www.capitalone.com The Process Of Transferring A Car Loan Transferring a car loan to someone else is possible only if your lender allows loan assumption. … Read more
How Many Miles Should A Used Car Have? => A used car should ideally have around 12,000 to 15,000 miles per year. This is considered a standard mileage range for a used car. When buying a used car, it is important to consider the mileage as it can give you an idea of the vehicle’s … Read more
Does a Dealership Have to Find Financing => A dealership typically has 10 to 14 days to secure financing? This time span allows them to find a lender who will finance your auto purchase. Securing an auto loan through a dealership is a common practice, offering convenience to car buyers as they navigate the process … Read more
How Long Does It Take to Buy a New Car => Buying a new car typically takes a few hours to a couple of weeks. The exact time depends on factors like dealership stock, financing, and buyer readiness. Embarking on the journey to purchase a new car is an exciting process that demands attention to … Read more
To find out what a dealer paid for a used car, request a vehicle history report that shows past sales data. Dealers rarely disclose their purchase price, but historical data can give clues. Discovering the amount a dealer invested in a used car might seem daunting, but it’s quite straightforward with the right approach. Our … Read more
The Carfax Buyback Guarantee protects buyers from unknowingly purchasing a used car with a DMV-reported incident. It promises to buy back the vehicle if the Carfax report misses a qualifying title issue. Purchasing a pre-owned vehicle carries inherent risks, one of which is the potential for hidden problems not disclosed by the seller. Carfax, a … Read more
Purchasing/buy a car at a dealership typically takes a few hours. The time may be extended if financing, trade-ins, or negotiation are involved. Buying a car is a significant financial decision and the experience at a dealership can vary widely. The process includes several stages; starting with choosing the vehicle, test driving, discussing the price, … Read more
Functional damage reported typically indicates that an item has sustained damage affecting its operation or performance. This term often surfaces in vehicle history reports or property assessments. Understanding the implications of functional damage is critical for buyers and insurers alike. Such damage goes beyond mere cosmetic issues, directly impacting how a device, vehicle, or system … Read more
Dealerships typically make between $1,000 to $3,000 profit per used car. This margin can vary depending on the car’s purchase price, condition, and market demand. Understanding the profitability of used cars for dealerships offers insight into the pre-owned vehicle market. Dealers acquire used cars through trade-ins, auctions, and private sellers, often at lower prices. They … Read more