"Nearly New "Usead Cars
Domestic manufacturers sell large numbers of cars to rental agencies with the understanding that after a set period of time or a given number of miles, they will buy the cars back. The industry calls these .'program cars." They are reconditioned and then sold through dealerships. Many of these cars are also being offered in used-car lease deals. If you want to suggest to a dealer that you have some insight into the industry, ask him if he handles "program cars."
Price:
• They are low mileage and have been regularly serviced by the rental agency and then reconditioned by the dealer or the factory.
• They may still have some factory guarantee left.
Risk:
• They have been driven by many drivers, most of whom probably were indifferent to how they treated the car.
• You cannot call the previous owner to inquire about problems or strange quirks that might have developed in the car.
The key thing to keep in mind about "program cars" is that they >hould be subjected to the inspection process outlined in this segment.
Factory Executiue Cars
Factory "demonstrators" or executive cars can also be options worth exploring. Often the factory offers attractive purchase deals to their employees who, in turn, seek to sell their cars at the end of each model year before purchasing a new one. Usually, these cars are low mileage, in good condition, and still under factory warranty.To check out this source of used cars you might want to select amake and then call the home office for the location and phone number of the zone or district office in your area. Ask for information above purchasing "executive" or "company" cars.
Rental Agency Sale's
Finally, some of the rental car agencies sell a portion of their used inventory through their rental lots and special sales locations. Thest cars offer many of the same advantages and disadvantages as progranm cars. Further, you may find that the rental agencies are averse to negotiation. Rather, they try to give you the impression that their "take it or leave it" price represents a good deal. It probably does. But for whom:
As with every other source of used cars, it is always a very good idea to have the car inspected by a professional mechanic before you
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