Tuesday

Used Car Sales are As-is sales

Almost every used car sale is an "as-is" sale. What you see is what you get so a used car buyer should do all their research before buying a vehicle. Some countries or states/provinces within those countries have specific laws which grant the used car buyer some additional protection. For example, the law may provide for a cooling off period in which the buyer may return the car or the law may require warranties on the used car.

* Canada
o Ontario - New and used vehicle sales are regulated by the Ontario Motor Vehicle Industry Council (OMVIC).

* European Union - Used cars have a statutory warranty according to the system of laws of the European Union, the so-called "Liability for defects", which lasts for 12 months.

* United States - The Federal Trade Commission's Used Car Rule[1] requires dealers to post a Buyers Guide in every used car they offer for sale.

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2 comments:

  1. Well your site is very informative and it will be equally worthwhile.Well thanks for this information it will really gonna help a lot of people.
    free car valuation

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  2. Thanks for sharing such a nice informative blog about used car sales and explains how people should research before buying a used car. People have to check the car specifications, mileage, and engine performance and manufactured date of old car with the help of car technicians. The market Price Of Old Car should be evaluated with the help of used car valuation tool.

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