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About Used Cars
Buying a new car isnt always financially feasible. There are millions of satisfied customers who purchased previously owned vehicles that lasted just as long as a new car. With the proper maintenance, a quality used car can bring years of reliable service. Most people buy used cars to save money, but buying them wholesale can be even cheaper. The word wholesale refer to selling good to retailers or other types of businesses. Basically, wholesale entails selling to anyone other than consumers. Wholesale prices connote lower costs because sellers mark up prices to consumers in order to turn a profit. Some sellers are able to resell goods more or less at their wholesale value because they perform some presale procedures themselves, and pass the savings along to the consumer. They often buy items in bulk, which also lowers their overhead costs. Retailers selling at wholesale prices may also opt not to charge their customers sales taxes; this is another big saver for buyers. It is relatively common to see used cars available at wholesale prices because the dealers often purchase cars that have mechanical problems or other issues. They are able to purchase such vehicle at very low prices, complete any necessary repairs themselves, and then resell them for a slightly higher price than they initially paid. Some used car dealers attend public or private auctions for repossessed vehicles or police impounds. These cars tend to be in fairly good shape, so they don't require much presale refurbishing. Others accept vehicle trade-ins wherein customers exchange their used cars for one of the sellers models. All of these practices saves the customer a lot of money but still allows the seller to make a profit.