Be Kind! Share with your Team, with your Family, with your Buddies!
Click The Button Now & Like This On Your Facebook Page!
Tuesday, January 21, 2014
Another acronym, SRV, refers to suggested retail value or the amount the seller might ask a buyer to pay for a specific vehicle. Car valuation companies offer this information for free and you can obtain this from their websites. You need to get hold of this info prior to making negotiation with the seller. Aside from this, another acronym that has become an integral part of every used car buyer's vocabulary is CPO or certified pre-owned cars. You can go online and research some info about this type of used car. But in a nutshell, these pertain to used cars of the late model that have undergone inspection, repair and certification, either by the manufacturer or other certifying bodies. As such, they carry some form of warranty. As far as warranty is concerned, you should know a few terms like "as is," implied, manufacturer's warranty and extended warranty or service contract. "As is" is basically no warranty. Implied warranty, however, would indicate that the auto meets reasonable standards. Manufacturer's warranty is simply the warranty originally provided by the car maker. In the case of extended warranty, it is the prolonged warranty and is paid for during the car purchase. Whatever warranty the car carries, it should be one that has been agreed upon by both parties and is made clear in the contract.
Other terms you have to be familiar with, are those related to the condition of the car. These are excellent, good and fair. Excellent cars are those that do not only look great but also have excellent mechanical condition. Good condition in cars, means that they only have minor defects. Fair cars are those with some mechanical and cosmetic problems but still in good running condition. This means that this vehicle might require some repair. There are some other terms that you should learn first before checking out Hertz Car Sales. By becoming well-versed with the language spoken by those in the used car market, you can deal with your car purchase better.