If you have made the decision of buying a used car, consider doing the following before visiting the dealer:
Check the Buyer’s Guide on the Car You Are Considering.
The Buyer’s Guide is designed to protect car buyers against used car fraud and is a requirement of the Federal Trade Commission (FTC).
The guide should be clearly posted on the vehicle. If it isn’t, ask the dealer to provide it for your review.
Pursuant to the FTC, the Buyer’s Guide should include such useful information as:
• How the car is being sold (as-is or under warranty).
• How much you can expect the dealer to contribute to repair costs if the car is still under warranty.
The guide also includes a part with useful advice. Buyers should:
• Obtain written documentation of any promises or agreements.
• Retain a copy of the Buyer’s Guide for future reference.
• Have the used car inspected by a qualified mechanic before purchase.
After you’ve read the Buyer’s Guide the dealer may ask you to sign it. He will later use this as proof of the buyer’s receipt of the document. Be sure you read every word before you sign any paperwork. Finally, on the back side the Buyer’s Guide should include:
• The name and address of the dealership.
• The name and address of appropriate contacts if you think you are the victim of a car dealer scam.
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