Oct
22

What should buyers guide include?

According to the requirements of federal law every used vehicle offered by a dealer (dealer is anyone who sells more than five vehicles a year) must have a Buyers Guide posted inside.

Buyers Guide should include the following:

* Whether the vehicle is sold “as is” or with a warranty.

* A declaration of what percentage of repair costs a dealer will pay if there is a warranty.

* A reminder that spoken promises are difficult to enforce.

The Buyers Guide becomes part of the sales contract and should reflect any negotiated changes. It also rules in case of a conflict.

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