Would You Buy an Over-the-Hill Used Car?

used car lot

Maybe a dealership near you has one.

Tucked in a back corner of the lot, behind all the expensive brand new cars, hidden behind the certified used cars, and shadowed by the traditional pre-owned vehicles might sit an ultra-bargain section of the lot. Some vehicles might have rust, some might have the check engine light on, and all have well over 100,000 miles on the clock.

There’s no warranty on these vehicles, they are sold as-is, and the buyer assumes all risk associated with ownership.

Why would a new car dealer risk a good reputation by selling these junk cars?

Because they are huge moneymakers.

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