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(ARA) ? Used Cars. A simple term that has a less than positive meaning for most car buyers. Conventional wisdom says that buying a used car is buying someone else's problems. However Wholesale Mikhail Sergachev Jersey , as new car quality has gone up, the risk of buying a late model used car has gone down. In fact, the automotive industry doesn't even call them used cars anymore. The term to look for now is Certified Pre-Owned, or CPO.

?There is a growing market in this country for used vehicles that have been put through a Certified Pre-Owned program. CPO vehicles give the consumer a chance to buy the latest models, often only two or three years old, at a big savings over a new car. So Wholesale Andrei Vasilevskiy Jersey , when you buy one, you're really doing yourself a favor,? says John Davis, host of MotorWeek, the longest running weekly automotive show on television.

More than a third of all late model used cars and trucks sold last year -- nearly 1.2 million vehicles --- came with a Certified Pre-Owned designation. They are typically vehicles that have low mileage, and have been put through a battery of tests to make sure they are in tip-top condition. Vehicles that fall into this category are mostly just off-lease Wholesale Victor Hedman Jersey , secured from factory executive car auctions, from rental fleets, or the very best trade-ins.

?A new car depreciates by 15 to 20 percent the moment you drive it off the lot,? says Davis. ?If you buy one that's Certified Pre-Owned, you avoid taking the initial depreciation, yet have an almost new car with a strong warranty and in some cases a better warranty than a new one. Smart consumers can think of these vehicles as the best and brightest in their class.?

According to CNW Marketing Research Wholesale Louis Domingue Jersey , Inc., one can expect to pay a premium of between four and seven percent for a vehicle with the Certified Pre-Owned designation. ?They may cost a little more than you'd expect to pay for a used car, but when you look at all the checks and balances performed and the extra warranty, it's easily worth it,? says Davis.

Among the benefits, not just some Wholesale Braydon Coburn Jersey , but all vehicle parts that are even moderately worn have been replaced. Many Certified Pre-Owned cars come with new brake pads, hoses, accessory belts, wipers and batteries. Their engines and transmissions have been checked and overhauled if necessary; minor exterior damage -- like nicks, dings and tattered trim -- is repaired or replaced; carpets and seat upholstery are shampooed or cleaned, and if they look less than new Wholesale Yanni Gourde Jersey , are replaced.

Beyond that, certified programs provide additional warranties, often up to 100,000 miles, and may also include perks like car-club style roadside assistance. This kind of warranty actually exceeds the coverage offered by the factory when it was new. ?Certification programs increase consumer confidence about the quality of a used vehicle,? says Scott Weitzman Wholesale Ryan Callahan Jersey , senior director of retail programs for the noted automotive polster, J.D. Power and Associates.

But, don't just buy any vehicle that is labeled Certified Pre-Owned. The best CPO programs are found only at new car dealers, with repair requirements and warranties backed by the factory. Also, ask to see the checklist on the car or truck of your choice so you will know exactly what has been serviced.

?Simply put, purchasing a Certified Pre-Owned vehicle is really a win-win situation for everyone. Manufacturers make money on vehicles they had in fleets or on lease Wholesale Brayden Point Jersey , dealers increase their income percentage compared to new car sales, and customers walk away feeling better about some of the built-in guarantees,? says Davis.

For more information about MotorWeek log onto >
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EDITOR'S NOTES

You can find MotorWeek on your local PBS station or SPEED Channel on cable. The weekly automotive magazine covers all aspects of the automotive industry and offers consumers unbiased, cutting-edge news and features covering new vehicle trends, current safety information, and the results of practical road tests. MotorWeek is nationally underwritten by eBay Motors and Pep Boys.

Since 1981 Wholesale Ondrej Palat Jersey , MotorWeek has been the trusted source for unbiased information, providing the first and last word on the automotive world. Hosted by John Davis, television's original automotive magazine offers comprehensive, cutting-edge news and features for consumers and enthusiasts alike.

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A series of articles exploring the seven critical areas that can indicate a partnership is in trouble.

The 4th C: CUMULATIVE MONEY PROBLEMS

Conflicts over money are very high on the list of reasons that 70% of business partnerships fail. I'm not referring necessarily to lack of money. The damage to business partnerships stem from the fact that each of us have different attitudes about money and therefore handle it in different ways.

The most hopeful scenario is that differences have been discussed openly at the outset of the partnership and are continually a topic reviewed with level heads.

Most often that is not the case. Here is a sample list of the types of problems businesses run into around money where partners can have very opposing views:



financial risk taking

collections

investment of profits

family involvement on acquisitions

under-capitalization involving outside investors

perceived inequality in remuneration of each partner based on each one's view of each other's work and responsibility

hiring and salaries of employees

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