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Planning Beginner: Shopping for a Used Car

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1.
When you are looking for a used car, a used car lot will always get you the best deals.
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False. You may get a better deal on a used car lot from a new car dealer, a mechanic, a friend, or some other party.
2.
A certified used car is one that has been _______.
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Improved upon and given an extended warranty. Certified cars appeal to people who want to buy a used car that is like new.
3.
When you have settled on a price for a used car at a dealership, that price is not the final price that you will pay for the transaction.
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True. After that part, you still have various fees and taxes to pay.
4.
When buying a used car, your objective should be to pay as close to the _______ as possible.
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Wholesale price. While your goal will be to come as close as possible to the wholesale price, the seller will still want to sell at the retail price.
5.
Before purchasing a used car, it is recommended that you have the car checked by a trusted mechanic.
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True. An inspection by a trusted mechanic can be the best insurance against purchasing a car likely to be subject to major repair bills.