Determining the Value of a New or Used Vehicle...

An MSRP sticker is not the net value of a new vehicle. Dealer cost for vehicles reflects manufacturer kickbacks and sales volume incentives...While dealerships sell extended service contracts, these high profit products can be costly and laced with exclusions...For preowned vehicles, mechanical condition is crucial...A private party sale offers zero recourse if the vehicle is a "lemon"...This guide shares a strategy for minimizing expensive surprises and determining the real worth of a new or used vehicle. Know how to place a value on a new or preowned vehicle.

—Moses Ludel 

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