How Do Dealerships Determine the Price of a Used Vehicle?

 

Purchasing a used car over a new vehicle can save you a significant  amount of money since new cars lose as much as 20% of their value  in the first year alone. While that initial depreciation is sure to factor into the price of a used car, it's far from the only factor in play. Understanding how dealerships price their vehicles will help you know what to look for while you're on the lot.

 
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