What Are Program Cars?
Dealers often advertise "Program Cars" in their
ads. "Program Cars" are usually advertised as "Smart Cars," or "Factory Official Cars" or "Factory Demo's." They are usually one or two year old vehicles with 30,000 miles or less on
them.
In fact, about 25% of "Program Cars" are lease returns, about 70% are rental cars (cars from
Hertz, Avis, etc.) and a small percentage of
"Program Cars" are cars actually driven by factory officials, and a few of them are "Buy Backs" or
"Lemons!" That's right! They resell the "Lemons" back to the car dealers!
You can get a good value on a "Program Car," because car dealers can usually buy them "on the money!" . . . but before you make a decision on one get a Free CARFAX Record Check (you'll need the make, model and ID number.) Make sure the car doesn't have a problem history. It's better to be safe than sorry!
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BEWARE of Making a Very Costly Mistake!
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Millions of previously owned vehicles, including Program Cars, have many costly hidden problems. Some need very expensive mechanical repairs, while others may have been damaged or even Declared a Total Loss in a wreck, or damaged in a storm or by floods. Still others may have been repurchased from their original owner by the manufacturer as a "Lemon," only to eventually find it's way back out into the marketplace! (Thats Right! The car manufacturers sell "Buy Backs" or "Lemons" right back to the car dealers at auction!)
So, what's a poor unsuspecting car buyer to do? Well, before you finalize any used car purchase, get a Free CARFAX Record Check!
UPDATE...
The New CARFAX Buyback Guarantee!
With the new CARFAX Buyback Guarantee, CARFAX will buy a vehicle back from you if there was a severe problem reported by a DMV that was not included in the CARFAX Report.
These are the big problems you really need to worry about:
- Major Accidents
- Fire Damage
- Flood Damage
- Major Odometer Problems
- Lemon History
These are the main things that can significantly affect the value and safety of a used vehicle.
If your comprehensive CARFAX Report fails to notify you of any of the above problems, and you go ahead and buy the vehicle, CARFAX will buy the vehicle back from you. All you have to do is cash the check and get another car - CARFAX will even arrange to have the buyback vehicle picked up!
By finding out the FULL History of a used vehicle, you can avoid purchasing cars with serious problems, and you can confirm that the car in question has a Clean Background for your own peace of mind!
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