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Honda Australia the first to cop a fine for breaching info-sharing scheme

CarExpert

Honda Australia has paid a penalty of more than $18,000 after Australia’s consumer watchdog alleged the carmaker wasn’t making information available to independent repairers at a fair price. It requires this information to be made available for purchase by all Australian repairers “at a price not exceeding its fair market value”.

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6 Smart Ways to Save Money When Buying a Used Car

Car Examer

And remember, it’s not just about the car price—consider things like taxes, insurance, registration, and any initial repairs you might need. Start by researching the car’s fair market value, so you know what’s reasonable for its make, model, and condition. Leave a bit of wiggle room for any surprise costs after you buy.

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Why Hertz is dropping thousands of electric cars from its fleet

CarExpert

Collision and damage repairs on an EV can often run about twice that associated with a comparable combustion engine vehicle,” said Mr Scherr on the call. Hertz Global CEO Stephen Scherr said during the company’s third-quarter earnings call in 2023 that “our in-fleeting of EVs will be slower than our prior expectations”.

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Companies That Buy Cars: Your Guide

Car Examer

Fair Market Value: Many companies use up-to-date market data to offer competitive prices, ensuring you get a fair deal. No Need for Repairs: These companies typically buy cars in various conditions, so you don’t need to spend money on repairs or detailing. What you need to know when selling.

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Unveiling the Secrets of Buying Used Cars

Car Examer

Negotiation Strategies: Know the Market Value: Research the fair market value of the specific make and model to negotiate from an informed position. Consideration of Repairs: Use any identified issues from inspections as negotiation points, factoring potential repair costs into your offer.

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Smart Tips for Buying a Pre-Owned Chrysler, Dodge, Jeep, Ram, or Fiat Vehicle

Market Doctors

Once you have narrowed down your choices, it’s essential to establish a realistic budget that accounts for the purchase price, taxes, insurance, and any potential repair or maintenance costs. By having a detailed inspection performed, you can feel more confident in your purchase and avoid costly repairs down the road.

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WHAT ARE THE BEST USED CARS UNDER $15K?

Carcloud Auto Group

These costs include insurance, maintenance, fuel, and repairs. Additionally, consider the availability and cost of spare parts, as this can impact future maintenance and repair expenses. Start by researching the fair market value of the specific make, model, and year of the car you’re interested in.