Posts with keyword TMV→

(This is the 7^th post of the 8-part series An investing-friendly car buying guide. This is also somewhat long, but you get your car at the end!)

You have checked the car inside and out, test drove it, got the green signal from your mechanic, and now back to the seller to “seal the deal”. If you are buying from a private owner, the process is easy. The car usually costs less than it would in a dealership, and depending on the urgency of the owner, may cost even less than Edmunds’ TMV. You may try bargaining down further if the car needs some major repair. Get all maintenance records from the owner (to make sure the car was in good hands). Complete the formalities of title transfer etc. and the car is yours.
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(This is the 5^th post of the 8-part series An investing-friendly car buying guide.)

Visit Carfax.com with your list of cars and their VINs. This is where you look up the entire history of the car, from its birth up to now. Carfax offers a free service too, but it is more than your money’s worth to pay $30 for the detailed history report for unlimited number of cars. The icing is Carfax’s “buyback guarantee”, the offer to buy the car back from you at the price you paid if the report misses any serious violation. Enter each of the VINs on your list, and look them up.
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