Unsourced material may be challenged and removed. Small used car lot in the United States. Typical new car dealership selling used cars outside the showroom. 6 million used cars used car checklist pdf trucks were sold in the United States.
This was a slight increase over the 17. 5 million cars which were sold in 2015. 5 million used vehicles were sold. Vehicle history reports are one way to check the track record of any used vehicle. Consumers should research vehicles carefully, as these reporting services only report the information to which they have access.
In some countries the government is a provider of vehicle history, but this is usually a limited service providing information on just one aspect of the history, such as the MOT history. And none of them are currently free of charge to consumers and many are not free even to the car dealers. The history reports use several sources to gather the data for each vehicle including, the police, DVLA, finance houses, the national mileage register, insurance companies and industry bodies. Several of the services, most notably those in the United Kingdom and the United States, sell reports to dealers and then encourage the dealers to display the reports on their Internet sites. These reports are paid for by the dealer and then offered for free to potential buyers of the vehicle.
In the UK, the DVLA provides information on the registration of vehicles to certain companies for consumer protection and anti-fraud purposes. Companies may add to the reports additional information gathered from police, finance and insurance companies. Car history check services are available online for the public and motor trade customers. Used car pricing reports typically produce three forms of pricing information. Dealer or Retail Price is the price you should expect to pay if buying from a licensed new-car or used-car dealer — retail price.
Dealer Trade-in Price or wholesale price is the price you should expect to receive from a dealer if you trade in a car. This is also the price that a dealer will typically pay for a car at a dealer wholesale auction. Private-Party Price is the price you should expect to pay if you were buying from an individual. A private-party seller is hoping to get more money than they would with a trade-in to a dealer. A private-party buyer is hoping to pay less than the dealer retail price. The growth of the Internet has fueled the availability of information on the prices of used cars. This information was once only available in trade publications that dealers had access to.