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What is the "Buyers Guide" that is posted on a used car?

The Federal Trade Commission requires all dealers who sell used cars to post a "Buyers Guide." The Guide tells you the following:

  • Whether the vehicle is being sold "as is" or with a warranty; 
  • What percentage of the repair costs a dealer will pay under the warranty; 
  • That spoken promises are difficult to enforce; 
  • To get all promises in writing; 
  • To keep the Buyers Guide for reference after the sale; 
  • The major mechanical and electrical systems on the car, including some of the major problems you should look out for; and 
  • To ask to have the car inspected by an independent mechanic before you buy it.







Brenda Procter, M.S., State Specialist & Instructor
Personal Financial Planning, University of Missouri-Extension


Last update: Friday, April 21, 2006









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