New Vechicle - Own Or Lease?

[wayupnorth]

Once a vehicle has a title from the manufacturer to the very first owner from the state it is considered used in the eyes of the law. The dealer then transfers the title from the vehicle manufacturer to the first owner. Dealers never have the original title as new vehicles are still owned by the manufacturer pretty much under a floorplan, thus giving them more incentive to sell them. As far as used, in this state, titles are transferred from the previous owner to the new one, dealer or not when it is registered.

 

[delaneymeegan]

"what is the difference between used and "pre-owned"? "

About 200 points on your credit bureau score.

 

[gusherb]

On a related note

I don't think I would buy a used or pre-owned car unless it was certified (I feel like most used cars I've seen on dealer lots are), and came with an extended warranty. I'm seriously not a fan of the idea of buying someone else's lemon... And now onto a lemony note, I know someone who had bought a used 2002 model year Buick from a local Chevy dealer, and the car had apparently come with a warranty because the thing had a bad tranny that they couldn't get working right and gave the person loaners for 6 months.
I wish they weren't a Chevy dealer cuz I would give them my business for that kind of service in return. (To me Chevy is like the Whirlpool of automakers, and I don't care for Whirlpool if anyone hasn't noticed)

 

[alr2903]

We have had new and used. When we buy preowned/used, it is usually one we would not want to pay full sticker price for brand new. When we buy used, we buy from a dealer and take the basic 1 or 2 year service policy on the engine and drivetrain. (usually covers bumper to bumper the first year). A