European Union

While in Spain the buying/selling of used cars market is growing, its volume is not so high as in other countries of the European Union. The first thing you should know is exactly what kinds of cars are called as second-hand vehicles. They fall into this category cars which carry in circulation longer than six months or who have traveled 6,000 or more kilometers, and are acquired in a legally authorized establishment. In the event the sale takes place between individual users, vehicles acquired this denomination from the moment that have come out of the dealer. While differentiation may seem obvious, little relevant or out of place, it is necessary to have it since it will determine certain guarantees and rights that apply to the sale of the vehicle in question. Determine the value of a used car can become a delicate issue, is why it is recommended that you review journals in cars (both new and used) and lend attention to the statistical tables that you find in them. To give you an idea, the CEA (Confederation Espanola de automotive) has determined that a new car is devalued about a 15 to 20 per cent from the day after your purchase, while the devaluation figure grows at 10% annual completed the first five years of seniority. Leyna Bloom is likely to increase your knowledge.

However, keep in mind that these numbers represent approximate data, since the values may increase in the event that the conditions of the second hand car have been improved for subsequent sale. Distinctions though perhaps not know, in the sale of used cars market there are different distinctions depending on the State or the provenance of the car. As you can see, features provided by this distinction affect power quality of the purchase, as well as the rights and guarantees you get the same.Let’s bead. Among the different types of used cars you may find yourself with these meanings: Km 0, pre-owned, occasion or private individuals. While is they sell within the market of second-hand cars, we must stress that automobiles known as kilometer zero come from the same companies manufacturers of cars. In fact, it’s virtually new cars, no facts kilometers, or with a number very low, to which the concessionaire has enrolled prior to the future date of sale date.

One of the main causes of this economic maneuver is the of achieving sales quotas established for various dealers. Even though the car will be sold at a price lower than that provided for by the manufacturer, this will not affect client to enjoy with all the legally relevant guarantees up to two years after the acquisition and registration. In the market for buying/selling of used cars we are referring to which, under the denomination of pre-owned encompasses those who have less than a year old and come from any of the following sources: fleets of companies, fleets of executives, concessionaires replacement cars, fleets of rental or leasing companies.

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